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Sprint Trade-In Program: Fast Money or Bad Deal?

Is the Sprint trade-in program a good deal, or should you look for other smartphone buyback options? We investigate!

How does Sprint’s trade-in program stack up to other trade-in options? Let’s take a look!

Is the Sprint trade-in program a good deal?

Let’s compare how much Sprint will pay for some popular phones versus trade-in offers found on Flipsy.com (as of 11/01/2019).

 

DeviceSprintFlipsy
iPhone XS Max (Verizon 64GB Gray)$450 credit$536 cash
iPhone XS (Verizon 64GB Gray)$345 credit$463 cash
iPhone XR (Verizon 64GB Gray)$280 credit$347 cash
iPhone X (Verizon 64GB Gray)$275 credit$363 cash
iPhone 8 Plus (Verizon 64GB Gray)$225 credit$294 cash
iPhone 8 (ATT 64GB Gray)$155 credit$207 cash
iPhone 7 Plus (Sprint 32GB Black)$145 credit$148 cash
iPhone 7 (T-Mobile 32GB Black)$80 credit$107 cash
Galaxy S9 Plus (Verizon 32GB Gray)$150 credit$210 cash
Galaxy S9 (Verizon 64GB Gray)$130 credit$189 cash
Galaxy Note 8 (Verizon 64GB Gray)$80 credit$190 cash
Galaxy S8 Plus (Verizon 64GB Black)$110 credit$155cash
Galaxy S8 (AT&T 64GB Black)$110 credit$119 cash
Galaxy S7 Edge (Sprint 32GB Black)$40 credit$80 cash
Galaxy S7 (T-Mobile 32GB Black)$35 credit$60 cash
Phone not listed? Find your exact phone on the Sprint Buyback page, then compare it to offers on Flipsy.com

As you can see, Sprint is not the highest-paying buyback option. In fact, we found that Sprint paid an average of 21% less than Flipsy vendors for the models compared.



Another important consideration: Sprint only pays in store credit, applied to your bill within three billing cycles. Thus, you must wait to get your credit and you must be a Sprint customer to spend it. Our vendors offer cash payouts, so you’re free to spend your money however (and wherever) you’d like.

Have a phone to sell? Trust verified stores compete to offer 30% more than carrier trade-in programs. Find out how much yours is worth.

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How the Sprint trade-in program works

Start by visiting the Sprint Buyback page, then:

  1. Search or browse for your phone
  2. Answer a few questions about your phone and its condition, and Sprint will present an offer
  3. Accept the offer, and Sprint will email you a prepaid shipping label along with packaging and shipping instructions
  4. Once Sprint receives your phone and verifies its condition, credit will be applied to your account within three billing cycles
What about Sprint insurance? Is it worth it? Find out what it covers (and what it doesn’t)

With lower payouts and delayed payments limited to store credit, Sprint does not offer the best deal for used phones. If you want more money (and in cash), it pays to check Flipsy first.

Related Help

> Is Sprint insurance a good deal?
> Verizon trade-in program: Is it a good deal?
> AT&T trade-in program review: Is it a good deal?
> Is the T-Mobile trade-in program a good deal?
> Flipsy: Trusted or Not?

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FREE MONEY: The average household has $265 worth of old gadgets.