Unlock a New iPhone: Sell Your Old Device by Tomorrow and Afford the Latest Model – iPhone 16 models

Attention phone enthusiasts: if you’re planning to sell your old iPhone to upgrade to one of the new iPhone 16 models, time’s running out to get the best return. According to SellCell, a platform that lets you compare phone prices, the value of older iPhones tends to take a sharp dive after Apple introduces new models. Mark your calendars: the official unveiling is set for September 9th, pre-orders begin on the 13th, and new phone delivery is expected on the 20th.

If your goal is to snag a new iPhone 16 – whether that’s the 16, 16 Pro, 16 Pro Max, or even the 16 Pro Ultra – you might want to consider selling your old iPhone ASAP. Take a closer look at past trends, and you’ll see that waiting too long can mean a loss in value – as much as 8.3%. In terms of dollars and cents, that’s as much as $133 if you don’t sell in the 28 days before the release date.

Want more concrete proof? Last year, the 1TB iPhone 14 Pro Max saw a value drop of $104 in the 14 days leading up to the release of the iPhone 15 series. To put this into perspective: if the iPhone 16 series arrives on September 20th, you can expect prices to drop sharp by the 6th of this month.

You might be wondering what your options are if you hold off selling your old phone. Phone buyers often allow you to lock in a price for up to 30 days – think selling, shopping for an new phone, and getting your new unit delivered and then sending back your old phone.

When it comes to the timing of sales, SellCell suggests getting rid of your old phone by September 6th to avoid dipping into those savings. They’ve calculated that waiting any longer can mean a 104 dollar loss in the value of your phone come September 20th – a scary thought if your budget for a new iPhone is as tight as that.

Perhaps the prospect of losing hundreds of dollars – or having to dig up extra change from the depths of your couch – sounds like motivation enough to put your iPhone on the selling block today.