Industry Data July 24, 2026 7 min read

Q1 2026 Trade-In Trends: $1.63 Billion Returned to Consumers

The latest Q1 2026 trade-in data shows iPhone 13 is still #1, $1.63B returned to consumers, and U.S. trade-in values are the lowest in the world. See what your device is worth.

Every quarter, Assurant — the company that processes trade-ins for major U.S. carriers — publishes data on what Americans are trading in, how old their devices are, and how much value is being returned. Their Q1 2026 report just dropped, and the numbers tell a clear story: people are sitting on money in their pockets.

$1.63B
Returned to Consumers
Up 31% from Q1 2025
3.81 yr
Avg Device Age at Trade-In
Consistent with 2025
$157
Avg iPhone Trade-In Value
vs $89 for Android

The Top 5 Most Traded-In Phones Are All iPhones

For the fifth consecutive quarter, the iPhone 13 is the #1 most traded-in smartphone in America — making up over 27% of all trade-ins. In fact, all five of the top traded-in devices are iPhones. Not a single Samsung, Google Pixel, or other Android device cracked the top 5.

Top 5 Devices Received from Trade-In Programs
U.S. only, Q1 2026 — Source: Assurant
iPhone 13
27.04%
iPhone 14 Pro Max
22.34%
iPhone 14
20.44%
iPhone 13 Pro Max
16.07%
iPhone 14 Pro
14.11%

If you have an iPhone 13, 14, or 14 Pro sitting in a drawer, you're holding one of the most in-demand trade-in devices in the country. These phones still have real value — and you'll get more selling to a local buyer than trading in at a carrier store.

How Old Is Too Old? Not as Old as You Think.

The average phone being traded in is 3.81 years old. That means people are successfully selling 3-4 year old phones for cash every day. If your phone is from 2022 or 2023, it's right in the sweet spot. Even older devices still get offers.

3.68
YEARS
Android Phones
Traded in slightly younger
3.86
YEARS
Apple iPhones
Hold value longer
3.81
YEARS
Combined Average
All smartphones

iPhones tend to be traded in slightly older (3.86 years vs 3.68 for Android) because they hold their value better over time. An iPhone 13 from 2021 is nearly 5 years old and still commands the #1 trade-in spot.

Average Trade-In Values: U.S. vs. the World

Here's something most people don't realize: the U.S. has the lowest average trade-in values in the world. American consumers receive an average of just $89 for Android phones and $157 for iPhones through carrier trade-in programs — significantly less than Germany ($268 for iPhones), Australia ($225), or even Canada ($133).

CountryAndroid AvgiPhone Avg
Germany$188$268
Italy$133$251
Australia / NZ$147$225
Spain$133$211
Asia$133$202
United Kingdom$101$191
United States$89$157

Why so low? Carrier programs offer store credit, not cash — and they set the prices. When you sell to a local buyer through Trade Into Cash, you negotiate directly, get paid in cash, and skip the middleman entirely.

Apple Watch Trade-In Values Are Climbing

It's not just phones. Apple Watches are becoming a major trade-in category, with values ranging from $134 for a Series 10 to $329 for an Ultra 3.

Series 10
$134
Ultra
$161
Series 11
$172
Ultra 2
$221
Ultra 3
$329

If you upgraded to a new Apple Watch and your old one is in a drawer, it's worth real money. Local buyers on Trade Into Cash purchase all Apple Watch models — and you get cash, not store credit.

Carrier Trade-In vs. Selling Locally

Carrier trade-in programs are convenient, but they come with strings. Here's how they compare to selling locally through Trade Into Cash:

Carrier Trade-In

  • Store credit, not cash
  • Must buy a new phone from them
  • Credit spread over 24-36 months
  • Locked into a new contract
  • Prices set by the carrier
  • Wait in line at the store
vs

Sell Locally (Trade Into Cash)

  • Cash in hand, same day
  • No obligation to buy anything
  • Full payment immediately
  • No contracts or commitments
  • Negotiate your own price
  • Meet at your convenience

What This Means for You

If your phone is 3-4 years old, now is the time to sell. The data shows that's exactly when most Americans trade in — and values are at their peak before the next depreciation cycle. Every quarter you wait, your device loses value.

The $1.63 billion returned to consumers in Q1 2026 proves there's massive demand for used devices. But most of that money went through carrier programs as store credit. When you sell locally, you keep the full value as cash.

Here's the bottom line: your old phone, tablet, laptop, or Apple Watch is worth money right now. Don't let it sit in a drawer losing value every month.

Data sourced from Assurant Q1 2026 Mobile Trade-In and Upgrade Industry Trends. Assurant processes trade-ins for major U.S. wireless carriers. All figures are U.S.-only unless otherwise noted.