Walmart launches a Smarphone trade-in program ahead of the Apple announcement of the new iPhone 5S on Tuesday. Walmart’s Smartphone trade-in is considered the biggest such program offered by a brick and mortar store to date, according to CNN Money on Sept. 10.
Starting Sept. 21, you can take your smartphone to Walmart to get trade-in credit towards a new phone. Walmart has included more than 100 phones that are available for this credit and they will get you anywhere from $50 to $300 off your new phone.
Smartphones today are outdated so frequently, leaving many wanting a new upgrade not long after buying their last phone. Not wanting to spend more money after just picking up last month’s latest model, many are on the fence about buying a new phone. Walmart is counting on this offer to prompt the folks who are on the fence to buy a new phone.
The latest iPhone from Apple has been in the headlines for a month or more now with nothing but rumors and leaks on what it has to offer. Speculation of all the doodads this new iPhone 5S will offer will finally come to a head today when Apple makes their Sept. 10 announcement. It is believed the new iPhone will have a fingerprint reader, better camera and a few other new things that are designed to strike the consumer’s fancy.
Traditionally Apple announces one of their new products 10 days before its release date, so it’s expected the iPhone 5S will follow suit. Walmart’s Sept. 21 start date for the Smartphone trade-in seems to coincide with this assumed date.
CNN Money reports that the trade-in from Walmart doesn't guarantee you'll get the best bang for your buck as other trade-in offers out there may be worth your while to check out:
"A good-condition 16 GB iPhone on the AT&T (T, Fortune 500) network drew a $305 offer from online service Gazelle. Target (TGT, Fortune 500) and its trade-in partner NextWorth offered $315."
The newly launched "Recycling Program" over at Apple for iOS devices is ahead of the rest of the pack right now with their offer of $336 for an iPhone 5, including the power cord.
That's not to say that Walmart isn't keeping ahead of the competition elsewhere when it comes to their phone offerings. The retail giant "deeply slashed its price on the iPhone 5 to $98 with a two-year contract." You can get your hands on the Galaxy S4 retail price for $138.
Will one of these trade-in offers poke you enough to exchange your phone for the latest model?