If you were planning to trade in your old iPhone for a new one like the iPhone 14 or iPhone 14 Pro, I have some bad news. Apparently, Apple has silently lowered the amount of credit it offers on trade-ins.

This comes after a number of models from the iPhone 13 Pro Max to the iPhone 7 Plus were reduced in price quite significantly in November. This means that there have been two price drops in the four months since the iPhone 14 was launched, which leaves us a bit confused.

Below are the new values found by MacRumors (opens in new tab). Remember that these include the caveat of "maximum," meaning that Apple may offer even less than the numbers below.

We find this move hard to explain, especially since you can't make the argument that the value of these phones has dropped this much since November. (In what world is an iPhone 13 Pro Max worth $80 less than it was two months ago?) Selling the device yourself would probably get you more money, but of course that would be a headache for many.

All of this gets even more confusing when you note that the trade-in value of some Macs has gone up. For example, the maximum trade-in value for a MacBook Pro is $670, whereas before it was up to $630. What exactly is Apple trying to do?

If prices are dropping so quickly, two months after the release of the iPhone 14 and then two months after that, I don't even want to think about what will happen to trade-ins near the release of the iPhone 15. Of course, the iPhone 14 series will join the list by then.

There is still most of 2023 before we will be able to see the iPhone 15, but our guess is that there will be another trade-in adjustment for Apple's next flagship. If the iPhone 15 Ultra rumors are true, Apple should offer as much as possible to convince people to trade in their supposedly top-of-the-line iPhone model, which could be higher than the iPhone 14 Pro Max.