When should I sell my iPhone 5S?

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

  1. DarkSel macrumors regular

    Joined:
    Dec 22, 2012
    #1
    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.

    Thanks.
     
  2. iceterminal macrumors 68000

    iceterminal

    Joined:
    May 25, 2008
    Location:
    Dallas Tx.
    #2
    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

    Joined:
    Jul 3, 2013
    #3
    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

    Joined:
    May 16, 2011
    #4
    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

    cyks

    Joined:
    Jul 24, 2002
    Location:
    Westchester County, NY
    #5
    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

    Joined:
    Oct 21, 2012
    Location:
    North Carolina
    #6
    Seriously? This early? Let people enjoy their phones.
     
  7. Ghostbusters, Oct 30, 2013
    Last edited: Oct 31, 2013

    Ghostbusters macrumors regular

    Joined:
    Nov 12, 2012
    #7
    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

    Joined:
    Oct 25, 2013
    #8
    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

    Givmeabrek

    Joined:
    Apr 20, 2009
    Location:
    NY
    #9
    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....

    :confused:
     
  10. techstyle macrumors member

    techstyle

    Joined:
    Jan 18, 2013
    Location:
    Bay Area
  11. ROLLTIDE1 macrumors 65816

    Joined:
    Sep 12, 2012
  12. Samanosuke macrumors 6502

    Joined:
    Mar 21, 2013
    #13
    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

    yg17

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

    aziatiklover

    Joined:
    Jul 12, 2011
    Location:
    8.8.8.8 and 8.8.4.4
    #15
    I usually sell my iphones 1 month or 2 before the warranty expire which apple usually announce the newer model.
     
  15. bigjim83 macrumors 6502

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

    Joined:
    Dec 22, 2012
    #17
    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

    aziatiklover

    Joined:
    Jul 12, 2011
    Location:
    8.8.8.8 and 8.8.4.4
    #18
    I sold my ip5 black 16GB 2 months before the announcement and I got $580 for it.
     
  18. creativedogmedia macrumors 65816

    creativedogmedia

    Joined:
    Jun 26, 2011
  19. g0odfr1end102 macrumors 6502

    g0odfr1end102

    Joined:
    Dec 5, 2010
    Location:
    Montreal, Canada
    #20
    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

    Joined:
    Jul 27, 2012
    Location:
    Hollywood, CA
    #21
    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 601

    Joined:
    Sep 7, 2010
    #22
    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

    Sdahe

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

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

    MICHAELSD

    Joined:
    Jul 13, 2008
    Location:
    NJ

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