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Disappointed in iPhone 6+ Resale Value

You'll always recoup a smaller percentage of the original retail price for the larger capacity phones vs the minimum 8gb or 16gb version. $100 retail price jump between hard drive capacity upgrades are difficult to pass along in resale value.
 
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hovscorpion12 said:
Ebay is your second best option. I always start my products at $0.99. 90% of the the time I get $100-$200 profit from what I originally purchased. I'm selling my 6 Plus to my friend for $1,200 compared to the 128GB full price of $1,026
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Why would your friend pay over $200 above the market value for last year's phone!? He could wait a day and buy a 128GB 6S Plus new.

EDIT: Sorry, Hovscorpion12 - I just read your various explanations about how you arrived at that cost, and the additional items included. I retract my question.
 
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sartrekid said:
I think it's unimaginable for us that there are people out there who haven't a clue about gadgets and their costs. But the numbers are probably much higher than we can fathom. But yes, anyone buying something should at least do a small search on pricing, that's the least anyone can do. Basing a buying decision on "trust" doesn't seem like a good idea. At all. In any case, I have a tiny weeny bit of sympathy for naivety and absolutely zero for conning. :/
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I do have to say, though, that I would never expect a friend to con me, or even to try to con me! That would be a one-time relationship fail.
 
617aircav said:
The problem with swappa is PayPal. For whatever reason the buyer can decide to return the item within 45 days. Not taking that chance.
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45 days?? That is horrible - and what about Swappa - they are the middleman, shouldn't they play a role to take care of the seller as well?
 
617aircav said:
As long as you are paying through PayPal the buyer can request to return the item.
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It's up to 120 days max for a chargeback. Ridiculous when buying from a retail company the max is 14 days if using the long distance selling rule.
 
dogg said:
It's up to 120 days max for a chargeback. Ridiculous when buying from a retail company the max is 14 days if using the long distance selling rule.
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That is what scares me. Imagine someone trying to return a phone you sold 30 days ago. Just ridiculous.
 
if anyone wants to sell their iPhone 6 plus 64GB. do let me know i want to buy thanks
 
FriendlyMackle said:
Why would your friend pay over $200 above the market value for last year's phone!? He could wait a day and buy a 128GB 6S Plus new.
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The poster stated later that he had included some accessories, watch bands, and the like in the $1200 package; and his friend set the price. The total deal was probably a steal for his friend as all the stuff included could MSRP for double what he actually paid. Not really a profit, unless you base it solely on the cost of the phone and don't consider the price paid for the accessories.
 
Cool Pup said:
You will never get back what you paid for on anything unless it's a return or an item that is severely rare or out of print. Not to mention that the timing of this was very poor planning to say the least. A lot of buyers now are smarter about values and the information behind the product you're selling.

I remember back when the Plus was new I actually made money on my model I sold, remember this was back when the phone was brand new and eBay had a surplus of phones being sold for thousands of dollars. The value dropped a whole lot months later when people were feeling a little bad about what they bought (not used to phones that big, for example).

Anyway, if you want to make profit on your phone you need to sell it closer to its launch date and when it's in high demand.

Only "losing" that much money isn't that bad at all, really. 500-600 is expected unlocked for a phone a year old this close to the new one releasing.
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Exactly - when I bought my 5 used on Amazon (via an individual seller), I paid $500 - which for a phone in perfect condition and on my network was a fair price. This is just after the 5S was released (within 3 weeks of). I got a mint condition phone 64GB (at that time the highest capacity) and well worth the wait. My next upgrade was the 6 Plus new last year.

I would like a 6S Plus...but I don't need to upgrade this year. And, at least for me, switching to an intermediate phone in order to bring in the cash would just be a major pain. I have a busy month and I'll be traveling out of the country in early October. I can't afford to not have a good phone.
 
dogg said:
It's up to 120 days max for a chargeback. Ridiculous when buying from a retail company the max is 14 days if using the long distance selling rule.
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I guess that I have been really lucky with the two phones I sold on ebay - an iPhone 4S and a Galaxy Nexus (my one recent foray in Android...shudder, what an awful phone and experience). Both phones sold quickly, and I did not have any problems with the buyers. I also sold my iPad 3 on ebay. Likewise, no problems, and I got fair prices for all of those sales. What I did not like were the high fees for both ebay and Paypal! Altogether, I think it was around 15+% (that is just from memory; not exact!).

