iphone 5 home button

As we prepare for Apple’s big media event on Sept. 9, many of us are wondering what to do with our old iPhone devices. You could give it to a family member, keep it as an emergency backup, or try to make a little money back off of your investment by selling it.

There are a number of ways you can sell your iPhone, whether it is on Ebay, Craiglist, or any number of gadget reseller websites. We’ve got a list of where you can get the most money for your much loved, but now outdated iPhone.

All of the examples below are based on a good condition, 16GB, Space Gray, AT&T iPhone 5, since many are likely to be upgrading out of a two-year contract. The amount of money you could receive for your model depends on a variety of factors, including size, condition, and whether it is factory unlocked.

Gazelle

Gazelle

Gazelle is a trustworthy online gadget-buying store. The company has made a name for itself as being convenient and simple to use. They don’t offer the most for your device, but they are also not picky with scratches, or even busted screens.

You can get an estimate right now for what your phone is worth, and even lock in the price so you can still receive that amount after the new model iPhone comes out. You have until Oct. 10 to ship the device. Gazelle will send you a box and even pay for the shipping. Right now, the base price for a 16GB iPhone 5 is $150, which is $50 less than what you bought it for brand new in 2012. You can even sell them a broken, non-working iPhone 5 for $70. Not bad for what is essentially a paperweight.

NextWorth

NextWorth

NextWorth is another reputable source for selling your old electronic devices. Much like Gazelle, you can sell your iPhone for a reasonable market resell price with free shipping. They offer slightly less than Gazelle, but you can lock in the quote for longer; up to 30 days. Plus, you can bring your old device to a NextWorth store inside a participating Target and receive store credit on the spot. Shipping is free, and you will be able to lock the quote price for 30 days.

Right now, NextWorth is offering $$169 for a 16GB iPhone 5, which is only about $30 less than what it cost brand new two years ago. Not a bad exchange. Even a broken screen will get you $101 and a non-working device will yield $50.

Apple

Apple

Apple now has a recycle program where you can turn in your old iPhone (or iPad, or computer) in exchange for a gift card that can be used at any Apple retail or online store. The company uses PowerON to determine the estimated market value of your device based on its model and condition. Just like Gazelle and NextWorth, PowerON will provide packaging and shipping so you can send it off with little effort.

You would think that Apple’s offer would actually be fairly low, but right now, you can sell your 16GB iPhone 5 for $225, which is actually $25 more than what it cost two years ago, brand new. The catch is that you can only exchange it for an Apple retail gift card and you can’t lock in the price early. The moment Apple announces the next generation of iPhone on Sept. 5, the price of the iPhone 5 will likely plummet.

  • Base price for a 16GB Space Gray AT&T iPhone 5: $225
  • The good: higher price than most other services
  • The bad: you get an Apple gift card (not cash); quoted price can’t be locked in
  • Check the value of your iPhone at Apple

Glyde

Glyde

Glyde is a sort of “buy it now” auction house for electronics. The program will estimate what your device is worth and allow you to list it for free. They will send you the appropriate packaging and shipping labels, which are factored into the price. Glyde then takes a 12% cut of the first $100 and 8% off of the rest of the final sale for fees associated with the service, but only if your device sells. Right now, a very good condition 16GB iPhone 5 (very little wear, no engraving, Lightning cable and wall charger included) sells for $229, of which you can keep $203. That is still more than you paid for it, even with the service fees.

Similar to Apple, the catch here is that you can’t lock in the price. After Sept. 9, the price is likely to fall well below what it is priced at today.

  • Base price for a 16GB Space Gray AT&T iPhone 5: $203
  • The good: shipping included (at a fee), higher price offered
  • The bad: you can’t lock in the quoted price
  • Check the value of your iPhone at Glyde

Amazon

Amazon

Amazon really wants you to get rid of your iPhone and exchange it for one of their gadgets, like the Fire Phone. You could pretty much trade your 16 GB iPhone 5 for a 32 GB Amazon Fire Phone for the same amount of money. Right now, Amazon will buy your iPhone for $199 if it is “like new,” which is practically impossible with a two-year-old phone (they want it to be in re-giftable condition). However, you can still get $181 for an iPhone 5 in good condition. Even an “acceptable” iPhone is worth $143 to Amazon, but they won’t take non-working devices.

