The iPhone 8 Plus, released in September 2017, still holds a surprising amount of value in today’s market. If you’re considering selling or trading it in, knowing its worth can help you maximize your return. Currently, the resale price for a used iPhone 8 Plus ranges from approximately $38 to $117 depending on various factors such as condition and storage capacity.
Let’s break this down further: if your device is unlocked and in mint condition, you could fetch up to $117 for the highest storage option (256GB). However, even if it's showing signs of wear—like minor scratches or a cracked screen—you might still see offers around $41 for devices that are not functioning perfectly. The difference between conditions can be significant; an unlocked phone generally commands higher prices than one locked to carriers like AT&T or Verizon.
Storage size plays a crucial role too. A model with more memory tends to sell at a premium; for instance, while a basic 64GB version may net about $95 when sold outright under ideal conditions, bumping up to the next tier could mean an additional increase of nearly 19%.
But how do these values change over time? It’s essential to keep track because smartphones depreciate quickly—often losing around 43% of their value within just one year after purchase. Therefore, timing your sale can make all the difference between getting top dollar versus settling for less later on.
When looking into options for selling your iPhone 8 Plus, consider various avenues: online buyback companies often provide competitive quotes compared to traditional retailers who may offer store credit instead of cash payments. Platforms like BankMyCell allow users to compare offers from over twenty trusted buyers every fifteen minutes—ensuring you're making informed decisions based on real-time data.
While local marketplaces like Craigslist or Facebook Marketplace present opportunities as well—they come with risks regarding buyer reliability and safety during transactions. Ultimately though, your choice will depend largely on what works best for you personally and financially.