SellYouriPadsFast · Safe · Simple
If you want money you can spend anywhere, selling your iPhone for cash is usually the better choice; trading in makes sense mainly when a carrier promotion is larger than the cash value and you plan to stay with that carrier. The key is to compare the two numbers on the same basis.
What is the real difference between selling and trading in?
| Sell for cash | Trade in | |
|---|---|---|
| How you are paid | PayPal, Zelle or bank transfer | Store or bill credit |
| When | Days after testing | Often spread over 24 to 36 months |
| Tied to a new purchase? | No | Usually yes |
| If you switch carriers | No effect | Remaining credits may be lost |
When does a trade-in beat cash?
Carrier promotions sometimes offer far more than a phone is worth, but only when you add a line, choose a premium plan or commit for years. If you would choose that plan anyway, the promotion can win. If not, the extra plan cost often erases the difference.
How do I compare the two offers fairly?
- Get a cash quote for your iPhone; it takes about a minute.
- Write down the trade-in value and any conditions attached to it.
- Add up any extra plan costs over the commitment period.
- Compare what you would actually keep.
What about damaged or older iPhones?
Trade-in programs often pay little for cracked or older phones. A buyback still offers cash for a damaged iPhone or an old iPhone, as long as it powers on and is not reported lost or stolen.
Can I sell an iPhone I am still paying off?
Yes, as the account holder, at a reduced offer, because the carrier can block the IMEI for non-payment. Paying the balance first gets you the full price. See how to sell an iPhone that is not paid off.
Whatever you choose, back up and erase first using our iPhone preparation checklist.