It is the new iPhone season, which means that it is time for you to decide what to do about your current phone. Most people hold onto their older devices and wait for the price of the new devices to drop a bit. While others swoop in at the very first chance.
No matter what type of buyer you are, you can follow these simple tricks to exchange your old device for a brand new one.
How to sell your old iPhone?
Are you looking for an easy and quick solution? You might consider selling your old device to a buyer-back service. It is not without risk. If the iPhone isn’t in its original condition, or if the iPhone is damaged, you might not receive the full price quoted by the buyer. However, it will minimize the hassle and time it takes to sell the device, especially when compared to selling it on eBay or Craigslist.
There are trade-in options offered by globally acknowledged retailers like Apple or Best Buy. Then there are buy-and-sell marketplaces, like the ones listed below. Be sure to check Flipsy even before you spend a lot of time bouncing through one buy-back store to another to get references.
It will show you the price, lock duration (how long you have to return the phone), and the price based upon the condition of your old device. Flipsy does not go beyond the phone model, storage, and carrier. You may also compare prices at SellCell if you're looking to get the most money for your old iPhone. You can also visit individual marketplaces and find our perfect buyer.
Here is a list of a few notable marketplaces to sell your old iPhone,
Decluttr is the most efficient buy-back website, with its fastest quote generator. Enter the model and brand of your phone and click the button to get an instant quote. You may need to click several times to change the carrier or the condition of the phone. Decluttr's best option, "good", is the best you can choose. It might not be equivalent to "mint or excellent" elsewhere.
With BuybackBoss, it was easy to obtain a quote. There was only one thing that took some time: selecting the condition of your phone. You'd expect to see a "good" option somewhere between "fair" and "mint." Instead, it says "used". They're all in use.
GadgetGone might not be as well-known as Swappa or Gazelle, but it has the highest TrustPilot score among all the services I looked at for selling Apple devices, and it offered me the best cash for my iPhone model.
How do you exchange your old iPhone for a new one?
Do you want to get rid of the middleman? Start by going straight to the source. This could be the manufacturer or a large-box retailer. The largest retailers usually offer good trade-in options for new devices. Take Apple and Best Buy as two of the largest fish in the pond.
Apple's iPhone trade-in scheme is a simple method to save money on a new iPhone, as phone swaps earn Apple Store credit.
Here are some examples of the estimated trade-in values for selected models. All models must be in "good" condition.
- iPhone 8: iPhone 8 Up to $120
- Get up to $220 off the iPhone X.
- iPhone 11: Get up to $390
These rates are reasonable, but it is worth shopping around. Apple's trade-in program doesn't take into account how much storage you have left in your device.
An iPhone X with 64GB of storage will get you the same trade-in price as an iPhone X with 256GB. This is very different from other places.
Best Buy also offers a trade-in program. At press time, a 64GB iPhone 12 would sell for $520. The 256GB model does not increase the value, taking a cue from Apple. Curiously, Best Buy won't accept trades for unlocked iPhones. Only trades from the Big Four carriers are accepted.
Best buy also provides Gift Cards to first-time users. So, if it’s your first time selling devices online. Don’t forget to try out Best Buy.
So in this festive season, if you ever think about getting a new device. Do not forget to visit the above-mentioned marketplaces.
While selling your device take care of a few things:
- Always verify the authenticity of a buyer. Meet them in person or contact them via call.
- Never accept prepayments for devices. This diminishes your chances of getting a better deal in the future.
- Always keep a backup plan. Talk to multiple buyers.
- Always sell your devices on a trusted website.