Xiaomi just made a big announcement in India, introducing a phone upgrade plan, but not in the software sense, but hardware. The Chinese giant has introduced “My Smart Upgrade “, a special program that allows consumers to exchange their old signature mobile for the latest model available at great profit.
This program encourages customers to return their old mobile to the brand, as long as its life span is between three months and fifteen months. This promotion is ideal for those who like to update their phones to the latest models regularly, allowing them to save some money along the way.
This kind of “leasing” is available in India and offers the guarantee that the buyer of a Redmi or Mi phone will receive a fixed and insured buyback price for their phone when the next one goes on sale. You don’t need much more than to return the old mobile.
In this way, for example, you can deliver your old Xiaomi Mi 10 to buy the future Xiaomi Mi 11 for much less than it would cost in any store.
Conditions of the Xiaomi mobile exchange plan
Xiaomi has shared the repurchase values of its mobiles so that you get an idea of how much they are going to give you for your old device depending on the fear that it has on the market
- Devices that are 4-6 months old: the buyback value is 70% of the original price
- Devices that are between 7 and 9 months old: the repurchase value is 60% of the original price
- Devices that are 10-12 months old: the buyback value is 50% of the original price
- Devices that are between 13 and 15 months old: the repurchase value is 40% of the original price
Phones accepted in the program
These are the phones that are part of the brand’s update plans that can be managed at certain Xiaomi authorized points of sale in the Asian country: Redmi 9 Prime, Redmi 9, Redmi Note 9, Redmi Note 9 Pro, Redmi Note 9 Pro Max, Redmi K20 Pro, Xiaomi Mi 10T, Mi 10T Pro and Mi 10.
It is to be imagined that the Redmi and Xiaomi range tops that are launched on the market from now on face the same fate.
Will it arrive?
At the moment there is no news about it but we must not lose sight of the importance of the markets for Xiaomi. India is one of the great bastions of the brand, above China, but Spain is also one of the regions where the manufacturer sells more phones.
Today Samsung is the leading brand in the Spanish market with a 33.5% market share, but it is followed by Xiaomi , who in our territory has grown enormously in recent months to reach a market share of 16 , 8%, being ahead of Apple with 14.2% and Huawei , with the same percentage.
Source>Xiaomi