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).
| Model | Sprint | Flipsy |
|---|---|---|
| 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 Verizon | N/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 Verizon | N/A | N/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 |
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.
| iPhone | Samsung | |
| OnePlus | LG | Motorola |
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) |
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