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You can get a new iPhone 16 by trading in your older iPhone: Details

With all four variants of the Apple iPhone 16 series on sale right now, the Cupertino, California-based tech giant offers a trade-in program where you can trade your old iPhone in to reduce the cost of buying the new one.
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You can trade in the iPhone 12, iPhone 13, iPhone 14, or iPhone 15 to get a new iPhone 16.
Apple’s Trade-In program allows users of older iPhones to trade in their devices and get store credits towards purchasing a new one.
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You can trade in your old device online or at an Apple store.
You can only get a store credit for buying a new iPhone for trading in your old iPhone. You cannot get cash on it simply.
The trade-in offer value also depends on the condition of the device being traded in, with the values mentioned above being the highest value you can possibly get.
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