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 01/21/2020).
|What’s the best place to sell a phone? Compare your options|
|iPhone XS Max (Verizon 64GB Gray)||$375 credit||$476 cash|
|iPhone XS (Verizon 64GB Gray)||$290 credit||$434 cash|
|iPhone XR (Verizon 64GB Gray)||$245 credit||$337 cash|
|iPhone X (Verizon 64GB Gray)||$235 credit||$354 cash|
|iPhone 8 Plus (Verizon 64GB Gray)||$180 credit||$283 cash|
|iPhone 8 (ATT 64GB Gray)||$125 credit||$205 cash|
|iPhone 7 Plus (Sprint 32GB Black)||$95 credit||$189 cash|
|iPhone 7 (T-Mobile 32GB Black)||$50 credit||$113 cash|
|Galaxy S9 Plus (Verizon 32GB Gray)||$160 credit||$204 cash|
|Galaxy S9 (Verizon 64GB Gray)||$135 credit||$174 cash|
|Galaxy Note 8 (Verizon 64GB Gray)||$105 credit||$175 cash|
|Galaxy S8 Plus (Verizon 64GB Black)||$95 credit||$135 cash|
|Galaxy S8 (AT&T 64GB Black)||$80 credit||$112 cash|
|Galaxy S7 Edge (Sprint 32GB Black)||$45 credit||$75 cash|
|Galaxy S7 (T-Mobile 32GB Black)||$45 credit||$57 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 45% less than Flipsy vendors for the models compared.
Another important consideration: Sprint only pays in store credit, applied to your bill within four weeks. Thus, you must wait to get your credit and you must be a Sprint customer to spend it.
Did you know? Many phones are worth $100+. Find the value of your phone.
How the Sprint trade-in program works
Start by visiting the Sprint Buyback page, then:
- Search or browse for your phone
- Answer a few questions about your phone and its condition, and Sprint will present an offer
- Accept the offer, and Sprint will email you a prepaid shipping label along with packaging and shipping instructions
- Once Sprint receives your phone and verifies its condition, credit will be applied to your account within four weeks
|What about Sprint insurance? Is it worth it? Find out what it covers (and what it doesn’t)|
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