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The Best Time to Sell Your iPhone

by on September 08, 2017
in Phones and Mobile, News, Blog :: 0 comments

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]



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