Gone are the days when Apple would give developers an iMac to return a Developer Transition Kit (DTK). Instead, the company now expects developers to return its latest DTK for a US$200 coupon off an M1 Mac, the cheapest of which retails for US$699.
https://www.notebookcheck.net/Apple-to-offer-developers-a-US-200-in-exchange-for-returning-US-500-Developer-Transition-Kits-cheapest-M1-hardware-starts-at-US-699.518352.0.html