Apple Takes Flak For Its $50,000 Mac Pro’s Trade-In Value
Apple has found itself on the receiving end of criticism relating to the trade-in value of some of its Macs following the release of its newer Mac mini and MacBook Pro models yesterday.
Apple announce an upgraded Mac mini with M2 and M2 Pro chips inside alongside a refreshed 14 and 16-inch MacBook Pro powered by M2 Pro and M2 Max chips. But some people have noticed that trade-in prices have plummeted at the same time.
One prime example of that is that someone trading in a Mac Pro that cost more than $50,000 will now receive less than the price of an iPhone 14 Pro if doing so today. That Mac Pro has now losses the vast majority of its value and is only worth $970, Apple says.
Other examples include a 16-inch M1 Max MacBook Pro with upgraded 4TB SSD that is now worth just $540 according to Apple’s trade-in values.
Trading in some products has long been an expensive way of buying new ones when doing so via Apple. However, sometimes Apple’s trade-in options can be a good way to get a new device — trading in a year-old iPhone can often be a good way to upgrade to a new one, depending on the condition and configuration.
Fun fact: If you plug in a 4 year old $50,000+ Mac Pro into Apple's trade-in site, you don't even get enough credit to buy an iPhone 14 Pro https://t.co/CzPzoymWAa
However, it’s increasingly clear that upgrading to one of the new Macs while trading in an old one is perhaps not the way to go. Instead, selling older Macs via eBay or other mechanism is likely to yield much better results.