With the new iPhone imminent, whether it is an iPhone 4s or the iPhone 5, it is time to start thinking about what to do with your current iPhone 4 or older model. With the possibility of millions of iPhone owners looking to upgrade, the price you could get for your old iPhone could get a significant hit in the coming days.
So what could you do with your current iPhone 4 or older model if you are looking to upgrade to the new iPhone in the coming days/weeks? Well, there are a few options that you might want to consider.
Trade in with networks
A lot of mobile networks and retailers will have some sort of trade-in scheme in place for people looking to upgrade their smartphone. Sometimes you might even get lucky and get a really good deal from them because you take out another long monthly contract on your new phone through them, especially with retailers like Carphone Warehouse, Phones4u etc. as they make a commission on network sales. It is however advisable that you check other recycling/selling opportunities before going into a shop to upgrade and get a trade-in offer, just so that you have a benchmark to compare the deals on.
Mobile recycling schemes
The iPhone tends to be among the handsets that pays out fairly well on mobile recycling sites, but be aware that offers can vary quite a bit between the myriad of mobile recycling offers in the market. Using comparison services like sellmymobile.com and similar can be a good idea to compare many of the mobile recycling operators in the market.
At the time of this article you could get around £295 for your fully working iPhone 4 32gb and £290 for your iPhone 4 16gb.
Sell on eBay
At the moment it looks like your best option could be to sell it on eBay, especially if your handset is unlocked, as the auctions at the moment seem to pay £300+ for the iPhone 4. If you are thinking about selling on eBay, use the recycling scheme prices to set a minimum selling price. Ebay is however likely to be one of the places where prices could start dropping quickly when the new iPhone is announced and more people start selling off their current iPhone 4.
Here is an overview of some of the iPhone 4 deals currently on eBay.
Start comparing and haggling, it can get you a long way towards paying for the upgrade to the new iPhone.