Yes, with Amazon's trade-in program, you can trade your old Kindle in for a gift card and discount to use toward a new one.  The amount you'll receive for your trade-in will depend on how old your Kindle is, and it will be applied to your account as an Amazon gift card. A separate credit for 20% off a new Kindle will also be added to your Kindle account, regardless of how old or broken your Kindle is, and you can apply that to Prime Day discounts. Most Kindle and Paperwhite models are worth between $5 and $25 in Amazon trade-in credit, while the latest Kindle Oasis can be traded for $75.