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ATT is offering $1,000 trade in for Iphone 12 - 15, an amazing deal for those with slightly older iphones. Obviously it pays off over 36 months, but I don't see myself switching anytime soon so it works out. I think the others have similar deals too.

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imho these high trade in offers are basically carrier-subsidized phones in new clothes: in exchange of a discount, you agree to stick with the carrier and phone for the next 3 years. And the discount may not be that great! You can get plenty of money if you sell the phone yourself.

It seems too good to be true. Surely they are offering up to $1,000 trade-in for iPhones beginning with the iPhone 12, right?

Correct, up to, which translates to about $200 for your iPhone 12.

Nope, the 12 gets the full $1k. Go check yourself.

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