Trade In iPhone For Cash, How to Get the Most Money For You

Apple has been releasing a new iPhone model every year. There’s always a new and better model in town and as such, it can be tempting to ditch your old phone for a new upgrade. However, sometimes the “old phone” might actually be in good condition. Well, you don’t need to throw it away. You can trade it in and get cash to help fund the purchase of a newer model. You can also use the cash for whatever reason not necessarily for buying a new phone. read this article for how to Trade In iPhone For Cash to get more money for you.

Here are a few options to go for:

Apple GiveBack

Apple GiveBack is a trade-in program designed to help customers offset the cost of buying a brand new iPhone. The program simply gives you store credit in exchange for your older iPhone model. The credit can then be used to buy a newer model. The challenge with using Apple Giveback to trade in iPhone for cash is that you won’t get real cash. In addition to this, only a small number of devices are eligible. It’s also likely that you won’t get a lot of credit either.

Trade In iPhone 7 For Cash

Trade In iPhone 7 For Cash. Via Mspoweruser.com

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Sell Through an Online Marketplace

The best way to maximize your return by selling your old iPhone is through an online marketplace. These are simply platforms online that connect iPhone sellers with potential buyers. There are a few advantages that you get with these marketplaces. First, you get to set your own price and negotiate from there. In addition to this, you will also get massive exposure to probably hundreds of thousands of potential buyers. This makes it easier for you to sell the phone quickly and raise the money you need. You just need to post an ad on these sites and wait.

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Check a Trade in Site

There are also websites that will buy your iPhone directly. These are not marketplaces where you find buyers on your own. The websites will simply buy the phone if they like it. There are quite a number of trade-in sites out there. They all have different prices for various models. Even though you can easily get a good deal, it will really depend on the condition of your iPhone. The cash is not going to be immediate. The sites will have to assess the iPhone after you send it in before they decide its worth. The biggest disadvantage with these sites is that you really don’t get the power to decide how much the phone is worth. If you are desperate, you may end up getting considerably less than you expected.

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Sell To a Friend

In case all the online trade in iPhone for cash options above seem too hard for you, perhaps you may be better off selling your device to a friend. It may be harder to find a buyer this way but you can easily negotiate a price that works best for you. However, this should be a last resort measure. It’s way harder to sell the phone using this option compared to the ones above.

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Post an Online Ad

The idea of using a marketplace to find a buyer is good but there will be some commission charged for the service. If you don’t want to pay that, there are ways you can explore to sell the iPhone online without going through a third party. This involves posting an ad online. Sites like Craigslist, eBay, and others could be ideal.

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When to Sell Your iPhone

You can trade in iPhone for cash anytime you want. It’s really up to you. However, if you want to actually maximize the amount of money you get, there are a few things you need to know. Traditionally, iPhone trade-ins will fetch better prices if they are done way before new models are launched. In essence, you need to be well aware of when Apple is launching new models and try to sell your phone at least four months before then. This is because a lot of trade-in sites will offer you even 20% less of what the phone is worth when you try to sell a few weeks or days before the new models are out.

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What if the iPhone is Damaged?

A lot of potential buyers will insist that they want an iPhone that is in good condition. However, you may still be able to get some money out of a damaged phone but not from all the options above. For example, if you are selling to a friend or an individual online, it’s highly unlikely they will want to buy a damaged phone. Some trade-in services will still buy a damaged phone but they will give you considerably low offers. The same also applies to the Apple GiveBack program.

Trade In iPhone For Cash: iPhone 5s, iPhone 6.

Trade In iPhone For Cash. Via Imore.com

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What to Do Before You Sell

Before you sell your iPhone, there are also a number of things you will need to do first.

  • Back It Up – The last thing you want is to lose important data with the old iPhone. We are talking about contacts, videos, apps, and photos here. Make sure they are all backed up.
  • Wipe It – Wiping an iPhone simply erases all the content and all the settings. Just go to the Settings app on your phone, tap General, and then hit Reset. You will get the option “Erase All Content and Settings” click “OK” and you are done.
  • Don’t Forget the SIM Card – Although this is something you don’t need to be reminded, there are many people who leave their SIM cards behind when they sell their phones. Don’t make that mistake.
  • Turn Off Find iPhone – Find iPhone is a security feature that protects your device against theft. If it’s not turned off when the iPhone is sold, no one else will be able to use the device or even reset it. Just hit the “Settings” app, go to iCloud, tap “Find My iPhone” and toggle it off.

Trading in your iPhone for some extra cash is easy. There are many options to explore but be advised that the amount of money you get back significantly varies from one buyer to another. Hope this article about the Trade In iPhone For Cash can help you to get more cash. Feel free to leave here your comment and share this post!

 

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