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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 08/26/2022).

ModelSprintFlipsy
iPhone SE 3 64GB Verizon$175$136
iPhone 13 128GB Verizon$395$445
iPhone 12 64GB Verizon$275$315
iPhone SE 2 64GB Verizon$75$120
iPhone SE 2 64GB AT&T$75$100
iPhone 11 64GB Sprint$170$170
iPhone XS Max 64GB Verizon$160$210
iPhone XS 64GB Verizon$100$152
iPhone XR 64GB Verizon$95$135
iPhone X 64GB Verizon$90$150
iPhone 8 Plus 64GB Verizon$65$117
iPhone 8 64GB Verizon$55$75
Galaxy S22 128GB Verizon$350$315
Galaxy Z Fold 3 VerizonN/A$520
Galaxy Z Fold 2 Verizon$350$475
Galaxy Note 20 Verizon$260$280
Galaxy Z Flip 3 Verizon$285$250
Galaxy S20 Verizon$165$210
Galaxy Note 10 Verizon$105$195
Galaxy S10 128GB Verizon$80$116
Samsung Galaxy S21 5G 128GB Verizon$260$242
Samsung Galaxy Note20 5G AT&T$260$280
Samsung Galaxy Z Flip 5G Unlocked$140$252
Samsung Galaxy S20 Plus 5G Sprint$220$197
Samsung Galaxy S20 5G T-Mobile$165$200
Samsung Galaxy Note10 Plus 5G 512GB Verizon$150$295
Samsung Galaxy Note10 Plus 256GB Sprint$135$170
Samsung Galaxy S10 AT&T 128GB Unlocked$80$100
Galaxy S9 Plus 64GB Verizon$30$80
Galaxy S9 64GB Verizon$30$67
Galaxy Note 8 64GB Verizon$30$75
Find Current Trade In Prices for Smart Phones @ Flipsy

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.

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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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