iPhone 16
Trade-In Value

Name: AppleiPhone 16
Brand: Apple

Here’s a look at what an iPhone 16 in good condition with base storage is worth right now.

iPhone 16 Trade-In Value

Here’s a look at what an iPhone 16 in good condition with base storage is worth right now.

iPhone 16
Market Value

No Promo:

366

This is the average cash value if you trade  in your phone without buying a new one. This value is typically provided in the form  of a gift card or bill credit depending on  the carrier.

iPhone 16 Trade-in Value with Carrier Promo

Minimum to max range:

338

1200

This is the range you can get for your iPhone 16 when you trade it in for an Apple iPhone 16 Pro Max based on current promotions.

Get Matched to Best Deal

Find best deals for other phones

Trading in your phone isn’t just about the cash value. Carriers often give bigger credits when you upgrade to certain phones or plans. Just answer a few quick questions and we’ll show you the best deals based on the phone you’ve got, the one you want, and the kind of plan you’re looking for.

About the iPhone 16

The iPhone 16 (along with the iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max) was released in 2024 to much fanfare, thanks to the many design and technology enhancements built into its tidy frame. Highlights include improvements in battery performance, AI-powered photography, and on-device AI processing. This is all made possible by the A18 chip powering the iPhone 16, offering seamlessly fast and smooth performance at every turn.

Why you should trade in your iPhone 16

If you’re someone who needs the latest and greatest smartphone tech, you may be eyeing one of the soon-released devices, whether it be the iPhone 17 or the Samsung Galaxy S26. Given how new the iPhone 16 is, you’re likely to get a lot for your phone (assuming it’s paid off), should you decide to trade it in for one of these newer handsets. Verizon, AT&T, and T-Mobile—and a multitude of prepaid carriers—will pay top dollar for your iPhone 16. Translation? The time is right to trade in your iPhone 16 for something even newer.

The Difference between the Market Value and the Promotional Value

	Market Based Trade-In	Carrier Trade-in Promo
PAYOUT TYPE	Cash, PayPal or Store Credit	Monthly bill credits or account credit
CONDITIONS	Based on phone’s fair market value	Must buy a new phone or switch plans
TYPICAL VALUE	Lower (e.g. $100-300 for older models)	Higher (e.g. up to $1000, with strings)
FLEXIBILITY	No obligation to switch or upgrade	Must commit to contract or installment
TRANSPARENCY	Straightforward cash deal	Promotional value applied over 24-36 mos.

Trade-In Process for Popular Devices

Trading in your phone for a new one is as easy as one-two-three. Whether you’re trading in an Apple iPhone, Samsung Galaxy, Google Pixel, or another kind of Android device, rest assured that there’s a trade-in program for you.

1. Calculate Your Phone’s Value

Calculating your phone’s value will help you determine its eligibility for various trade-in offers. Navi’s trade-in value calculator on this page can give you a ballpark of what your phone is worth to get started. Ultimately, you’ll also need to assess your device condition and have your IMEI number on hand, as all of these factors impact the value of your trade-in credit.

2. Choose an Offer

Once you’ve gotten a ballpark estimate of your phone’s trade-in value, the fun part begins: choosing the trade-in promotion that suits you best. Most phone trade-in deals provide bill credits spread out over 24 or 36 months. These credits are applied to your monthly bill, lowering the cost of a new phone over the installment period.

3. Prepare Your Device

Now that you’ve calculated your phone’s value and chosen a trade-in offer, it’s time to prepare your device. First, you’ll want to perform a factory reset of your phone. Next—assuming you’re mailing your device in as opposed to doing an in-store drop-off—you’ll need to prepare your phone for shipment. Print the shipping label, box your phone up, and send it off. You’ll have your new phone in no time.

Trade-In Requirements

In order to trade-in your phone for a new device, it has to meet certain requirements. These tend to be the same regardless of which carrier, third-party reseller, or retailer you go with. They include:

Ownership

You must own your phone outright in order to get the max trade-on value for it.

Functional Condition

While requirements can vary, generally speaking your phone should power on and hold a charge, have a crack-free, functioning screen, and be free of water damage.

Factory Reset

Make sure to erase your personal data and reset your phone to factory settings before trading it in.

Physical Condition

While many programs accept phones with slight cosmetic wear, just be aware that it may reduce its trade-in value. Major physical damage (cracked screen, missing buttons, bent chassis) may disqualify it or lower the offer.

Model Eligibility

The device you plan on trading in must be a model that the trade-in program accepts. Older models may not qualify.

While trade-in offers generally require the above, carriers occasionally run Any Phone, Any Condition promotions which waive many of the aforementioned requirements.

How to Find Your IMEI

In order to trade in your device, you’ll need to provide its IMEI number. There are a few ways to do this.

Dial *#06# on  your phone

The IMEI number will be displayed on screen.

Access the Settings menu on your phone

Pull out the SIM card tray

The IMEI code may be printed on the tray.

Look at your phone’s box

The IMEI number should be on a sticker attached to it.

Frequently Asked Questions

Is it worth trading in an iPhone 16 already?

Yes, trading in your iPhone 16 while it is still new can secure a high trade-in value if you plan to upgrade or switch carriers. Waiting may lead to a gradual decrease in its value.

Can I trade in my iPhone 16 if it has a cracked screen?

You can, but the trade-in value will be reduced if the screen is cracked. Devices in excellent condition will get the highest offers.

Should I trade in my iPhone 16 or keep it?