You have an old iPhone and don’t know what to do with it? Instead of selling it on Craigslist or eBay, you might want to consider trading it in at Amazon. The company’s new trade in program allows you to receive an Amazon gift card in exchange of your old iPhone, or any other device for that matter.

The process is pretty simple and straightforward too. Go to Amazon trade in page, select the device you want to trade in, print the label, ship it, and receive a gift card for the pre-determined amount…

You obviously get less than you would from selling your iPhone to a third party, but Amazon trade in program isn’t a bad deal either. For example, it will buy your old black 32GB iPhone 3GS for $242. Got an iPhone 4 to sell? You can get up to $480 for it. Not bad.

It’s interesting to see that AT&T iPhones get you more money than Verizon iPhones when traded in, which makes sense as a GSM iPhone can be used anywhere in the world, while a CDMA iPhone can only be used in fewer places.

Is that something you’d consider doing?

  • Daniel CG

    I might do that with my iPod touch 4 when the 5 comes out

  • Jacksparrow

    Blah worthless gift cards locked to bezos bank account. Keep using these ripoff buy back programs, sheep.

    • bc

      Worthless? Please explain. It’s my understanding that you can use an Amazon gift card to, you know, buy stuff on Obviously cash is better than a gift card, but worthless?

      • megatr0n

        exactly bc. wth u talking about jacksparrow?

  • SpideyRules

    These buy back programs don’t take into account jailbroken or unlocked, for which you can fetch much higher prices on eBay.

  • Tom

    I think the prices Amazon is offering for iPhones is much better than other trade in sites I have seen out here. They gave me more for a used 3GS than I paid for it new 18 months prior. Sure, you can likely get more selling on eBay, but you can also get more headaches from weirdo buyers on eBay too! The process was easy on Amazon, didn’t cost anything to send the 3GS to Amazon, and the giftcard is fine since I spend thousands of dollars on Amazon every year. I personally like their trade in program and may do the same with a couple of iPhone 4’s when the iPhone 5 comes out.

  • dabe

    IF your already planning on spending money on amazon it sounds like a good deal compared to othere resellers. As a small reseller myself with little overhead I pay more than the big online buyers, but I usually pay 160-220 for a 3GS, definitely not 242! If you like Amazon and don’t want the headaches of eBay (believe me there are plenty) its a pretty attractive offer. Stop stealing my business!! Lol

  • Those deals aren’t actually bad comparing to what gamestop does when you sell them your games. Even though is not of a bad offer, I am sure you will get more if you put it on ebay or craiglist.