7 questions to ask before buying a used phone

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how to buy a used phone
If you want to buy a used phone, you should take some precautions.
Photo: dulnan/Flickr CC

If you’re in the market for a new smartphone, checking prices could give you a serious case of sticker shock. Both the iPhone 7 and Google’s Pixel start at $649 and go up from there, with a top-of-the-line iPhone 7 Plus selling for $969.

If you’re OK with having something that’s a little less than the latest model, going with a used phone can save you a bundle. The downside? Getting a good deal — and a phone that works — takes more effort than buying a new phone off the store shelf. If you’re willing to put in some legwork to save cash, here’s what you need to know about buying a used cell phone — and seven questions to ask before doing so.

Get ready for used Apple Watch trade-ins

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Apple Watch - useful, or just a trend? Photo: Apple

One of the biggest questions surrounding the Apple Watch is how well its value will stand the test of time. Will Apple offer some sort of upgrade program for the opulent 10K Edition model? Will the tech-laden timepiece on your wrist be obsolete in two years?

Gazelle is banking on there being a thriving market for used Apple Watches as early adopters upgrade, much like there already is for used iPhones and iPads. The company announced its new trade-in program today ahead of the Watch’s April release.

Apple Confirms iPhone Trade-In Program Available Nationwide Today

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iPhone 5 Apple Store

Apple has confirmed to CNBC that a new iPhone trade-in program will be available in Apple Stores across the United States today — less than two weeks before the Cupertino company is set to announce the iPhone 5S and iPhone 5C.

Customers will be able to exchange their old Apple smartphone for a gift card, which can then be redeemed against a new device with a new two-year contract.

Sell Your Used iPhone To Gazelle Now, Only Send It In After You Get The iPhone 5S

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In the two weeks preceding every major Apple product launch, the buy-back companies start circling, trying to convince you to sell your old iPhones and iPads to them instead of the competition. This year’s iPhone 5S and 5C launch is no exception, and even Apple is rumored to be starting a buy-back program.

Gazelle is one of the oldest “recyclers” of used iOS devices, and we have recommended the service before. This year, though, their service is getting even better, because they are allowing now offering a price-lock guarantee.

Turn Used Gadgets Into Gold Nuggets With Gazelle [Sponsored Post]

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Gazelle

iPhone Trade-in Prices Have Started To Drop After iPhone 5 Announcement

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If you didn’t sell your iPhone 4/4S before the announcement of the iPhone 5, you’d better do it soon before its value drops considerably. Reports have already come in that iPhone trade-in prices have started to drop on most major iPhone trade-in sites.

In the two days since Apple announced the iPhone 5, values on used iPhones have already dropped as much as 8%. Once the iPhone 5 hits shelves next week, values are expected to drop even faster.

The Best Places To Sell Your Old iPhone To Get An iPhone 5 [Guide]

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Upgrading to the iPhone every year is costly, but if you keep your iPhone in great condition, you can always sell it right before the next iPhone comes out and use that to supplement the cost of upgrading.

Knowing the best place to sell your iPhone can be the tricky part because there are dozens of places you can go to as each vendor is different and will  offer you different methods and prices. Here are the best places to sell your iPhone now so you can get an iPhone 5.

Samsung Customers ‘Jumping Ship’, Selling Their Devices Following Loss To Apple

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Trying to sell one of these? You're not the only one.
Trying to sell one of these? You're not the only one.

Apple’s lengthy battle with Samsung came to a close last Friday when a jury decided Samsung was guilty of infringing six of Apple’s patents, and that it must pay more than $1 billion in damages as a result. Not only was this a huge blow to Samsung, but it appears it’s also hit the Korean company’s customers, too.

One used electronics company has seen a 50% growth in the sale of Samsung devices as customers “jump ship” following its loss.