Withit's time to think about your upgrade plans. No doubt you want one of the newer models – but you've probably already paid a pretty cent for one of the old ones.
So what is the solution? Sell your current iPhone to subsidize the new one. Here's the best place to sell iPhone devices as profitably as possible.
Disclaimer: CNET may receive part of the proceeds from the sale of the products featured on this page.
Get it Right Now
When you sell iPhones, the closer we get to new iPhone pre-orders, the less worth your previous iPhone model. According to General Manager of Gazelle, Yanyan Ji, the value of the latest iPhone model will drop by up to $ 100 after the release of the new iPhone, and the previous iPhone model can drop by between 10 and 20 percent.
MusicMagpie, According to a UK-based Tech Trade-In site (operating as Decluttr in the US), iPhones will lose as much as 25 percent of their value immediately after the announcement of new models, even though Apple phones are the lowest value of all brands respectively .
If you have mobile security devices or can borrow one, sell your phone right away. If this is not possible, you may have a grace period of up to 30 days on some websites (including Gazelle) before you submit your smartphone.
Whether you sell your iPhone yourself or swap it to a third-party vendor,to make sure your data is safe:  Back up : Back up any important data-including contacts, photos, videos, and apps-using the Apple iCloud service or a third-party cloud storage service.
You get the most money for your phone when it's in top shape, but you can still do it well when it's in a "good" condition: no cracks in the screen, no big dents or scratches in the screen Housing, no water damage and everything works fine (the phone turns on, holds a charge and so on).
What if your iPhone is damaged?
If your phone is damaged, you can probably still get something for it, even if it does not turn on. It's not worth repairing a cracked screen before you sell it, but if your screen is only slightly damaged – for example, a small hairline crack in the corner – you may want to sell it instead of trading it. A person may be willing to overlook superficial screen damage at a good price.
Option 1: Sell It Yourself.
When you sell iPhones yourself, you usually make the most profit, but this is not without its risks.
but you get cash for your device. The biggest challenge is not finding customers, but getting them to show themselves. Be ready for flakes.
If you choose Craigslist or another personal option, you should meet your buyer in a well lit public place (many police departments). For a smooth transaction, make the agreement before the meeting clear – your customer should know in advance the price, the condition of the phone and its mobile service provider.
If you do not mind investing a bit of work – listing, shipping and paying a low sales charge – eBay is a better place to sell than Craigslist if you have a used iPhone for sale. Since eBay offers buyer protection for its buyers, it is more convenient for people to shop with strangers.
The disadvantage? Fees. eBay calculates a sales charge for products sold through its website: 10 percent of the retail price. If you accept PayPal as a form of payment, a fee of 2.9 percent (4 percent on international sales) of the final value will be charged.
To set prices for your device, search eBay for your model and review the "sold" offers. At the time of this writing, these are the standard prices for various used iPhones on eBay:
The main drawback to selling your iPhone on eBay is the potential risk that buyers will feel remorse. eBay offers protection to both the seller and the buyer, but tends to join the buyer in the event of a dispute. Scammers know how to use this. You can minimize your risk by documenting everything and by shipping your device via a traceable shipping service with proof of delivery.
Option 2: Use a service.
Trading your device for cash, credit or gift cards is common This is the least viable option. However, they are not responsible for any problems with the device when it is out of your hands and you ship it. (If your iPhone is in poor condition, some companies still take over the device – even if it does not turn on at all.) Trading your iPhone instead of selling the device is a great option if you're willing to do a little Win for a quick and easy process of giving up comfort and peace of mind.
There are traditional trade-in options like Apple and Best Buy. There are also buy / sell markets such as Decluttr, Gazelle, Glyde, NextWorth and Swappa.
Do not want to spend time jumping from shop to shop to get an offer? Go to Flipsy where the trade-in values of around 20 buybacks are compared. It shows you the payment methods, the duration of the price block (you have time until you have to return the phone) and the price depending on the condition. (Since every repurchase program and every business is little different in terms of "conditional definitions", Flipsy does not go beyond telephone models, mobile operators and storage.)
For reference only, here are some examples of the trade-ins Apple, Best Buy and Gazelle :
Apple Trade-In Program
Apple's Trade-in Program does not have any offers for the iPhone 8 or iPhone X online. However, if you have an older model, this swap program is a potentially easy way to transition to a new model by deducting your Apple Store credit.
Apple's estimated conversion rates (which vary by model and state) for the conversion program are as follows:
Best Buy Trade In
In the past, Best Buy offered some of the better exchange rates -in prices for cell phones and tablets but it is important to note that the Best Buy Exchanges program will pay your device money into Best Buy gift cards. That's fine if you're a Best Buy fan or plan to buy your next iPhone there, but it's not an ideal exchange program if you want to buy your iPhone or other device elsewhere.
Best Buy's trading values are based on wearer, color, capacity and condition. Some examples:
- iPhone 8 (64 GB) at AT & T, silver, good condition: 285 USD
- iPhone 7 Plus (128 GB) at Sprint, gold, good condition: 290 USD
- iPhone 6s (64 GB), unlocked, space gray, good condition: $ 0 (yep – Best Buy does not give you a dime for this model)
Gazelle is a third-party repurchase company that offers direct cash (over Check or PayPal (there's also an Amazon gift card option) for your device, even scratched / broken iPhones may be worth something, an iPhone 7 with obvious scratches and cracks may be worth up to $ 90.
The program by Gazelle usually offers less for phones with mobile service providers.Some examples of the current trade-in prices:
- iPhone 8 (64GB), Unlocked, Immaculate Condition: $ 350
- iPhone 7 Plus (256GB), Unlocked, immaculate condition: $ 330  Have you ever sold or traded? an iPhone? If so, what process or program did you use and what was the experience? Was it easy?
First published on August 22, 2016.
Updated on August 13, 2019