Apple trade-in
Discussion
Ah sorry, I focussed on the transfer part of the question. In your case they’ll give you a gift card to use against the new purchase. In reality, you’ll generally get much more for your old product on the second hand market so it’s probably better to just buy the new one and set it up from iCloud then as long as you’ve done a backup to iCloud of the old one recently you can sell that anytime both before the new one comes or after.
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