Fair price for a used 1st generation iphone?

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

  1. macrumors regular

    Joined:
    Oct 27, 2007
    #1
    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

    Joined:
    May 9, 2008
    Location:
    Florida
    #2
    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.

    Jude
     
  3. Moderator emeritus

    mkrishnan

    Joined:
    Jan 9, 2004
    Location:
    Grand Rapids, MI, USA
    #3
    $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

    Joined:
    Nov 19, 2007
    Location:
    Northumberland, UK
    #4
    I have just been offered £250 ($500) for my 8GB unlocked iPhone, and people are bidding even higher than that.
     
  5. macrumors 6502

    Joined:
    Oct 16, 2007
    Location:
    Canada
    #5
    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

    swordfish5736

    Joined:
    Jun 29, 2007
    Location:
    Cesspool
    #6
    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

    Joined:
    Dec 30, 2007
    Location:
    Brooklyn, NY
    #7
    i just sold my 8GB with a few small scratches for $360
     
  8. macrumors member

    born2win413

    Joined:
    May 17, 2008
    #8
    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

    Joined:
    Jun 1, 2007
    Location:
    Chicago, IL, USA
    #9
    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

    draperm25

    Joined:
    Sep 19, 2007
    Location:
    Swansea
    #10
    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

    Joined:
    Feb 15, 2005
    #11
    Just wondering, why? Where do you plan on using this phone?
     
  12. macrumors 68000

    Joined:
    Nov 3, 2007
    #12

    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

    StingerT125

    Joined:
    Jun 3, 2008
    Location:
    Dutchess County New York
    #13
    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

    Joined:
    May 26, 2008
    #14
    i sold my 1st gen on ebay for $400, it had some moderate scratching.
     
  15. macrumors 6502

    Joined:
    Jul 23, 2002
    #15
    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

    Joined:
    May 21, 2008
    Location:
    Southwest Louisiana
    #16
    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

    Joined:
    Jan 10, 2007
    #17
    Unlocking
     

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