Are you thinking about upgrading your old iPhone to a newer generation model? Are you not tied to any mobile operator in the U.S. and wish to find out when to trade in iPhone to get the best price? It might be perfect to sell your old smartphone right now because it could be less expensive soon [even though AT&T is planning to raise its iPhone activation fee in August].
iPhone trade in value will begin dropping by 10% this fall. Such predictions are made by NextWorth that analyzed information from eBay platform where a lot of sellers offer their used handsets, both locked and unlocked.
iPhone resale value is higher if your gadget is unlocked. In case you haven’t done this yet you can order quick distant SIM factory iPhone unlock for AT&T, Verizon, Sprint and T-Mobile. The service is not free however it is so affordable that you will be happy to earn more money for the old device than you could with the locked handset.
Apple is expected to officially launch new-generation iDevice sometime in September or October and this is the main reason why the cost of older gadgets will decrease. Besides a lot of users will start selling their older devices hoping to get some money for the iPhone 6S or 6S Plus purchase. The higher supply of previous gen models will definitely affect the trade in values and make the prices drop.
Experts think that if you decide to wait for holiday season and resell your device in November or December you could possibly lose 30 percent of your iPhone secondary market cost. In other words you could earn more if you resell the device in August 2015.
For example, right now it is possible to sell iPhone 6 at $380 while its cost could decrease to $250 by the end of the 2015 year.
This is just an example of what you might get if you hurry and sell the old model before everyone else starts doing the same thing.