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Summary:

Want to buy a new iPhone 4S, still have the plain old iPhone 4 in your pocket? Act fast, and you might get lucky: A number of companies are offering good money for used iPhones. Ebay even pays up to $357 if you sell right away.

Update: There’s probably a few of you that want the new iPhone 4S when it arrives in stores in two weeks. Luckily several companies want your old phone. Badly. EBay is being the most aggressive, announcing Tuesday it’ll pay out up to $357 cash for an iPhone in good working condition. The company says the price is guaranteed until 11:59 am pm PT Wednesday.

After committing to a deal, eBay sends a label for free shipping which needs to go out in the mail within seven days. Sellers get paid once eBay gets the item. EBay isn’t just looking for the iPhone 4 either. They’ll also take older iPhones and Android phones. Here are the prices they’re guaranteeing for the next day if the phone is well taken care of:

  • AT&T iPhone 4: Up to $357
  • Verizon iPhone 4: Up to $318
  • AT&T iPhone 3GS: Up to $229
  • HTC EVO 3D: Up to $200
  • HTC Thunderbolt: Up to $200
  • HTC Droid Incredible 2: Up to $200
  • HTC Sensation 4G: Up to $225

Selling used iPhones to gadget buyback companies after Apple announces a new one is a practice that’s been picking up steam in the last couple of years. But this year, competition for used iPhones has been at its fiercest: eBay competitor NextWorth was offering a guaranteed $250 to iPhone 4 (16GB or 32GB) owners who agreed to sell before Tuesday’s Apple announcement.

Gazelle.com, offering about $160 for a 32GB iPhone 4 in “good” condition, has also said its buyback prices will be guaranteed for up to 30 days if owners agree to sell an old iPhone by “early afternoon” Tuesday. Gazelle said as of Tuesday morning before the iPhone 4S debuted, it was buying back an iPhone “every 15 seconds.”

Image courtesy of Flickr user sushi♥ina

  1. Frances Cunningham Wednesday, October 5, 2011

    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!

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  2. 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?

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  3. I sold my iPhone at sellmy.ca and I got $300
    I think they pay the most and they also have an app on the AppStore that automatically detects your iPhone and gives you an instant quote. Its called sell my i on the AppStore.

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  4. Francheska Morris Thursday, November 17, 2011

    I’ve found a site that pays more than all these mentioned above. It’s http://www.sellmyi.ca

    iPhone 4 up to $325.00
    iPhone 3GS up to $180.00
    iPhone 3G up to $100.00

    They’ve also got an app on the AppStore it’s called “sell my i” it automatically detects your iPhone and gives you and instant quote, it’s the fastest and easiest way to sell your iPhone!

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