The holiday season is fast approaching and local re-commerce sites like Gazelle, NextWorth, and YouRenew are hoping to cash in. These sites all provide much easier ways to turn your old gadgets into quick cash without having to facilitate the sale and deal with the hassle of craigslist or eBay. Think ‘sell it now’ rather than ‘buy it now.’
With the rumors surrounding the launch of an iPhone 4 on Verizon’s network early next year, and the lack of ‘bars’ AT&T provides, this might be the time to cash in. The iPhone has had a tremendous 3-year run exclusively on AT&T’s network, but with growing pressure from other manufacturers, many of whom are building onGoogle’s Android platform, Apple must expand to other networks. The move could be a huge blow for AT&T, as iPhone sales have been primarily responsible for the company’s growth over the past three years.
So if you are unhappy with AT&T and have a backup phone that will hold you over until next year, get ready to get paid, because these sites are shelling out top dollar for your iPhone 4*.
YouRenew.com
Gazelle
The Verdict
All three services provide free shipping, similar payment methods (paypal, check) and green initiatives. NextWorth has a unique advantage because of their partnerships with stores – allowing in-store exchanges – but Gazelle offers the highest price. YouRenew appears to the be the rookie in the group, and if they are going to keep up with the big dogs, they must offer a unique option for their service.
As of today, Gazelle is the best option for selling your iPhone 4. At $467 dollars you should be able to cover your early termination fee and the cost of a new iPhone with a 2 year contract.
*To demonstrate which reCommerce buyer is best, we ran numbers for the iPhone 4 32 GB with all accessories included and in “like new” condition. Still toting around that iPhone 3G, don’t worry we have you covered as well.
