Still holding on to a really old smartphone? As long as it’s working, Best Buy will exchange it for an iPhone 5 over the next few days. That’s not a bad deal.

Palm Pre
photo: Palm

Don’t know what to do with your old Palm Pre? If you were thinking about getting an iPhone you can bring it to Best Buy this weekend, where it’ll take your old smartphone and give you an iPhone 5 in exchange. From now through September 16, Best Buy is offering customers a guaranteed minimum $100 trade-in credit for any working smartphone as long as you switch to the iPhone 5 on AT&T, Sprint or Verizon with a two-year activation. Provided you don’t want the iPhone 5c or 5s instead, that isn’t a bad deal.

When Apple introduced the iPhone 5s and the iPhone 5c on Tuesday, it announced that the iPhone 5c would replace the iPhone 5. Both phones are virtually identical, aside from the colorful new plastic build quality of the iPhone 5c and its slightly extended battery life. The iPhone 5c will also start at $99 on a two-year contract. So if you’re looking for iPhone 5c power in a more staid design, the iPhone 5 is the phone to get.

But you need to hurry. Not just because Best Buy’s promotion ends on Monday, but because the iPhone 5c has already gone on pre-sale. Come next week it’ll be on store shelves and the iPhone 5 will be history.

This promotion makes sense for Best Buy, allowing it to clear as many remaining iPhone 5 handsets out of inventory as it can before the phone disappears into the digital ether. But it also makes sense for customers holding on to very old smartphones. That Palm Pre, for instance, isn’t going to get you much money anywhere else. (I just checked, and Amazon is graciously offering up to a $0.75 gift card for it.) And if your old phone is worth more than $100, Best Buy will give you the difference in the form of a gift card.

Best Buy didn’t rank high when I surveyed the best places to sell your old iPhone a couple of weeks ago, and you probably don’t want to try an old iPhone in there now, either. But if you’ve still got an original Motorola Droid burning a hole in your pocket, this new deal is worth a look.

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  1. Ryan St. Andrie Friday, September 13, 2013

    The details on Best Buy’s page state that the phone must have a value. They do not list the Pre as having a value

  2. Do you know if you have to be currently eligible for an upgrade, or can you just renew your existing contract to a new, fresh 2 year agreement?

  3. You can actually renew your contract and trade in phones with any value. My husband exchanged an old Samsung Charge and a 3 year old LG Android. Now we got 2 our kids iPhone 5.

    1. Hey racquel, did your upgrade date change on your kids phone? I know you said your contract got renewed, but I wonder if this updates your “upgrade date”. Also were your kid’s line already under contract before you got this deal?

    2. That is awesome :)

  4. I actually think it’s a nice deal to upgrade my girlfriend’s slow android phone.

    Some more nice deals here:


  5. how many days to come india so many r waiting…………nd wat the price?????????

  6. There is nothing free here

  7. Interesting. Just went to Best buy today and was told this offer isn’t happening right now.

  8. Basically the smartphone being traded in must be 2009 or later and connect to an “app” store, according to my local Best Buy. None of this is in their fine print, except under “phone must have value”. Also, it’s a very long (1 hour) and time wasting effort to have them determine this.

  9. i have an htc will yall trade it for an i phone 5

  10. I just traded in my 3 and a half year old iPhone 4 for a brand new iPhone 5 AND got a gift card with $32 on it. It’s a great deal if you don’t mind not having the latest Apple product or you’re a little low on funds. I love my new iPhone 5!

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