My understanding is it is two separate processes.
To get more information about the Apple Trade In service click on the link --> Apple Trade In - Apple
- Don't miss the FAQ at the very bottom.
- Start a trade-in by clicking on a device in the section "Select your device to get a trade-in estimate" - Smartphone, Tablet, Computer, Watch, Other devices (recycle only)
- The newest models may not be listed as eligible for trade-in. Contact Apple if you want to double-check. If you cannot simply return the device to Apple within the refund period (not available in all countries), you may need to see if you can sell your device as used.
- Follow the instructions included in your trade-in kit. It explains how to prepare, pack, and ship your device.
- Run your device (even damanged ones) through Apple's estimate calculator to see if it has any value. If Apple declines your device because it needs repair, trade-ins will generally not recoup the costs of repairs. Consider recycling the device as mentioned at the very bottom of the support article.
- -What if I’m not ready to buy something? No problem. We can put the value of your current device on a gift card that you can use anytime. Get an estimate through the trade-in tool and choose the Apple Gift Card option.
How to prepare your iPhone, Apple Watch, or Android for trade-in is outlined in this article
Trade in your iPhone, Apple Watch, or Android device - Apple Support
