.

SmartMoney Blogs

Pay Dirt
A daily look at what we buy, how we spend, and the companies that do right - and wrong - by their customers.

Want the New iPhone? Sell Your Old iPhone Today

iStockphoto
If you’re at the end of your phone contract, you could even make a profit by selling now.

Are you hankering after the new iPhone? If you are, you can earn between $250 and $600 for your old model – more than most customers paid in the first place. But you need to sell now. Apple is widely expected to unveil its new iPhone 4S on Tuesday. When new iPhones are announced, prices for old phones on resale sites traditionally plummet. “There will be a pretty steep decline in resale prices after Apple makes its announcement,” says Jeff Trachsel, chief marketing officer at NextWorth.com.

Prices already vary. NextWorth offers $250 for 16GB and 32GB iPhone 4s that are in good condition. Gazelle.com offers $250 for the 32GB iPhone 4 in “flawless” condition, but only $225 for the 16GB version. Anthony Scarsella, chief gadget officer at Gazelle.com, says it has an app that makes it easier to sell your phone, and gives customers 30 days to send in their phone. (NextWorth has a 21-day “lock-in” period.) Alternatively, you can sell your iPhone 4 yourself on eBay where they’re currently going for anything from $200 to $600. Today, “eBay Instant Sale” began offering a guaranteed $307 for an iPhone 4 16GB and $339 for an iPhone 4 32GB, though prices fluctuate daily; customers enter basic information, receive an instant offer for their device and have seven days to send it.

Cautious consumers may decide to wait and see what new fancy upgrades come with the iPhone 5 before they sell their old models. And, for those near the end of their contract, it may be worth paying a smaller cancelation fee and starting a new contract with Verizon and AT&T – or going with Sprint, if it also gets the iPhone 5). For instance, AT&T has a $325 iPhone 4 cancellation fee, minus $10 for every month of your contract served; Verizon Wireless smartphone cancellation fees vary from $350 to $375.

Conspiracy theorists might ask, “Are iPhones only designed to last until the next upgrade?” Scott Sutherland, analyst at Wedbush Securities, says iPhone screens are prone to cracking, but most last beyond Apple’s yearly iPhone upgrades. “They last a couple of years,” he says. “They are sturdy enough in that regard.”

Are you planning to trade in your old phone?

Comments

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comments (5 of 15)

View all Comments »
    • By WebOsPublisher

      Facebook icon – World’s best selection of high quality Free Facebook icons.
      Facebook Icons | Download free Facebook icons
      var _gaq = _gaq || [];
      _gaq.push(['_setAccount', 'UA-2106021-3']);
      _gaq.push(['_trackPageview']);
      (function()
      var ga = document.createElement(‘script’); ga.type = ‘text/javascript’; ga.async = true;
      ga.src = (‘https:’ == document.location.protocol ? ‘https://ssl’ : ‘www’) + ‘.google-analytics.com/ga.js’;
      var s = document.getElementsByTagName(‘script’)[0]; s.parentNode.insertBefore(ga, s);
      )();
      /*#right_container .icon_show ul.pagi_nav li a.prev
      width: 20px;
      padding-left: 0px;
      height: 20px;
      background: url(‘../images/prev_button.gif’) no-repeat 0 0;

      */
      #inner_center .community ul.pagi_nav li a.frist float: left;
      padding-left: 6px;
      color: #4C4C4C;
      margin-top: 4px;
      height: 25px;
      text-decoration: none;
      width:30px;
      background:url(‘iconspedia.com/images/front.png’) no-repeat top left;
      border:#FF0000 solid 0px;

      #inner_center .community ul.pagi_nav li a.frist:hover
      float: left;
      padding-left: 6px;
      color: #4C4C4C;
      margin-top: 4px;
      height: 25px;
      text-decoration: none;
      width:30px;
      background:url(‘iconspedia.com/images/front_hover.png’) no-repeat top left;

      #inner_center .community ul.pagi_nav li a.last
      width: 30px;
      margin-left: 6px;
      height: 20px;
      background: url(‘iconspedia.com/images/last.png’) no-repeat 0 0;

      #inner_center .community ul.pagi_nav li a.last:hover
      width: 30px;
      margin-left: 6px;
      height: 20px;
      background: url(‘iconspedia.com/images/last_hover.png’) no-repeat 0 0;

      #right_container .icon_show ul.pagi_nav
      float: left;
      text-align: center;
      list-style: none;
      padding: 0px 0 0px 70px;
      width: 600px;

      #right_container .icon_show ul.pagi_nav li a.frist float: left;
      padding-left: 6px;
      color: #4C4C4C;
      margin-top: 4px;
      height: 25px;
      text-decoration: none;
      width:30px;
      background:url(‘iconspedia.com/images/front.png’) no-repeat top left;
      border:#FF0000 solid 0px;

      #right_container .icon_show ul.pagi_nav li a.frist:hover
      float: left;
      padding-left: 6px;
      color: #4C4C4C;
      margin-top: 4px;
      height: 25px;
      text-decoration: none;
      width:30px;
      background:url(‘iconspedia.com/images/front_hover.png’) no-repeat top left;

      #right_container .icon_show ul.pagi_nav li a.last
      width: 30px;
      margin-left: 6px;
      height: 20px;
      background: url(‘iconspedia.com/images/last.png’) no-repeat 0 0;

      #right_container .icon_show ul.pagi_nav li a.last:hover
      width: 30px;
      margin-left: 6px;
      height: 20px;
      background: url(‘iconspedia.com/images/last_hover.png’) no-repeat 0 0;

