Maxed-out Mac Pro loses 98% of its value with Apple Trade In after costing US$52,199 three years earlier

Maxed-out Mac Pro loses 98% of its value with Apple Trade In after costing US$52,199 three years earlier
The Mac Pro misplaced over 98% of its value, or US$51,229, in precisely three years. (Image supply: Apple/Unsplash – edited)

Apple’s ruthless Trade In service has come below the highlight after a tech journalist found {that a} Mac Pro that value US$52,199 three years earlier was given a present trade-in value of simply US$970. Disconcertingly, the identical Mac Pro was apparently nonetheless accessible by way of the Apple retailer on the equivalent unique worth of US$52,199.

Tech journalist and author for MKBHD, David Imel, has posted an enlightening tweet regarding Apple Trade In. Apparently, a three-year-old Mac Pro that was bought for US$52,199 was given a present trade-in value of US$970 (of Apple Credit). This represents a loss in value of over 98% for the Apple Mac Pro in an area of simply three years, with Imel asking his followers what else might depreciate as a lot as this and at this pace other than cryptocurrency. The author additionally identified that the identical mannequin was nonetheless accessible on the Apple web site for US$52,199.

At the top of 2019, Apple revealed the Mac Pro that could possibly be configured with as much as a 28-core Intel Xeon W processor for an additional US$7,000, whereas consumers with an extra US$25,000 to burn might select to have their 2019 Mac Pro fitted with 1.5 TB of RAM. This SKU, which additionally comes with two Radeon Pro W6900X graphics playing cards and eight TB SSD storage, at the moment prices US$51,799. But in case you throw in US$400 for the wheels, which at this level you could as effectively, then that brings the grand whole to US$52,199. It will not be precisely the identical mannequin as Imel’s, however this Mac Pro configuration was accessible in 2019 and continues to be listed now in 2023.

To rub salt into the wound, Apple advertises a most trade-in value of as much as US$1,250 for the Mac Pro, so the US$970 provided right here isn’t even the very best quantity theoretically accessible – after all, it’s doable to pay virtually US$55,000 for a Mac Pro with all the pieces included. As Imel pointedly quips, the three-year-old Mac Pro wouldn’t even obtain sufficient credit score to purchase the most affordable iPhone 14 Pro (US$999 with 128 GB storage and a complete 6 GB of RAM). As a form of remaining insult, a fast look on Apple’s licensed refurbished web site reveals listings for numerous Mac Pros, with fashions sporting 1.5 TB of reminiscence marketed at costs of US$37,479 to US$39,239.

Buy an unlocked and renewed iPhone 13 Pro on Amazon

Just tried pricing out our $52,199 Mac Pro’s on the workplace for commerce in, which you’ll be able to nonetheless purchase from Apple, $52,199.

What else has dropped 50x in value in 3 years.. moreover crypto? pic.twitter.com/pRESBQBoT4

— David ImeI (@DurvidImel) January 17, 2023

Daniel R Deakin, 2023-01-18 (Update: 2023-01-18)

…. to be continued
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