Next week's Apple event heralds the announcement of a brand new iPhone — and if you're thinking about getting one, now's the time to sell your old iPhone. Prices are the highest they'll be, and they'll drop dramatically after the latest iPhone is unveiled and everyone tries to get rid of their old phone.
Tech buy-back site Decluttr reports that you can get as much as 25% more for smartphones — whether iPhone or Android — if you sell them before the latest phones are announced. Some sales sites will lock in a price quote and give you time to send in your item, which means anyone dead-set on getting a new iPhone can sell their phone now and wait to ship it in, getting a good price without being left without a phone.
Here's what Decluttr, Amazon, Usell and Ebay Valet are currently offering for phones, so you have an idea of what yours is worth. Decluttr pays by check or Paypal and locks in your price quote for 14 days. Amazon offers another easy way to sell your phone at decent prices — and though the company only pays in Amazon gift cards, it offers a 28-day price quote lock. Gazelle pays by check, PayPal or Amazon gift card, and the offer is good for 30 days. Glyde lets you sell your item for whatever price you'd like, but gives you guidance as to what you should sell your item for. Sales on Glyde are paid by direct deposit to your bank, Bitcoin or paper check. With Usell, you can be paid by PayPal or check and the buyer will issue payment within 5 business days of receiving the device. With Ebay Valet, you're paid via PayPal within 2 days of the sale of the item (items are on sale for up to 60 days). If you list your phone yourself on Ebay, you're encouraged to use PayPal, but you can also accept credit cards or have the buyer pay you when they pick up the phone.
|Model*||Trade-in value at Decluttr||Trade-in value on Amazon||Trade-in value on Gazelle||Trade-in value on Glyde**||Trade-in value on USell||Sell with Ebay Valet||Personal sale on Ebay***|
|iPhone 7 Plus||Up to $455||Up to $365||Up to $420||Up to $423||Up to $422||Up to $375||Up to $671|
|iPhone 7||Up to $451||Up to $340||Up to $375||Up to $387||Up to $344||Up to $435||Up to $608|
|iPhone 6s Plus||Up to $288||Up to $265||Up to $280||Up to $258||Up to $288||N/A||Up to $474|
|iPhone 6s||Up to $287||Up to $235||Up to $255||Up to $249||Up to $287||N/A||Up to $401|
|iPhone 6 Plus||Up to $207||Up to $195||Up to $205||Up to $181||Up to $238||N/A||Up to $350|
|iPhone 6||Up to $174||Up to $155||Up to $160||Up to $144||Up to $164||N/A||Up to $305|
|iPhone 5s||Up to $85||Up to $75||Up to $85||Up to $78||Up to $127||N/A||Up to $155|
|Galaxy Note 5||Up to $140||Up to $130||Up to $140||Up to $184||Up to $132||N/A||Up to $227|
|Galaxy S7 Edge||Up to $192||Up to $175||Up to $190||Up to $223||Up to $247||N/A||Up to $305|
|Galaxy Note 4||Up to $92||Up to $70||Up to $80||Up to $86||Up to $80||Up to $90||Up to $137|
|Galaxy S6 Edge||Up to $126||Up to $95||Up to $135||Up to $162||Up to $99||N/A||Up to $269|
|Galaxy S6||Up to $115||Up to $120||Up to $130||Up to $133||Up to $88||N/A||Up to $186|
Prices as of 9/8/2017. Best sales values highlighted in green. Doesn't include Ebay personal sales.
*All prices based on unlocked phones at highest capacity, no personalization and all accessories, except for Glyde
**You set your own price. Prices here reflect market price for highest capacity phones on AT&T.
***If it sells for less than the price quoted, Ebay will give you an eBay coupon that covers the difference, plus a $20.00 gift card
Wherever you decide to sell, do it soon. The next iPhone will be announced on September 12, and you'll lose a lot of cash if you wait that long.
[Image credit: iPhone via BigStockPhoto]