refurbished Iphone resell value once the new gen phones come out?

illusion88

Lifer
Oct 2, 2001
13,164
3
81
I just bought a refurbished Iphone with the intent of selling it right away. I paid $250 for it and they are selling for $400+ on Ebay. If it doesn't sell in 13 days I'll just return it to Apple.

I was thinking though, it would be pretty sweet to play with for a few months. Do you think that when the new gne phones comes out the resell value could drop below $250?
 

SAWYER

Lifer
Apr 27, 2000
16,742
42
91
I bought one with the same intentions! If it sells for a profit I will buy another refurb or two and make enough to buy one form the profit.
 

daveymark

Lifer
Sep 15, 2003
10,573
1
0
buy low, sell high. that's all I can recommend when it comes to matters of speculation.

hope this helps

PM me if you want stock tips too
 

Gothgar

Lifer
Sep 1, 2004
13,429
1
0
Originally posted by: daveymark
buy low, sell high. that's all I can recommend when it comes to matters of speculation.

hope this helps

PM me if you want stock tips too

interesting logic there...
 

LtPage1

Diamond Member
Jan 15, 2004
6,311
2
0
Apple might also release a low-cost version at the same time, which would screw you. The rumor mill has been pointing to early next year for that one (iPhone Nano?), but you never know.
 

rockyct

Diamond Member
Jun 23, 2001
6,656
32
91
I would just sell it now then get stuck with it. The longer you wait, the more people will hear about the new gen coming out and it may hurt prices.
 

Pliablemoose

Lifer
Oct 11, 1999
25,195
0
56
The gen 1 phones aren't going to lose that much value, many of them get hacked and used on other carriers...