IPhone 5 resale value

Discussion in 'iPhone' started by Scorpion008, Oct 16, 2013.

  1. Scorpion008 macrumors member

    Joined:
    Sep 28, 2013
    #1
    I bought a 16gb black iPhone 5 for $480 from a guy who was upgrading to the 5s. He got it as an apple care replacement, and it is apparently brand new (not a refurb), but didn't come with any box or accessories (any new ones from apple at the replacement). He then gave me the original box, lightning cable, wall charger, and sealed earphones. So, did I beat the going price for these goods? And, next year when the iPhone 6 comes out, how much can I expect for my iPhone 5? Thank you for all the help in advance!
     
  2. mcdj macrumors G3

    mcdj

    Joined:
    Jul 10, 2007
    Location:
    NYC
    #2
    You overpaid a bit. I sold a 64gb Genius Bar replacement brand new, with unused EarPods and the original box for $450. I couldn't get $500 for it anywhere.

    No telling how much you can get exactly for it next year, without know what condition it will be in. Figure around $300.
     
  3. rgctx macrumors regular

    Joined:
    Apr 12, 2012
    #3
    What ? :eek: You should of been able to get more.

    I just sold a iPhone 4 16GB with knicks here and there for $240, that was with box and accessories.

    Guess it all depends when and how you sold it.
     
  4. Ramio macrumors 6502a

    Ramio

    Joined:
    Sep 13, 2011
    Location:
    Houston, TeXas
    #4
    I think you overpaid by about $50-80 but hey whatever, just enjoy it. Next year I think it will be worth about $300.
     
  5. WolfSnap macrumors 6502a

    WolfSnap

    Joined:
    Sep 18, 2012
    Location:
    SoCal
    #5
    I sold my 64gb iPhone 5 (genius bar replacement) for $650....
     
  6. rgctx macrumors regular

    Joined:
    Apr 12, 2012
    #6

    You can get a 64 GB 5 on eBay right now from $490-600 NEW, depends on whats listed. I seen one thats new in sealed box sold for $470.
     
  7. scoop2mylue macrumors 6502a

    scoop2mylue

    Joined:
    Sep 8, 2010
    Location:
    Indiana
    #7
    with them discontinuing the 5 i wasn't holding onto mine for another year i feared the price would go down big time so i had to sell mine for the best pricing
     
  8. Dave Felix macrumors 6502a

    Dave Felix

    Joined:
    Apr 9, 2011
    Location:
    Scranton, Pennsylvania
    #8
    I too have an iPhone 5 and want to sell next year. I'm hoping to get at least 275.
     
  9. joeshmo2010 macrumors 6502a

    Joined:
    Jun 25, 2009
    Location:
    Seattle, WA
    #9
    Yikes, you undersold... but maybe that's just how it is in your market. Sold mine, 32gb, unlocked and a couple months old, for $540. Also has applecare.

    OP- I think you may have overpaid by about $80. BUT, that's just how it would be priced in the PNW. Prices here are moderate-high.
     
  10. Scorpion008 thread starter macrumors member

    Joined:
    Sep 28, 2013
    #10
    Could you sell me your 64gb iPhone 5s next year? :D
     
  11. CBSubliminal macrumors 6502

    CBSubliminal

    Joined:
    Oct 10, 2012
    Location:
    Florida
    #11
    Sold my iphone 5 16gb at and t slate for 360 mint condition.
     
  12. CEmajr macrumors 601

    Joined:
    Dec 18, 2012
    Location:
    Charlotte, NC
    #12
    I sold my iPhone 5 32GB black unlocked with the box and a brand new set of accessories for $500 in craigslist yesterday. Only took about 6 hours after I put the ad up. I was honestly surprised. I listed $525 as the asking price but was fully ready to let it go for $450 or even $425 if it lingered long enough.
     
  13. scotrinaf macrumors 6502

    Joined:
    Oct 6, 2013
    Location:
    Blountville, TN
    #13
    I just purchased 2 - 32gb iPhone 5 phones, both came with original boxes and accessories, I paid $350 for 1 and $395 for the other...
     
  14. Scorpion008 thread starter macrumors member

    Joined:
    Sep 28, 2013
    #14
    Condition?
     
  15. mcdj macrumors G3

    mcdj

    Joined:
    Jul 10, 2007
    Location:
    NYC
    #15
    I had an ad here on marketplace for a cash transaction in NYC. I also had an ad on Craigslist and didn't even get any email from scammers.
     
  16. Scorpion008 thread starter macrumors member

    Joined:
    Sep 28, 2013
    #16
    Well, in Ontario, Canada, you could have made a lot more.
     
  17. scotrinaf macrumors 6502

    Joined:
    Oct 6, 2013
    Location:
    Blountville, TN
    #17
    Excellent, no scratches, minor wear on sides. :)
     
  18. g4manimac macrumors 6502

    Joined:
    Jan 22, 2013
    Location:
    Arkansas
    #18
    Sold mine on launch day for $375 mint with generic cable and headphones,Yes I took a little loss on it but was just ready to get rid of it.With it being a new phone you didn't get hurt too bad on it does it have any known warranty? Now as to the value next year that's gonna be a hard sell at $300 (possibly) so I would just take care of it but like I said price wasn't too bad for a new one plus you wanted one right? That's what matters in the long run and it being brand new is a big plus so u don't gotta look at some little scratch on it and wonder how u would feel about the purchase had it not had that little scratch LOL j/k have fun with it the black and slate 5 is my favorite color yet
     
  19. epphllps macrumors 6502

    Joined:
    Mar 13, 2011
    Location:
    West TN
    #19
    Sold my slate iPhone 5 16gb for $480 with original accessories and a seidio surface case. Thought that was a great selling price as most were going for cheaper. It was as mint as a phone can get without being brand new, though.
     
  20. scotrinaf macrumors 6502

    Joined:
    Oct 6, 2013
    Location:
    Blountville, TN
    #20
    I just sold an unlocked 32gb iPhone 4S with Otterbox and cables, original box, etc. for $375 on eBay, so you should easily get $425-$450 for a good iPhone 5...
     
  21. Kendo macrumors 68000

    Joined:
    Apr 4, 2011
    #21
    I bought a used 64GB for $450 and thought I got an awesome deal. Don't know where people are getting these $500 to $600 figures from. I wouldn't dream of going higher than $400 for a 32GB and $450 for a 64GB.
     
  22. donkeycrushr macrumors member

    Joined:
    Sep 2, 2013
    #22
    About a month ago I bought a mint black 32gb att iphone 5 for $400.
     
  23. StephenAndrew macrumors member

    Joined:
    Dec 12, 2009
    Location:
    Connecticut, USA
    #23
    I sold my 64GB 5 last week for $450 on Craigslist. It had some nicks and scuffs on the edges, but nothing major. Had all accessories and box included. I probably could have fetched more on eBay, but after fees and such I think I made out better on CL.
     
  24. aneftp macrumors 601

    Joined:
    Jul 28, 2007
    #24
    Depends on timing

    Depends on supply/demand of local Craigslist

    Depends on condition of the phone

    Last those with Apple Care. AppleCare does have inherent value worth about $30-50 residual value.
     
  25. lawlbringer macrumors regular

    Joined:
    Sep 23, 2012
    #25
    I'm trying to sell my 16GB AT&T white 5 for close to $500 since it has AppleCare+ and is pretty much like new condition. No bites yet. :(

    The dude I bought my 5s from said he sold his for $450 which for this area sounds about right.
     

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