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Is now the time to sell my iPhone 4?

A

Anthony T

macrumors 65816
Original poster
Jul 10, 2008
1,021
132
Since the announcement is allegedly happening next week, should I sell my iPhone 4 now?

I want to buy a GoPhone to use in the meantime. I bought a micro SIM adapter from eBay...will that work in a GoPhone? And will AT&T give the buyer of my iPhone their own micro SIM?
 
How much of a difference are people really expecting? I think a mint condition iPhone 4 will sell for $50 less at most after the next iPhone release. If I do sell mines, it won't be until after release.
 
Anthony T said:
Since the announcement is allegedly happening next week, should I sell my iPhone 4 now?
Click to expand...

It doesn't really matter when you sell it. I doubt resale value will change much whether you sell it now or a month after the event. If you wanted to maximize what you got, then you should have sold a while ago.
 
LIVEFRMNYC said:
How much of a difference are people really expecting? I think a mint condition iPhone 4 will sell for $50 less at most after the next iPhone release. If I do sell mines, it won't be until after release.
Click to expand...

$50 less?

Take a look on eBay for price expectations:

http://www.ebay.com/ctg/Apple-iPhon...3A2%7C39%3A1%7C72%3A5216&_trksid=p3286.c0.m14

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wordoflife said:
It doesn't really matter when you sell it. I doubt resale value will change much whether you sell it now or a month after the event. If you wanted to maximize what you got, then you should have sold a while ago.
Click to expand...

not really much for now, but the price dropped much after the next iPhone launched.
 
Are you supposed to take your micro SIM out of the phone when you sell it?
 
Anthony T said:
Are you supposed to take your micro SIM out of the phone when you sell it?
Click to expand...

Yes, you keep the SIM card. The buyer will use their own.

How much the iPhone 4 drops in resale depends on the rumored 4S. If the 4S turns out to be real, is an upgrade from the 4, and only costs a few hundred new, unlocked and working on all carriers, it will likely destroy the resale market.
 
TM WAZZA said:
lol
Click to expand...

Be nice! :D


Anthony T said:
Are you supposed to take your micro SIM out of the phone when you sell it?
Click to expand...

Yes! You must take your sim card out and do a complete restore of the phone. Make sure you have a backup so all your stuff is saved or the iPhone 5. Pretty sure there is a article somewhere here on MR about what to do before selling if you want more details.
 
Anthony T said:
Are you supposed to take your micro SIM out of the phone when you sell it?
Click to expand...

Plug your iPhone into iTunes, hit "backup" then hit "restore" (and set it up as a new device ... it will give you this option).

Remove the SIM, and it's ready to be sold.

When you get your new iPhone, just click "restore from backup" and your iPhone should be where you left off from. (unless you want to start over)
 
The day the next iPhone is showcased the value of the iPhone 4 will plunge quickly.

You can still sell it for a good price today, and leading up to the event.
 
I would sell it now since waiting only a week (rumoured) to hear about the next iPhone isn't too bad of a wait. Plus, you should make a decent amount off your phone now, so if you don't like what the next iPhone brings, you can buy someone else's mint condition iPhone 4 with little to no loss for you. Just make sure to do what others said and backup, restore, and remove sim before selling. Good luck with whatever you decide to do.
 
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