Tuesday, September 26, 2017

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Free Advice: Where to Sell Your Old iPhone for $307




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The iPhone 5 is being announced today.  So where should you start looking to sell your iPhones? You could try selling them on eBay or by placing an ad on Craigslist. But for some people hosting an auction or answering e-mails from Craigslist are hassles they’d like to avoid.    But why not check out one of the Web sites dedicated to buying your used gadgets? We checked some of these Web sites this week to get an idea of what the going rate is for both the 16GB iPhone 3GS and the 16GB iPhone 4. Our comparisons assume that your phones are all still working and in good condition (only a few minor scratches here and there, but no major scratches and no cracked screens).

Look below to see how much the pricing varies on these devices, as of Monday afternoon. (Keep in mind these prices were gathered the day before Apple was expected to announce its latest iPhone. So prices may change after the announcement of the new iPhone.)

 

Where to get top dollar for iPhone trade-ins iPhone 3GS 16GB iPhone 4 16GB (AT&T) iPhone 4 16GB (Verizon) Website
Cash for iPhones $206 $246 $213 http://cashforiphones.com/indexs.php
eBay Cash-in $177 $307 $280 http://instantsale.ebay.com/
Gazelle $126 $191 $154 http://www.gazelle.com/
iSell My iPhone* $135 $205 $205 http://www.isellmyiphone.com/
NextWorth $135 $250 $165 http://nextworth.com
Sell Your Cell $160 $235 $230 http://sellyourcell.com/
Totem $114 $234 $211 http://www.hellototem.com/

 

There is a huge difference in resale value for an iPhone 4 from AT&T versus one from Verizon Wireless. This is interesting, since the phones are exactly the same, except for the network technology that they use. Verizon’s version operates on its 3G CDMA network, while AT&T’s version operates on a 3G GSM network.  The difference in how much a user can get selling a used Verizon iPhone 4 and an AT&T iPhone 4 is about $150 when you compare all the sites I surveyed. The most you could get for the iPhone 4 from AT&T is $307 with eBay’s Cash-in program. But Gazelle, which will offer you $191 for the AT&T iPhone 4, will only give Verizon iPhone 4 owners $154, about half of what eBay will pay for an AT&T version of the iPhone 4.

The biggest difference between prices offered for the AT&T version and the Verizon version came from Nextworth. It will pay $250 for the AT&T version of the iPhone 4, but it will offer only $165 for the Verizon version, due in large part to the fact that Verizon’s model does not have a SIM card and is not a “world phone.” This means it can only be used on Verizon’s network. Meanwhile, the AT&T version is supposedly locked to AT&T, but because it’s a GSM phone it has a SIM card. And it can be unlocked so that it can be used on other GSM networks around the world, including T-Mobile in the U.S. and almost any carrier network in Europe.

So what should you do? If you’re serious about selling either your iPhone 3GS or your husband’s iPhone 4, I’d suggest that you check out these Web sites and any others that you come across and compare prices. The price each site is willing to pay tends to vary, which makes it difficult to recommend just one. So take a look at as many as you can. And keep in mind that most buy-back programs operate in a similar fashion, which means they won’t pay you until they have received and tested your device to make sure it works as you’ve advertised.

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