The launch of Apple's next iPhone is almost here, and even though we don't know exactly when it'll arrive (September 12 has been the favored date thus far), it's certainly coming.
If you're itching to get in on the newest Apple phone, it's time to make a move, sell your old device, and put some money back in your pocket while you can still get a good deal. Here's where to turn to get the most cash back.
ebay
How much: $350-$400
How to do it: You can go one of two ways with eBay—you can either sell it right now for about $330 or you can wait it out and let it go to the highest bidder. Many of those sales seem to be closing around $400. If your phone is in good condition and you are patient, the latter might be your best bet for the most money. But if your device has taken some abuse and you just want to make some fast money, instant sale is better.
Amazon
How much: $120-$415
How to do it: Amazon is offering Amazon gift certificates in exchange for your phone. $415 sounds really enticing, but this is only if your phone is in absolute mint condition and you're willing to trade your charger too (that shouldn't be a problem considering the 30-pin connector is expected to shrink). Most iPhones in good condition should earn around $350.
RadioShack
How much: $73-$250
How to do it: Just want the cash without the hassle? RadioShack will straight up fork over a nice $250 if you're ready to part with your phone, if it's in perfect condition. But if you accidentally ran it through the spin cycle, RadioShack says it will still give you $73, which is something. You can recoup your pesos by visiting your local RadioShack or mailing your phone off.
Craigslist
How much: $200 and up
How to do it: You've got to be willing to put in some work here. That means wading through spammers, scammers, and people with awful email etiquette. But if your phone has taken a beating, this is your solution. You'll see everything from brand new phones to devices that are totally borked. Be sure to check out your local Craigslist page to gauge the kinds of prices iPhones are going for. Though this takes more work, you're bound to get at least a little cash back.
If you go with this option, we recommend you meet in a public place like a bank, so you avoid getting screwed out of money/murdered.
Gazelle, InstantSale, Buy My Tronics, NextWorth
How much:$90-$365
How to do it: Hate human contact? Here's the route you need to take if you want the best price without any hassle. Get an estimate on your iPhone's worth based on it's condition, then mail it in. These companies will then assess your phone and send you money for it. Check out various sites to see where you can get the best offer, because it totally varies.
For example, on the lower end Gazelle will give you $90 for a completely borked phone while NextWorth will fork over just $43. On the other hand, mint condition will earn you $290 from Gazelle or $303 from BuyMyTronics. Prices fluctuate often (and will be going down soon), so do your homework before you collect.
Whichever virtual pawn shop you choose to shed your old iPhone, make haste. With every day that passes, these soon-to-be passé phones depreciate. Right now there's still more demand than supply; the longer you wait, the less that's true. And that's money out of your pocket.
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