Wow iphones still hold their value, 5s here I come.

Discussion in 'iPhone' started by spinedoc77, Sep 15, 2013.

  1. spinedoc77 macrumors G3

    spinedoc77

    Joined:
    Jun 11, 2009
    #1
    I kinda lost hope when I had my 32gb iphone listed for $495 for a couple of weeks and only had one email, I was assuming I'd have to go thru Gazelle and get $300. I dropped it down to $450 last Thursday and this weekend I had 10-15 emails, I just sold it for $450 and now with so many emails I wonder if I even undersold it a bit.

    Seems like it held value pretty decently, and this was AFTER the 5s/5c were introduced. Of course another theory is that a lot of people are thinking they can have almost the same exact phone without the fp sensor for $450 instead of $750.

    Very interesting, I wonder why no one bit at it at all before the 5s announcement, and after the announcement when I would expect no one would be interested is when I had a ton of interest.
     
  2. OneMike macrumors 601

    OneMike

    Joined:
    Oct 19, 2005
    #2
    Nice!

    Just have to hang in there. I leanred to be very patient. Just give it some time.
     
  3. oaktree macrumors regular

    Joined:
    Jun 26, 2013
  4. spinedoc77 thread starter macrumors G3

    spinedoc77

    Joined:
    Jun 11, 2009
    #4
    Yeah, a 32gb 5.
     
  5. ant1298 macrumors 6502

    ant1298

    Joined:
    Oct 17, 2011
    #5
    One of the reasons that iPhones retain there value is that Apple doesn't reduce it's price throughout the year (they even have rules on it). Whereas other phones don't have this and so as the new phone price drops the resale value of them drops too.

    It has its benefits and downsides for everyone.

    Anthony
     
  6. einmusiker macrumors 68030

    einmusiker

    Joined:
    Apr 26, 2010
    Location:
    Location: Location:
    #6
    because when they found out the 5s had really nothing new to offer (fingerprint sensor, come on) they made the smart decision to save $350 rather than waste it on a gimmick
     
  7. jbachandouris macrumors 68040

    jbachandouris

    Joined:
    Aug 18, 2009
    Location:
    Upstate NY
    #7
    I was planning on skipping the upgrade as well, but Nextworth.com offered a $451 trade in. I also have a pending offer of $440 from another source.

    So basically I can make about $20 on the deal.

    iPhone 5, 64GB White
     
  8. rockyroad55 macrumors 601

    rockyroad55

    Joined:
    Jul 14, 2010
    Location:
    Phila, PA
    #8
    Listed my 5 16GB for $380. Got 10 emails and texts overnight to sell it for 330. Gazelle is offering that same price but time is money and waiting around isn't something I like to do.
     
  9. spinedoc77 thread starter macrumors G3

    spinedoc77

    Joined:
    Jun 11, 2009
    #9
    How did you make $20?

    ----------

    Yeah that's my suspicion also. Fortunately for me the money I save on prepaid more pays for me to buy new phones every year and have cash left over.
     
  10. dave420 macrumors 65816

    Joined:
    Jun 15, 2010
    #10
    I also got a good deal selling a phone, which sealed the deal for me to purchase a new phone. I sold an iPhone 4 on craigslist for $150 that I had purchased over three years ago. The phone had some cosmetic defects or I could have gotten more for it.
     
  11. The Robot Cow macrumors 6502

    The Robot Cow

    Joined:
    Sep 12, 2012
    Location:
    Central California
    #11
    I sold my 32gb verizon ip5 for $600 on ebay a few months ago. Wish i didn't have to sell it :(
     

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