I'm amazed at the prices people are willing to pay

Discussion in 'iPhone' started by Denny Crane, Jul 16, 2008.

  1. Denny Crane macrumors member

    Denny Crane

    Joined:
    Jul 8, 2007
    Location:
    Alabama
  2. Ferris23 macrumors 68020

    Joined:
    Sep 24, 2007
    #2
    Really? After all the gaming consoles that have sold for 4 times their worth, your surprised a cool ass phone can fetch a profit?

    People will pay big for what they can't get themselves.
     
  3. ucfgrad93 macrumors P6

    ucfgrad93

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    Aug 17, 2007
    Location:
    Colorado
  4. dino01 macrumors member

    Joined:
    Jul 21, 2007
    #4
    really how much are they going on average for both 8gb and 16 gb.


    i have a 8gb one and would love the white 16gb onr and if i can sell it at a big enough profit to to mnost of the other contract off i might be able to convince a mate to take out the contract for me.
     
  5. Denny Crane thread starter macrumors member

    Denny Crane

    Joined:
    Jul 8, 2007
    Location:
    Alabama
    #5
    There were bids of $750 and up (with hours left to bid) on the black 16GB. The white one seems to be getting a bit of a premium over that.
     
  6. dino01 macrumors member

    Joined:
    Jul 21, 2007
    #6
    ah right im in the uk so i was mainly after uk auctions , sorry shold of mentioned that
     
  7. madrag macrumors 6502

    Joined:
    Nov 2, 2007
    #7
    when I read the subject I thought you were talking about the price of the plans offered by the operators...
     
  8. davem7 macrumors member

    Joined:
    Jan 9, 2007
    #8
    Some people are making a whole heap of money, that's for sure. There's one going for about £560 at the moment for the 8gb version, so that's a tidy £461 profit assuming it doesn't go up even more. Not a bad idea to upgrade and sell it if you're happy with the first gen :)
     
  9. BOSS10L macrumors 6502a

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    Jan 13, 2008
    Location:
    Upstate NY
    #9
    Fixed it for you. :)
     
  10. harodude macrumors regular

    Joined:
    May 7, 2007
    #10
    LOL

    I am amazed too..
    I cut this one guy a deal on an 8 gb friday afternoon! $600 cash, but shoot.... There werent any ebay listings yet, so I didnt really know what to charge!


    Later that night, I sold 2 white 16 gb... and made $1400 cash off craigslist buyer. He was ecstatic and his main reason to buy the white ones.. Unlock and sell one, and keep one for himself HAHAHHA




    OMFG.... i could have made a whole nother grand that day!!!
     
  11. jakeacc macrumors regular

    Joined:
    Jan 28, 2008
    #11
    I'm not that surprised. There are people who are a lot richer than you and I who can afford to spend an absurd amount on a product without the hassle of waiting in line. (or even leaving their home)

    If I was filthy rich, I would be doing the same thing for the iPhone 3G. My verizon cell phone died last night so I need to get a new phone ASAP. Can't find a 16 GB black iPhone in any of the local stores.
     
  12. eplchamps0304 macrumors 6502a

    eplchamps0304

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    Jan 31, 2008
    #12
    Not everyone paying these prices are rich. Some are just foolish.
     
  13. eplchamps0304 macrumors 6502a

    eplchamps0304

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    Jan 31, 2008
    #13
    Have these phones even been unlocked yet, i dont think so. I hope they all get bricked on another network.
     
  14. Hls811 macrumors 6502a

    Hls811

    Joined:
    Apr 19, 2004
    Location:
    New Jersey
    #14
    I sold my 16GB iPhone on eBay the day before the 3G's were officially announced last month and got $705 for it (plus shipping) - the guy was in Belgium and they were previously unavailable there.

    EDIT: Opps.. just saw you guys were talking about 3G's.. My bad!
     
  15. offcamber macrumors 6502

    offcamber

    Joined:
    Jun 30, 2007
    Location:
    USA
    #15
    I'm a bit surprised that the grey market is working so well on 3G iPhones.
    I thought you had to have a plan (USA/AT&T) tied to the phone under your name or you could not buy one?
     
  16. Hls811 macrumors 6502a

    Hls811

    Joined:
    Apr 19, 2004
    Location:
    New Jersey
    #16
    I guess if you go and buy a new 16GB iPhone and sign up for the 2 year contract, that would be $299 + $70 (first month) + $35 (activation), right - so thats $404.. Then you go and sell the iPhone on ebay (Without the SIM) for $1000, you've just made nearly $600.. then cancel the plan in the allocated time that you're allowed to and just pay the ETF ($175, or is it $105 since you already paid the first month) - either way - you'd still be making around $400 per phone - and if you do it to a family plan I think you can buy 3 or 4 phones at a time..

    I guess if you take the time and effort to do it, its well worth it.
     
  17. Loonytik macrumors 6502a

    Loonytik

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    Jun 2, 2008
    #17

    Cancelling the contract also has a detrimental effect on your credit score. Keep that in mind.
     
  18. w00tini macrumors 6502a

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    Feb 28, 2008
    #18
    yes these phones have been unlocked. 2.0 was jailbroken a few days ago
     
  19. eplchamps0304 macrumors 6502a

    eplchamps0304

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    Jan 31, 2008
    #19
    I meant unlocked not jailbroken.
     
  20. mctrees02 macrumors member

    Joined:
    Feb 11, 2008
    #20
    No it doesn't. Not paying your ETF could potentially hurt your credit. If you open an account, pay the balance in full, and then close the account...it can't hurt you in the least bit. I guess the only way you're hurt is by having your credit report pulled.
     

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