Apple's Trade-In Bumps Feed Its New Upgrade Leasing Program, Not Just Sticker Shock Relief

Apple raised trade-in values across iPhones, iPads, Macs, and Watches on August 6, 2026 — its third adjustment in three months. The increases align with Apple's "Upgrade" leasing program launched in July: higher trade-in credits reduce monthly lease payments while Apple preserves retail prices. The Mac Studio saw the largest bump at $260; most devices rose $5–$20.