Sell Your Old iPhone Now, Before The New One Comes Out

The new iPhone is rumored to be revealed at a press conference that Apple has scheduled for September 10th. If you were thinking of selling your iPhone, now is the time.

According to new metrics from uSell.com which measured the effect of a new iPhone model on the used iPhone market in 2012, when new models come out, the resale value of old models goes way down. According to the site, a week after the iPhone 5 launch, old iPhones lost about 5% in value.

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