Are you getting an iPhone 15? Even though the phone probably won’t arrive until September, now is the time to ask yourself whether you want to save some money by selling your old iPhone.
SellCell analyzed trade-in data(Opens in a new window) from buyback vendors over the past two years to determine the most profitable time to cash in on older-model iPhones.
It seems the sweet spot is 28 days before the release of the new iPhone. While the exact release date of the iPhone 15 is unknown, SellCell recommends selling between Aug. 19-26.
Once you hit four weeks before the release of the new iPhone, the value of your iPhone could go down by as much as $261. In 2021, between Aug. 26 and Sept. 23, the iPhone 12 Pro Max 512GB went from a trade-in value of $985 down to $796.
(Credit: SellCell)
And between Aug. 19 and Sept. 16, 2022, the iPhone 13 Pro Max 1TB fell from a trade-in value of $1,106.00 to $885, a difference of $221.
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(Credit: SellCell)
One exception: If you’re selling an iPhone 8 or iPhone X, sell it now. The newest OS, iOS 17, will be released at the same time as the new phones, and those two models will not support the update.
Before you sell your iPhone, see our complete guide on what to do before you send it off and where you can get the best price. And if you have an Android, we’ve got you covered too.
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