Sell Your iPhone 11 - Trade-In Values from 3+ Providers

The iPhone 11, released in 2019, can be traded in for cash or credit at various providers. This guide compares current trade-in values across multiple platforms and explains how to maximize your return. Since its launch, the iPhone 11 has been one of Apple's most popular models, with millions sold globally. Understanding the best way to recycle or upgrade this device is crucial for both environmental and financial reasons.

looking to trade in or sell your device, this guide will help you get the best deal.

When comparing providers like Decluttr, Back Market, and musicMagpie, each has a slightly different approach. For instance, Decluttr offers both cash and credit options for your iPhone 11, whereas Back Market focuses more on refurbishing devices before reselling them at competitive prices. MusicMagpie primarily deals in cash but also provides trade-in credits that can be used towards future purchases.

According to the BankMyCell depreciation tracker, The average smartphone loses 35-45% of its trade-in value within the first year.

Understanding the difference between trading in (getting a store credit) and selling outright (receiving cash) is key. Trading in usually offers you options to upgrade your device, while selling gives you immediate money. The decision depends on whether you plan to buy another phone right away or prefer liquidating your old one for quick cash.

To prepare your iPhone 11 for trading in, start by backing up all data and personal information. Remove any passwords and sign out of iCloud. Then, perform a factory reset through Settings > General > Reset > Erase All Content and Settings. This step is important as it ensures no sensitive info remains on the device.

Wiping your iPhone 11's data properly involves several steps:

1. Back up your iPhone using iTunes or iCloud.
2. Sign out of all accounts, including Apple ID, email, and social media apps.
3. Go to Settings > General > Reset > Erase All Content and Settings.
4. Follow the prompts to complete the factory reset.

According to the UNEP, A single tonne of circuit boards contains 40-800 times more gold than a tonne of ore.

When assessing the condition of your iPhone 11, here's what each category means:

• Good: No cracks or dents in the screen; no water damage detected; fully functional with all features working correctly.
• Fair: Some minor scratches on the exterior; slight wear and tear; still operational but with some cosmetic issues.
• Broken: Major defects like a cracked screen, significant water damage rendering it non-functional, or any other serious malfunctions.

To maximise your trade-in value:

1. Factory reset before sending in to remove all data securely.
2. Clean the device thoroughly to improve its appearance.
3. Include original accessories and packaging if available.
4. Time it right-don't sell immediately after a new model release; wait until values stabilize again.

For instance, when Apple launched the iPhone 12, trade-in values for older models like the iPhone 11 dropped by around 20-30%. So, timing your trade-in just before a major announcement can net you a better deal.

In summary, whether you choose to trade in or sell your iPhone 11 depends on what works best for you. With these tips and insights into current market values, you'll be well-equipped to make the most of your old device.

Sources

• BankMyCell depreciation tracker
• UNEP