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Good time to sell EDGE iPhone?

T

twodollars

macrumors member
Original poster
Oct 17, 2007
55
0
With the imminent release of a new iPhone this summer I'm wondering if now is the best time to sell my 4GB before a new model is announced. The prices for used 1st gen iPhones are still extremely strong and I think I can get nearly what I paid for it a over year later. I'm on prepaid (no credit when the phone came out, all carriers wanted $400+ deposit) but I can now switch to a contract.

Don't want to get rid of it now though if the price goes up after the new phone like what happened last year.
 
I'm going to be selling my alum. iPhone as well. Are you putting yours on Ebay?

I think I'm going to wait until I get my hands on the new one before selling... I'm dreading using the cheap motorola spare I have stashed away during the interim...
 
Yes, ebay.

I just came back to northern Indiana for a short time from Colorado where ATT is great. Here it's fairly poor in the rural areas where I am so I have no reason to spend $85 a month and watch the value of the phone plummet in two months. I'd much rather use a $20 samsung and spend $30 on barebones service. Although two months might be all I could handle of that...
 
It probably is a good time to sell. I think they will lose value since they won't have some of the new 3.0 features and until it is released a lot of people who don't follow Apple's every move won't know.

However, I think I will just keep mine for app development and backup.
 
AiralynRose said:
It probably is a good time to sell. I think they will lose value since they won't have some of the new 3.0 features and until it is released a lot of people who don't follow Apple's every move won't know.

However, I think I will just keep mine for app development and backup.
Click to expand...

You shoulda sold it a long time ago. When the 3g model came out, i sold my edge iphone for 550 dollars on craigslist. Dont know how much you can get for them now.
 
I also kept mine.
Use it for listening to music and have put in a "pay as you go" sim card and use it as second phone in places where I don`t want to carry my 3G phone.
 
Mine will be my main phone until November. :D
I'm happy with it. I'll keep mine to decorate my room / app development. :rolleyes:
 
Wirelessly posted (iPhone: Mozilla/5.0 (iPhone; U; CPU iPhone OS 3_0 like Mac OS X; en-us) AppleWebKit/528.18 (KHTML, like Gecko) Version/3.1.1 Mobile/7A280f Safari/525.20)

I'm personally not sure if it is the right time to sell. For a person who wants an iPhone like yours, i think their aim would be because it is cheaper to buy, service is a bit cheaper with 3G, and that they like the iphone's original look.
Also, I don't think you will totally get full value for it unless you are lucky and you have the phone in absolutely perfect condition.
I gave my old iPhone to my father, and he loves it very much.
Good luck! :)
 
Next Tuesday said:
You shoulda sold it a long time ago. When the 3g model came out, i sold my edge iphone for 550 dollars on craigslist. Dont know how much you can get for them now.
Click to expand...

I bought it off a friend for $250 whenever the 3G came out. At the time I thought I would have to be on a contract all by myself, which would have been at least $80 on 2G and over $100 for 3G. However, a week later my boyfriend decided to get the 3G and another one of our friends so we now have a family plan and it is cheaper per-person. But I didn't have any reason to upgrade to the 3G, so i was just waiting for the new one.
 
I'm getting a new iPhone this summer, but I want to keep my old one just in case something happens to the new one. If you're to loose the new one, it'll cost a lot of money to have it replaced... Probably more than you'll make on ebay.
 
I've seen 2Gs still sell on eBay (one in particular with a cracked screen) for $750. Seriously. I guess if its another person's money then they can bid whatever they want, but Jesus.
 
Roessnakhan said:
I've seen 2Gs still sell on eBay (one in particular with a cracked screen) for $750. Seriously. I guess if its another person's money then they can bid whatever they want, but Jesus.
Click to expand...

The bidder wont pay. Its scammers that bid stuff up like that.
 
Yah it's a scam. I had to put my dad's up twice because some guy didn't respond after winning.

In general I would put some restrictions on who can bid. Usually the people with 0 or 1 rep, or just joined are bad news.
 
I would sell it relatively soon (based on the theory a new version will come out soon). Just like supply and demand; once there is a huge dump of the EDGE phones on ebay when the next version is released, the EDGE supply goes up, and the demand and price fall.

If you are not confident a new version will come out soon, then you might want to keep it.
 
I'm likely going to sell my 3G when the next model comes out (depending on how good the improvements are), but I can't bring myself to do it pre-emptively and be without a phone. Not sure what I'll get for it, but the phone is in excellent condition. I'm really just hoping to offset the subsidy that AT&T won't give me on the new phone since I'm only a year into my contract. Maybe I can do even better than that.
 
What's your hurry? Look on the AT&T 3G coverage map. A very tiny area of the U.S. has 3G coverage. There will still be many who only need a 2G iphone.
 
bigchief said:
What's your hurry? Look on the AT&T 3G coverage map. A very tiny area of the U.S. has 3G coverage. There will still be many who only need a 2G iphone.
Click to expand...

No so, I have 3G EVERYWHERE! GA, TN FL, CA everywhere my 3G has been as had 3G. But back on topic:

When I last looked about a month ago, on craigslist where several original EDGE aluminum iPhones for $150-$200. So, yeah, I wouldn't sell it cuz your gonna get raped. I'd just keep it has an iPod.
 
andreab35 said:
Wirelessly posted (iPhone: Mozilla/5.0 (iPhone; U; CPU iPhone OS 3_0 like Mac OS X; en-us) AppleWebKit/528.18 (KHTML, like Gecko) Version/3.1.1 Mobile/7A280f Safari/525.20)

I'm personally not sure if it is the right time to sell. For a person who wants an iPhone like yours, i think their aim would be because it is cheaper to buy, service is a bit cheaper with 3G, and that they like the iphone's original look.
Also, I don't think you will totally get full value for it unless you are lucky and you have the phone in absolutely perfect condition.
I gave my old iPhone to my father, and he loves it very much.
Good luck! :)
Click to expand...

I think the main reason people still have to buy the 2G is to unlock it. 3G unlock still ain't perfect, unlike the 2G unlock which is really effortless and easy. That's the only reason I would (and did) buy a 2G iPhone.
 
Macman756 said:
When I last looked about a month ago, on craigslist where several original EDGE aluminum iPhones for $150-$200. So, yeah, I wouldn't sell it cuz your gonna get raped. I'd just keep it has an iPod.
Click to expand...

I sold mine two weeks ago for $350 unlocked. I still like the aluminum more than the plastic.
 
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