updated 01:11 pm EDT, Thu June 20, 2013
First trade-in day retailer's most successful ever
On Friday, the US branch of Best Buy will be launching another promotion in which shoppers can get a "free" iPhone 5. People who bring in an iPhone 4 or 4S in good condition can get at least $150 in credit, which is enough to cover most of the cost of a 16GB iPhone 5 with Best Buy's current $50 instant rebate. Should a used iPhone be worth more than $150, Best Buy says it will make up the difference with a gift card.
iPhone 5 buyers must be eligible for an upgrade or a new account, and cover extra costs like taxes and carrier fees. Only AT&T, Sprint, and Verizon models are available, excluding carriers accessible elsewhere, like T-Mobile or Cricket.
Best Buy's original iPhone trade-in promotion lasted just a single day. The retailer says it was the biggest ever for its trade-in program however, and is planning to keep the new one going for nine days.