Apple is set to launch the highly anticipated iPhone 15 in mid-September, and experts are advising eager consumers to trade in their old iPhones now to maximize their value. Waiting until closer to the launch date will result in a decrease in trade-in prices. Sellcell, a phone trading company, predicts a 16% drop in trade-in prices post-launch, while Envirofone suggests a similar decrease in trade-in value for the iPhone 14 Pro leading up to the release. Currently, the average selling price for the iPhone 14 Pro is around $820, but that could plummet by $130 after the launch. The ideal time to sell your old handset is before August 26, as older iPhones typically lose between 60-65% of their original retail price by 28 days before a new model is released. If you wait until October, prices will likely drop even further. However, it’s important to note that trading in your old iPhone early won’t leave you without a phone, as companies offer an agreed trade-in price for a set period of time. Just be careful not to damage your handset in the meantime, as that would void the trade-in deal. The iPhone 15 is expected to bring new features such as USB-C charging, a titanium frame, the Dynamic Island, and the A16 chipset from the iPhone 14 Pro. It also introduces a programmable action button and a periscope lens exclusively for the iPhone 15 Pro Max. The higher-end models, like the Pro Max, come with a significant price increase, with a retail price of $1,299. Other versions include the 15 Plus, with a larger screen, and the faster 15 Pro. So, if you’re planning to upgrade to the iPhone 15, now is the time to trade in your old device to get the best value.
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