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How and where to trade in your old iPhone for the most cash or store credit

post #1 of 30
Thread Starter 
With the release of Apple's newest flagship iPhone 5s and the mid-level iPhone 5c, AppleInsider's trade-in guide can help you get the most from your old iPhone.

tradein-roundup-1-20130920.jpg


There are many companies offering to let you trade in your old iPhone for credit toward a new one, but which is best? AppleInsider has surveyed the top options to help you make your decision. Be sure to also check out AppleInsider's trade-in guide for information on swapping your other iOS devices.

In-store: Apple, Best Buy, Walmart

Apple, Best Buy, and Walmart share similar in-store trade-in options: customers can walk into the store with their old iPhone and walk out with a new iPhone 5s or 5c in a single transaction. Store employees will assess your trade-in and provide a quote; if you accept, they will sell you a new, on-contract iPhone on the spot and apply the trade-in value toward your purchase. Apple is reportedly offering less in return for your trade than the others, though AppleInsider has been unable to confirm the amount.

Mail-in for cash: Gazelle, NextWorth, USell

These online-only players will ask you to provide a general description of your iPhone's condition, then give you an instant quote. If you accept the price, the service will send you a prepaid shipping container ??usually a small box or envelope ? that you'll use to send in your device. Once the handset has been inspected, you can receive your money in as little as five days.

Gazelle offers the most cash for the iPhone 4 and iPhone 5, while NextWorth wins the battle with the iPhone 4S. uSell, meanwhile, offers $115 for an iPhone 4, $205 for a 4S, and $336 for an iPhone 5.

Mail-in for credit: Amazon, Best Buy, Wal-Mart

These services work much the same way as their mail-in for cash competitors, but because they offer in-store credit rather than cash, trade-in valuations tend to be higher. Amazon, for example, will give you $441.00 for a flawless white 64GB iPhone 5, while the best quote from cash competitors is Gazelle's $340.00, a full $101.00 lower.
post #2 of 30
Verizon is offering $120 for a 32GB iPhone 4 as credit off of your bill. Gazelle listed the same phone as $82 if in perfect condition.
post #3 of 30
Do the phones that are traded in just get refurbished and resold? How big the second hand market?
post #4 of 30
Or sell it and get more $$$ from craigslist.
post #5 of 30
I sold my iphone 4s att 16gb through Apple's recycle program (Poweron) and got $215 apple gift card.
Ebay would have gotten me a little more but with fees I probably would have come down to about what i got. I am happy only paying $3.39 out of pocket for a new iphone 5s 16gb.
post #6 of 30
Craigslist and eBay are better places to sell if you are savvy about it. These companies are buying for much less than you can get with a little effort.
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post #7 of 30

Went to a Verizon kiosk and got $200 flat for my 16 gb black iPhone 4s. I was SHOCKED! 

post #8 of 30
AT&T will upgrade my one year old 32Gig iPhone5 to a 32Gig iPhone5s for $550. Which means they will be buying my iPhone 5 for a measly $200.

I think not!
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post #9 of 30
Quote:
Originally Posted by Ivabign View Post

Craigslist and eBay are better places to sell if you are savvy about it. These companies are buying for much less than you can get with a little effort.

This. I'm amazed suckers trade in their phones when they can sell them outright and receive more money. Though I'm sure these retail resellers love it.

post #10 of 30
Quote:
Originally Posted by 3Eleven View Post

This. I'm amazed suckers trade in their phones when they can sell them outright and receive more money. Though I'm sure these retail resellers love it.

I almost always sell mine on Craigslist and buy my macs off Craigslist. But I just traded it in at topdollarmobile.us $230 for a 16gb att 4S. Traded all 3 in. That's about what Craigslist can sell for and you don't have to deal with the typical "Craigslist people"

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post #11 of 30
Quote:
Originally Posted by 3Eleven View Post

Quote:
Originally Posted by Ivabign View Post

Craigslist and eBay are better places to sell if you are savvy about it. These companies are buying for much less than you can get with a little effort.
This. I'm amazed suckers trade in their phones when they can sell them outright and receive more money. Though I'm sure these retail resellers love it.

There's convenience to be considered too. If a used iPhone is worth $400 on eBay and a retailer offers $250, it might seem like a rip-off but take the 10% fee off eBay to get $360, maybe a 5% payment processing fee to get $340 and then some insured shipping and you're down to ~$80 difference. You have the time taken to photograph what you have, answer sales enquiries, setup your auction, watch for offers, package it all up and mail it out with the worry it'll arrive ok. To people where $80 is worth more than their time, the markets are a better option; to busy business people or people who can afford to lose $80 now and again, the trade-in services are convenient.
post #12 of 30

I didn't see this link provided http://store.apple.com/us/iphone/reuse-and-recycling , but they offered 380 for my 64 gb att white iphone 5, so I will probably do this route unless a friend wants to buy it. It's more then gazelle, I know gamestop was also offering cash or in store credit. But I'm sure I will use the apple gift card next month when a new ipad comes out.

post #13 of 30
I have a used AT&T black iPhone 4 8GB in decent condition, does anyone know about what I should price that at if I'm selling on Craigslist?

I'd like to use the money to go out and buy the iPhone 5S!
post #14 of 30

Walmart and Best Buy give you a gift certificate, which I'd probably never use. Apple applies the amount to your purchase making it a very easy transaction. As for the other services including Craigslist, I'd rather not deal with someone I've never met. I don't think it's worth the few extra dollars. I have to figure out how to use my wife's upgrade on AT&T to buy me a phone so I can give her my iPhone 5 while buying an iPhone 5s at the Apple Store. If my update period was done, my iPhone 5 16GB would fetch enough money to get a 5c and 5s through Apple.

post #15 of 30
Quote:
Originally Posted by OriginalG View Post

Do the phones that are traded in just get refurbished and resold? How big the second hand market?

