https://wccftech.com/apple-iphone-trade-in-values-reduced-iphone-12-launch-near/

With the iPhone 12 launch just around the corner, it appears that Apple cleverly wants you to wait for the new lineup because the company has reduced the trade-in values of existing iPhone models. What that means is that you will now get less funds for giving your older model if and when you want to upgrade.

The puzzling thing about this news is that the newer iPhone models have had their trade-in values reduced, while the values of some of the older versions remain the same. For example, a drop of $30-$50 has been spotted on recent models by MacRumors, while older models saw a drop of $5-$20. Given below are the new trade-in values for those looking to upgrade right now.