How to (Quickly) Sell Your iPhone For Cash

Rumor has it that Apple will announce the release of the iPhone 5 today. And like many (41% of existing cell phone users, according to one dubious study), I plan to purchase the new gizmo as soon as the crazy lines at the Apple store die down. But this raises one big question–what do I do with my existing cell phone (a Droid X)?

One option is to sell the cell on eBay or Craigslist. A quick search of either site shows a glut of phones on the market. But if you are looking for an approach that’s not so labor intensive, there are several sites that will buy your old mobile.

Using my Droid X, I compared these sites to see which one offered the best deal. I also checked out the price on an iPhone 4 (Verizon) with 32 GB of memory and in excellent condition. Here are the results–


Gazelle--Sell and Recycle Old Cell PhonesThe first site in our roundup is one I saw in Macworld magazine. Gazelle buys back just about any gadget. The site is very easy to use, extremely professional, and it made me an offer on my Droid X in about 60 seconds. I had to rate the condition of my phone and indicate whether I had the AC adaptor, a rechargeable battery, and original cables (I do).

Gazelle’s Offers

  • Droid X: $66
  • iPhone 4: $160


I found this site to be a lot less professional and harder to use than Gazelle. The problem is how you go about searching for your specific phone. It wasn’t easy, and in the end, it doesn’t appear that iBuyPhones purchases a Droid X, which is a bit hard to believe. The site does buy back the “A855-Droid,” whatever that is.

iBuyPhones’ Offers

  • A855-Droid: $22
  • iPhone 4: $110


The focus at YouRenew is the environment. Rather than filling up landfills with discarded cell phones, you can sell your phone, pocket some cash, and rest assured that the phone will end up in the hands of a consumer. In this way YouRenew is no different than the other sites listed here, but its focus on the environment is refreshing.

Searching for my Droid X at YouRenew was a snap. I answered four question, and my offer was instantaneous.

YouRenew’s offers

  • Droid X: $90
  • iPhone 4: $200

If you’ve ever used any of these sites, please share your experience in the comments below.

Topics: Personal Finance

3 Responses to “How to (Quickly) Sell Your iPhone For Cash”

  1. Thanks for mentioning in the article! Just to clarify one thing. We don’t ask for the condition because we think it slows down the process especially for those that want to sell us multiple phones. We do not change prices based on cosmetic condition if the phone is fully functional.

    But…we will not pay anything for a phone that isn’t fully functional or damaged such as a cracked screen, cracked casing, missing screen pixels. We do make a modified offer for an iPhone 3G or 3Gs with a hairline crack as this is somewhat common and we can get it fixed due to the high value of the iPhone.

    Since we generally buy only 100% functioning, non-broken phones, we are able to maintain one price and most phones come in pretty good condition.

    This also has a benefit to the consumer in that we don’t have to argue about the difference between whether a phone is in excellent, good or fair condition. If it works and is not broken, we will pay for it.

  2. Christie

    I think it’s great!! Went to YouRenew website and it was really easy to navigate thru to find my cell phone.
    But I would like to point out that most of these places don’t take anything but the newer model cell phones and only offer to recycle the older models.
    For people like me who are poverty stricken…. isn’t there anyone who will buy the older models? Even if it’s for just a few bucks, every little bit helps. Right?

  3. For an added touch of top notch customer service, knowledge and security- check out Sellyourmac offers an free, instant, no obligation quote on your used iphone AND they give you a check or Paypal in exchange for your iphone. Use this cash to upgrade to the Iphone4S or for whatever your heart desires! is a company built by an apple enthusiast who wants to give you an easy, no hassle service for buying and selling of apple products like iphones. has an A+ credit rating from the Better Business Bureau (BBB), and over 2200 facebook iLike fans.

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