OnePlus 5 was launched last week and while a bump in price over predecessors was already anticipated, the company officially announced that the two memory variants of its latest flagship will be offered at EUR 449 and EUR 499. It seems like the company knows its user base fairly well and in order to avoid the complications caused due to price sensitivity, it is now offering trade-in offers for the OnePlus 5 (Review) smartphone in Europe. With the OnePlus 5 trade-in offer, users will receive vouchers in exchange for their old smartphone in the next 2-6 weeks, and these vouchers can be used to purchase anything from the OnePlus online store.

How OnePlus 5 trade-in offer works

The open sales for the OnePlus 5 were started from Tuesday, which means that users can now order the device from company's website and get receive shipments without any waiting period. Interestingly, the company has announced that there are trade-in offers available with the purchase of both 6GB RAM/ 64GB storage and 8GB RAM/ 128GB storage models. With these offers, customers will get certain amount of cashback in return of their old smartphone or tablet.

However, it seems like the company is not offering a great value in return of the devices submitted by customers. For example, if you try submitting an iPhone 7 Plus (32GB) that has no scratches, no liquid damage, and basically in mint condition, you would only get a cashback of EUR 250. If the phone has some scratches or scuffs, the value is likely to come down further.

Notably, the trade-in offer on the OnePlus 5 is available only for next 5 months. The offer is currently available in all European countries but not in other regions.

OnePlus 5 specifications

OnePlus 5 was launched last week, and sports a 5.5-inch full-HD display with wide colour gamut. It runs on OxygenOS based on Android 7.1.1 Nougat, is powered by the latest Qualcomm Snapdragon 835 SoC, and comes in two variants: 6GB RAM + 64GB storage, and 8GB RAM + 128GB storage. One of the highlights of the smartphone is the dual rear camera setup, featuring a 16-megapixel main camera and a 20-megapixel telephoto camera. There's a 16-megapixel front camera on board, along with 3300mAh battery with Dash Charge support.