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 10/29/2018).
|iPhone X (Verizon 64GB Gray)||$360 credit||$551 cash|
|iPhone 8 Plus (Verizon 64GB Gray)||$390 credit||$426 cash|
|iPhone 8 (ATT 64GB Gray)||$320 credit||$341 cash|
|iPhone 7 Plus (Sprint 32GB Black)||$275 credit||$252 cash|
|iPhone 7 (T-Mobile 32GB Black)||$170 credit||$199 cash|
|iPhone 6s Plus (Verizon 16GB Gray)||$135 credit||$183 cash|
|iPhone 6s (Verizon 16GB Gray)||$85 credit||$136 cash|
|Galaxy S8 Plus (Verizon 64GB Black)||$240 credit||$295 cash|
|Galaxy S8 (AT&T 64GB Black)||$185 credit||$260 cash|
|Galaxy S7 Edge (Sprint 32GB Black)||$115 credit||$143 cash|
|Galaxy S7 (T-Mobile 32GB Black)||$75 credit||$125 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.
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 three billing cycles
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.
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