With Apple launching the iPhone 8 in the coming few weeks, now is the perfect time for you to sell your iPhone provided you are looking to upgrade to Apple’s upcoming iPhone. By selling early, you will be able to get the most value out of your existing iPhone because once Apple unveils the iPhone 8, prices of existing iPhones in the second-hand market will drop by a huge margin.
The process of selling our iPhone is not as simple as listing it on eBay though. There are quite a few things that you need to keep in mind and follow.
Should You Upgrade?
The first thing that you need to ask yourself is whether you should upgrade to the iPhone 8 or not. If you own an iPhone 7 or iPhone 7 Plus, an upgrade to the iPhone 7s or 7s Plus will make little sense. However, with the sheer number of changes and features that the iPhone 8 is going to come with, an upgrade to it even from the year-old iPhone 7 will be immediately noticeable.
However, the iPhone 8 is not going to be cheap with the base variant reportedly costing around $900. Thus, even if you sell your iPhone 7 Plus for around $400-$500, you will have to invest an almost equal or higher sum to be able to upgrade to the iPhone 8. If you have the money to spare, I’d say go for the upgrade purely due to the bezel-less design of the iPhone 8 and wireless charging.
What to Do before You Sell Your Old iPhone?
1. Unlock your iPhone
Many carriers lock the iPhone so it can be used only on that single carrier, limiting the number of people who can purchase your iPhone. If you want to expand your pool of potential customers, then you should look into unlocking your phone, which allows the phone to operate on multiple carriers. You should check with your current wireless service provider to see how they handle unlocking a device. Some will do it for free if the phone has been on your line for a certain amount of time while others will charge you a small fee.
Like most iPhone owners, you likely have apps, photos and more that you want to transfer from your old phone to your new phone. To make the transition as easy as possible, you’ll need to create a backup of your existing phone that you then can restore to the new phone when you receive it. This step is especially important if you are selling your old phone before your new one arrives.Get that backup done before the phone is no longer in your possession.
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