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$40 Apple iPhone 5C, How is it in 2018?

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  • Here's how much your old iPhone could fetch on eBay today;

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Brit Awards Brit Awards Pregnant Gemma Atkinson laughs as Gorka Marquez mocks her baby bump Gemma Atkinson looked stunning as she hit the red carpet with her baby bump on full display at the Brit Awards Sell that old iPhone to help subsidize the new one. Here's how to get rid of it in the most profitable manner possible. The closer we get to new iPhone preorders, the less your earlier model will be worth. MusicMagpie, a UK-based tech trade-in site which operates in the US as Decluttr , notes that while Apple phones have the lowest depreciation of any brand , iPhones will lose as much as 25 percent of their value immediately following the announcement of new models.

If you have a backup phone -- or can borrow one -- sell your phone right now. If that's not an option, some sites including Gazelle give you a grace period of up 30 days before you send in your phone. Whether you sell your iPhone by yourself or trade it in to a third-party company, there are a few things you should do to make sure your data is safe:.

You'll get the most money for your phone if it's in tip-top shape, but you can still do well if it's in "good" condition: No cracks in the screen, no big dents or scratches in the casing, no water damage and everything is working well meaning the phone turns on, holds a charge and so forth. If your phone is damaged you can probably still get something for it, even if it doesn't turn on.

It's not worth it to repair a cracked screen before you sell, but if your screen is only slightly damaged -- a small hairline crack in the corner, for example -- you may want to sell it on your own instead of trading it in.

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An individual may be willing to overlook superficial screen damage for a good price. Selling your iPhone by yourself will usually net you the most profit, but it's not without risks. Craigslist is the riskiest option, but you will get cash for your device. The biggest challenge here isn't finding customers -- it's getting them to show up. Be prepared for flakes. If you do decide to use Craigslist or another in-person option, make sure you meet your buyer in a well-lit, public place many police departments offer their parking lots as transaction sites. For the smoothest transaction, make the agreement clear prior to meeting -- your customer should know the price, condition of the phone and its wireless carrier in advance.

If you don't mind putting in a little work -- listing, shipping and paying a small sales fee -- eBay is a better option than Craigslist for selling your used iPhone. Because eBay offers its buyers purchase protection, people are more comfortable buying from strangers.

How to make the most money selling your old iPhone

The downside? If you accept payment through PayPal, it charges a fee of 2. To price your device, search for your model on eBay and check the "sold" listings.

At the time of writing this article, these are the ballpark going rates for various used iPhones on eBay:. The main downside to selling your iPhone on eBay is the potential risk of buyers' remorse. Scammers know how to take advantage of this. You can minimize your risk by documenting everything and shipping your device through a trackable service with proof of delivery.

Trading in your device for cash, store credit or gift cards is often the least profitable option, but you also won't be liable for any issues with the device once it leaves your hands. Plus, if your iPhone is in less-than-great condition, some companies will still take it -- even if it doesn't turn on at all.

Before you sell

Trading in your iPhone instead of selling it is a great option if you're willing to give up a little profit for convenience and peace of mind. Don't want to spend time jumping from store to store getting quotes? Head to Flipsy , which compares trade-in values on around 20 buyback stores.