Apple is celebrating American Heart Month by encouraging owners of older Apple Watch models to upgrade with increased trade-in prices during February. If you've been looking for a reason to upgrade your Apple Watch, February may be the time to do it. Apple Watch trade-in values have increased slightly, with the Apple Watch Series 2 seeing the most significant value increase. The maximum trade-in values for devices in good, working condition are now: Apple Watch Series 1: $40 (up from $35) Apple Watch Series 2: $80 (up from $60) Apple Watch Series 3: $100 (up from $95) Apple Watch Series 4: $160 (up from $150) Apple Watch Series 5: $200 (up from $190) In the event that customers have nonfunctional devices they would like to get rid of, Apple will recycle them for free.