Some good news for iPhone users

[Bambino]

http://bgr.com/2013/10/10/iphone-trade-in-europe/

[Anonymous]

I give mates rates @fatboy.

[Anonymous]

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@Anonymous wrote:

It will be a quick and convenient way to get some cash for your old iPhone if you are in a hurry for the cash, but it will only be a fraction of what it's truly worth on the secondhand market.

When I sell my old iPhone's, I usually sell mine to a friend, he always buys my old iPhone.
What I do just before I sell it, is I look on eBay and see what the identical model, size, network unlocked model are making. I then normally sell mine for about £20 less than there making on eBay.

For example with my 32 gb iPhone 5 (which was network unlocked) in a like new mint condition. These at the time I was selling mine, were making between £420-£450 on eBay. I sold mine for £400.

I would advise anyone to do this, as eBay tends to be a good place to find what the secondhand market value is for them. At least after you have looked on eBay, you can see how much less you would be getting offered from Apple.

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Absolutely this!

You have your eyes taken out selling to any of these mobile exchange places or using trade in services, wouldn't touch them with a barge pole!

PS. You are still making more doing it this way as with ebay:

10% final valuation fee for electronics

Paypal charge once you receive the payment

Postage charges

So for a £450 phone on ebay they only clear about 380-390!

[Anonymous]

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@Anonymous wrote:

---

@Anonymous wrote:

It will be a quick and convenient way to get some cash for your old iPhone if you are in a hurry for the cash, but it will only be a fraction of what it's truly worth on the secondhand market.

When I sell my old iPhone's, I usually sell mine to a friend, he always buys my old iPhone.
What I do just before I sell it, is I look on eBay and see what the identical model, size, network unlocked model are making. I then normally sell mine for about £20 less than there making on eBay.

For example with my 32 gb iPhone 5 (which was network unlocked) in a like new mint condition. These at the time I was selling mine, were making between £420-£450 on eBay. I sold mine for £400.

I would advise anyone to do this, as eBay tends to be a good place to find what the secondhand market value is for them. At least after you have looked on eBay, you can see how much less you would be getting offered from Apple.

---

Absolutely this!

You have your eyes taken out selling to any of these mobile exchange places or using trade in services, wouldn't touch them with a barge pole!

PS. You are still making more doing it this way as with ebay:

10% final valuation fee for electronics

Paypal charge once you receive the payment

Postage charges

So for a £450 phone on ebay they only clear about 380-390!

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Yes defintely.

With ebay and Paypal, you've got to calculate in what you would be left with, if your iPhone sold for either it's reserve price, or it's buy it now price (depending on which option you had chosen) after the selling fees, final value fees, Paypal fees had been taken out. It's best to do this before you actually put it on eBay to see if it would give you more money than other methods. In fairness though, the postage charge is paid on top of the selling price by the purchaser, I never offer free P&P on anything I sell as the postage prices are getting really expensive now.

I've always been lucky enough to be able to sell my old iPhone to friends, rather than having to rely on eBay or other mobile phone exchange places.

[Anonymous]

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@Anonymous wrote:

---

@Anonymous wrote:

---

@Anonymous wrote:

It will be a quick and convenient way to get some cash for your old iPhone if you are in a hurry for the cash, but it will only be a fraction of what it's truly worth on the secondhand market.

When I sell my old iPhone's, I usually sell mine to a friend, he always buys my old iPhone.
What I do just before I sell it, is I look on eBay and see what the identical model, size, network unlocked model are making. I then normally sell mine for about £20 less than there making on eBay.

For example with my 32 gb iPhone 5 (which was network unlocked) in a like new mint condition. These at the time I was selling mine, were making between £420-£450 on eBay. I sold mine for £400.

I would advise anyone to do this, as eBay tends to be a good place to find what the secondhand market value is for them. At least after you have looked on eBay, you can see how much less you would be getting offered from Apple.

---

Absolutely this!

You have your eyes taken out selling to any of these mobile exchange places or using trade in services, wouldn't touch them with a barge pole!

PS. You are still making more doing it this way as with ebay:

10% final valuation fee for electronics

Paypal charge once you receive the payment

Postage charges

So for a £450 phone on ebay they only clear about 380-390!

---

Yes defintely.

With ebay and Paypal, you've got to calculate in what you would be left with, if your iPhone sold for either it's reserve price, or it's buy it now price (depending on which option you had chosen) after the selling fees, final value fees, Paypal fees had been taken out. It's best to do this before you actually put it on eBay to see if it would give you more money than other methods. In fairness though, the postage charge is paid on top of the selling price by the purchaser, I never offer free P&P on anything I sell as the postage prices are getting really expensive now.

I've always been lucky enough to be able to sell my old iPhone to friends, rather than having to rely on eBay or other mobile phone exchange places.

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Yeah good point on the P&P.  I did used to offer free P&P all of the time but it costs too much these days to justify that!

A prime example of the mobile exchange places taking peoples eyes out:

iPhone 5S 64GB Unlocked

WeSell for	£800.00
WeBuy for cash	£520.00

😮

£520, then sell it for more than the Apple shop!!

iPhone 5 32GB Unlocked

WeSell for	£535.00
WeBuy for cash	£310.00

£310!  Brand new sealed 5C is only £549 from Apple!

[MI5]

I think I read in a recent eBay T&C change that the final value fee is now based on the item cost + postage cost too - This is to encourage people to offer free postage (obviously you factor it in to the asking price if you can)......