Get an Extra $62 by Timing the Sale of Your Old iPhone
With an iPhone 6 announcement anticipated for next Tuesday, and because the launch of a new iPhone model traditionally causes major depreciation in old iPhone pricing, uSell.com, an online marketplace for used gadgets — examined data from thousands of used iPhone sales on its platform following the 2013 iPhone product launch. iPhones are the most popular-selling smartphones on uSell.com. Notable findings include:
* 2 weeks after a new iPhone launch, old iPhones lose about 11% in value.
* 4 weeks after launch, old iPhones depreciate about 15%.
* 6 weeks after launch, old iPhones depreciate about 18%.
* By week 7, old phones are worth about 21% less.
However, by locking in a sale price before an upcoming iPhone launch (many platforms like uSell.com offer 30-day price guarantees), consumers can substantially increase the value of their old phones:
* iPhone 5s: Potentially worth $62 more (compared to 7 weeks after launch)
* iPhone 5c: Worth $44 more
* iPhone 5: Worth $42 more
Sell Your iPhone:
To proceed with usell, got to their Website, select your device, and usell will show you the best offers from their network of trusted, professional buyers.
Sell and ship for free:
– Accept a cash offer and usell will send you a pre-paid shipping kit with tracking included. There are no hidden costs to sell and no extra hassle to ship.
Get paid:
Choose PayPal or check. Your buyer will issue payment within five business days of receiving your device. For your peace of mind, usell will send you email updates every step of the way.
There are no selling fees, shipping costs or haggling at uSell. As long as you send in the correct device in the condition that you quoted, the price you see on uSell is what you’ll get paid. Usell requires buyers to initiate payment within five business days of receiving your device.
usell notes that a savvy consumer could lock in a sale price before the iPhone launch, but then wait to ship their old phone until right after they get their new model.
For more information, visit:
http://www.usell.com/index.htm