      #right_container .search ul.pagi_nav li a.frist float: left;
      padding-left: 6px;
      color: #4C4C4C;
      margin-top: 4px;
      height: 25px;
      text-decoration: none;
      width:30px;
      background:url(‘iconspedia.com/images/front.png’) no-repeat top left;
      border:#FF0000 solid 0px;

      #right_container .search ul.pagi_nav li a.frist:hover
      float: left;
      padding-left: 6px;
      color: #4C4C4C;
      margin-top: 4px;
      height: 25px;
      text-decoration: none;
      width:30px;
      background:url(‘iconspedia.com/images/front_hover.png’) no-repeat top left;

      #right_container .search ul.pagi_nav li a.last
      width: 30px;
      margin-left: 6px;
      height: 20px;
      background: url(‘iconspedia.com/images/last.png’) no-repeat 0 0;

      #right_container .search ul.pagi_nav li a.last:hover
      width: 30px;
      margin-left: 6px;
      height: 20px;
      background: url(‘iconspedia.com/images/last_hover.png’) no-repeat 0 0;

      #right_container .category_details ul.pagi_nav
      float:none;
      padding:0px;
      text-align: center;
      list-style: none;
      margin:auto;
      display:block;
      overflow:hidden;
      padding-bottom:20px;

      #right_container .icon_show ul.pagi_nav
      float:none;
      width:auto;

      become a member
      Login to your account
      Forgot Password?
      Welcome,
      Community
      news
      submit icons
      Homepage
      Hate Ads? Become a Premium Member now !
      Profile
      Gallery
      Favorites
      Account settings
      My Public Profile
      My uploads
      Favorites
      Notifications–
      Select LicenceCC AttributionCC Attribution No DerivativesCC Attribution Non-CommercialCC Attribution Non-Commercial No DerivativesCC Attribution Non-Commercial Share AlikeCC Attribution Share AlikeFreeFree for non commercial use.Free for personal use.Other
      All CategoriesAdobeAnimalsAnimals IconsAppleApplications & HardwareArtArt IconsBlackBerryBloggingBrands IconsBusiness IconsCameras & PhotoCarsCartoonCartoon IconsChristmasCinemaComputer IconsConstructionDrinksEasterEmoticonsFoodFood & Drinks IconsFootballGamesGames IconsHalloweenHolidays IconsInternet IconsiPhoneLogosMedia IconsMedicalMiscellaneousMoneyMotorolaMovies & TV IconsMozillaMultimediaMusicNatureNature IconsNBANokiaObjects IconsOfficeOtherOther BrandsPhones IconsPopularRSS FeedsSmartphonesSoccerSocial BookmarksSonySport IconsStatisticsTransportValentine’s DayVehicles IconsWorld Flags
      All Sizes.ICO File16x16 px32x32 px48x48 px64x64 px128x128 px256x256 px
      Search icons $ icon packs
      Search Icons
      Search icon packs
      Advanced Search
      Browse By Category
      Animals Icons
      Art Icons
      Brands Icons
      Logos
      Other Brands
      Business Icons
      Money
      Office
      Statistics
      World Flags
      Cartoon Icons
      Computer Icons
      Adobe
      Apple
      Applications & Hardware
      Mozilla
      Sony
      Food & Drinks Icons
      Drinks
      Food
      Games Icons
      Holidays Icons
      Christmas
      Easter
      Halloween
      Valentine’s Day
      Internet Icons
      Blogging
      Emoticons
      Popular
      RSS Feeds
      Social Bookmarks
      Media Icons
      Cameras & Photo
      Multimedia
      Music
      Movies & TV Icons
      Nature Icons
      Objects Icons
      Construction
      Medical
      Miscellaneous
      Phones Icons
      BlackBerry
      iPhone
      Motorola
      Nokia
      Smartphones
      Sport Icons
      Football
      NBA
      Other
      Soccer
      Vehicles Icons
      Cars
      Transport
      Search "facebook" icons – 160 facebook icons found
      Facebook
      FaceBook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      FaceBook
      facebook
      Facebook
      Facebook
      Facebook
      Facebook
      FaceBook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      Facebook
      1
      2
      3
      4
      "facebook" icon packs – 3 icon packs found
      Facebook Photo Browser
      By: Eddy
      Quantity: 3 Icons
      Boxy Social
      By: Lokas Software
      Quantity: 8 Icons
      Shiny Social Icons
      By: Artimonier
      Quantity: 20 Icons
      Home
      Stock Icons
      Advertise
      Submition
      FAQs
      Privacy Policy
      Contact
      [x] Don’t forget to follow us on Google+ !

    • iv had my iphone 3gs since the day it came out….. still works PERFECTLY and is in brand new mint condition…. i take care of my stuff :)

    • If you’re looking to sell your old iPhone, you should check out iPhonesIntoCash.com

      I used their service and I was very pleasantly surprised at how quick and easy the process was!

    • Am i allowed to leatly point out what exactly a new comfort to get person who really understands exactly what theyre discussing on the internet. You actually understand the way to provide a worry to be able to gentle as well as figure out this critical. Workout. ought to observe this particular as well as fully understand this specific aspect of your story. We find it difficult to consider youre you can forget well-known as you furthermore certainly create your reward.

    • Heya! just how will you monetize this page? I was pannnilg on starting a website, but I am not sure what amount of time I will spend in it. I have a couple of ideas, but I am just battling between setting up a web site around something I truly am excited about and something I will make money from

About Pay Dirt

  • Pay Dirt examines the millions of consumer decisions Americans make every day: What to buy, how much to pay, whether to rave or complain. Lead written by Quentin Fottrell, the blog examines these interactions, providing readers with news, insight and tips on shopping, spending, customer service, and companies that do right – and wrong – by their customers. Send items, questions and comments to quentin.fottrell@dowjones.com or tweet @SMPayDirt.

.