How much will a first gen iPhone be worth after June?

[juanm]

Hi!

I'm thinking about getting an iPhone. I only use my old tiny screen Nokia to call and send messages, but I had a touch for about two weeks and loved when I could go on the internet via wifi, so I'm thinking about getting two iPhones (one for my gf, one ofr me) when the Second Generation iPhones are announced, as many people will try to sell their current ones. (unless they add GPS, in which case I'll get an old one and a new one)

How much do you think an 8~16GB iPhone will cost second hand, in mint condition after the new ones are available? With the €/$ exchange rate, they will certainly be cheap!

In other words, to those who own one, and plan to sell them, how much will you ask?

 

[Michael CM1]

I'm not selling mine, but I would probably try to get $300 for this 8GB model. I got it for $250, so such a sale would rock if I could afford a new one.

 

[JBaker122586]

I'll probably try to sell mine for around $300 when the new iPhone comes out.

 

[drchipinski]

I think they will be sub $200. Apple will lower their price, plus you will have hundreds of thousands all selling them which will lower the demand and lower the price. Just a thought.

 

[juanm]

mmmh... 125~150€ certainly sounds good!

My nokia has a tiny screen with lots of dead pixels... and my girlfriend's phone (an old Samsung) lacks its battery cover, randomly shuts off, and takes a minute or so to launch whatever it works on.

I can't wait for the 3G iPhone!

 

[arkitect]

I think they will be sub $200. Apple will lower their price, plus you will have hundreds of thousands all selling them which will lower the demand and lower the price. Just a thought.

I think you are right.

All those $300+ prices are far too optimistic/unrealistic.
As you say there probably will be a flood of 2nd hand 2st gen iPhones on the market.

 

[MattyK]

when 3g comes out
go outside
scoop up some dirt in your hand
sell it and buy an iphone 2.5g with that money

 

[juanm]

Funny thing: they'll go for about the same as the iPod Touch!