How much money you can get for your old iPhone on Gumtree

 ·11 Sep 2017
iPhone stack

As Apple launches the iPhone 8, the big question for many consumers is how they can afford to get their hands on the latest in mobile technology.

The next generation iPhone is expected to be announced by Apple on Tuesday, 12 September, with the premium model rumoured to be priced as high as $1,000.

Head of Core Business at Gumtree South Africa, Claire Cobbledick, said not enough South Africans appreciate how much value there is in their old phones.

“The average second-hand smartphone on Gumtree sells for R4,500 which represents a significant subsidy for the purchase of a new iPhone8.”

According to Cobbledick most people tend to upgrade their phone and keep their old one gathering dust in the drawer without realizing that it’s a quick and easy way to make a few thousand rands back.

“No matter how old your iPhone is, there’s someone out there who wants to buy it”.

Cobbledick said the re-sale price of the individual phone will depend on how well it has been looked after, but she offers a guide to average prices achieved for each of the most recent iPhone models.

Average price of used iPhones on Gumtree:

  • Apple iPhone 7 Plus – R12,000
  • Apple iPhone 7 – R8,000
  • Apple iPhone 6 Plus – R8,500
  • Apple iPhone 6 – R8,200
  • Apple iPhone 5s – R4,300
  • Apple iPhone 5c – R3,575
  • Apple iPhone 5 – R3,300
  • Apple iPhone 4s – R2,000
  • Apple iPhone 4 – R5,000

Read: What to expect at Apple’s biggest event in years

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