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 05/17/2021).
|iPhone XS Max (Verizon 64GB Gray)||$270 credit||$355 cash|
|iPhone XS (Verizon 64GB Gray)||$188 credit||$281 cash|
|iPhone XR (Verizon 64GB Gray)||$159 credit||$258 cash|
|iPhone X (Verizon 64GB Gray)||$153 credit||$237 cash|
|iPhone 8 Plus (Verizon 64GB Gray)||$99 credit||$210 cash|
|iPhone 8 (ATT 64GB Gray)||$79 credit||$124 cash|
|iPhone 7 Plus (Sprint 32GB Black)||$56 credit||$122 cash|
|iPhone 7 (T-Mobile 32GB Black)||$40 credit||$74 cash|
|Galaxy S9 Plus (Verizon 32GB Gray)||$65 credit||$171 cash|
|Galaxy S9 (Verizon 64GB Gray)||$65 credit||$143 cash|
|Galaxy Note 8 (Verizon 32GB Gray)||$40 credit||$126 cash|
|Galaxy S8 Plus (Verizon 64GB Black)||$35 credit||$122 cash|
|Galaxy S8 (AT&T 64GB Black)||$36 credit||$97 cash|
|Galaxy S7 Edge (Sprint 32GB Black)||$15 credit||$58 cash|
|Galaxy S7 (Verizon 32GB Black)||$11 credit||$42 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
|What about Sprint insurance? Is it worth it? Find out what it covers (and what it doesn’t)|
> 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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