I'm a big believer in holding on to your tech for as long as possible, but at a certain point, you do need to upgrade. When that time comes, it helps to get some money for your old device to offset the cost of a new one—especially when that new device is from Apple, whose products tend to hold their value well.

If you are thinking of trading in your old Apple product for a new one, there's some good news: Apple just increased its trade-in estimates on a number of devices (while, at the same time, lowering the estimates on others.)

As reported by MacRumors, Apple updated its trade-in values for the latest iPhone, iPad, Mac, and Apple Watch devices on Wednesday. The company lists the values for all of the devices that it accepts for trade-in on its official Apple Trade In website. While you can't trade in every device, the company does accept trade-ins for for products from as far back as 2017. While you won't get too much these days for an iPhone 8 (up to $35) or an Apple Watch SE (up to $30), quite a few old devices are worth more in trade-in value today than they were yesterday.

Apple's new trade-in values

At this time, Apple appears to have mostly changed the values of the latest models of these device categories—and mostly for the better. While Apple doesn't note the price changes itself, MacRumors has compiled all previous values, which I've noted alongside the new estimates here:

• iPhone 16 Pro Max: $695 (was $685)

• iPhone 16 Pro: $560 (was $550)

• iPhone 16 Plus: $465 (was $455)

• iPhone 16: $460 (was $435)

• iPad Pro: $690 (was $670)

• iPad Air: $460 (was $445)

• iPad: $235 (was $220)

• iPad mini: $265 (was $250)

• MacBook Pro: $690 (was $685)

• MacBook Air: $520 (was $485)

• Mac mini: $375 (was $340)

• iMac: $355 (unchanged)

• Apple Watch Ultra 2: $305 (was $295)

• Apple Watch Series 9: $130 (was $120)

• Apple Watch Series 10: $150 (unchanged)

• Apple Watch Ultra: $205 (was $215)

Apple even adjusted the trade-in prices for non-Apple devices, including some Android phones. But it isn't necessarily good news: While Apple offers the same values for the Galaxy S23 ($125) and OnePlus 12 ($200), the Galaxy S23 Ultra is down to $200 from $230, while the Pixel 8 Pro is down $165 from $170.

In addition, Apple lowered the estimated value of Mac Pros, the company's most expensive computer (which it no longer sells). That value is now listed at $2,045, down from $2,090, which sounds like a good chunk of change, until you remember that Apple was selling configurations of the machine that cost as much as $52,000.

These are Apple trade-in estimates, not guarantees

While Apple may indeed offer you $690 for your MacBook Pro, there's no guarantee that it will. These trade-in values are estimates, and, as such, the actual value you're given may vary. Apple notes in the fine print that the values will change depending on the "condition, year, and configuration" of your device. If your iPhone is banged up or cracked, that'll bring the value down; likewise, an M3 Max MacBook Pro will likely fetch a higher price than a M3 MacBook Pro.

You won't really know what Apple is going to offer for your specific device until it tells you, so it's a good idea to do some research on your make and model to learn what other outlets will pay you for it. If Apple's offer still seems reasonable, great: You'll be able to apply the savings instantly to your purchase of a new device. But if it's well below what you think you can get for it on another marketplace, it might be worth the effort to sell it elsewhere.