WHERE TO SELL / TRADE IPHONE 5, 6, 6+ FOR THE BEST PRICE
UPDATE: New iPhone details released!
On September 9, Apple is expected to announce the new iPhone 6S and 6S Plus.
If you are planning to upgrade, now is the best time to sell or trade in your current iPhone. After the new models are released, the current models will drop in price. I have a phone to upgrade so I did a little price shopping to find the best price. The best part is that many of these companies let you lock in the price today and send in your phone after you get your new phone.
TRADE IN / SELL
14 15 different companies and found the overall most convenient and best prices for the iPhone 6 and 6Plus were from third-party recyclers which will pay you cash the most cash. Many of these companies will allow you to lock in a price now and then send in your phone after your new iPhone 6S arrives. If you don't mind store credit, Amazon will give you a very good price.
To get the highest price, you'll need to list it for sale on eBay or Swappa.com but you won't be able to lock in the price today. While selling on eBay could fetch a higher price, there is a wide range of prices and may involve more hassle than most people are willing to deal with (have you ever had a person try to scam you?). Take a look some of these crazy prices on eBay: $35,000 for a non-working iPhone 5S, $21,500 for an iPhone 6Plus, and $15,500 for a 1st generation iPhone. Don't be fooled – these tend to be fake bids with both buyers and sellers being brand new/fake users.
I found the best prices offered by iCracked.com, Buybackworld.com, and Gazelle. If, however, you have a mint condition phone and are willing to deal with eBay, that's where you will get the best price (don't forget the fees you will have to pay).
I suggest avoiding the big box retailers. They are offering store credit for your trade in but the amount is much lower than the cash amounts from other companies. Would you rather have $447 cash or $435 Target store credit?
The prices will fluctuate and drop after the iphones are released, so lock in your price today! Worst case, you just don't send in the phone. Apple does not currently accept trade ins of the 6 and 6 plus.
Here is a chart of the best and worst iPhone 6 and 6 Plus prices (both 16GB, grey color, good condition).
Here is a chart of the best and worst iPhone 5S (Virgin) and 5S (Verizon) prices. I searched for the 32GB, grey color, good condition models. Some websites do not have a specific listing for Virgin so I had to choose the closest.
|Store||5S Virgin||5S Verizon||iPhone 6||iPhone 6+||Payment||Notes|
|eBay.com||$250||$250||$400||$500||Cash||After fees and possible hassle|
|iCracked.com||100||185||400||430||Prepaid Debit Card||Local tech comes to you.|
|BuyBackWorld.com||192||192||390||447||Cash||Free shipping kit|
|Gazelle.com||60||201||387||441||Cash||Best Price Guarantee|
|maxback.com||140||177||372||417||Cash||30 day price lock.|
|nextworth.com||0||172||370||430||Cash||30 day Price Lock|
|glyde.com||0||213||390||450||Cash||Like eBay, you are listing it for sale.|
|iPhoneAntidote.com||200||200||350||350||Cash||Free shipping kit|
|uSell.com||138||201||322||352||Cash||Free shipping kit|
|swappa.com||0||310||430||510||Cash||Like eBay, but no seller fees.|
Which company will you use?