The catch here is that you can only exchange your iPhone for an Amazon gift card. I know you think you could easily spend that much on Amazon, but you’d be surprised at how difficult it is when you have so many possibilities. Another catch is that you can’t lock in the price, which means it will not be worth nearly as much after Sept. 9.

Craigslist

Craigslist

If you’ve collected an assortment of accessories that you think makes your iPhone 5 worth more than the market value for just the device, you may want to try selling it on Craigslist. The peer-based site offers a wide variety of prices and packages. The sky is the limit. You can set your own price based on what you see is the market value in your area and include any and all compatible accessories you think will help make yours stand out.

In my neighborhood, a 16 GB iPhone 5 is selling on Craigslist for around $250 – $300 on average. The price goes up for unlocked phones and accessory packages. Depending on what you want to sell, you could make a decent profit. However, your iPhone 5 is not going to be worth as much once the new models are announced, so you’d have to sell it before Sept. 9. Plus, selling on Craigslist can be a real hassle sometimes. People say they will meet you at a certain time, but stand you up. You’ll always get that guy who wants to haggle the price with you. It isn’t exactly convenient, but you can set your own price. For some, that may be worth it.

  • Base price for a 16GB Space Gray AT&T iPhone 5: depends on your area
  • The good: you set your own price; potentially get more from any other service listed here
  • The bad: you have to deal with Craigslist lowballers
  • Put your iPhone up for sale on Craigslist

Are you replacing your current iPhone with the newest model this year? Are you planning on selling your old one? If so, how do you plan to sell your iPhone?

  • Al

    I’ll like to heed caution to those getting iPhones off Craigslist.

    There are plenty of trading hands from stolen iPhones.. not only are you looking to check if its iCloud locked. But the iPhone could be blacklisted as well from a stolen iPhone.

    Ask plenty of questions. And do not exchange hands until you feel confident about everything.

    • felixtaf

      To check blacklists and stolen phones, you can use checkesnfree DOT com. I have been using it for few years and it was quick, free and accurate. All you need is ur phone with internet and the IMEI of the phone you are buying.

      To check iCloud lock, reset the phone in front of the seller and try to activate with your ID. Make sure you have tethered data in ur phone.
      Or
      Go to settings – iCloud and try to see if its attached to any ID and turn off find my iphone.

    • ReanimationXP

      I’ve also had an iPhone literally stolen out of my hand in broad daylight in front of several cameras. Thieves are fearless these days. I’d perform your transaction at a police station, airport, or somewhere else with law enforcement in close proximity.

      Be safe. If anyone isn’t willing to do this it’s unlikely they’re trustworthy.

  • Justin Mahone

    UK Links? Except Amazon of course

  • James

    There was never a Space Gray iPhone 5. Only a Black&Slate model

  • Linton Findlay

    will be selling my 64gb 5s on ebay next year 😛

    • abdullah575

      you stupied half price !!

      • felixtaf

        You must be stupid. Used iPhone 5 16GB still sells for ~400$. Thats not bad after 2 years!!!

      • Linton Findlay

        Stupid*

    • rockdude094

      Im selling mine after 4 years. It still kicks ass lol

  • August Ebbesen

    Great, only in the US

  • Bkfraiders7

    I’m really wanting to exchange at a Best Buy. I took advantage of their $50 gift card applicable to a new phone purchase before 12/31, so I’ll probably be buying from them. I have a 32GB Slate iPhone 5 on Verizon. I figure I’ll also wait after launch as by November of last year the iPhone 5S was $99 if you exchange a phone.

    • Chang in Charge

      Where did you see 5s for $99 last year in November?

