7+ to X - best strategy to capitalise on 7+ resale values?

[olisones]

I'm a yearly upgrader - currently have a 7+ which I will sell for an X next month in the UK. As the release cycle has been split this year (8 and X with 6 weeks in-between) I wonder what other forum members will do to capitalise on current recycle/resale prices in order to get the best value for your current model before buying the new handset. Do you:

a) sell/recycle your current model and use a different handset for the six weeks in-between or
b) wait and sell your current model when the X comes and risk losing some value on the current handset?

Any thoughts on this?

 

[Newtons Apple]

Highest price would have been months ago on the 7+

 

[profets]

I’m in the same boat. I have it listed for sale and a 6s to drop back on if needed.

If I get a decent offer I’ll likely sell now and use the 6s in the meantime.

 

[Appl3FTW]

Too late. Price has already dipped. I sold mines last month lol

 

[olisones]

I’m in the same boat. I have it listed for sale and a 6s to drop back on if needed.

If I get a decent offer I’ll likely sell now and use the 6s in the meantime.

Trouble is I don't have a back up handset, so it would mean either getting a cheap model (an SE or suchlike) to bridge the gap. Best price at the moment is £457, which is still a fair amount.

 

[maflynn]

Supply and demand.

The demand is sinking, the supply is going through the roof, so that means iPhone 7 prices are sinking. I'm actually waiting for them to go down even further. Right now they're in the high 400 mark, but since Apple is selling the iPhone 7 (non plus) at 550, I can see there's more room for lower prices

 

[olisones]

Supply and demand.

The demand is sinking, the supply is going through the roof, so that means iPhone 7 prices are sinking. I'm actually waiting for them to go down even further. Right now they're in the high 400 mark, but since Apple is selling the iPhone 7 (non plus) at 550, I can see there's more room for lower prices

Waiting for them to go down for what reason? To pick up a 7?

 

[maflynn]

Waiting for them to go down for what reason? To pick up a 7?

Yes, that's one of the options I'm looking at.
But a:

• New iPhone 8 $700
• New iPhone 7 for $550
• Used iPhone 7 for $400 or so

 

[Appl3FTW]

What's the outgoing price for iPhone 7 plus 256gb jet black?

 

[olisones]

What's the outgoing price for iPhone 7 plus 256gb jet black?

£469.50 currently on the compare sites.
[doublepost=1505473762][/doublepost]

Yes, that's one of the options I'm looking at.
But a:

• New iPhone 8 $700
• New iPhone 7 for $550
• Used iPhone 7 for $400 or so

My usual route is to sell my current model on a recycle site (faffing with eBay is always a pain) and then put that cash towards the new model. However, with the X being £1149 here in the uk, the maths isn't as pretty. For example:

7+ 128gb = £475
X = £1149

Total cost: £674

That's betting on the current prices of recycle sites staying the same, which they won't. So I could pick up a 'burner' SE as it were and get rid of that, but it still eats into the concept of the whole thing...!

 

[profets]

Trouble is I don't have a back up handset, so it would mean either getting a cheap model (an SE or suchlike) to bridge the gap. Best price at the moment is £457, which is still a fair amount.

Ahh. In that case I would just use it until the new phone arrives. I usually do that, but this past year I didn't sell the 6s as the speaker stopped working on it, and figured it would be handy to have as a backup.

 

[n20nine]

Ahh. In that case I would just use it until the new phone arrives. I usually do that, but this past year I didn't sell the 6s as the speaker stopped working on it, and figured it would be handy to have as a backup.

Just sold my immaculate condition 7+ 128GB Black with a case and screen protector on it for £540.

 

[brianxhopkins]

Where are you guys looking for used iPhones? I would be sketched out buying on eBay, I feel like you're asking to get scammed when buying an iPhone there.

I'm looking to get a used 128gb Verizon 7+.

 

[solo118]

Where are you guys looking for used iPhones? I would be sketched out buying on eBay, I feel like you're asking to get scammed when buying an iPhone there.

I'm looking to get a used 128gb Verizon 7+.

Swappa is best

 

[CodeSpyder]

Have it unlocked and sell it to someone, not to a company.

 

[comptr]

Well I have been looking, based on my area looking at Craigslist, Offer-up, Let-go & Ebay it seems my phone, a Verizon 7+ 256gb JetBlack with Apple Care +, Otter Box Case & Zagg Glass Shield it will go for around 750.00. It may seem high but in my area there are few iPhone 7+ for sale and Zero Jet Black Phones for sale. I wonder though if I wait till October if I will make less. I want to wait till around October 15 to sell it because I still owe some money on the phone via the carrier so I can't pay it off till then.