When should I sell my iPhone 5S?

Discussion in 'iPhone' started by DarkSel, Oct 30, 2013.

  1. DarkSel macrumors 6502

    Dec 22, 2012
    How close to the iPhone 6 release date should I sell my iPhone 5S to get maximum resale value?

    Also, any precautions I should take before selling on criagslist? I don't want someone to run off with my phone like some of those horror stories.

  2. iceterminal macrumors 68000


    May 25, 2008
    Dallas Tx.
    I'll give you $1.65 right now for it. And if you're hungry, I'll buy you a taco too.
  3. Lucille Carter macrumors 65816

    Jul 3, 2013
    Good Grief!

    This must be a record for pre planning. :p

    You do not even know what the 6 will be like and your poor new 5S is on the block for sale.
  4. solo118 macrumors 65816

    May 16, 2011
    Wow some people really plan in advance.

    I would sell 1-2 weeks before the announcement, and use a backup phone until the new release.
  5. cyks macrumors 68020


    Jul 24, 2002
    Westchester County, NY
    The closer to a new release, the lower you can expect.

    Typically speaking, the general public doesn't follow tech sites, so you can usually wait until the invites go out for the next announcement. Once the next phone is announced, prices will plummet.

    Being safe on Craigslist is simple...meet somewhere public.

    I try to buy/ sell phones either in an Apple store or, at the very least, from the carrier so the phone can be looked over and activated.
  6. pikachu2k7 macrumors regular

    Oct 21, 2012
    North Carolina
    Seriously? This early? Let people enjoy their phones.
  7. Ghostbusters, Oct 30, 2013
    Last edited: Oct 31, 2013

    Ghostbusters macrumors regular

    Nov 12, 2012
    If you do believe in the greater fool theory, then definitely sell before the next annoucement. This may leave you without a phone for a while (unless you have a spare). I would recommend posting in July or August 2014 for max resale value, not September 2014. Waiting untiil the last minute won't necessarily give you the best mileage as non-tech sites eventually catch the iPhone buzz.

    #1 precaution is to meet in a public place when selling online to strangers. #2 is you can go with a friend. #3 is you can take their number (You may need to text them to find them when meeting in public too). Good luck!
  8. PicardsDome macrumors newbie

    Oct 25, 2013
    Sell it now for maximum profit! They are very hard to find!
  9. Givmeabrek, Oct 30, 2013
    Last edited: Oct 30, 2013

    Givmeabrek macrumors 68040


    Apr 20, 2009
    Yup, sell it now!!! Get a used dumb phone to tide you over!!

    Also plan now to sell the 6 on launch day. Stand in line for a day or two to get it early and sell in front of the store to double your money. Hang on to that dumb phone....

  10. techstyle macrumors member


    Jan 18, 2013
    Bay Area
  11. ROLLTIDE1 macrumors 68000

    Sep 12, 2012
  12. Samanosuke macrumors 6502

    Mar 21, 2013
    If you have to ask, you should probably sell it now... But on a serious note... Follow the jailbreak cycle, jailbreak it, unlock it make sure it's the most updated iOS for the jailbreak then sell it.
  13. yg17 macrumors G5


    Aug 1, 2004
    St. Louis, MO
    I'm outbidding this guy and offering $1.66 and a burrito.
  14. aziatiklover macrumors 68030


    Jul 12, 2011
    Location: and
    I usually sell my iphones 1 month or 2 before the warranty expire which apple usually announce the newer model.
  15. bigjim83 macrumors 6502

    Dec 14, 2011
    Sell it now. You will get maximum resale value!!
  16. DarkSel thread starter macrumors 6502

    Dec 22, 2012
    This is what I'm planning on doing.

    I just $800 on an unlocked 5S so I want to make sure I don't lose too much money when I sell it.
  17. aziatiklover macrumors 68030


    Jul 12, 2011
    Location: and
    I sold my ip5 black 16GB 2 months before the announcement and I got $580 for it.
  18. creativedogmedia macrumors 65816


    Jun 26, 2011
  19. g0odfr1end102 macrumors 6502


    Dec 5, 2010
    Montreal, Canada
    Prob now, since the stocks are so limited. I mean now. Now. NOW. Too late.

    C'mon, enjoy your phone, the iPhone 6 will be here in a year! :eek:
  20. AAPLinc macrumors 65816

    Jul 27, 2012
    Hollywood, CA
    Lol. This question is actually funny to me because I am going to sell my 5S for the 6. Usually I only like to upgrade every 2 years, and I swore to myself that I would wait for the 6, but I broke down and ditched my 4S for the 5S (will use 4S again temporarily when I sell 5S). Love the 5S but I have a feeling the 6 is going to be something really good.

    Anyways, if the 6 is being announced in October again, sell late August/early Sept. I would say a month + before announcement would yield the best profit. Try to sell before the masses catch a glimpse or hear about the new model.

    And people calm down, he is jumping the gun and already talking about selling a phone that some people haven't even received yet, but it is a decent question. I mean compared to some sh-t that's posted on here.
  21. joeblow7777 macrumors 603

    Sep 7, 2010
    Well, this is consumer society for you. Always thinking about the next purchase because what you bought today isn't good enough tomorrow.
  22. Sdahe macrumors 68000


    Oct 26, 2007
    San Juan, PR
  23. Jacob SMITH macrumors member

    Sep 24, 2013
    what a planning......?
    sell it now for maximum profit and wait for the next.
    it will come soon
  24. MICHAELSD macrumors 68040


    Jul 13, 2008

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