It’s that time of year again. Although it’s a few months later than previous years, all of the pre-iPhone launch festivities have begun. We’ve seen blurry spy shots, several glimpses of leaked parts and cases, and heard countless rumors.

Now, all that is left is for Apple to announce the media event. But as we get closer to the iPhone 5 unveiling, folks are pondering what do with their soon-to-be-old iPhones. Well, if you plan on selling your iPhone 4 online, you may want to do that in the near future…

It’s essentially the circle of life in the world of Apple gadgets. A new device purchase is usually justified by selling off its older model to recoup the cash. And naturally, people take to sites like eBay and Craigslist to handle the task.

But BGR is reporting that if you are planning to sell your old iPhone, you better act fast. Based on research done by electronics recycler NextWorth, the value of iPhones decrease as much as 15% immediately following an announcement of new models.

Those looking to sell the iPhone 4 specifically online might have an even tougher time, as there have been countless rumors of a low-cost, updated version of the device coming this Fall.

What do you plan on doing with your old iPhone? Selling it as an unlocked device always helps.

  • Dodgerdeezy

    I’m just going to eat my iphone4

    • Ken

      You can blend it and eat.

      • Joel

        Tastes good with a side of wasted cash receipts

  • Ken

    If new iPhone is not as good as iPhone 4 (every new devices can’t perfect).
    There is reason not to sell the iPhone 4 now.
    Price maybe go up after new phone come out.

  • Rod

    Already sold my iphone4 a month I have been using The Moto ATRIX with fingerprint recognition from Android I like it but ill get the iphone5 when its available with the $500 I made by selling my iphone4 on time…..

    • Mike

      Why would anyone pay $500 for a used iphone4? They might as well bought a new one. You dupped them;)

      • Ethan

        Well, I sold mine for $580 (32GB)

      • ic0dex

        I sold a black one 16gb for $450

      • Craig

        There are some seriously dumb people out there, personally i’d rather pay more and have it brand new than buy 1 that some spotty noob has been fiddling with for months, no matter what condition it was in to look at, you are right though, $500 for a second hand1 when you can buy a brand spanker for not much more.

  • afra33

    just sold mine 😀 i was surprised that someone would pay that much for a one year old phone!! basically 150bucks less than what i paid for! crazyyy!! especially since the iPhone 4S is around the corner!

    anyway, I’m back on my old Nokia E71 and thinking about buying a Nexus S as a spare for times like these..

  • Rich

    I dont sell my old phones. I like having back ups. If i only had lne, and it broke i’d be screwed. Depending on how long it’ll take me to get a new one in the mail, or if i need time to get the money together.

  • Josh

    “Source: eBay” LOLOLOLOL

  • jgr627

    Sold it a few weeks ago on craiglist 32gb iPhone 4 for $400

  • Chuck

    I sold it for $500

  • Scaredy Shrrom

    i sold it for over nine thousaaaaaaaaaaaaaaaaaaaandddddddddddd…………………. african currency.

  • Donotsellyet

    Do not sell cause untill ios5 jailbreak comes out people will still pay $400+ for an i4 I just sold in late july an all white 32gb 4.3 i4 on eBay for $618 when the i4 came out I sold my 32gb 3GS for $380 and when the 3GS came out I sold my 3G for $425 and also sold my first gen for $345 don’t listen to this site people are buying them off eBay left and right and have been for years!

  • Donotsellyet

    Sold i4-$610 in July 2011
    3GS-$480 2010
    3G – $450 2009
    1G- $340 2009
    All on eBay sell when you are ready just sell before 9/12 for best profit

    • Craig

      $610 for an iPhone 4, what mug bought that haha

  • DraG0N

    Sold it for $480 used unlocked 16gb iphone 4

  • frances cunnigham

    Now that the iPhone 4S has a better antenna, I’m kissing my iPhone 4’s death grip goodbye. I checked out the offers for an iPhone 4 32G Verizon in mint condition and here’s what I got: $268 (Cash for iPhones), $204 (Gazelle) and $250 (Totem). Will definitely sell mine to the actual top bidder. So excited to see how Siri will blow my mind!

  • wherwel

    Can’t help but give in to the 8 megapixel camera of the new iPhone 4S. I’m ditching my iPhone 3GS 16 GB for $171. I can’t believe that Cash for iPhones is offering me this much considering that my device is OLD. Turns out that iPhones do have a high resale value compared to other smart phones – I’d say it’s worth the money I spent 2 years ago!

  • hanna

    Cash for iPhones is offering me $294 for my iPhone 4 16GB AT&T but I’m thinking if I should sell it on eBay and put up with the waiting. Pre-order starts already and I’m hoping for quicker cash. I wonder which option is faster in terms of getting rid of my old iPhone?

  • Charlie

    Looks like prices went down since I looked when I ordered my iPhone 4S. Just sold mine to for $249 which was a good deal for me.

  • Anonymous

    We can sell our iPhone and replace it with a better smartphones 😉