Fair price for a used 1st generation iphone?

Discussion in 'iPhone' started by MasonMI, Jul 6, 2008.

  1. macrumors regular

    Oct 27, 2007
    What would be a fair price to pay for a used 16GB or 8GB 1st generation iphone which are locked to AT&T?
  2. macrumors 6502a

    Hey Jude

    May 9, 2008
    Fair is in the pocketbook of the beholder, but I paid $150 for a brand new 8 gb, which was more luck than anything else.

    I would not have paid more than $250 for an 8gb, and maybe $350 for a 16gb, those price points I considered fair when I was in the market for a 1st gen iPhone.

  3. Moderator emeritus


    Jan 9, 2004
    Grand Rapids, MI, USA
    $150 is impressive... and yes, lucky.

    Those $250-350 price points are fair in the sense that they're locked to AT&T's refurb prices (IIRC... I don't remember what the 16GB refurb price is), but I wouldn't call them fair market prices in the sense that official refurbs, particularly at the $250 price point, are rarely available and have sold out extremely quickly (typically same day). I'd say fair market is $250-300 for the 8GB iPhone, for some kind of sale mechanism that doesn't involve lots and lots of fees (i.e. I think even more is fair market reasonable on eBay purely because of how much in fees the seller must recoup).
  4. macrumors 6502

    Nov 19, 2007
    Northumberland, UK
    I have just been offered £250 ($500) for my 8GB unlocked iPhone, and people are bidding even higher than that.
  5. macrumors 6502

    Oct 16, 2007
    Just sold my 1st gen iPhone for $275 and it had the bottom dead strip on the screen. I had it working but you had to press above the button you wanted to touch.
  6. macrumors 68000


    Jun 29, 2007
    i sold my 4gig iphone with a cracked screen on ebay for 175 dollars. I set a buy it now for that much and it was gone within 12 hours. I could have probably gotten more for it but wasnt sure how much it would be worth
  7. macrumors member

    Dec 30, 2007
    Brooklyn, NY
    i just sold my 8GB with a few small scratches for $360
  8. macrumors member


    May 17, 2008
    I'm about to sell my 16gb iPhone for $450, it's unlocked.

    Now I have to wait until Friday or Saturday to get mine.

    I figured it be like this.

    $310 for 16gb BLACK iPhone
    $70 first month's bill
    $80 or less for Early Termination Fee hook up from my A&TT buddy

    = $460 - $25 discount from referral from an AT&T member and possibly -$50 from first time A&TT subscriber. = grand total $390...

    This is what I I have planned... :D
  9. macrumors 601

    Jun 1, 2007
    Chicago, IL, USA
    You also have to pay the bill for the second month. If you return in the first thirty days, you've gotta give the phone back. And I really doubt that you're gonna get a special cancellation fee from your friend. I'm also coming up dry when searching for that $50 discount that you mentioned... Don't forget taxes on your bills, either.
  10. macrumors regular


    Sep 19, 2007
    Well, i was thinking of selling my 8GB Unlocked jailbroken iPhone for about £200-£250, is that around about the normal price? there is nothing wrong with it, its been in a Tuffwrap phone case and had a screen protector on it since i have had it on xmas day.

    I have to sell it in my home town area tho as i have an ebay account but i have never sold anything on there, so people wouldn't buy from me if i put it on there. :( Nevermind
  11. macrumors 6502a

    Feb 15, 2005
    Just wondering, why? Where do you plan on using this phone?
  12. macrumors 68000

    Nov 3, 2007

    I don't know if you'd be up for this, but I'd list it for you. I have a good feedback from buying and selling. PM me if you want to talk about it.
  13. macrumors 6502a


    Jun 3, 2008
    Dutchess County New York
    The $25 referral discount isn't available right away. You have to sign up after you get the new account, go though verification and wait a few weeks to get the gift card to mailed you.
  14. macrumors 6502

    May 26, 2008
    i sold my 1st gen on ebay for $400, it had some moderate scratching.
  15. macrumors 6502

    Jul 23, 2002
    hmmm.... why?

    If you can get a new iphone for $199 next week, why would someone want to pay more for an old iphone??

    I guess it would make sense for someone who only wanted to use it as a WI-FI Ipod without the phone... essentially a iPod Touch with a camera and speakerphone and version 2.0 apps (free).
  16. macrumors 6502

    May 21, 2008
    Southwest Louisiana
    since my wife is not eligible for an upgrade, we're buying her friend's 1st gen refurb 16g for $200 so her friend can upgrade.
  17. macrumors 6502

    Jan 10, 2007

Share This Page