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Apple products and iPhones in particular are known to retain great market value even in second hand markets. Apple now offers a way for Canadian users to trade in older iPhones for up to $275 off a new iPhone purchase.
"iPhones hold great value. So, Apple Retail Stores in Canada arelaunching a new program to assist customers who wish to bring in their previous-generation iPhone for reuse or recycling," said an Apple spokesperson. "In addition to helping support the environment, customers will be able to receive a credit for their returned phone that they can use toward the purchase of a new iPhone.”