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Smart Ways to Sell Your Old iPhone

Here’s how to get maximum profit to help subsidize a new iPhone.

This story is part of 12 Days of Tips, helping you make the most of your tech, home and health during the holiday season.

If you were tempted to treat yourself to the latest iPhone this Christmas or you plan to gift one to someone else in your family, you might be wondering what the most cost-effective way to do it is. Saving as much money as possible is paramount if you’re wanting to regularly upgrade to the best iPhone which is why subsidizing your next phone by selling your current one is such a great idea. But how do you get the most money back for your existing device?

Well, there are numerous ways to trade in an old iPhone and earn hundreds toward your new one, but each option has its own list of pros and cons. Fret not, though, as we’re here to help guide you through the process. We’ve put together a list of the best places to sell, so you can work out the best iPhone deal for you. Below, you’ll find three different ways you can make some cash, as well as when to make the sale and what you can expect from the process.

1. Sell it to a buy-back service

Looking for a quick and easy option? Consider selling your old device to a buy-back service. Although it’s not entirely without risk — if the old iPhone isn’t in the condition you said it was, for example if it is a broken iPhone, you may not get the full value quoted by the buyer — it does minimize the time and hassle, especially compared with trying to sell it yourself on, say, eBay or Craigslist.

There are traditional trade-in options like those offered by Apple and Best Buy (see the next section), and then there are buy-and-sell marketplaces like those listed below. Before you spend a lot of time hopping from one to another to get quotes, head to Flipsy, which compares US trade-in values at multiple buy-back stores. It shows you the payment methods, price-lock duration (that’s how long you have before you need to send the phone in) and price based on the condition of the old device. (Because each buyback program and store is little different when it comes to “condition” definitions, Flipsy doesn’t drill down beyond phone model, carrier and storage.) SellCell is another price-comparison service for anyone looking to score top dollar for an old iPhone.

If you’d rather check out some individual marketplaces yourself, below are a few options that are worth a look. The sample quotes are based on iPhone 13 trade-ins for “good” condition devices in December 2022 and were correct at the time of writing.

An honorable mention goes to Swappa, which has a sky-high TrustPilot score (4.8) but isn’t really a buyback service. Rather, it’s a marketplace designed to connect buyers and sellers. Think eBay, but with a focus on devices like your iPad, iPhone or other Apple product. To list your older iPhone (which doesn’t guarantee a sale), you must first create a Swappa account and then connect a PayPal account. You also set your asking price, which necessarily includes a sale fee, but not any additional PayPal fees that may apply.

Worth the extra effort? Perhaps: Swappa recommended a sale price of $646 for my iPhone 13, while noting that the same phone had recently sold for $596 — still higher than most buy-back services and more than enough extra to put towards a couple of new iPhone cases for your next phone. But a marketplace is almost always going to net you a higher profit (see below).

2. Trade in for credit toward a new one

Want to cut out the middleman, so to speak? You can start by going back to the source. That can be either the manufacturer or a big-box retailer, the largest of which generally offer solid trade-in options for a new device. Consider two of the biggest fish in the pond: Apple and Best Buy.

The key takeaway here: Shop around. There are plenty of services with program options that will buy your old iPhone or take it in trade, but you might do better selling it yourself.

3. Sell it yourself

Selling an iPhone yourself will usually net you the most profit, but it’s not without risks and hassles.

When to sell your old iPhone

Your old phone is losing market value by the day, so the best time to sell it is always as soon as possible. It’s estimated that within 24 hours of a new iPhone’s unveiling, your old phone loses up to 30% of its trade-in value so you can try to time it right and sell it in the weeks leading up to an iPhone event if you’re smart.

One concern is that if you sell your old smartphone immediately, you’ll be phoneless until the new one arrives. Thankfully, many of the aforementioned buy-back and trade-in services give you a grace period (also known as a “price lock”) of up 30 days after selling your phone before you have to send it in — time enough, hopefully, to purchase and receive your new phone and get everything migrated over (including the SIM card — don’t forget that!). Since the iPhone 14 is just a few months old, this is less of an issue currently.

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What to know before you sell your old iPhone

Whether you sell by yourself or trade to a third-party company, make sure you prep your iPhone properly before selling it
. Here are some tips:

  • Back it up: Back up all of your important data — including contact, photos, videos and apps — using Apple’s iCloud service or a third-party cloud storage service.
  • Turn off Find My: Apple’s Find My app (formerly known as Find My iPhone) is a security feature that must be turned off before you sell your phone — or nobody else will be able to use or reset it. To turn off Find My, open the Settings app on your iPhone and go to Settings > [Your username] > Find My and turn it off.
  • Wipe it: Sign out of all apps, services and connected accounts (like your iCloud account). Then, open the Settings app and go to General > Reset > Erase All Content and Settings to erase everything from your iPhone. Once this is complete, you can also go to General > Reset > Reset All Settings to restore the iPhone to factory settings, just in case.
  • Remove the SIM card: Don’t forget to pop out your SIM card, which you’ll likely need for the new phone to keep your existing number and service.

