With a price tag of over $1,300, Apple’s latest iPhone X seems out of reach for many Canadians. But thanks to the announcement of the newer models, the more frugal shopper can look forward to a price dip on last year’s model.
EBay Canada says prices of the previous generation of iPhone dropped by nearly 10 per cent during the month after the release of a new phone, for three years straight.
The company also said that the amount of transactions of iPhones doubled after the announcement of the iPhone 7; usually an iPhone is sold or bought by a Canadian every 10 minutes, but in Sept. 2016 there was a transaction once every five minutes.
With Tuesday’s announcement of both the iPhone 8 models along with the more expensive iPhone X (pronounced iPhone ten), eBay says now is the time to think of selling your iPhone.
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Here are some tips from eBay Canada’s head of Communications, Camille Kowalewski, for both buyers and sellers:
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