Trade it In: How to Get the Most for Your Old iPhone

Washington Informer September 9, 2014

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In this Wednesday, Nov. 20, 2013, file photo, the Apple logo is illuminated in the entrance to the Fifth Avenue Apple store, in New York. Six weeks ago, the iPhone and iPad maker announced plans to split its stock for the first time in nine years. Since then, Appleís shares have surged more than 20 percent. The stock split helped renew investor interest in Apple Inc., already the worldís most valuable company. (AP Photo/Mark Lennihan)

In this Wednesday, Nov. 20, 2013, file photo, the Apple logo is illuminated in the entrance to the Fifth Avenue Apple store, in New York. (AP Photo/Mark Lennihan)

(USA Today) – We are now just hours away from the unveiling of Apple’s latest iPhone. The iPhone 6 is expected to be a complete redesign of the company’s iconic smartphone line, and if the people already lining up outside Apple stores is any indication, there’s a good chance you’ll want to ditch your current iPhone and upgrade.

Here’s how to get the most for your used iDevice and lower the strain on your bank account while making the switch to the newest iPhone.

GAZELLE

Gazelle is one of the most popular options for iPhone owners to get cash for their used smartphones, and for good reason. I just checked and found out that my 64GB iPhone 5S is worth $285, $335 if it’s unlocked. You can also score as much as $300 for a 16GB iPhone 5s in great condition, which should put a nice dent in the price tag of the iPhone 6 when you head to your carrier to pick one up. Gazelle ships you a pre-paid box to send your iPhone in and then sends you a check within days.

When to trade in: Right now. The best thing about Gazelle is that you can commit to your trade-in right now, but not actually send the phone in until after the new iPhone launches.