BGR got the inside scoop on Best Buy’s new trade-in program called Buy Back. Best Buy will offer their Buy Back as a monthly plan of $59.99 to gain access to the plan. The plan will give users the option to trade-in smartphones within 1 to 6 months for 50% of the full retail pricing in the form of a Best Buy gift card. If its within 6 to 12 months, the buy back is 40%, 12 to 18 months will be 30%, and anything up to 25 months will be 20% (Sounds like a university’s tuition refund policy). The plan will also work with other consumer electronics other than smartphones as well. For the consumer who has the funds and the needs to stay with the newest in consumer technology, you may wanna invest in the Buy Back.
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