T

To get the most money out of your iPhone, start selling now!

iphone5e

With Apple’s iPhone 5S announcement to occur in under a month, the time to sell your iPhone is now.  According to the CMO of NextWorth, Jeff Trachsel, the iPhone values decline by 15% to 20% in the 6 week period prior to the launch of the next Apple iPhone.  Take a look at the graph below.

As the date gets closer for the company to make the new iPhone announcement, the value of your older iPhones will start to go down.  Currently, iPhone 5’s are going for anywhere from $350 to as much as $500. The iPhone 4S pricing is normally around $300 or so now.  As for the iPhone 4, it usually goes for $200 these days.  Most of these pricing that I’m mentioning are from eBay and Craigslist.

You could also head over to Best Buy to trade in your device and get yourself a Best Buy gift card that will contain the money you could use to upgrade to the newer iPhone.  Best Buy is always accepting trade-ins, as I myself traded in several devices in order to get my iPhone 5 out-of-contract.

One thing to note is that if Apple does indeed announce the iPhone 5C, which so far it seems like they will, the value of previous iPhone may drop even more.  So don’t waste time and start selling off your old iPhones to save up for newer one.

nw

Hamza Khalid

Hamza Khalid is the Lead Editor at The Jolt Journal. You're more than welcome to follow him on Twitter and follow The Jolt Journal on Twitter and Facebook. If you have any questions, concerns, or need to report something in this article, please send our team an email at [email protected] This story may be updated at any time if new information surfaces.

At The Jolt Journal, no one tells us what to write or how to write it. This is why, in the era of lies and bias, readers turn to an independent source. Rest assured, all information on our website is free of any bias or influence. If you see anything wrong with a story, please don't hesitate to reach out. We do our very best to report on the latest available information.

Leave a Reply