Xiaomi Mi Exchange now available from Mi.com: Here's how it works

Mi India intros Mi Exchange Give your old phone in exchange for a brand new one

Then select your smartphone from the list of supported devices offered by the company.

You can now exchange your old smartphones and get an exchange value that can be used to buy a new Xiaomi smartphone at lower price. At that time, the Program was only available at offline on Mi Home stores. The customers can then use this coupon to buy a new Xiaomi smartphone from Mi.com. Note that the company won't issue a refund or cashback if the exchange coupon value is greater than the product being bought.

Xiaomi will offer the best exchange value in terms of coupons for your device on the basis of device's condition and current market price. After evaluating the device and deciding the exchange value of the old device, the potential buyer first will need to accept the value offered by the company. Finally, you will have to hand over your old handset at the time of delivery of the new Xiaomi smartphone.

More news: Hong Kong's richest, Li Ka-shing, retires at 89

The list of the phones is noteworthy here that includes Samsung, Sony, HTC, Motorola, Micromax, Gionee, Oppo, Asus, Lenovo, OnePlus, Huawei, Vivo, Letv, and Google Pixel. You will receive the exchange coupon immediately after you select the button directly to your account. Buyers can of course exchange their old Xiaomi phone will a new one. It is only then that you can exchange the device. The exchange offer is particularly interesting at a time when Xaiomi has already made available its most famous smartpohnes on the online platforms Flipkart as well as on Amazon, namely Xiaomi Redmi Note 5 and Redmi 5. Xiaomi has put a disclaimer that "there should be no screen, body dents, cracks or irregularities", which means the device has to be in a good condition to be eligible for exchange.

You can also evaluate your phone to know how much you will get under the scheme.

After receiving the exchange value on Mi account, the buyer will now be able to use the coupon to purchase a new Xiaomi handset.

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