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Best Buy trade-in offer to take any working smartphone for at least $100 toward iPhone 5s, 5c

post #1 of 27
Thread Starter 
Electronics retailer Best Buy appears on the verge of kicking off another trade-in program aimed at getting iPhone 5s and 5c customers through its doors, this time offering a minimum of $100 toward the purchase of one of Apple's two new phones in exchange for any working smartphone.

Best Buy iPhone 5c offer


The new trade-in offer will launch on Friday, October 11, for customers interested in the iPhone 5c, according to an apparent internal document obtained by TechnoBuffalo. Those interested in the iPhone 5s can take advantage of the option beginning October 13. For both phones, the promotion will run through October 19.

According to the document, the trade-in program will see Best Buy offering a gift card for at least $100 in exchange for any working smartphone. That gift card must be used toward the purchase of an iPhone 5c or an iPhone 5s with a two-year contract on a supported carrier.

This new trade-in offer reportedly can not be combined with Best Buy's existing iPhone 5c offer. That offer makes the 5c available for $49 with a $50 Best Buy gift card.

Devices eligible for trade-in must power on, and devices that are water damaged or that have cracked screens are not eligible for the program. Customers bringing in smartphones in their original packaging or with their original accessories may also see their trade-in values increase.

Interested customers may also want to call ahead to their local Best Buy location, as the document notes that the offer may not be valid at all locations.

This apparent new program would be the latest in a string of iPhone-centric deals the electronics retailer has offered. Current iPhone owners looking to upgrade to one of Apple's newer models can take advantage of a wealth of options to trade-in their iPhones. AppleInsider also hosts an iPhone trade-in guide with current cash payout prices for each iPhone (and iPad) model to help readers get the most out of their existing devices, and help offset the cost of new ones.

post #2 of 27

iPhones are the hottest thing going! It's exactly what I would do....except it would be from the trunk of my car, I guess! :)

post #3 of 27
Not cool. Why is Best Buy practically giving away their inventory?? What don't I know??
post #4 of 27
Originally Posted by AjbDtc826 View Post
Not cool. Why is Best Buy practically giving away their inventory?? What don't I know??

 

The company won’t see 2020.

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post #5 of 27
Would they take my POS Android that hasn't been used in two years?
post #6 of 27
If you give them $100 they'll take your Android phone .
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post #7 of 27

Last week I took my iPhone 4S 64GB (great shape) to an Apple store and they offered me $208 for exchange to a 5s. 

I thought it was very reasonable.  Rep said, old iPhones value change everyday.

post #8 of 27
Any smartphone, so the $50 (when bought off contract) android phones count?
post #9 of 27
Quote:
Originally Posted by Tallest Skil View Post

The company won’t see 2020.

See clear? Or see the year? I guess both.
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post #10 of 27
If this is anything like their iPhone 5 promo they ran a week before the 5s/5c came out then "any smartphone" means any smartphone that's "in their system" and I think it has to have some sort of value, i.e. can't be $0.00 (I'm not positive about that part though.) The previous iPhone 5 promo was trade in any smartphone for a minimum $100 gift card towards a iPhone 5, which is $99, so "free," but I had to pay tax on the full retail price. I traded in a Motorola Droid 2 for it, which came out in 2010, and their system valued it at $5 but during the promo it added a additional $95. You can see if your old smartphone is in their system by checking this link,

http://www.bestbuytradein.com/bb/QuoteCalculator.cfm?category=mobile-phones

If it's there you'll get a minimum of $100 regardless of what the site currently says.
Edited by promise7 - 10/10/13 at 9:53am
post #11 of 27
Quote:
Originally Posted by bencamx View Post

Last week I took my iPhone 4S 64GB (great shape) to an Apple store and they offered me $208 for exchange to a 5s. 
I thought it was very reasonable.  Rep said, old iPhones value change everyday.

For anyone who hasn't jumped in, this is not a great deal. For example http://www.cashforiphones.com is offering up to $334 for that phone.
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post #12 of 27
Quote:
Originally Posted by christopher126 View Post

iPhones are the hottest thing going! It's exactly what I would do....except it would be from the trunk of my car, I guess! 1smile.gif

Then why the need for all the special offers?
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post #13 of 27
Quote:
Originally Posted by jragosta View Post
 
Quote:
Originally Posted by bencamx View Post

Last week I took my iPhone 4S 64GB (great shape) to an Apple store and they offered me $208 for exchange to a 5s. 
I thought it was very reasonable.  Rep said, old iPhones value change everyday.

For anyone who hasn't jumped in, this is not a great deal. For example http://www.cashforiphones.com is offering up to $334 for that phone.

