Should I sell my iPhone 5 now or wait for a few months?

[marddin]

Seeing as how the iPhone is now discontinued. Should I sell my iPhone 5 friday after purchasing the new 5S or should I wait a few months for the value to possibly go up?

What do you think?

Thanks,
Martin

 

[omgitzv2]

Wait until next week when the 5s phones start popping out on CL.

 

[bdrake47]

Doubtful that values are going to go up. No one can give you a guarantee, but without something happening that defies basic tenets of economics, resale value of 5 will continue to drop.

Yes, it's a discontinued phone, but that doesn't make it's value go up anymore than my drawer full of StarTacs, Razrs, etc.

Even Amazon is taking trade-ins now. The market is getting really flooded and private sale prices have been slowly dropping.

There are several threads here on resale sites, seems to be a lot of opinions on which is better. Probably get a little more if you can sell on CL but there's also the 'hassle' factor.