Yes, old iPhones retain significant value depending on their model, condition, and demand. Even outdated models can fetch substantial amounts through trade-ins, resale, or recycling programs.
Apple's system ensures high demand for used iPhones. Each model depreciates at different rates, but factors like storage capacity, physical condition, and battery health play important roles. For example, an iPhone 12 in good condition might sell for $300-$400, while an iPhone 8 could still fetch $100-$150.
| Model | Average Resale Value (Good Condition) |
|---|---|
| iPhone 13 | $450-$550 |
| iPhone 12 | $300-$400 |
| iPhone 11 | $200-$280 |
| iPhone SE (2nd gen) | $150-$200 |
| iPhone 8 | $100-$150 |
These values fluctuate based on market trends and carrier deals. Apple's trade-in program offers instant quotes, often lower than third-party sellers but with guaranteed convenience.
Most people sell old iPhones to upgrade to newer models or free up space. Trade-in programs, online marketplaces like eBay or Facebook Marketplace, and specialized refurbishers are common outlets. Apple's trade-in program, for instance, accepts devices as old as the iPhone 5s. Third-party buyers often pay more but require more effort.
I sold my iPhone XR last year through a local refurbisher. After verifying the device's condition and receiving an offer, I shipped it in and got paid within a week. The process was straightforward, and I received 85% of the quoted price.
Many assume older models like the iPhone 6 or earlier have no value. However, even these can fetch $20-$50 due to parts demand. Another myth is that cracked screens drastically reduce value, but buyers often accept devices "for parts or repair" at lower prices.
According to Apple's trade-in page, iPhone 6 models still qualify for trade-in credit, though the amount is minimal. Recycling programs also accept non-functional devices for free, ensuring no iPhone goes to waste.