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How Trade-In Programs Work

Most major carriers and retailers offer trade-in programs, each with its own set of rules and benefits. Typically, the process involves evaluating the condition of your current phone, determining its trade-in value, and applying that value as a discount on your new purchase. For example, Apple and Samsung often provide generous trade-in values for their devices, sometimes offering up to $500 or more depending on the model and condition12.

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