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  1. Thread AuthorThread Author   #1  
    Aguaski's Avatar
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    Default Resale Pricing of older device at Launch

    I used a loophole to get an iPhone 5 with unlimited LTE data on Verizon. I insist on keeping unlimited data so I think the easiest way to swallow full retail price on the new 5s is to sell my iPhone 5 as close to launch as possible when resale values are still relatively good. This will be my first iPhone upgrade so I am curious what happens to resale values when a new iPhone is announced and launched. I fear the iPhone 5 will plunge in value which will make the upgrade cost more painful. Can anyone share their experience doing this with prior versions of the iPhone?

    FYI - It is my intention to sell on eBay. My iPhone 5 is in mint condition. It has always been in a case and with a high quality screen protector. The phone is perfect with no scratches, dents or dings. Additionally, I will ship in the original box and include all factory documents, and never used headphones and charger. The phone is technically used but will hopefully feel like a new phone experience for my buyer. Hopefully I am able to fetch top dollar when my iPhone 5 sells.
  2. #2  
    Irish Rose's Avatar
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    Default Re: Resale Pricing At Launch

    The price that the iPhone 5 is currently going for will definitely go down once the new iPhone is released. However, the iPhones do tend to hold their value pretty well. Therefore depending on what GB model you have, you should be able to get a good amount for it.
    pr1nce likes this.
  3. #3  
    Massie's Avatar
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    Default Re: Resale Pricing At Launch

    For resale, getting your phone unlocked can raise its value significantly. Would probably only cost you 30-50 dollars at most, and maybe not even that much.
  4. #4  
    Dennisgarcia's Avatar
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    Default Re: Resale Pricing At Launch

    Or if it's on verizon your phone is already unlocked and ready to go.
  5. #5  
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    Default Re: Resale Pricing At Launch

    There's no doubt the price of the iPhone 5 will drop at launch of the new iPhone. However, these phones hold value well. You should be ok.
  6. #6  
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    Default Re: Resale Pricing At Launch

    I checked with a reputable place like Gazelle and for a perfect 4S I can get $200.00 for my 4S 16GB so if the new phone I presume for the same size is the same price I break even, By a new case unless same size as the 5 and Applecare+. I think i have it pretty well worked out on what I am going to do.
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  7. #7  
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    Default Re: Resale Pricing At Launch

    Quote Originally Posted by Jaguarr40 View Post
    I checked with a reputable place like Gazelle and for a perfect 4S I can get $200.00 for my 4S 16GB so if the new phone I presume for the same size is the same price I break even, By a new case unless same size as the 5 and Applecare+. I think i have it pretty well worked out on what I am going to do.
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  8. #8  
    swarlos's Avatar
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    Default Re: Resale Pricing of older device at Launch

    Yeah you should be able to get 500+ still.

    I sold the original iPhone back in the day to get the 3G for $500 really close to launch day so you should be fine.


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  9. #9  
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    Default Re: Resale Pricing of older device at Launch

    Love this thread!! I do this every year and always come out ahead. I always do an international sale. I usually get $75-100 more on ebay. I always get the largest capacity just for the resale. I also am on VZW and plan to do the same.


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  10. #10  
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    Default Re: Resale Pricing At Launch

    Quote Originally Posted by Dennisgarcia View Post
    Or if it's on verizon your phone is already unlocked and ready to go.
    So The Verizon iP5 is already unlocked ?
    If so I wish I would have know this before I bought a Jank Rogers wireless prepaid.
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  11. #11  
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    Default Re: Resale Pricing At Launch

    Quote Originally Posted by Padron26 View Post
    So The Verizon iP5 is already unlocked ?
    If so I wish I would have know this before I bought a Jank Rogers wireless prepaid.
    Yeah verizon comes unlocked already I don't know if it's internationally but it comes unlocked already.
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  12. #12  
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    Default Re: Resale Pricing At Launch

    Thanks, I was just googling this. Still trying to find more details on it.
    iP5 64gb
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  13. Thread AuthorThread Author   #13  
    Aguaski's Avatar
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    Default Re: Resale Pricing of older device at Launch

