I think trade-in offers were wildly subsidized as part of marketing/sales efforts over the past year or two. Plus there was likely a very strong secondary mark

I think trade-in offers were wildly subsidized as part of marketing/sales efforts over the past year or two. Plus there was likely a very strong secondary market taking everything they could get. I've noticed similar dives in trade-in value from the Google Store as well. Across the board it seems that trade-in offers from the major vendors are about 50% of what they were just 3mo ago. Very small sample size, but it's interesting other people are noticing this as well. I wonder if we're not seeing a similar impact as we are seeing with the used car market bubble popping.