The Apple iPhone 12 launched in 2020 at $799 and is now 6 years into its lifecycle. In excellent condition it trades in for $140-$190, a 79% drop from original retail. This guide covers what the iPhone 12 is worth right now across the major trade-in services, where to buy a certified refurbished unit, and how to recycle one safely if it's reached end-of-life.
Reviewed by the eCycling Central editorial team. Trade-in values verified against Decluttr, Gazelle, Back Market, Apple Trade In and Best Buy as of 2026-05-17.
Current Trade-In Values
These are real quoted values from the major US trade-in services as of 2026-05-17:
| Condition | Low | High | Sources | |---|---:|---:|---| | Excellent | $140 | $190 | Decluttr, Back Market | | Good | $90 | $140 | Decluttr, Gazelle | | Fair | $45 | $80 | Decluttr, Gazelle |
Trade-in values change weekly. Always get a live quote before posting your device. Quotes drop sharply if the device arrives in worse condition than declared - pack carefully and document the condition with photos before shipping.
Where to Trade In a Apple iPhone 12
- Apple Trade In - Cash card or new-purchase credit. Mail-in or in-store. Most products eligible including non-working.
- Decluttr - fast quotes, instant cash on receipt. Pays bank transfer or PayPal within 24 hours of receiving the device.
- Gazelle - PayPal payout, generally 5-10% lower than Decluttr on phones but more lenient on inspection.
- Back Market Trade-In (ad) - bank transfer; tends to win on Macs and premium laptops.
- Best Buy Trade-In - instant in-store quote; pays in Best Buy gift card.
For a direct comparison of payouts across services, see our Decluttr vs Gazelle vs BackMarket comparison.
Where to Buy a Refurbished Apple iPhone 12
If you're replacing a iPhone 12 rather than buying new, certified refurbished saves 30-50%:
All certified-refurbished sellers test the device, replace the battery if degraded below 80% capacity, and reset to factory defaults.
How to Recycle a Apple iPhone 12
If trade-in value is below £20 / $25 - or the device has a swollen battery, cracked screen with internal damage, or won't power on - recycling is the responsible end-of-life route.
The fastest free option for a Apple device is the manufacturer programme: Apple Trade In. Cash card or new-purchase credit. Mail-in or in-store. Most products eligible including non-working.
Free options that work for any smartphone:
Before recycling, factory-reset the device, remove SIM and SD cards, and sign out of any cloud account.
What's Inside (Recoverable Materials)
A modern smartphone contains roughly 0.034g gold, 0.34g silver, 0.015g palladium, 15g copper and 16g aluminium. Total recoverable raw-material value is around $1-$3 per device at 2026 commodity prices. Lithium-cobalt batteries are 30-50g and require separate processing.
The UN Global E-Waste Monitor 2024 estimates that the raw materials in global e-waste were worth $91 billion in 2022, with only 22.3% formally recycled. Every device sent to certified recycling closes a small part of that loop.
Repair vs Replace
Fair-condition trade-in is around $62. Small repairs (battery, screen) at $40-$100 can lift the unit to excellent and double the resale value - worth doing if the device is otherwise functional.
Common failure modes for this generation: battery degradation below 80% capacity (cheap fix at any independent repair shop), screen damage from drops (out-of-warranty repair from the manufacturer is usually 2-3x what an independent shop charges), and water damage (rarely worth repairing - recycle and trade up).
Related Guides
Sources
- Trade-in prices: live quotes from Decluttr, Gazelle, Back Market, Apple Trade In, Best Buy Trade-In, retrieved 2026-05-17
- Manufacturer take-back URLs: official manufacturer recycling pages
- Recoverable materials: UN Global E-Waste Monitor 2024 (UNITAR/ITU) baseline data
- Repairability scores: iFixit teardown database where available