Gazelle has a eBay store, not quite sure about the others.
Edited by dasanman69 - 9/20/13 at 2:25pm
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post #16 of 30
Quote:
Originally Posted by bloggerblog View Post

AT&T will upgrade my one year old 32Gig iPhone5 to a 32Gig iPhone5s for $550. Which means they will be buying my iPhone 5 for a measly $200.

I think not!

 

AT&T doesn't take your phone in that transaction: they just sell you a new one with another contract. So you're free to sell your old phone as you will and knock the out of pocket price down by that amount.

post #17 of 30
Quote:
Originally Posted by tkrunner1738 View Post

I didn't see this link provided http://store.apple.com/us/iphone/reuse-and-recycling , but they offered 380 for my 64 gb att white iphone 5, so I will probably do this route unless a friend wants to buy it. It's more then gazelle, I know gamestop was also offering cash or in store credit. But I'm sure I will use the apple gift card next month when a new ipad comes out.

Take note of the Apple policy here: mandatory new service contract and you cannot trade in your new iPhone at Apple in the future.
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post #18 of 30
Quote:
Originally Posted by PhilBoogie View Post

Take note of the Apple policy here: mandatory new service contract and you cannot trade in your new iPhone at Apple in the future.

So only one trade in per lifetime?
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"Just because something is deemed the law doesn't make it just" - SolipsismX
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"I got the answer by talking in my brain and I agreed of the answer my brain got" a 7 yr old explaining his math HW
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post #19 of 30
Quote:
Originally Posted by dasanman69 View Post

Quote:
Originally Posted by PhilBoogie View Post

Take note of the Apple policy here: mandatory new service contract and you cannot trade in your new iPhone at Apple in the future.

So only one trade in per lifetime?

For that replacement phone? Yeah, that's what the article states...
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post #20 of 30
I took my 16GB iPhone 4 to Apple Store the day after they launched their in store buy-back program and was offered a measly $68 - it was about 1/2 what I expected. I said thanks, but no thanks... My wife then dropped the phone the very next day and cracked the screen. Any idea what a 4 would fetch with a broken, but working screen on trade in?
post #21 of 30
Anyone know if an at&t iPhone can be used on TMobile? Can't find a chart?
post #22 of 30
Quote:
Originally Posted by PhilBoogie View Post

For that replacement phone? Yeah, that's what the article states...

It's not really a replacement phone. That would denote that something was wrong with the first phone it thus needed replacement.
"I got the answer by talking in my brain and I agreed of the answer my brain got" a 7 yr old explaining his math HW
"Just because something is deemed the law doesn't make it just" - SolipsismX
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"I got the answer by talking in my brain and I agreed of the answer my brain got" a 7 yr old explaining his math HW
"Just because something is deemed the law doesn't make it just" - SolipsismX
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post #23 of 30

If anyone has a 32 or 64GB 4S (GSM) or 5 to sell, let me know.

post #24 of 30
My iPhone 4s 32G, White, Sprint - only a small amount of scuffing on the top metal... I was offered $169 for it from Apple.

It was better then what I was seeing the equivalent ending for on eBay.

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post #25 of 30
Sold my 16GB AT&T iPhone 4s to GameStop for $300 in store credit. Obviously only good if you're a gamer.
post #26 of 30
I traded my iPhone 5 32GB in for HK$3800 today - in Hong Kong of course.
That's US$490

For your reference
post #27 of 30
Nextworth has a coupon code if you search for it for an additional 10% cash. I got $231 for my 4s 16gb.
post #28 of 30
Quote:
Originally Posted by juliewright View Post

I sent two iPhones into Gazelle back in early August and got paid 5 weeks later.. Way too long, but at least I got my payment. The best site I have used so far is they should be in this article, sent my husbands iPhone 5 out to them and had my PayPal payment the same day peakflip received it. Highly suggest you sell with them, great customer service too

I've never understood the posts people make with a "great customer service too" line, without taking the time as to inform everyone why.

But ok, I look at their website, and it seems these kind people rely on some html tech that my cleanly installed Safari doesn't work with; I cannot get past the 'select phone model'. Maybe because I don't have Flash installed, but that was never a requirement for basic browsing.

So, thanks for the ad, welcome to the forum, and no thanks peak flip.
"See her this weekend. You hit it off, come Turkey Day, maybe you can stuff her."
- Roger Sterling
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- Roger Sterling
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post #29 of 30
Quote:
Originally Posted by PhilBoogie View Post

So, thanks for the ad, welcome to the forum, and no thanks peak flip.

Apparently 'she' also sent two iPhones to Totem and again got paid 5 weeks later:

http://www.huffingtonpost.com/2013/09/20/how-to-sell-iphone_n_3957791.html

That girl just can't get the service from anything except peak flip. You'd think they'd pick a better name than peak flip if they're going to spam it around everywhere.
post #30 of 30
Quote:
Originally Posted by Marvin View Post

Quote:
Originally Posted by PhilBoogie View Post

So, thanks for the ad, welcome to the forum, and no thanks peak flip.

Apparently 'she' also sent two iPhones to Totem and again got paid 5 weeks later:

http://www.huffingtonpost.com/2013/09/20/how-to-sell-iphone_n_3957791.html

That girl just can't get the service from anything except peak flip. You'd think they'd pick a better name than peak flip if they're going to spam it around everywhere.

That is pathetic! And incredible that you find these things, props to you sir.

And a down vote on Julie.
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