Trade-in Tips Prior to iPhone 6

Last week, reports surfaced that Apple had begun mass production of the 4.7 inch iPhone 6, meaning they are on schedule for the rumored late-September release date. As anticipation builds for the launch of the iPhone 6, it is expected that pre-orders will reach an all-time high of 80 million units. This forecast is likely to mean a very busy launch for Apple, but also for companies in the smartphone trade-in industry. [caption id="attachment_2804" align="alignnone" width="578"]Photo courtesy Photo courtesy[/caption] If you are one of the millions of people planning on getting the iPhone 6 when it is released, now is the time to start thinking about trading in your old phone. NextWorth has a few tips for getting the most out of your trade-in:

  1. Sell early. The longer you wait to trade your phone in, the more its value will decrease. In addition to the natural depreciation in value over time, you also run the risk of the phone getting damaged and decreasing the return you would get from a trade-in.
  2. Look for phones that carry a higher than average resale value. Your best bet here is the iPhone. According to Wall Street Journal, iPhones retain the most value of any smartphones. In fact, some models of the iPhone that are two or three years old have retained more value than the newest model of other phones.
  3. Trade-in your phone from the convenience and comfort of home. allows you to sell your old smartphone online to get some cash to put toward your upgrade to the iPhone 6 this fall.
With a record number of pre-orders expected for the iPhone 6, these trade-in tips will help you get the most value for your old phone as you prepare for the upgrade.