How much can you get for your old iPhone 6?
With Apple's recent announcement of the new iPhone 7, the resale value of those old iPhone 6 models will be declining quickly.
If you're planning on getting the new iPhone 7, what should you do with your old device? Add it to the drawer with all those other has-been phones, or sell it off?
If you chose the latter, you better do it soon if you want to make any money off of it. According to data from the electronics trade-in company NextWorth, the resale value of the iPhone 6 and 6s will drop drastically.
See how much other old Apple products are going for on eBay today:
According to Brendan McCue, NextWorth's gadget analyst, "We're expecting a drop that lines up pretty similarly to what we've seen in the past with the introduction of a new generation of phones."
He believes there may be an even larger decline in resale value than the iPhone 5s due to the new upgrade of the wireless headphones and "form-factor" design change.
Lesson to learn here, if you want to make any money on your old phone, you better get to selling.
After all, you're going to need some extra cash to pay for the new AirPod headphones that won't be coming with your new iPhone 7.
Check out photos of the iPhone 7: