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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 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:

  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 four weeks
What about Sprint insurance? Is it worth it? Find out what it covers (and what it doesn’t)

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