The value in protection: Are old iPhones worth anything?

Every year, Apple announces the release of its latest iPhone model. New features, improved functionality, longer battery life and better camera capabilities — the list could go on and on. It can be difficult to resist the temptation to buy a newer model, especially if your current iPhone is outdated. 

Before you do that, think about what you should do with your old iPhone. You can't just throw it in the trash. Can you sell it? Are old iPhones worth anything?

The answer might surprise you. Depending on the age and condition of your iPhone, you may be able to sell or trade it in. For example, if your iPhone is just a few years old and was protected with an OtterBox phone case, it may have more value than you think. Best of all, you can use this money or credit to cover some of the cost of a new one.

Understanding old iPhones

The iPhone has continued to grow in popularity since its inception in 2007. Today, more than a dozen different models exist. But can you sell any iPhone? What's considered an old iPhone? 

What are old iPhones?

Most people are looking for a phone with 5G capabilities. Apple released the first 5G-ready iPhone in 2019. So, if your iPhone is less than 5 years old, you should have no trouble trading or selling it. 

Another issue with iPhones is the ability to update them with the latest security and functionality features. Currently, Apple doesn't offer updates for iPhone 8 models or older. This factor could also impact your ability to sell your phone.

Are old iPhones worth anything?

How much are old iPhones worth? You can likely sell any iPhone despite its age, but several factors impact how much money you can get, including:

  • Storage capacity: The more storage your iPhone has for photos and apps, the more valuable it is. Most people want at least 64G of storage or more. However, you can still sell iPhones with less storage capacity. 
  • Condition: The better the condition of your iPhone, the more valuable it is. If you use an Otterbox to protect your phone, you can usually expect top dollar.
  • Market demand: Typically, the newer the phone, the more valuable it is. For example, the iPhone 13 has a trade-in value of up to $250, while the iPhone 15 has a trade-in value of up to $410. However, certain high-demand models can sell for more. For example, a first-generation iPhone can sell for over $100,000.
  • Functionality: The model of your phone also impacts its value. For example, an iPhone Pro Max is more valuable than an iPhone Plus. 

What to do with old iPhones

The last thing you want to do is toss your old iPhone in the garbage. Some local authorities forbid residents from throwing away electronics, so you may need to pay someone to take it away. 

Rather than paying money to give your old iPhone away, you can make money by selling it. Fortunately, there are several ways to sell your old iPhone.

Preparing for sale

Think about everything you store on your iPhone, such as your bank information, photos and passwords. You don't want your personal data getting into the wrong hands, so prepare your phone beforehand.

Start by transferring all the information in your old phone to your new iPhone. Apple's quick guide can help you through this process. Next, conduct a factory reset to restore your phone to its original settings. This should remove your old information to ensure the new owner can't access your data. 

Where to sell old iPhones 

You have several options for selling or trading your old iPhone. One of the fastest and most convenient ways to do this is through the Apple trade-in process. If your phone qualifies, Apple gives you a credit toward future purchases. 

You can use Apple's convenient online process to receive an estimated trade-in value or visit your local Apple Store. If the information you provided, including the phone's model and condition, matches, you can receive a credit within several weeks. Apple currently accepts iPhone 7 Plus and older models. 

You can also sell your phone directly through online marketplaces, such as Facebook Marketplace, eBay or Swappie. With this option, you set the price and negotiate a deal with prospective buyers. After it's purchased, you're responsible for preparing and mailing your phone to the new owner.

Protecting your device

The better your phone's condition, the higher its resale value. Keep this in mind when purchasing your new iPhone. Be sure to protect it in a high-quality phone case. OtterBox iPhone cases are incredibly durable and prevent breaks and damage from accidental falls. Our cases let you protect your new iPhone and ensure your new device retains as much value as possible. When you're ready to sell, you can get top dollar.

Protect your investment with OtterBox

If you're ready to buy a new iPhone, find out how much your current phone is worth. Selling or trading your phone can help offset the cost of your investment. To protect your new iPhone from day one, OtterBox it.

Find the right OtterBox case today and protect your investment from accidental falls, drops and other damage.