You’ll receive the most money for your phone if it’s in tip-top shape, but you can still do well if it’s in “good” condition: No cracked screen, no big dents or scratches in the casing, no water damage, and everything working well (meaning the phone turns on, holds a charge and so forth).

If your phone is damaged, you can probably still get something for it, even if the device doesn’t turn on. It’s not worth it to repair a cracked phone screen before you sell, but if your screen is only slightly damaged — a small hairline crack in the corner, for example — you may want to sell it on your own instead of trading it in. An individual may be willing to overlook superficial screen damage for a good price.

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“The Radical Left is upset with the fact that I am taking Ads, which I consider to be a positive promotion for our Great U.S.A., and paying for them with U.S.A. money,” Trump said in a post on Truth Social on Monday.

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Sen. Maggie Hassan, D-N.H., in a Sept. 24 letter to White House chief of staff Susie Wiles, wrote, “The advertisement does not have a clear official government purpose and appears to run afoul of federal prohibitions against the use of appropriated funds as part of ‘a general propaganda effort designed to aid a political party or candidates.’”

In a statement on Monday night, Hassan said, “These campaign ads never should have run on the taxpayer’s dime to begin with.”

“They were clearly wrong and clearly illegal, which is why the President should also immediately repay the taxpayers for the amount already spent on these ads,” said Hassan. “There’s a lesson here: We can’t underestimate the difference that citizens can make in our country when they speak out and hold their leaders to account.”

Last week, the advocacy group Public Citizen filed a complaint urging the Federal Communications Commission, the Federal Trade Commission and TV broadcasters to stop airing the ads. Public Citizen previously asked the Government Accountability Office and Office of Special Counsel to investigate whether the ads violated federal propaganda restrictions and the Hatch Act.

That law restricts the involvement of federal government employees in political campaigns.

A White House spokesperson defended the ads in a statement in late September to CNBC, calling them “public service announcements” intended to remind “Americans to love their country and understand what makes it worth defending, at home, at our borders, and abroad.”

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MAGA Inc. has raised $424.4 million and spent $32.4 million during the 2025-26 cycle through Aug. 31, leaving the Trump Super PAC with $415.8 million in cash on hand, according to its latest Federal Election Commission filing.

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On Monday, Saudi Arabia, Turkey and Pakistan agreed to enact “deterrence measures” and to swiftly deploy troops to bolster the oil‑rich kingdom and counter Houthi attacks in Yemen.

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According to local media reports, as many as 189 people have also been placed under medical observation in Irkutsk in eastern Russia.

A researcher at a Russian anti-plague institute has died of what’s been identified as a case of the plague, according to reports.

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What is the plague and how does it spread?

Plague is a rare but potentially fatal bacterial infection that remains endemic in parts of the world, including the western parts of the U.S., but can be treated with antibiotics if identified quickly. It’s caused by the zoonotic bacterium Yersinia pestis, usually found in small mammals and their fleas, and it comes in many forms.

Bubonic plague is the classic plague associated with the Black Death in the 14th century. Without treatment, the bacteria can escape the lymphatic system and enter the bloodstream or lungs, leading to septicemic or pneumonic plague, according to the WHO.

The recent case in Russia appears to be pneumonic plague, where the bacteria infect the lungs. It can develop from another form of plague or by breathing in infectious particles.

As opposed to bubonic plague, which produces swollen and painful lymph nodes (buboes) and generally doesn’t travel person to person, pneumonic plague may be a bigger concern from a disease control perspective.

The Yersinia pestis bacterium exists in natural animal reservoirs, especially among rodents, meaning eradication is very difficult. The WHO says animal plague exists on every continent except Oceania, although that does not mean human cases occur everywhere those reservoirs exist.

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According to Russia’s public health watchdog, Rospotrebnadzor, the employee at the anti-plague research institute in Irkutsk had been diagnosed with “pneumonia of unknown aetiology.” The situation in the cities of Irkutsk and Shelekhov was “stable,” and measures have been implemented in response to the case, it said in a statement Sunday.

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CNBC has not been able to independently verify the reports. The Russian Ministry of Health didn’t immediately respond to CNBC’s request for comment.

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— CNBC’s Jenny Lee contributed to this report.

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