As the launch date of Apple’s new iPhone gets closer, the value of your old iPhones tends to depreciate rather quickly.
But thanks to what Gazelle announced today, you can lock in the price of your used iPhone now, then send it in to Gazelle for cash when you have your new iPhone in your eager hands.
This means instead of having the usual 30-day price lock guarantee, it is now extended to up to 50 days (for orders placed between now and September 10, 2013) — you can hold on to your current iPhone until October 15th to send it to Gazelle, giving you plenty of time to transition to your new iPhone. And with this new Extended Price Lock Guarantee you’ll lock in today’s price no matter if the value of your old iPhone goes down after the new iPhone comes out.
Apple is expected to announce new iPhones on September 10th with availability rumored to be on September 20th.
“Our price lock promotion allows savvy consumers to maximize the value of their old iPhone and lets them wait until after the new iPhone is here to send in their old one,” said Sarah Welch, chief marketing officer, Gazelle. “In many cases we pay enough to cover the full cost of upgrading to a new phone. We’ve been doing this quietly for years to help our customers get great value despite the potential challenges of getting their hands on a new iPhone in the early days of a launch, and we’re delighted to extend the price lock program even further this year.”
You can trade in every model of the iPhone except the first-generation one. Values go as high as $350 for an unlocked 64GB iPhone 5.
Here’s what to do: Go to Gazelle using this link, select “iPhone,” then use their online form to select what model and carrier you have, and the condition of your phone. They’ll quote a price and send shipping materials to you for free. After locking in your price, simply send Gazelle your old iPhone by October 15th and they’ll send you the cash. They even pay for shipping your old iPhone to them so you don’t have to.
And by using this link to Gazelle that I’m giving you, get an extra $10 reward on your first trade-in!
In addition, earn an additional 5% by taking payment with an Amazon gift card instead of a check. It’s your choice!
I’ve used Gazelle to get cash for my old iPhones for years and I recommend them highly. I first blogged about it here.