It's only two datapoints, so perhaps not interesting. I've noticed the Google Store is now doing this as well - almost overnight trade-in values have tanked.

It's only two datapoints, so perhaps not interesting. I've noticed the Google Store is now doing this as well - almost overnight trade-in values have tanked. I traded in my son's cracked screen Pixel 3 XL 64GB in December for a new Pixel 7. I received a $271 refund, which was $6 higher than their on-line estimate. I was puzzled then. I was even more puzzled now when I needed a new phone and had a perfectly good condition Pixel 6 Pro that I was offered $122 on a few days ago. I opted to sell it instead. Either manufacturers/carriers were juicing trade-in offers for sales, or some bottom has dropped out of some market. I've always assumed some third party like Assurant or whomever are the ones actually purchasing these phones to refurbish and sell onward.