LG announced it is exiting the smartphone business in July, and Apple is incentivizing customers to switch to iPhone with new additions to its trade-in program.
Trade-in an LG smartphone for credit towards a new iPhone
Apple quietly updated its trade-in page to include four models of LG's smartphone lineup. With LG leaving the smartphone industry, Apple hopes to pick up customers switching from the brand with these offers.
The following devices have been added to the trade-in list:
- LG V60 ThinQ 5G for up to $180
- LG V50 ThinQ 5G for up to $125
- LG V40 ThinQ for up to $65
- LG G8 ThinQ for up to $70
Apple also lists several Samsung and Google smartphones with offered trade-in values. The value of the device is determined by Apple once it is examined.
Customers trading in a device via the mail will receive a discount for an amount determined at purchase based on the claimed quality of the device. Once mailed in, Apple will decide if the quality of the trade-in meets the claimed value.
Any device not listed on Apple's trade-in website will not be given a value, but Apple will recycle the device for free. Apple's trade-in program reduces the cost of upgrading to an iPhone by some margin, which incentivizes customers to order devices directly from the company.
Keep up with everything Apple in the weekly AppleInsider Podcast -- and get a fast news update from AppleInsider Daily. Just say, "Hey, Siri," to your HomePod mini and ask for these podcasts, and our latest HomeKit Insider episode too. If you want an ad-free main AppleInsider Podcast experience, you can support the AppleInsider podcast by subscribing for $5 per month through Apple's Podcasts app, or via Patreon if you prefer any other podcast player.