iPhone 12 return

About a week ago I ordered an iPhone 12 in Product red. I've watched a few videos on YouTube and in those videos the phone didn't seem so red as in the pictures. It looked a little bit orange/pink and thats definitely not what i want. I'm afraid I maybe won't like the color and in that case, I'd like to return it and buy a different one. My question is: Can I still return my iPhone after I've taken it out of the box?

(I chose my current iPhone as a topic because there wasn't an iPhone 12 in the list of "choosables"