The Value Of Your iPhone Drops Every Second, So Try This

Jordan Crook

Jordan Crook studied English Literature at New York University before entering the tech space. Prior to joining TechCrunch, Crook dabbled in mobile marketing and mobile apps as well as doing device reviews for MobileMarketer and MobileBurn. Crook is fascinated with alternative energy production and greentech. She is now a writer for CrunchGear. Hello → Learn More

Friday, August 31st, 2012

The value of your current iPhone is going down as I write this very sentence. And according to Gazelle, current iPhone models traditionally depreciate about 25 percent a couple weeks before the next generation iPhone is unveiled. And guess what? The new iPhone is about two weeks away.

As Rafiki would say in the Lion King, “it is time.”

But what do you do?

Well, lucky for all of us, the guys over at ZDNet put together a nice little price comparison of all your various trade-in programs, which you can find here. The best deal seems to come by way of Amazon’s Trade-In program, which is offering up to $400+ for an excellent-condition iPhone 4S.

Unfortunately, most of those deals force you to return your current iPhone immediately. And who wants to be without their smartphone for a month?

Not I!

For this very reason, Gazelle is offering a cool deal (which ends today, so move now) that will lock in the current price of your iPhone, based on the condition it’s in. But — and this is a big but — you can keep your phone until October 1. That means that there’s a possibility you could get your new iPhone before you ever have to send your current one back. That, of course, depends on how well Apple meets demand, and how quick you are at purchasing gadgetry through a crashing site.

Or, you could just stand in line on September 21.


Product: iPhone
Website: apple.com
Company Apple

Apple’s iPhone was introduced at MacWorld in January 2007 and officially went on sale June 29, 2007, selling 146,000 units within the first weekend of launch. The phone has been hailed as revolutionary with its bundle of advanced mobile web browsing, music and video playback, and touch screen controls. The iPhone is exclusively carried on the networks of both AT&T and Verizon in the U.S. An iPhone can function as a video camera (video recording was not a standard feature...

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Company: Gazelle
Website: gazelle.com
Launch Date: 2006
Funding: $46.4M

If you’ve given up on Craigslist and Ebay for selling your used electronic gadgets, you still might like Gazelle, a company that will buy your old ipod, phone, Wii etc and sell it on ebay. You find your item – a phone, a console, etc. – and tell Gazelle the condition. You print out a shipping package, ship it to the company, and they pay you a rate gleaned from multiple sources that should, in theory, reflect the real...

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