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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 05/23/2022).

ModelSprintFlipsy
iPhone 13 128GB Verizon$400$541
iPhone 12 64GB Verizon$320$370
iPhone 11 64GB Verizon$175$273
iPhone SE 2 (2021) 64GB Verizon$80$150
iPhone 12 Pro Max (Verizon 128GB)$375$670
iPhone 12 Pro (T-Mobile 512GB)$410$595
iPhone 12 (Unlocked 128GB)$330$415
iPhone 12 Mini (Sprint 64GB)$255$287
iPhone SE 2 (AT&T 64GB)$80$132
iPhone 11 Pro Max (T-Mobile 256GB)$355$411
iPhone 11 Pro Max (Verizon 64GB)$330$430
iPhone 11 (Sprint 64GB)$175$256
iPhone XS Max (Verizon 64GB)$185$255
iPhone XS (Verizon 64GB)$120$181
iPhone XR (Verizon 64GB)$115$176
iPhone X (Verizon 64GB)$110$190
iPhone 8 Plus (Verizon 64GB)$75$163
iPhone 8 (Verizon 64GB)$65$101
Galaxy Z Fold 3 VerizonN/A$620
Galaxy Z Fold 2 Verizon$350$530
Galaxy Note 20 Verizon$275$370
Galaxy Z Flip 3 Verizon$300$310
Galaxy Z Flip 2/5G VerizonN/AN/A
Galaxy S20 Verizon$185$260
Galaxy Note 10 Verizon$120$225
Galaxy S10 128GB Verizon$85$152
Samsung Galaxy S21 5G ( Verizon128GB)$280$270
Samsung Galaxy Note20 5G (AT&T)$275$370
Samsung Galaxy Z Flip 5G (Unlocked)$145$280
Samsung Galaxy S20 Plus 5G (Sprint)$225$272
Samsung Galaxy S20 5G (T-Mobile)$185$260
Samsung Galaxy Note10 Plus 5G (Verizon 512GB)$155$305
Samsung Galaxy Note10 Plus (Sprint 256GB)$145$210
Samsung Galaxy S10 AT&T (Unlocked 128GB)$85$155
Galaxy S9 Plus (Verizon 64GB)$30$96
Galaxy S9 (Verizon 64GB)$30$77
Galaxy Note 8 (Verizon 64GB)$30$88
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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