    Well I noticed that Gazelle is offering $325 for my 32 GB Verizon iPhone so I signed up for the offer. I have until October 10 to ship my old iPhone to Gazelle. Assuming the release date of the 5S is on September 20, then that should give me a couple weeks to ship the phone. As I understand it I am not obligated to ship my phone to Gazelle so I think I will first try a 3 day auction on eBay to see if I can get more cash, but it is nice to know that I have a decent price lock through Gazelle.
  14. #14  
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    Gazelle is only offering my iPhone 5 64gig for 230.00 ?!.... Sigh . Sprint.
  15. #15  
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    Default Re: Resale Pricing of older device at Launch

    eBay will always pay more than gazelle .. Where do you think gazelle sells the phones they buy .. Lol
    Last year although I used a upgrade I pre ordered my new iPhone 5 and listed my 4s while and set the auction to end on the iPhone 5 launch day .. Auction ended and I swapped phones wiped the 4s and put in the mail .. I got like 400 it was a 16gb .. So you should be fine your out of pocket about be real close to a upgrade price ..


    Sent from my iPhone 5 from a galaxy far far away (in the USA ) using Tapatalk !
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    Balooz (08-27-2013)
  16. #16  
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    Default Re: Resale Pricing of older device at Launch

    Gazelle offered me $315 for my iPhone 5 16gb. I have ATT. I might try eBay first.
  17. #17  
    Irish Rose's Avatar
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    Default Re: Resale Pricing of older device at Launch

    Quote Originally Posted by stlcheer View Post
    Gazelle offered me $315 for my iPhone 5 16gb. I have ATT. I might try eBay first.
    Not bad. They are only offering me $350 for my unlocked 64GB iPhone 5. They gave me a lot more than that last year when I sold my 4S to them.


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  18. #18  
    Irish Rose's Avatar
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    Default Re: Resale Pricing of older device at Launch

    Quote Originally Posted by Balooz View Post
    Gazelle is only offering my iPhone 5 64gig for 230.00 ?!.... Sigh . Sprint.
    They offered me $350 for the same model, only mine is AT&T unlocked. Weird how they aren't paying out the same for the Sprint iPhone 5.


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  19. #19  
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    Default Re: Resale Pricing of older device at Launch

    Quote Originally Posted by Irish Rose View Post
    Not bad. They are only offering me $350 for my unlocked 64GB iPhone 5. They gave me a lot more than that last year when I sold my 4S to them.


    Sent from my iPad Mini using Tapatalk 2
    That would be like 500 on eBay


    Sent from my iPhone 5 from a galaxy far far away (in the USA ) using Tapatalk !
  20. #20  
    BeKure's Avatar
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    Default Re: Resale Pricing of older device at Launch

    I just sold my iPhone 5 (64GB) on Amazon for $630. I sold my 4S last year for $440 right after the iPhone 5 was announced.
  21. #21  
    Irish Rose's Avatar
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    Default Re: Resale Pricing of older device at Launch

    Quote Originally Posted by Peligro911 View Post
    That would be like 500 on eBay
    Last year, $500 is exactly what Gazelle did give me for my 64GB 4S. they seem to be getting cheaper with their offerings. I don't like eBay or CL.
  22. #22  
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    Default Re: Resale Pricing of older device at Launch

    Always remember too that when you sell on eBay, to factor in the 9% selling fee they take, the cost to list, and the cost to ship (if you offer free shipping). You can always get by using the $5 flat rate box. Then if you are using Paypal to get your money, they take their 2.9% plus $0.30 per transaction. So if you are selling a phone for $500.....you are going to net about $435. Still MUCH better than anything Gazelle will offer you.
  23. #23  
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    Default Re: Resale Pricing At Launch

    Quote Originally Posted by Jaguarr40 View Post
    I checked with a reputable place like Gazelle and for a perfect 4S I can get $200.00 for my 4S 16GB so if the new phone I presume for the same size is the same price I break even, By a new case unless same size as the 5 and Applecare+. I think i have it pretty well worked out on what I am going to do.
    I got an offer from Gazelle of $236 for mint AT&T 4S 16GB, good until October 15. The price has already dropped since then. I don't know what the eBay price will be after September 20.
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  24. #24  
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    Default Re: Resale Pricing of older device at Launch

    Go ahead and lock in your sale rate with Gazelle now, then send it in when you get your new iPhone. That's the best way to get the most cash. Otherwise, sell it via eBay or Amazon after launch to get a better price than Gazelle can offer.
  25. #25  
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    Default Re: Resale Pricing of older device at Launch

    Already sold my HTC One in preparation for the new one. Using a 4 now (sigh) and cannot wait to preorder the new one. Here's to hoping the new one is 32gb at the smallest so I can save some money haha.
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