LG announced that it will exit the smartphone business in July and Apple is incentivizing customers to switch to the iPhone with new additions to its trade-in program.
Apple quietly updated its trade-in page to include four models from LG’s line of smartphones. With LG exiting the smartphone industry, Apple hopes to capture rebranding customers with these offerings.
The following devices have been added to the exchange list:
- LG V60 ThinQ 5G for up to $ 180
- LG V50 ThinQ 5G for up to $ 125
- LG V40 ThinQ for up to $ 65
- LG G8 ThinQ for up to $ 70
Apple also lists several Samsung and Google smartphones with offered exchange values. Apple determines the value of the device once it is examined.
Customers who exchange a device by mail will receive a discount for a specified quantity at the time of purchase based on the declared quality of the device. Once mailed, Apple will decide if the quality of the exchange meets the claimed value.
Any device not listed in Apple exchange website it will not be given a value, but Apple will recycle the device for free. Apple’s trade-in program reduces the cost of upgrading to an iPhone by some margin, incentivizing customers to order devices directly from the company.
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