Buying an iPhone 5: Apple now offering $345 for 64GB iPhone 4


With the iPhone 5’s September 12 unveiling (and pre-orders) less than 2 weeks away, there’s a good chance that you’re already thinking about selling your old iPhone for some much needed cash. Well Apple – partnered with PowerOn – has updated their Reuse and Recycling program and included the iPhone 4S as a device you can “trade in” for Apple Gift Cards, which can be used at any U.S. Apple retail store or Apple online store. A 64GB iPhone 4S in mint condition will net you $345, while the 32GB model goes for $330. Here’s how you can score that gift card, as per reuse landing page:

  1. Tell us about your device - Only iPhone, iPad, and Mac or PC desktop and notebook computers qualify for the Apple Reuse and Recycling Program.
  2. Get your estimate and ship your device - Apple contracts with PowerON, who will estimate the fair market value of your product. PowerON will provide convenient prepaid options to package and ship your product to their facility for evaluation.
  3. Receive your Apple Gift Card - After a short time, your Apple Gift Card will arrive in the mail. Use it for purchases at any Apple Retail Store or the Apple Online Store.

An iPhone 4 (32GB ) in excellent condition (fully working, no scuffs, scratches or previous water damage) can be recycled for $185. Meanwhile, the iPad 3 (fully loaded – 64GB with 3G + Wifi) has a trade-in value of $425.

You can most likely get a higher resale value by selling it on Craigslist or eBay, but after a rather terrible personal experience (I was mugged at gun point over a year ago trying to buy the iPad 2 on Craigslist), the Apple recycle program for gift cards to me  is much safer and actually pain free. Mind you, if you’re extra careful in meeting up strangers for the quick-sell (meet in very public places, bring friends etc.), the transaction should go down smoothly. Also, keep in mind that this is only good for US residents.

Head over to Reuse and Recycling program and see what your iDevices or Mac computers are worth.


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