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Sell your old iPhone – or buy a used one to save money

Published 5 October 2015 by

The iPhone 6S and the iPhone 6S Plus have only been in stores a few days, but that hasn’t stopped devoted tech fans rushing out to be one of the first to get their hands on it. If you’re on a strict budget but you’re looking to upgrade to a better smartphone, you’ve probably looked at the new iPhones and dismissed them as being too expensive.

As an alternative, you could pick up a budget smartphone instead but if you’ve got your heart set on an iPhone, there is a way you could get one for less. If you’re not too interested in having the newest or flashiest model, you could pick up a used iPhone 6, 6 Plus or 5S for a bargain price, compared to the iPhone 6S’s £539 price tag. And if you’ve got an older iPhone, you might be able to trade this in for some extra cash.

Getting a cheaper model

It’s easy to buy a second-hand iPhone, especially as so many people are selling them so they can buy the newer models. You can get an iPhone 6 or if you’ve got a bit more cash to splash, you could go for the bigger iPhone 6 Plus. The previous model – the iPhone 5S – will be even cheaper, but it’s best not to go for a phone any earlier than this. If you do, you run the risk of it becoming outdated and not getting updates for apps or fixing any security problems.

Look for deals for cheap iPhones on Amazon or eBay. For example, this iPhone 5S is currently available for £249.99* from eBay. You could also look in physical stores like CEX, where you’ll be able to pick up iPhones for a similar price. Remember, you’ll pay more if you want an unlocked smartphone – if you don’t mind being tied to a particular network you could get a better deal.

Cash for iPhones

If you’re planning on selling an older iPhone, it’s important that you wipe all of your details from it first – otherwise an opportunistic hacker could steal your details. You can do this by going to your iPhone’s Settings, clicking on General, Reset, then Erase All Content and Settings.

You can sell your iPhone to a resale website like Mazuma Mobile or Music Magpie. It’s worth checking how much these sites will currently offer for your phone, as if lots of people have had the same idea and traded in their iPhones, they might not offer a great rate at the moment.

Alternatively, you could trade in your old iPhone to a network provider to get some cash to use for a new phone. o2 Recycle and Recycle EE both offer this service, but it might be worth checking your current network (or the network you want to run the iPhone on) to see what deals are available if you’re planning on getting a contract.

*Prices correct at 05/10/15

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