iPhone 4 Upgrade

Discussion in 'iPhone' started by jshelton, Jun 9, 2010.

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  1. jshelton, Jun 9, 2010

    jshelton macrumors 6502a

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    #1
    I bought my 3GS in June 2009. My 2-year contract obviously expires in June 2011.

    So I can extend my AT&T contract for 2 additional years, pay an $18 upgrade fee, and get the new 32GB iPhone for $299?

    That sounds too good to be true, because I can sell my current 3GS for at least $500. I would be making money by getting the new iPhone.

    Is this all correct?
     
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  2. maflynn, Jun 9, 2010

    maflynn Moderator

    maflynn

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    #2
    Sounds nearly correct, but are you sure you can get 500 bucks for your 3GS.
    Is it unlocked/jailbroke? You realize that everyone and their brother will be doing the same, thus the supply will go up driving down the price.

    Also I was not aware that AT&T released the prices for the iPhone 4, so the 32GB one is going for 299.
     
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  3. actorkid, Jun 9, 2010

    actorkid macrumors 6502

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    #3
    FYI, I don't know if you'll be able to pull 500 bucks for your 3GS. I just sold my 16 gig 3GS jailbroken with an invisible shield and some jailbroken apps for 370 yesterday on ebay. After fees and stuff, I profit about 120 bucks after getting a new 16 gig iPhone 4 for 199.

    So yes, it is possible to profit by doing this (I don't know why anyone wouldn't do this...unless they are completely attached to their phone), but I don't know if you'll be getting 500 dollars for it unless you sell it with some enticing extras
     
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  4. jshelton, Jun 9, 2010

    jshelton thread starter macrumors 6502a

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    #4
    Not sure about the prices for the iPhone 4. I just assumed the price points would stay the same. You are right about the supply though.

    I was just shocked a few months ago when I got $425 for a 32GB 3GS that had been dropped in water. It worked, but there was no warranty because the moisture sensors were triggered.

    I figured if I could get $425 for that, I should be able to get at least that for a perfect condition 3GS with almost a full year warranty left.
     
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  5. elephunkman, Jun 9, 2010

    elephunkman macrumors 65816

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    #5
    That was a few months ago, things are changing rapidly since more people are aware of the new iPhone.
     
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  6. Opstech, Jun 9, 2010

    Opstech macrumors 6502a

    Opstech

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    #6
    Hate to break the news to ya, but you will pay more for the iphone 4 than you think. On the updated site it says it will give you a discounted price. Not the full discount of the iphone. You'll most likely pay 80% of full retail for the new iPhone because you just got the 3gs iphone
     
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  7. Revelation78, Jun 9, 2010

    Revelation78 macrumors 68000

    Revelation78

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    #7
    That may be the case, but with the higher ETFs you won't see iPhone 4s going for a low price. Right now on eBay you paying $900+. So to get $400-500 for a 32GB 3GS is very likely.
     
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