The third generation of the affordable iPhone comes with the latest A15 Bionic chip, which is the same chip used on the iPhone 13 series, making it one of the best performing phones in the segment. It also means that the entry-level iPhone is now 5G capable. The design is unchanged and similar to the older SE 2020 model offering a home button on the front, an improved single rear camera, a smaller battery, IP67 rating for water and dust resistance and three different colors, including Midnight, Starlight and (PRODUCT) RED. Users who want a compact phone will appreciate the smaller form factor and curved edges. It comes in three different storage options, including 64GB, 128GB and 256GB, and the price starts at $429, which is $30 more than the predecessor. The buyers can get it at a significantly lower cost by exchanging their phones.
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Users can choose trade-in when they buy an iPhone, and by answering a few questions about their old device, they can find out the estimated value. The user can either trade in the older device by mailing it to Apple or visit an Apple Store to exchange and upgrade the device. Once Apple receives the phone, they inspect and verify the quality. It is essential to keep in mind that, apart from the phone model, the device’s condition also affects the overall value. If the user decides to pay monthly, Apple will offer the value as instant credit, and if the user pays in full, the value will be transferred to the payment method upon receiving the older device.
How Much You Can Save
The trade-in value differs from model to model. In exchange for the newer iPhones like 12 Pro Max, the total value is $650, which is more than the actual cost of the iPhone SE 3. For users upgrading from the iPhone 8 Plus, the value can be up to $160, while for those upgrading from the iPhone 7 Plus, the value is up to $90. Meanwhile, the predecessor SE (2nd Generation) can offer up to $150 in credit. Much older models like the iPhone 6s will provide the credit of just $30. Not just the iPhone, but Android users can also exchange their smartphones for the SE 3. Samsung Galaxy S8 and S9 users will get $30 and $50 respectively as the exchange value. Google Pixel 3/3a/3a XL will have a trade-in value of up to $35, whereas Pixel 4 can drop the price of SE 3 by up to $100. Apple may not offer anything if the phone is in poor condition and will simply recycle it. Unfortunately, iPhone 5 and 6 series are ineligible for exchange, so there is no value, but Apple will recycle the phone.
It is vital to back up the device before exchanging it. If the trade-in value is higher than the cost of the new iPhone, then Apple will give the remaining amount to the buyer in the form of an Apple Gift Card. The pre-orders for iPhone SE 3 start from March 11, while the availability begins from March 18. As part of the trade-in program, Apple offers an easy way to lower the price of the new iPhone while also recycling older models.