Reselling iPhone 5s on eBay on launch day
Does anyone remember/have any articles about how much iPhone 4s were selling for last year during the post-launch eBay rush?
I am thinking of buying 5 or 6 of them unlocked (bringing friends in case of limits), and I want to sell them right away on eBay. I'm just wondering about what price I should sell them at. I feel like iPhone 4s were going as high as $2000 last year in BuyItNow prices, but I don't remember exactly.
If anyone remembers or has any old articles, please let me know!
- 09-30-2011, 02:20 AM #2
Furthermore, there are many people who buy from countries where the iPhone 5 will not yet be available. In countries like Australia, there is usually a wait, and the high-end iPhone actually costs $1,100 after taxes.
Last edited by Jellotime91; 09-30-2011 at 02:52 AM.
- 09-30-2011, 03:28 AM #4
- 09-30-2011, 03:51 AM #5iPhone Intermediate
- 133 Posts
rofl... why is it OP fault that idiots are willing to pay more for a phone when they don't have to? If someone wanted to buy a 1 dollar candy from me... for 500 dollars... i'd tell him that it only cost a dollar at the store... but if he still insist to pay... ill take it. Doesn't make me a bad person... just makes the other person stupid. So why not back off OP and if you don't have anything nice to say, don't say it at all.
The fact remains that thousands of people every year accept this and purchase their iPhones on eBay for up to $2,000. Why? Because they choose to. Why would I deny them that option if we can both benefit from it?
I don't have to justify myself to anyone, much less someone who simply resorts to name-calling and has absolutely nothing to contribute to the conversation other than that.
- 09-30-2011, 07:48 AM #7
I don't remember if they were quite that high but I assume like with any hot product release ebay prices will be very high soon after release.
Everyone should lay off Jellotime, if someone wants to spend that much on an iPhone so be it. I camped out for a PS3 years ago and resold it on ebay for $2000; $1400 for I think it was 32 hours of "work". That semester was so much more fun with that extra cash in my pocket. Blame the idiots who pay those prices.
I would start the bidding at at least twice what you pay for them. If you get more than one I would also set up maybe a 1 day auction and then a few 3 day auctions; or maybe all 1 days depending how how flooded ebay gets.
Last edited by sting7k; 09-30-2011 at 07:51 AM.
- 09-30-2011, 08:58 AM #8
They were going for $700-800. It wouldn't surprise me if they do that again. Frankly if a person is willing to give that much, I don't see why they wouldn't just go to ATT or an Apple store and pay the $600 retail price. This of course is assuming both won't be sold out.
- 09-30-2011, 10:53 AM #10
- 09-30-2011, 12:13 PM #12
The iPhone isn't the only thing. Video game consoles as well. Did you not see all the stories about people paying others to stand in line every morning for iPad 2's when it first came out so they could then turn around and resell them?
- 09-30-2011, 12:39 PM #14
- 09-30-2011, 12:55 PM #15iPhone Intermediate
- 133 Posts
its not ripping people off...... if i sold them an iPhone 4 and said it was a 5... thats ripping them off... or if i sold them a phone that doesn't work but i said it did... thats would also be ripping them off.....
Its all about supply and demand.... i have the supply... and the people on ebay decide what the demand is.
Everyone needs to stop saying this is a bad thing to do lol... and realize its just a way to make extra cash... and people wouldn't spend the cash if they didn't 1) have it 2) want to...
- 09-30-2011, 03:37 PM #16
I would say the price is going to be subjective, you could likely get as little as $1k or as high as $5k depending what country you are shipping it to, availability and whether or not people are willing to pay that much.
I also do not see it as gouging or ripping people off, it is a consumer product with a supply and demand situation. Don't forget it in MSRP as in Manufacturer's Suggested Retail Price, you can always sell anything you own for more or less.
- 09-30-2011, 05:55 PM #17
- 09-30-2011, 09:13 PM #18
- 09-30-2011, 09:51 PM #19
So how much IS one allowed to profit when they sell something?? Isn't that kind of the idea? Are you saying that if YOU put something on eBay, for say $100 as a starting bid and people bid it up to $2,000 that you wouldn't take it?! I call BS!
- 09-30-2011, 11:13 PM #20
- 09-30-2011, 11:18 PM #21
- 09-30-2011, 11:45 PM #22
- 09-30-2011, 11:51 PM #23
- 10-01-2011, 12:41 AM #24
I am not taking advantage of ANYBODY!!! Like I said, people have been doing this for years, and the people who are buying the iPhones are PLENTY content with doing so, otherwise they would not spend their money on it!!!
Any of you who takes issue with me or what I'm doing can simply not contribute to this thread, as you're not being helpful of submitting anything of value, whatsoever.