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this post was submitted on 18 Nov 2023
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I’ll trade when the money is right. iPhone 12 Pro-13 ProMax cost me $60. Yes it was a year old, but for a fresh battery and better tele lens it was worth it. This year I upgraded to a 15 Pro. I get nothing but a new battery and a C charging port (faster processor means little to me), but it cost me only $95 net - less than a battery replacement. For all the limitation of the Apple ecosystem and over-priced hardware, it gets exceptionally favorable trade-in pricing.
Iirc, iPhones reset / overwrite the encryption key so it would take substantial effort for someone to see how many steps I take in a day or to find my vacation photos. It’s probably easier to steal info from my iCloud backup at Apple.
Your trade-in doesn't count because you paid $60 to get essentially the same exact phone.
Mine was a trade up from std pro to max, plus a longer tele (and maybe 1/3 of a battery). DD went from the 12 to the 13 for $28 on the same trade promo.
Even ignoring the battery value, from a residual value basis a years’ newer phone is worth about $50-75 even on the 3rd or 4th year out, so the bare resale value for both was a wash or better. If I’m getting upgraded for almost nothing out-of-pocket, long term, I’m going to take it.