How To Sell An Old iPhone To Make Money For The iPhone 5, by SellMyMobile.com

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Even though the iPhone 5 launch isn’t official yet, a lot of people have started trading in old iPhone’s recently as the prices begin to slide in the run up to the Apple conference on 12th September 2012.

Apple iPhone 4S

Courtesy of Apple

So where are the best places to cash in on an older iPhone model?

This is an important month on the calendar, as it's the month the new iPhone will be released; this means a lot of people will be tempted to sell their old iPhone’s before the prices plummet towards, and after the release.

So where are the best places to cash in on an older iPhone model?

There are a number of places that have been listed below, with the pros and cons:

eBay
Perhaps one of the more popular places to sell a phone, eBay uses an auction styled format whereby people can list a phone and receive bids, pushing up the price of the phone.

For an iPhone 4S 16GB prices are around the £320 mark.

PROS:

  •     Potential to get more money back for a phone
  •     PayPal covered
  •     Familiar site with a lot of trust

CONS:

  •     Takes time to complete a listing
  •     Users may not get as much as they had hoped for
  •     Insertion, Final Value, and PayPal fees can lower the price

Sell My Mobile
The UK’s leading mobile phone recycling price comparison website, who compare all the leading phone buyers in one place, allowing users to see who offers the most.

For an iPhone 4S 16GB prices are around the £310 mark.

PROS:

  •     All prices are fixed sell now prices
  •     There are no fees for selling a phone
  •     Best price guarantee feature
  •     Prices are offered for damaged and broken phones

CONS:

  •     A lot of phone buyers can be unfamiliar to users
  •     Prices can be lower than auction sites
  •     Payment can take time (in some cases)

Amazon
A trusted and well established site that boasts a marketplace that reaches up to 160 million people. Users can list a phone through an advert and wait for it to sell.

For an iPhone 4S 16GB prices are around the £340 mark

PROS:

  •     Users get to set the price that they want to sell a phone for
  •     Amazon give users support all the way through the process
  •     An ad can been seen by millions of people

CONS:

  •     Final value fees can be excessive when a phone sells
  •     Other people may be more competitive on price
  •     Users are not guaranteed a quick sale

Apple
The company that brought you the iPhone, now have a recycle program in which a user can trade back a phone.

For an iPhone 4S 16GB the price tag is set at £250

PROS:

  •     A popular and worldwide known company
  •     Easy steps to recycle a phone
  •     No excessive fees for selling

CONS:

  •     Prices are a lot lower than other recycling websites

These are all ideal ways of selling a phone, but ultimately the decision on where an old iPhone is sold is left to the owner. If they are in a rush and want a fixed price, then SellMyMobile.com can be helpful. If an owner wants to run the risk of trying to get a higher price, and time isn't an issue, then eBay is the answer.

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Craig Timmins

Colin White
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