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rgr555

macrumors 6502
Original poster
Mar 8, 2012
274
0
I know in NYC a lot of people get paid to wait in line to flip them.

So, regarding the new iPhone 7 coming out, will you make a good profit if you pre-order online and then resell it on eBay? I'm not condoning this behavior or encourage it but I want to know.

What have previous releases shown to sell on eBay?
 

EDH667

macrumors 65816
Nov 25, 2009
1,033
274
Northern California
I believe that may have been true a few versions ago, but lately there hasn't been as much of a demand. I believe there were a lot of flippers during the release of the iPhone 6s that ended up returning the phones because they couldn't make enough to cover the eBay/PayPal/shipping costs and still make a profit to make it worth it to purchase extras to sell. Also there is a possibility that the buyer is going to be a flake and file a claim within 6 months and then you end up with a returned used phone that will also eat into your profits. The practice doesn't make sense to me, too much risk for very little profit.
 
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44267547

Cancelled
Jul 12, 2016
37,643
42,517
Sell on EBay and find out the buyer filed a claim stating they never received the iPhone, then your funds and account is locked, the buyer keeps the iPhone AND gets their money back, while your out the funds and the product, all while the buyer is laughing ready to fraud the next seller.

Good luck on EBay!
 

Dirtydutch

macrumors 6502a
Sep 19, 2015
685
571
Jerseyyy
I believe that may have been true a few versions ago, but lately there hasn't been as much of a demand. I believe there were a lot of flippers during the release of the iPhone 6s that ended up returning the phones because they couldn't make enough to cover the eBay/PayPal/shipping costs and still make a profit to make it worth it to purchase extras to sell. Also there is a possibility that the buyer is going to be a flake and file a claim within 6 months and then you end up with a returned used phone that will also eat into your profits. The practice doesn't make sense to me, too much risk for very little profit.
Yea man the 6 seems like it may be one of the last to ensue such demand. It's like Jordan's now, the market is just flooded
 
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