5S Instant Re-sale Values

[spacecadet610]

How the heck would it be unethical for me to sell my iPhone for higher than retail?

It's called supply and demand, people. If I sell my iPhone 5s for $1000, I'm happy I get my money and the buyer is happy they get their iPhone.

Who is hurt in this transaction? What principle is violated?

 

[skimcpip]

What if someone can't afford an iPhone at the MSRP and sells a kidney to buy it? Is Apple unethical for creating an expensive luxury item and convincing people they have to have it?

There's no indication that the kid bought it at anything other than MSRP, that I've seen. So good point.

 

[applesith]

What is unethical about it is that if the product is above the MSRP of what the manufacturer or seller prices the product at, you could be in violation of the Clayton Antitrust Act, which is what ensures fair competition between all parties involved: seller, consumer, manufacturer, etc.

Something to think about.

BL.

You don't know what you are talking about.

 

[the8thark]

Why do you consider selling what you own unethical? You mean when sold at higher price than MSRP?

I do mean that, you are correct.

 

[Ubele]

There's no indication that the kid bought it at anything other than MSRP, that I've seen. So good point.

It's also a dubious tactic to choose the most extreme isolated example you can come up with to bolster an argument. If Apple, in all seriousness, ran ads saying, "The new Mac Pro is magical enough that you need to buy one, even if you have to sell a kidney to afford it – and you'll be doing a good deed for someone who needs a kidney!" then I'd call that ad campaign unethical. But just because one sad, unbalanced person did something awful doesn't necessarily make whatever inspired the act unethical. I could make the argument that all religions are unethical because so many atrocities have been committed in the name of the perpetrators' version of God, ignoring the fact that many good deeds also have been committed in the name of religion.

 

[Steve121178]

How the heck would it be unethical for me to sell my iPhone for higher than retail?

It's called supply and demand, people. If I sell my iPhone 5s for $1000, I'm happy I get my money and the buyer is happy they get their iPhone.

Who is hurt in this transaction? What principle is violated?

I think the people hurt are the people who wait in line and are not lucky enough to get the item that they were prepared to pay the price that the store was selling at; because profiteering scum have so much time on their hands to nab one to sell enabling them to buy some extra scratch cards or whatever it is these people spend their benefit money on.

 

[OMAC83]

At the end of the day it all comes down to opinion. I disagree with you.

The iPhone is not limited where day 1 batch is the only we'll ever see. One in this situation would not be vulnerable, but impatient. Capitalizing on someones impatience to me is not unethical.

If we were talking about after a catastrophic event and someone buying all the resources to resell, that'd be different. This is a phone.

What I was thinking minus the swear words, get a life people, it's a phone, he not keeping insulin from a diabetic

 

[Satnam1989]

I'm thinking about trying to pick up a 5S just so I can turn around and sell it for small profit thanks to people who can't wait and need to have it now! Does anyone think the Space Gray or White Silver will fetch a higher price on Craigslist or eBay?

Having been a "Senior" member on eBay, I advise you to stay away from selling it on eBay due to it being such an expensive sale...Paypal protection is next to none for those that do Chargebacks on credit cards.....Paypal pretends to fight but in general leaves the seller hanging....cause people easily claim "Item not received" unless you planning to spend big bucks on shipping and insurance...I would not bother with eBay...because its going to 10% eBay fees + 2.9%+$0.30 Paypal Fee's = 13% +$0.30 and on top shipping price + insurance fee.....also note eBay now even charges its "Tax" as I call it on shipping charge...

I would say if u can sell it on craigslist, you got the best chance to make a couple bills, otherwise dont bother. Also it depends where you live...Like today I called my local radioshack...no one has even put their name on reserve list to reserve a 5S....I was the first one....and that was surprising so it tells me that my chances of doing what your thinking locally are slim...it would be more of waste of time than anything.

 

[Apollo 13]

One thing I learned from selling items on ebay is to never make a set price. Always start the price off at .99 and watch it skyrocket from there.

 

[EvilQueen]

Apart from this practice being highly unethical and I frown upon it, it all depends on how quickly the 5S sells out.

Since when is supply and demand unethical?

If I buy one here where there is a lower demand and sell it to someone in New York that is willing to pay a premium price...why is that bad? Or if I buy one here and then sell it to someone that is in a very rural area where supplies aren't going to be and that person is willing to pay a premium, why is that bad?

I never understand the unethical comment. No one is forcing anyone to pay the premium price. If someone wants it bad enough, and they have the ability to pay a higher price to make sure they get it, how does that make the person selling it unethical?

----------

Having been a "Senior" member on eBay, I advise you to stay away from selling it on eBay due to it being such an expensive sale...Paypal protection is next to none for those that do Chargebacks on credit cards.....Paypal pretends to fight but in general leaves the seller hanging....cause people easily claim "Item not received" unless you planning to spend big bucks on shipping and insurance...

Big bucks on shipping? I just shipped an item and put $600 insurance on it with tracking and delivery confirmation and it cost 18 bucks.

 

[Spacial]

Lots of people try this each year. I'd guess this year may be the riskiest. With nary a change, the phones not likely to approach the high demand of previous years.

 

[benhollberg]

Obviously, I understand that they can be returned for a full refund, but there are all sorts of pitfalls selling high value items on eBay (for example), especially if you are seeking to make a fast buck. Karma can be a bitch!

Doesn't help when the ebay buyer claims the box they received was empty or you later get a chargeback...

As someone who has resold lots of iPads and iPhones, I've never experienced this, because I never have sold on eBay and don't plan to. If you're smart you'll find a dealer that will take care of them for you, as I did. Getting cash within 24 hours is the way to go and I'll be willing to say I sold mine for more than they were going for on eBay.

 

[knux11]

if you sell anything and ship it without insurance, you deserve whatever you get. the way i look at it, the insurance protects the seller more than the buyer. I don't even offer insurance as an option anymore, it's included in my price as a default.

also, not seeing why anyone would say reselling is unethical. That's just plain stupid.

 

[BSDanalyst]

Haha.. are people really that retarded to think reselling is unethical? Stay in whatever socialist country you came from and don't come back.