Buying a financed iPhone on eBay safe?

Discussion in 'iPhone' started by ACGary, Sep 25, 2016.

  1. ACGary macrumors newbie


    Sep 25, 2016
    Atlantic City, NJ
    If I buy an iPhone on eBay and it is financed and the seller fails to make payments can the iPhone be blacklisted? Can a Verizon iPhone 7 on AT&T be shut off by the carrier so it doesn't work? It looks like there are so many iPhones for sale on eBay and how many of those sellers are not going to make payments or have bought the iPhone outright?
  2. noisycats macrumors 6502a


    Jun 1, 2010
    The 'ham. Alabama.
  3. RootBeerMan macrumors 65816


    Jan 3, 2016
    If they are still paying on it, it just sounds like an all around bad idea. I would imagine that, if they stopped making payments, or failed to pay it all off with your money, then it could be blacklisted. It would also open up all kinds of questions about who actually owned the phone, too. I'd avoid that like the plague.
  4. yankeebobo macrumors regular


    Mar 7, 2014
    Somewhere in my head
    Oddly this is about the 4th time I've read cases like this.

    The rule is the seller should own the item being sold outright. Phone, computer, car, etc. Run, don't walk, from deals like this.
  5. JayLenochiniMac macrumors G5

    Nov 7, 2007
    New Sanfrakota
    Do you know for sure the iPhone you're interested in is being financed, or are you merely assuming they're financed because there are so many of them?
  6. Relentless Power macrumors Penryn

    Relentless Power

    Jul 12, 2016
    eBay, selling anything Apple products is a bad idea. To many people want to fraudulently skew the transaction.
  7. Ds6778 macrumors 6502a


    Sep 9, 2016
    Verizon and AT&T do not blacklist due to non-payment. Tmobile and Sprint do. The only way an AT&T phone or Verizon phone can be blocked is a false insurance claim or reported stolen. I still wouldn't recommend it but I have a strong feeling a lot of verizon iphone 7's on eBay are being financed.
  8. Applejuiced macrumors Westmere


    Apr 16, 2008
    At the iPhone hacks section.
    It's a risk for sure.
    You never know for sure.
  9. areyes163 macrumors 6502


    Jun 15, 2012
    I can tell you that Verizon most definitely does as I have run into this not that long ago. If your still paying on the device it is not yours until you pay it off. So if you stop making payments Verizon will blacklist the device. I seen it first hand.
  10. Ds6778 macrumors 6502a


    Sep 9, 2016
    They must have changed their policy within the past month or so. They used to just send you off to collections, they couldn't care less about the phone.
  11. pdxmatts macrumors 68000


    Jan 12, 2013
    Portland, OR
  12. Thor_1 macrumors 6502a

    Sep 18, 2016
  13. csmith1289 macrumors member


    Oct 10, 2014
    AT&T definitely does blacklist for non payment as well (former employee). Also, it is a very bad idea to buy one on eBay that is being financed. Steer clear!
  14. Sparkymoto macrumors regular

    Sep 26, 2014
    Don't do it, don't trust eBay, I lost $750
  15. Ds6778 macrumors 6502a


    Sep 9, 2016
    As was I, never heard of it.
  16. Mr_Killjoy Suspended


    Sep 19, 2016
    But through Swappa instead, and use paypal for added safety.
  17. Ds6778 macrumors 6502a


    Sep 9, 2016
    The thing is, I don't think swappa tells you if it's financed through ATT and Verizon... so it'll show that's is clear won't it?
  18. Sparkymoto macrumors regular

    Sep 26, 2014
    Better to buy a phone that isn't tied to a contract
  19. Givmeabrek macrumors 68040


    Apr 20, 2009
    It will show clear even thought it's financed. But it is in violation of Swappa's terms of service.
  20. macmee Suspended


    Dec 13, 2008
    Was just going to say - it makes no sense to blacklist the phone when they can instead sell the debt off to collectors and recoup a marginal amount instead of taking the full loss.
  21. Stevessvt macrumors 6502

    Jul 2, 2010
    There's only 2 ways a phone can be blacklisted. Non payment. And being stolen.
  22. uwdude macrumors 6502a

    Jul 16, 2014
    Just to be clear for people researching old threads for this, sorry to resurrect, but the real story is that the carriers themselves don't blacklist for non-payment. What does happen is that the insurance company Asurion (and T-Mobile has a similar named one like Assurant) does blacklist if it's reported stolen or lost and the person gets another phone from an insurance claim.

    Then when the new owner of the old phone finds out the phone has been shut off, the carriers don't like to tell people that their phone has been reported lost or stolen like you're accusing a customer of being a thief, so they will tell people that the previous owner did not pay. They also like perpetuating this myth to help discourage people from selling phones. But in the end they don't care as far as their books are concerned, they sell the debt off to a collection agency and on average end up getting something. Who it does matter to, is the insurance company.

    Now because of this, keep in mind that this can happen EVEN with a paid off device. Basically whether the device has payments or not doesn't even matter in a transaction. What matters is whether that seller will turn around and do an insurance claim. That's why these sites like Swappa are safer, is because people are a lot less likely to do an insurance claim if some site has their info and can come back to them if the phone stops working.
  23. geoff5093 macrumors 68020


    Sep 16, 2014
    Dover, NH
    The carriers will definitely blacklist phones. This has nothing to do with the insurance of lost/stolen phones (although that can happen and is a different situation all together), this is when a customer is financing a phone with or without insurance, and once it sells they stop making payments. The carrier will then blacklist that phone from at least their network, possible others.
  24. noobinator macrumors 603


    Jun 19, 2009
    Pasadena, CA
    If you aren't buying a phone from the manufacturer or well known trusted retailer/reseller then you are always at risk of blacklisting no matter how many precautions you take.
  25. snow755 macrumors 65816


    Sep 12, 2012
    Do not buy anything on eBay if your going too buy. A phone do it on swappa safer

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