We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

MSE News: Trade-in your iPhone 5 now for max cash

Options
Former_MSE_Becca
Former_MSE_Becca Posts: 250 Forumite
edited 10 September 2013 at 5:57PM in Mobiles
"The price you get for an iPhone could soon plummet, following the announcement of a new model expected this evening..."
Read the full story:

Trade-in your iPhone 5 now for max cash

OfficialStamp.gif

Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
«13

Comments

  • zennith
    zennith Posts: 12,193 Forumite
    I'm still more than happy with my Nokia 1112

    25138986_1.jpg
  • chanz4
    chanz4 Posts: 11,057 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Xmas Saver!
    iphone sheep will be ordering
    Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.
  • NFH
    NFH Posts: 4,413 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    The iPhone 5 is being discontinued and replaced with the iPhone 5S, which will sell for £10 to £30 more than the iPhone 5 did. This is different from Apple's previous approach of continuing to sell previous iPhone models at reduced prices.

    16GB: £529 for iPhone 5 vs £549 for iPhone 5S - £20 increase
    32GB: £599 for iPhone 5 vs £629 for iPhone 5S - £30 increase
    64GB: £699 for iPhone 5 vs £709 for iPhone 5S - £10 increase

    The increased prices for the iPhone 5S could mitigate the iPhone 5's reduction in resale value as a result of its discontinuation.
  • NFH wrote: »
    The iPhone 5 is being discontinued and replaced with the iPhone 5S, which will sell for £10 to £30 more than the iPhone 5 did.

    The increased prices for the iPhone 5S could mitigate the iPhone 5's reduction in resale value as a result of its discontinuation.

    Thanks NFH, this is interesting - obviously I wrote this story before the iPhone announcement, and we didn't realise the iPhone 5 was being discontinued.

    Because of this, those selling the iPhone 5 to upgrade to a 5S will probably be able to fetch more for it on eBay - though obviously there are listing fees and things to consider...

    Will anyone be upgrading and trading in their iPhone 5 for the iPhone 5S?

    Many thanks,
    MSE Becca
  • matttye
    matttye Posts: 4,828 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    MSE_Becca wrote: »
    Will anyone be upgrading and trading in their iPhone 5 for the iPhone 5S?

    Not me!

    The new iPhone will be great for people who play graphic-intensive games and take lots of pictures due to the twice-as-fast CPU (and improved GPU) and improved camera+flash, but that's about the only real benefits over the 5 IMO. iOS is already super smooth on the iPhone 5, so having a CPU that's twice as fast will only benefit the user so much.

    The fingerprint sensor will simplify unlocking the phone and buying apps/songs/etc. and also make it more secure, but it's only slightly more convenient than the current passcode solution.

    I wonder if iPhone 5 will actually sell well on eBay given their limited availability... it'll be the first time Apple has discontinued an iPhone after only one year.
    What will your verse be?

    R.I.P Robin Williams.
  • I was hoping the iPhone 5 would come down in price so I'm a bit gutted its been discontinued instead. Will wait a few weeks then decide what to do about my upgrade as I won't be willing to pay the prices the new ones will be but not sure I want a 4s as its still expensive for an older phone
    Have a Bsc Hons open degree from the Open University 2015 :j:D:eek::T
  • matttye
    matttye Posts: 4,828 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    I was hoping the iPhone 5 would come down in price so I'm a bit gutted its been discontinued instead. Will wait a few weeks then decide what to do about my upgrade as I won't be willing to pay the prices the new ones will be but not sure I want a 4s as its still expensive for an older phone

    The 5C has slightly improved specs over the 5, so you can kind of still buy a 5. It just looks different :p
    What will your verse be?

    R.I.P Robin Williams.
  • NFH
    NFH Posts: 4,413 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I was hoping the iPhone 5 would come down in price so I'm a bit gutted its been discontinued instead.
    It means that those hoping for an iPhone 5 at a reduced price will have to buy secondhand rather than buying new. Maybe Apple's unusual approach here will uphold resale values of the iPhone 5.
  • Jimmyc
    Jimmyc Posts: 171 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    NFH wrote: »
    The iPhone 5 is being discontinued and replaced with the iPhone 5S, which will sell for £10 to £30 more than the iPhone 5 did. This is different from Apple's previous approach of continuing to sell previous iPhone models at reduced prices.

    16GB: £529 for iPhone 5 vs £549 for iPhone 5S - £20 increase
    32GB: £599 for iPhone 5 vs £629 for iPhone 5S - £30 increase
    64GB: £699 for iPhone 5 vs £709 for iPhone 5S - £10 increase

    The increased prices for the iPhone 5S could mitigate the iPhone 5's reduction in resale value as a result of its discontinuation.

    Price increase might be because the £ is weaker against the $ compared to this time a year ago
  • redux
    redux Posts: 22,976 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Why trade in or sell?

    I understood that insurers have noticed large increases in accidental damage to much-loved iPhones just after each new model is announced.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.