  • Abdo

    In Morocco a new iPhone 5s 16 GB worth more than 500$ and used around 400$

    • Matt

      $400 for used?! Do you want to sell mine? Haha

    • Khalid Salim

      wrong in morocco an iphone 5s is for 750$ and iphone 5 for 500$

    • 4pp1e

      tal9a 3lihom wabarraka hahaha

  • I always give mine to a family member or friend.

  • Nate McKelvie

    What about eBay? How can you have this article and leave out eBay. I found your going to get the most money for your device through eBay, especially if you’re willing to ship it internationally where the price is higher than it is in your country.

    • Gary LE

      For reals where was ebay in this article? But unlocking and jailbreaking it will also make it higher too.

      • Nate McKelvie

        Yea exactly! All the truly high value ways to sell were left out lol. But upon relooking over the article I think it was more focused on a quick easy effortless sale

  • MacGuru17

    My family has three iPhone 5s-es and one iPhone 5. We’re planning to break up with AT&T this time around and leave it for T-Mobile, so as of now the plan is to have our phones unlocked and trade them in with T-Mobile. We’re likely going to do the same with our iPad 3 (+4G) once the new model is released.

    Is this the best way to go if we’re switching carriers?

  • felixtaf

    eBay and Craigslist will be my choice to sell!

    • Gary LE

      Me too even its 10% ebay fees, 3%paypal and shipping. I still think it is a better choice for selling assuming the buyer has great feedback and paying with paypal.

      • felixtaf

        Very true. If you dont want to meet strangers, eBay is a better place to sell. Most phones will sell within minutes, if priced right. You will get atleast 200$ more than what Gazelle, Amazon or Apple will offer!

  • R4

    Seriously, I see a lot of people from europe in the comments. So why dont you guys make more articles like this but for eu countries?

    • Kurt

      Jot some ideas down and send it to Sebastien.

  • Alexander Gennadievich

    Honestly, I bought iPhone 4S (used 16GB) off eBay a month ago for $260, and you are saying iPhone 5 is $175? It’s not even close to reality. You will get most money out of your phone on eBay.

    • Gary LE

      True but ofcourse make sure the phone is clean and in good condition and has new original box, accessories, etc… Also, taking good pictures and answering questions ASAP really helps in inc the price. Also, unlocking it and maybe jailbreaking it too will help with the value as well.

  • QuarterSwede

    Unlocking the device will greatly add to it’s price and appeal if you sell it yourself. Take a bazillion high quality pictures (plenty of macro) and it’ll sell within the first day. Mine always has.

  • Anonomous.TECH.man

    WTF no ebay. Best place imo

  • William Melendez

    Selling my iPhone 5s att 32 GB perfect condition for $425 tomorrow through craigslist.

  • 4pp1e

    i want to sell mine here what apple offered me !!! any suggestion ??

    iPhone 5 (32GB) Black unlocked

    Estimate provided by Dataserv:

    GBP 210.00

    Prepaid shipping – yes

    Could your iPhone be liquid damaged? – No

    Is there any damage to the display? – No, it’s perfect

    Does the iPhone work properly? – Yes

    I have removed all content and settings.

    I have turned Off “Find my iPhone”

  • Sleetui

    Anyone know a good source to sell to China XD

  • Tom C

    Ebay is selling iphone 6 cases

  • Jon Bernhardt

    Amazon is locking in their offered prices for 45 days and they had the highest trade-in values by far for my 4s’s (one white 64GB and one black 32GB), compared to Gazelle and the like.

  • Apple Shark

    You can sell your iPhone by going online and you can select an appropriate website who will give you the cash value for your old iPhone.

  • You can make the most money off your old iphone by using this method here at http://www.InternetIncome88[DOT]com

  • Alexander Maltsev

    Last year I unlocked my AT&T iPhone 5s and then I was trying to find the best place to sell my iPhone. After posting my iPhone on Craigslist I received so many spam messages from Nigeria and some other African countries so I decided to just sell online with buyback websites. After comparing different quotes on at least 5 major websites I received the best quote ($310) on CellCashier. Process took about 4-5 days before I received my full payment. It is all about shopping around!