Updated: Trade-in your old iPhone for a shiny new iPhone 5
Note: This is an update from a previous post in light of today’s iPhone 5 unveiling; values have also been updated.
The next-generation iPhone launched today and some trade-in values are already slumping by $50 or more, so now is the absolute last minute to start exchanging those soon-to-be old models to earn some extra cash for the new iPhone 5. 9to5Mac compiled a list of reliable places to help you trade an ‘ole dusty iPhone for cash or credit—up to $460 in some cases!
Online gadget resellers are experiencing a huge smartphone trade-in surge, as we reported yesterday, but they warned 9to5Mac that today’s attractive prices would not maintain with the iPhone 5 shipping in less than two weeks.
Gazelle, which is one such website that noticed the ballooning amount of trade-ins, said it witnessed a 1,550 percent increase in Web traffic following today’s Apple announcement.
“We’ve had around a 75 percent increase in offers presented since yesterday,” Gazelle Chief Gadget Officer Anthony Scarsella told 9to5Mac. “Last year, prices declined 25 percent in the week following the announcement. We expect something similar to this.”
Before browsing the options below, take a moment to identify the condition, features, and model of the swappable iPhone. This will help determine its potential value, because most online programs use a survey to calculate the iPhone’s estimate. Moreover, it is prudent to act now, as retailers will likely drop their prices as the launch date draws nearer.
Check out the top 10 trade-ins list below.