Wednesday, May 18, 2016

Walmart launches smartphone trade-in, but you’ll have to wait until September 21

As everyone waits to lrn what i will announce later today, the urge to trade-in current smart will surge. Hoping to take advantage of that last-minute push is Walmart, adding the world’s largest retailer to the list of firms offering dls on older i and other used smart.There are some differences which could make offers by smaller firms more attractive, starting with kick-off time…Walmart on Tuesdayannouncedit’s trade-in programisn’t available until September 21, a day after the new i aredue to rch store shelves. Walmart’strade-in initiative – available in over 3600 Walmart stores and Sam’s Club loions around the country – could net you anywhere between $50 to up to $300 for an entry-level iPhone 5 in good condition.In addition, you could get $175 for a Galaxy SIII and $52 for a Galaxy S2.By comparison, GameStop will give $390 in in-store credit for the same phone. Gazelle will give you $320 in cash or credit, for instance.Of course, to get the credit customers are required to sign-up for a new two-yr contract with AT&T, Sprint or Verizon at the store. Alternatively, you could also sign up for one of Walmart’s prepaid wireless plans, like Straight Talk which comes with talk, text and data for $45 a month.Notably, the retailer has been offering low prices for some time now on the entry-level 16GBiPhone 5 (just $98) and ’s Galaxy S4 (just $138) with a two-yr contract from AT&T, Verizon Wireless or Sprint.More electronics is available for trade-in at Walmart, includingtablets, players, games, cameras, laptops and more through therecently launched, online-onlyGadgets to Gift Cards offer, seen below.Other trade-in programs will ‘lock-in’ a guaranteed price, avoid the usual drop in value of older iDevices once new products are introduced.Gazelle, for example,has a 50-day windowin which a price is locked-in, allowing an iPhone owner to agree to trade in their older device now and be confident of receiving a high amount nrly two months after new i are unveiled and in the store.As in’s trade-in program, Walmart only offers its version through participating retail loions.There are some bargainsto be hadin trade-ins, but the buyer must beware.Chart top of post via9to5Mac.

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