We are still gathering details about the Best Buy “Buy Back” program, but BoyGeniusReport has provided some insight about what to expect. Consumers can participate in the Buy Back program by paying $59.99 at the time of buying a phone. Then between 1 and 6 months of owning the phone, you can trade in the device back to Best Buy for 50% of the phone’s full retail value.
Between 6 and 12 months, you will get 40% of its original value. Between 12 and 18 months, you will get 40% of its original value. And between months 19 and 25, you will get 20%. The best part is that this deal is beyond just mobile devices. It will also include other consumer electronics.