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Now you can get more money when you trade in your iPhone for a new one

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    • Apple updated its trade-in prices for several old models of the iPhone, including the iPhone 11.
    • For an iPhone 11 Pro Max in good condition, a consumer can get $515, up from $500, MacRumors said.
    • Apple released four new versions of its iPhone 12 last October.

    Apple has upped the ante for consumers who trade in their old iPhones for a new one, MacRumors first reported.

    The maximum trade-in value for a used iPhone 11 Pro Max in good condition is now $515, according to Apple, an increase of $15, MacRumors said. Meanwhile the iPhone 11 Pro increased just $5 to $465, and the iPhone 11 rose $20 to $380, MacRumors said.

    The maximum trade-in value for the iPhone 6s, a more than 5-year-old model, rose $5 to $65.

    To trade-in a phone, consumers must answer questions about the model, condition, and storage on the old phone before getting an estimate and receiving an Apple gift card or cash. Apple last updated its trade-in prices in December, MacRumors said.

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