 

Those guys are awesome. My wife's iPhone 4 8GB is getting traded in today for a 4s (she just doesn't want a 5/5s/5c) but this will get me 2 years on AppleCare+ (which runs out on the iPhone 4 in a day or two) plus $50 to spare (to help recover from my 5s 64GB which arrived yesterday). And I didn't think it would be worth anything more than as an iPod -- Apple is the best investment all around. Apple tax my ass!

post #14 of 27
Quote:
Originally Posted by dasanman69 View Post
 
Quote:
Originally Posted by christopher126 View Post

iPhones are the hottest thing going! It's exactly what I would do....except it would be from the trunk of my car, I guess! 1smile.gif

Then why the need for all the special offers?

 

I suspect it has a lot more to do with getting people to buy from BestBuy instead of one of the other places they can get it (e.g., Apple store, all the carriers).

post #15 of 27
Quote:
Originally Posted by dasanman69 View Post

Then why the need for all the special offers?

It happens all the time. Great deals appear both when items aren't selling or when items are selling well. In the latter case, it's more a matter of getting you to buy from Best Buy rather than somewhere else - plus, it's a way of getting traffic into the store.
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post #16 of 27
Quote:
Originally Posted by jragosta View Post

It happens all the time. Great deals appear both when items aren't selling or when items are selling well. In the latter case, it's more a matter of getting you to buy from Best Buy rather than somewhere else - plus, it's a way of getting traffic into the store.

Why just iPhones? I figure they want to also clear out stock of other phones. Is business that bad at Best Buy that they can't even sell iPhones without a promo?
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post #17 of 27
Quote:
Originally Posted by dasanman69 View Post

Why just iPhones? I figure they want to also clear out stock of other phones. Is business that bad at Best Buy that they can't even sell iPhones without a promo?

Or perhaps it's simply the fact that other phones don't draw people into the store so there's no point in discounting them.

What part of 'marketing' do you not understand? Or, maybe to make it simpler for you, look up 'loss leader'.
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post #18 of 27
Quote:
Originally Posted by dasanman69 View Post

Then why the need for all the special offers?
Accessories and competition.
post #19 of 27
So you sign away two years of your life to a greedy phone carrier in exchange for $100.

Sounds reasonable to them especially after they've drained you for about $2500.
post #20 of 27
Quote:
Originally Posted by Corvus View Post

So you sign away two years of your life to a greedy phone carrier in exchange for $100.

Sounds reasonable to them especially after they've drained you for about $2500.

You don't have to sign anything. It's real simple, just don't get a phone.
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post #21 of 27
Quote:
Originally Posted by Corvus View Post

So you sign away two years of your life to a greedy phone carrier in exchange for $100.

Sounds reasonable to them especially after they've drained you for about $2500.

No problem. You're free to buy the phone outright and use a prepaid service.

Choice is good, right?
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post #22 of 27
Quote:
Originally Posted by promise7 View Post

If this is anything like their iPhone 5 promo they ran a week before the 5s/5c came out then "any smartphone" means any smartphone that's "in their system". The previous iPhone 5 promo was trade in any smartphone for a minimum $100 gift card towards a iPhone 5, which is $99, so "free". I traded in a Motorola Droid 2 for it, which came out in 2010. You can see if your old smartphone is in their system by looking at this link, http://www.bestbuytradein.com/bb/QuoteCalculator.cfm?category=mobile-phones if it's there you'll get a minimum of $100 regardless of what the site currently says. My Droid 2 was valued at $5, but during the promo the system adds a additional $95.

 

Thanks for the link!

post #23 of 27
Quote:
Originally Posted by jragosta View Post


No problem. You're free to buy the phone outright and use a prepaid service.

Choice is good, right?

Is that available yet? I tried to buy a 16gb 5s outright and was told they wouldn't sell it to me since I'm not eligible for any kind of upgrade.

post #24 of 27
Quote:
Originally Posted by AtDIelement View Post
 

Is that available yet? I tried to buy a 16gb 5s outright and was told they wouldn't sell it to me since I'm not eligible for any kind of upgrade.

 

That's odd, if your trying to buy the phone outright (at full price) then it shouldn't matter if your eligible for a upgrade or not.  If your trying to do this deal though, then you have to have a upgrade available. I'm not sure if you can just extend your contract before your upgrade is up.

post #25 of 27
Quote:
Originally Posted by promise7 View Post
 

 

That's odd, if your trying to buy the phone outright (at full price) then it shouldn't matter if your eligible for a upgrade or not.  If your trying to do this deal though, then you have to have a upgrade available. I'm not sure if you can just extend your contract before your upgrade is up.

Apparently, it's at Apple's request that they don't sell at full price for a few weeks. I guess to stop the eBay trolls?

post #26 of 27
I have done this in years past - sold my iPhone for cash. I went with Gazelle this year and got $225 for my 16gb 4S. It was the price offered for a iPhone of that kind in excellent condition. If you are jumping in now you aren't going to get as much because the market is over saturated with all these older iPhones. I think Best Buy is really overpriced and can see them going out of business sooner rather than later.
post #27 of 27

We got a deal similar to this from Verizon. We had to trade in two phones and buy an accessory for each. We traded in two Virgin Mobile Kyocera Rises and got two 5cs for $0.

 

- Jasen.

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