As someone earlier mentioned, I always review the sales completed for the past week for devices which I am going to sell -- before I list my price (usually somewhere in the middle - I may make $20 less, but it will sell faster). And, I always have used the "Buy It Now" button. In the case of a phone on the brink of a new release, I think only the last 3 days should be a good reference.
 
bhayes444 said:
The poster stated later that he had included some accessories, watch bands, and the like in the $1200 package; and his friend set the price. The total deal was probably a steal for his friend as all the stuff included could MSRP for double what he actually paid. Not really a profit, unless you base it solely on the cost of the phone and don't consider the price paid for the accessories.
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Yes, I read his correction posts much later - I was reading forward in the forum posts. lol, sometimes I start at the end -- last 2-3 pages; then head to the front. Probably should have done that this time. :)
 
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inboxer said:
You'll always recoup a smaller percentage of the original retail price for the larger capacity phones vs the minimum 8gb or 16gb version. $100 retail price jump between hard drive capacity upgrades are difficult to pass along in resale value.
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Yep, 100 is just ridiculous. You'll alway lose out when selling the larger capacity phones.
 
I don't know how it is in your market but in mine a iPhone 6 Plus 128GB is selling for anywhere from 700-800 depending on which carrier. I was looking to sell to upgrade but I am thinking to wait as I bought on day 1 so I can wait till next year and then sell when the iPhone 7 comes out and I can sell a month before as I have a backup basic phone to rely on.
 
I don't bother selling my iPhones. I'll be getting the iPhone 6S+, and give my iPhone 6 to my sister. She inturn will give her iPhone 5S to her son.
 
I`m keeping my 6+ as a back up and will sell it when the 7 comes out and I will use the 6s+ as a back up. The money I get for the 6+ will pay off any EIP I have when the 7 comes out so I can put that on EIP. I`m used to the larger screen and dont enjoy android so I saw no point in buying a "burner" phone to use for 2 months, when the price I pay for that would = to the amount of resale value drop when I sell my 6+ next yr.
 
Nevaborn said:
Your conplaining that your only getting $650 back on an $850 investment after 12 months of depreciation a week before the new model is announced.

I would jump at that price! It will drop once new models are announced and even more so when they are accessible with decent stock levels.
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Correction: the 128gb 6 plus sold for nearly $1000 new, not $850
 
puma1552 said:
I always wonder what kind of fool pays 75-90% of the original price for a 1+ year old used phone? Seems like a huge waste of money IMO
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I've never really understood this, either. When I've looked into used phones in the past, the economics never seemed to make sense -- the savings weren't big enough to make it worthwhile buying an out of warranty phone that's been in someone's butt pocket for a year.
 
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Adelphos33 said:
I purchased a full priced, unlocked iPhone 6+ from Apple this past February. I had heard for years that it made more sense to buy full price and go off contract with carriers because you could always resell iPhones for close to what you bought them for. Unfortunately, Gazelle, eBay and Craigslist seem to be pricing my phone from $500 to $600 when i paid $850 for it. I plan on buying the 6S or 6S+ next week, so I will really just be funding my upgrade. In addition, AT&T doesn't have discounted plans for off contract users. I may even just do AT&T Next.
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Never expect to get a decent value from a gazelle type of service. They offer a convenient way to get some cash for your old device, but they low ball big time.

Sell on ebay, craigslist, or my new favorite - Amazon seller central. If you get $600 for your $850 device, thats very good. Go ahead and try to do the same with any android device, and you'll see why people say the iphone resale value is so high. It is.
 
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Its the same fools who consistently buy used goods on ebay for £1 less than the new price.

eBay is full of muppets (and scammers)
 
mpavilion said:
I've never really understood this, either. When I've looked into used phones in the past, the economics never seemed to make sense -- the savings weren't big enough to make it worthwhile buying an out of warranty phone that's been in someone's butt pocket for a year.
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Someone just bought my mint VeriZon 128gb 6 plus for $610. It was a check of a deal for him.
 
I want an iPhone 6 Plus gold 64Gb unlocked to at&t. If anyone wants to sell please pm me. Thanks
 
MuGeN PoWeR said:
if anyone wants to sell their iPhone 6 plus 64GB. do let me know i want to buy thanks
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I have a 128gb I will be selling from Tmobile.


Side note. So is Swappa not the move? I heard good things, I usually would do Ebay or Craigslist, Ebay kills you with their Fees.
 
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