iPhone Price War: Get Top Dollar to Switch to Verizon

Verizon iPhone 4 launch press conferenceAs soon as the Verizon iPhone 4 was announced, the money that gadget buyers were willing to lay out for old iPhones went up and a price war broke out online for for your old iPhone. The good news for anyone looking to switch to the iPhone on Verizon is that it's easier than ever to get the best price for your old iPhone without doing a lot of work.

WalletPop recently highlighted a listing of prices from popular gadget recycler Gazelle.com, which was quick to put out the call for old iPhones. Gazelle's average prices for your old iPhone are up from November 2010 anywhere from a few dollars to a lofty $22 increase on the iPhone 3GS 8GB model.It wasn't long before NextWorth, a competing gadget buyer that purchases online and at many Target stores, responded with increased prices for old iPhones and other smartphones in a bid to make switching to the Verizon iPhone more affordable.

The current NextWorth pricing for "Like New" iPhones are as follows;
  • iPhone 3GS 32GB - $201
  • iPhone 3GS 16GB - $155
  • iPhone 3G 16GB - $125
  • iPhone 3G 8GB – $91.50
But wait, there's more. If you act right now, you can score even better deals by searching numerous gadget recyclers at once with EcoSquid. In a quick search for a "like new" iPhone 4 32GB model, we saw offers as high as $460.

Keep in mind if you go looking at EcoSquid, you should be sure to click the "compare services" option to see how long it will take the buyer to pay you because not all of services operate at the same speed.

If you recently bought an Android phone from Verizon, you can also get a good deal from Verizon. The company is offering a $200 Visa debit card to customers who buy an iPhone and return the old smartphone. The deal is good for those who purchased a smartphone between Nov. 26th, 2010, and Jan. 10th. You will have to pay full retail price for the iPhone to get the gift card. This may not be the best deal, so be sure to run the numbers for your specific offer before signing on the dotted line.

If you want to be sure to get all you can out of your iPhone or smart phone when you trade it in or sell it yourself here are a few tips.
  • Clean it Up: There are tips for buffing out scuffs or replacing a part of your device to take it from poor condition to like new and increasing your price pretty easily.
  • Include the Extras: Take the extra 15 minutes to find your box, original charger and cables. These add to the value of the trade in.
  • Sell it Yourself: If you can handle the time and hassle of selling yourself, you'll almost always get a higher price selling it on eBay or Craigslist.
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