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How and where to trade in your old iPhone for the most cash or store credit

Last updated

With the release of Apple's newest flagship iPhone 5s and the mid-level iPhone 5c, AppleInsider's trade-in guide can help you get the most from your old iPhone.

There are many companies offering to let you trade in your old iPhone for credit toward a new one, but which is best? AppleInsider has surveyed the top options to help you make your decision. Be sure to also check out AppleInsider's trade-in guide for information on swapping your other iOS devices.

In-store: Apple, Best Buy, Walmart

Apple, Best Buy, and Walmart share similar in-store trade-in options: customers can walk into the store with their old iPhone and walk out with a new iPhone 5s or 5c in a single transaction. Store employees will assess your trade-in and provide a quote; if you accept, they will sell you a new, on-contract iPhone on the spot and apply the trade-in value toward your purchase. Apple is reportedly offering less in return for your trade than the others, though AppleInsider has been unable to confirm the amount.

Mail-in for cash: Gazelle, NextWorth, USell

These online-only players will ask you to provide a general description of your iPhone's condition, then give you an instant quote. If you accept the price, the service will send you a prepaid shipping container — usually a small box or envelope — that you'll use to send in your device. Once the handset has been inspected, you can receive your money in as little as five days.

MacBook Pro


Flawless


Good

Broken
Current iPhone Trade-in Payouts (Oct 10th 2014)
iPhone 3G 16GB (AT&T or Unlocked) $12 $10 $0
iPhone 3G 8GB (AT&T or Unlocked) $12 $10 $0
iPhone 3G S 16GB (AT&T or Unlocked) $12 $10 $5
iPhone 3G S 32GB (AT&T or Unlocked) $12 $10 $5
iPhone 3G S 8GB (AT&T or Unlocked) $12 $10 $5
iPhone 4 16GB (AT&T or Unlocked) $105 $100 $50
iPhone 4 16GB (Verizon) $80 $75 $30
iPhone 4 32GB (AT&T or Unlocked) $110 $105 $50
iPhone 4 32GB (Verizon) $82 $77 $30
iPhone 4 8GB (AT&T or Unlocked) $100 $95 $50
iPhone 4 8GB (other) $55 $50 $20
iPhone 4 8GB (Sprint) $65 $60 $20
iPhone 4 8GB (T-Mobile) $70 $65 $20
iPhone 4 8GB (Verizon) $65 $60 $20
iPhone 4S 8GB (AT&T or Unlocked) $170 $160 $70
iPhone 4S 8GB (other) $130 $120 $50
iPhone 4S 8GB (Sprint) $150 $140 $60
iPhone 4S 8GB (T-Mobile) $150 $140 $60
iPhone 4S 8GB (Verizon) $150 $140 $60
iPhone 4S 16GB (AT&T or Unlocked) $175 $165 $80
iPhone 4S 16GB (other) $140 $130 $60
iPhone 4S 16GB (Sprint) $160 $150 $65
iPhone 4S 16GB (T-Mobile) $160 $150 $65
iPhone 4S 16GB (Verizon) $160 $150 $65
iPhone 4S 32GB (AT&T or Unlocked) $180 $170 $80
iPhone 4S 32GB (other) $140 $130 $60
iPhone 4S 32GB (Sprint) $165 $155 $65
iPhone 4S 32GB (Verizon) $165 $155 $65
iPhone 4S 64GB (AT&T or Unlocked) $185 $175 $80
iPhone 4S 64GB (other) $140 $130 $60
iPhone 4S 64GB (Sprint) $170 $160 $65
iPhone 4S 64GB (Verizon) $170 $160 $65
iPhone 5 16GB (AT&T or Unlocked) $280 $270 $110
iPhone 5 16GB (other) $210 $200 $80
iPhone 5 16GB (Sprint) $210 $200 $80
iPhone 5 16GB (T-Mobile) $250 $240 $80
iPhone 5 16GB (Verizon) $290 $280 $110
iPhone 5 32GB (AT&T or Unlocked) $285 $275 $110
iPhone 5 32GB (other) $215 $205 $80
iPhone 5 32GB (Sprint) $215 $205 $80
iPhone 5 32GB (T-Mobile) $260 $250 $80
iPhone 5 32GB (Verizon) $295 $285 $110
iPhone 5 64GB (AT&T or Unlocked) $290 $280 $110
iPhone 5 64GB (other) $220 $210 $80
iPhone 5 64GB (Sprint) $220 $210 $80
iPhone 5 64GB (T-Mobile) $270 $260 $80
iPhone 5 64GB (Verizon) $300 $290 $110

Gazelle offers the most cash for the iPhone 4 and iPhone 5, while NextWorth wins the battle with the iPhone 4S. uSell, meanwhile, offers $115 for an iPhone 4, $205 for a 4S, and $336 for an iPhone 5.

Mail-in for credit: Amazon, Best Buy, Wal-Mart

These services work much the same way as their mail-in for cash competitors, but because they offer in-store credit rather than cash, trade-in valuations tend to be higher. Amazon, for example, will give you $441.00 for a flawless white 64GB iPhone 5, while the best quote from cash competitors is Gazelle's $340.00, a full $101.00 lower.



44 Comments

mahrer96 13 Years · 11 comments

Verizon is offering $120 for a 32GB iPhone 4 as credit off of your bill. Gazelle listed the same phone as $82 if in perfect condition.

originalg 16 Years · 383 comments

Do the phones that are traded in just get refurbished and resold? How big the second hand market?

tetero 13 Years · 2 comments

Or sell it and get more $$$ from craigslist.

jdmac29 14 Years · 42 comments

I sold my iphone 4s att 16gb through Apple's recycle program (Poweron) and got $215 apple gift card. Ebay would have gotten me a little more but with fees I probably would have come down to about what i got. I am happy only paying $3.39 out of pocket for a new iphone 5s 16gb.

ivabign 13 Years · 61 comments

Craigslist and eBay are better places to sell if you are savvy about it. These companies are buying for much less than you can get with a little effort.