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 09/14/2021).
|iPhone XS Max (Verizon 64GB Gray)||$228 credit||$347 cash|
|iPhone XS (Verizon 64GB Gray)||$158 credit||$252 cash|
|iPhone XR (Verizon 64GB Gray)||$136 credit||$247 cash|
|iPhone X (Verizon 64GB Gray)||$134 credit||$235 cash|
|iPhone 8 Plus (Verizon 64GB Gray)||$85 credit||$200 cash|
|iPhone 8 (ATT 64GB Gray)||$75 credit||$120 cash|
|iPhone 7 Plus (Sprint 32GB Black)||$35 credit||$102 cash|
|iPhone 7 (T-Mobile 32GB Black)||$32 credit||$51 cash|
|Galaxy S9 Plus (Verizon 32GB Gray)||$30 credit||$129 cash|
|Galaxy S9 (Verizon 64GB Gray)||$30 credit||$92 cash|
|Galaxy Note 8 (Verizon 32GB Gray)||$33 credit||$110 cash|
|Galaxy S8 Plus (Verizon 64GB Black)||$15 credit||$95 cash|
|Galaxy S8 (AT&T 64GB Black)||$15 credit||$55 cash|
|Galaxy S7 Edge (Sprint 32GB Black)||$5 credit||$30 cash|
|Galaxy S7 (Verizon 32GB Black)||$5 credit||$25 cash|
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
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