Best time to sell my iPhone 5s?

Harinoorvirk28

macrumors member
Original poster
Jul 17, 2014
39
1
hey guys so before i was certain to miss out on the 6,but i changed my mind and just ordered it.What i wanted to ask should i sell my 5s now? it has 6 months of warranty remaining! or should i wait until the market cools down a little like a month from now? because everyone is selling their 5s to upgrade to the 6. I will be selling it on craigslist btw.
 

dictoresno

macrumors 601
Apr 30, 2012
4,208
472
NJ
From what I've seen over the years, prices go down and usually don't rebound. I sold mine the other day for what I felt was fair market value, but feared only getting less for it.
 

Harinoorvirk28

macrumors member
Original poster
Jul 17, 2014
39
1
From what I've seen over the years, prices go down and usually don't rebound. I sold mine the other day for what I felt was fair market value, but feared only getting less for it.
ok, thanks for the reply. do you think i will lose money if i wait 1 month?
 

iamMacPerson

macrumors 68030
Jun 12, 2011
2,797
948
AZ/10.0.1.1
ok, thanks for the reply. do you think i will lose money if i wait 1 month?
I would think so. The hardware only ages and the warranty will be 1 month closer to expiration so yes the value will continue to go down. I'd sell now, try Swappa. There might be a lot of phones out there now, but there are also a lot of people out there buying them too.
 

taedouni

macrumors 65816
Jun 7, 2011
1,113
27
California
I would think that waiting a month after the latest phone is released is better then right away because everyone and their mother is probably trying to sell the same model as you. More supply with the same demand as before will just result in lower prices. That's just my $0.02. I myself will be waiting until mid October
 

blackhawk526

macrumors member
Jul 24, 2010
50
20
Your 5s is losing pennies by the minute. As the market evolves to the new hardware (bigger phones), it's value will only be stable for a short amount of time. It should still have decent resale value right now, but not for long IMO.

There will always be niche buyers that hate the larger phones though.
 

BeK

macrumors regular
Mar 2, 2012
183
14
Once the latest iPhone model is released, everyone buys it, then EVERYBODY and their mother tries to sell their old model iPhone the same time, thus flooding the market.

That's why I put mine up for sale the day before the 6/6+ were even announced at the keynote.
12 hours later it was purchased and then $500 started making its way into my account. I always jump ahead of the competition as to avoid the flood. As a result I never have problems selling mine. I also ALWAYS keep the original box and the headphones remain UNTOUCHED as including brand new headphones increase resale value as well as making your sale posting more appealing. I always include chargers/data cables as well.
 

TRC-WA

macrumors regular
Sep 26, 2014
199
0
Got my 6+ on Friday, sold the 64GB 5s that evening on Craigslist.

$450 cash to a guy upgrading from the 4s.

I had to decline a few lowball $375 offers till I got the offer I wanted. Wasn't worried about it selling so I didn't hesitate to tell the lowballers to go buy a 16GB.
 

moldy lunchbox

macrumors 6502a
Sep 9, 2010
603
91
Raleigh, NC
Sold my 32GB 5S gold for $420 a couple days ago. Got my 6 for $300 and pocketed the rest. Why wait a month? You can just leave your ad up for as long as it takes to get a satisfying offer, if you plan on waiting a month you might as well have the ad up.
 

CEmajr

macrumors 601
Dec 18, 2012
4,377
1,138
Charlotte, NC
Well since you're using Craigslist there's no reason not to just list it now. You can wait until you get an acceptable offer before you actually agree to the sale.
 
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