Taking the time to sell your old smartphone on Craigslist, Swappa or eBay can be time-consuming and frustrating, which makes instant-in-and-buy-back programs very popular. eBay is the last to take the fun that they call eBay instant selling.
It works like any other repurchase program, in which you enter some details about your phone and pay you money for your device when you send it to them. However, there are a few reservations with eBay's own program.
You must first list your item, which includes the typical listing process for any other eBay auction list, such as uploading photos and providing some details. It's weird that you "list" the item for sale if you're actually completing a form, but maybe they'll improve that aspect of the experience soon. Afterwards you can click on "Receive coupon". Or at least theoretically you should be able to. Despite the phone that we listed on the list of approved phones (which you can check here), the system did not work for us and only came to a standstill at that point.
Per eBay, the phone must be either unlocked or compatible with Verizon and AT & T. Plus, it can only be a Samsung Galaxy S7 to S9 + and an iPhone 6S 1
Even if you make a note of your phone without hiccups, there is one last limitation: eBay will not give you cash directly for your phone, but instead give you eBay credit that can only be used to buy things on eBay. If you already use a lot of eBay, then this is probably not a big deal, but it is quite problematic if you want the money to buy a brand new phone.
The good news is that it seems eBay is giving you a bit more cash than other trade-in programs. Gazelle, for example, offered me $ 75 for my 64GB iPhone 6s, while eBay says I could get up to $ 127. While it's good, they offer more than other resellers, that's still a lot less than what I could sell for myself, because the model of the iPhone can easily sell for $ 180 or so.
eBay via TechCrunch