How much money can you get for your old iPhone?
Keen on a phone upgrade but low on cash? Selling your old iPhone can help bridge the gap, but how much will you get for it?
Apple’s iPhone line remains a favourite amongst Australian mobile users, but the relentless march of technology means that the phone you bought last year (or even longer ago) can quickly seem like a bit of a technology relic.
To make matters worse, while Apple’s generally a bit better with upgrades than on the Android side of the fence (excluding the Nexus handsets), iOS full version releases can often leave older models prone to lag or outright crashes.
That’s when it makes good sense to trade up to a new model, which is where many Australians opt for a new phone contract with a bundled handset. If that’s you, check out our comprehensive mobile phone plan checker to find the best deal, but before you do, work out what you’re going to do with your old iPhone.
You could always gift it to a relative to use, but if that’s not suitable or desirable – maybe you hate Auntie Mabel after one too many gaudy Christmas jumpers or something – then why not realise the value in your old phone? Even if you got it on contract, once that’s paid off the phone is yours to do with as you wish, and that money could be used to either buy a new handset outright, or for anything else you might use cold, hard cash for.
How much can you expect to get for an old iPhone, however? It’s a variable question considering the age of the handset and its condition, but to come up with some Australian averages, we turned to local online marketplace Gumtree.
Gumtree’s listings include the average asking price for a range of iPhone handsets up to last year’s iPhone 6/6 Plus, with prices mostly dipping the further back into iPhone history you travel. Here’s the current state of play for each iPhone handset:
|Model||Average asking price|
|iPhone 6 Plus||944.86|
|iPhone (1st generation)||43.50|
|Prices as quoted at 2/12/2015|
There are a few things to consider here before you rush off to sell your iPhone.
First, these are average asking prices, not necessarily selling prices so asking a little less might be wise if you’re a motivated seller. Although we're a little bemused by the fact that an iPhone 4s is apparently worth asking more than $100 more than the later iPhone 5 model.
The listed pricing doesn’t take capacity into consideration, so if you’re selling a 16GB iPhone, expect less for it than a 128GB model, just as you'd pay less for the 16GB model if it were brand new.
Finally, the state of the device is also important. If your iPhone looks like it just came out of a fight with a wood chipper and lost, expect a lot less for it than one that appears to have just come fresh out of the box.