Unless you’ve been living under a rock, you know Apple announced the new iPhones yesterday. I had bought extra iPhone 6S phones but didn’t buy any extras of the iPhone 7. I think for the iPhone X, I’ll get back into reselling it. Some quick thoughts –
- Don’t even bother trying to resell the iPhone 8. They look marginally better than the 7 and no one is talking about these devices
- There seems to be supply issues with the X due to the OLED screens. This is probably why there’s only 2 colors and 2 memory variants – so they can streamline production.
- The phone ships on November 3. If you remember the iPhone 7, especially the matte black color, those were delayed up to 6 weeks. With pent up demand and little supply, it’s clear these will be a hot Christmas item, even with the $1K price.
Which model to resell
I think the smaller memory variant 64GB will be a hot seller although 256GB is more usable. I also like silver, but it’s really a coin flip. I’ve resold so many iPads and watches on Ebay that it’s really a coin flip between silver and gold. I would also try to flip the unlocked variants from Apple directly. I also think carrier locked ones will sell (maybe not as well as unlocked,) but I think you’ll still make money. I’d avoid the Sprint locked ones though; just saying. With Washington tax, I’d be paying $1100 for the phone. I’ll try to sell for $1500 but I think it’ll more likely be in the $1250 range.
T-mobile does have a $300 off trade-in deal if you trade in a 6 or better. If you think about buying a phone off Ebay to take advantage of this, make sure you read this post.
Should be interesting to see how well these will do on the secondary market. Good luck.