With the eagerly anticipated iPhone 5 just around the corner (sometime next month, after the Apple conference on 12th September), the prices of old iPhone’s will start to slowly decline across all parts of the world. So is now the time to start cashing in on them before it’s too late?
The truth is that until the iPhone 5 officially gets released onto the market, the price won’t dramatically drop. However, we can already see prices starting to fall so the best advice is to keep an eye on the prices each day and see if there is a noticeable change.
So where can I check prices?
The best place to check prices is to use a comparison website such as SellMyMobile.com whereby you can clearly see any price change on a day by day basis. So just perform a quick search on the site for your model of iPhone, or just visit the dedicated iPhone selling page and see what price currently comes in at the top. Make a note of this, and then check the next day.
Even though it’s best to check prices, we don’t recommend leaving it until the last minute. Some people are selling their iPhone now, and then buying or using an old phone which will get them through the prior 3-4 weeks before the launch which is a good idea.
At the time of writing (late August) these are the current prices:
- iPhone 4 8GB – £180
- iPhone 4 16GB – £200
- iPhone 4 32GB – £215
- iPhone 4 16GB – £305
- iPhone 4 32GB – £315
- iPhone 4 64GB – £330