Recycle Your Old iPhone for Cash

25.06.2010
With people all over the world to buy the new iPhone 4, many are asking what they can do with their old iPhones. Since the price tag floats between $199 and $299, based on features, carrier plans, and whether you're a new or existing iPhone subscriber, wouldn't it be nice to recoup a bit of that investment while keeping an old device out of a landfill?

Well, maybe you and your small business can both save some money. Vendors from across the globe are offering cash or exchange offers for , in addition to a variety of other handsets.

Some companies, such as NextWorth and Gazelle, offer to purchase your organization's old phones in bulk, providing volume incentives for selling your used equipment to them. Each offer is different, based on the number of phones, their condition, accessories, and so forth, so you may have to call or e-mail to negotiate for the best deal.

Services that pay for iPhones

has an iPhone trade-in program that, it says, "can fully subsidize the price of upgrading" from the iPhone 3Gs to the iPhone 4, plus, it offers cash incentives for referrals that result in additional sales. iPhone owners can trade up in any of NextWorth's participating retail stores, such as Target, or use the online program, which has a 10-day turnaround for an old iPhone in good condition. The service provides pre-paid shipping labels, but its Web site doesn't mention whether it wipes the old data, so be sure to clean your device before you let it go. For a functional, normal 16GB iPhone 3G without any cables or accessories, NextWorth offers $107.50.

For the same type of iPhone, offers you $96. Gazelle pays cash for products in good condition, which they inspect on receipt, then determine the value and send you the cash. The company provides free shipping with packaging, and says it will wipe all devices . Turnaround with Gazelle is approximately one week after it receives your package.