Will the value of the original iPhone decrease after New Year's Eve?

Discussion in 'iPhone' started by lambo, Dec 24, 2008.

  1. lambo macrumors regular

    Jul 6, 2008
    Whenever the iPhone 3G unlock becomes official on New Year's Eve, will the original iPhone not be worth a lot anymore, money-wise?

    Just wondering because I have an extra iPhone chillin' and don't want to lose any money, but don't really feel like selling it at the moment.
  2. Auzburner macrumors 65816


    Apr 11, 2008
    Syracuse, NY - USA
    I wouldn't worry about it too much. If your willing to sell then the sooner the better, the value will be in decline for years and won't be this high again until it's a collectors item. It's your call. If you don't want to sell, then don't. It likely won't change the value of the first gen much because those who buy a 3G still have to sign a 2yr contract and first gen's for sale don't require a contract - I wouldn't worry about a change.
  3. TheMBC macrumors 6502

    Jun 14, 2008
  4. TheSpaz macrumors 604


    Jun 20, 2005
    The first gen iPhone didn't require a contract? Why would you buy brand new one back then (back when they were weren't unlockable)? You'd just have an iPhone with a screen saying to plug it into iTunes. Pointless.
  5. SFStateStudent macrumors 604


    Aug 28, 2007
    San Francisco California, USA
    Well, just last week they were selling refurb v1 4GB iPhones for $149, and then they were showing up on EB for $275-$375. So, I would think that they are still a valued item...
  6. iParis macrumors 68040


    Jul 29, 2008
    New Mexico
    Most likely if the value of the iPhone 3G goes up.
  7. showtime macrumors 6502

    May 10, 2007
    If anything the price if the iPhone 3G will go up now that it's going to be unlocked.
  8. Michael CM1 macrumors 603

    Feb 4, 2008
    Jesus Christ, people. READ.

    First gens for sale don't require a contract. In other words, those of us with the first gens selling on eBay and wherever aren't exactly AT&T. If I bought a 3G today, I would have to sign a new contract again, but I could still get the discount. The person buying my phone second hand wouldn't have to.
  9. MST macrumors 6502


    Dec 3, 2007
    Surrey, UK
    I've been thinking along the same lines, not because I want to sell but because I want to buy. I'd be surprised if we didn't see a drop in the value of the 2G, having said that I wonder how many 3G owners there are out there that don't have the 2.11.07 baseband [and so will be unable to unlock with yellowsn0w on NYE], and will they keep the price of the 2G high?
  10. CocoaPuffs macrumors 68010

    Aug 23, 2008
    First gen phone will become obsolete sooner or later. Eventually we will start seeing apps that require 3G or later hardware.

    I, too think it is safe to assume that 3G will increase value with unlock around the corner.

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