Even if you’re in the iPhone Upgrade Program, you might have an old iPhone languishing in a drawer somewhere unused. And if you buy your iPhone outright each year, you can usually recoup a good amount of that cost by selling the old model every time you upgrade. Here’s what you need to know about selling or trading in your old iPhone for top dollar.
Editor's note: This article first published in December 2017. It has been updated to reflect changes in policies of each company, and the values of the iPhones being traded in.
How to get an old iPhone ready for sale
Take good care of it. This probably goes without saying, but you’ll get the most money if your iPhone is in pristine shape. That means keeping it in a case to prevent bumps and dings to the corners. But if your phone shows some wear and tear, don’t worry—it’s still sellable, you’ll just get a little less. Keeping your original box, and including the charger and cable also helps you get the most money.