Ready for the new iPhone? Sell your old tech for cash or credit

Apple iPhone buyback offer
My iPhone buyback offer from Apple

Between last week’s new Kindle announcement, the new Nokia Lumia announcement, and this week’s new iPhone 5 announcement, you may be itching for some new tech. And if you’re upgrading old gadgets, you might want to sell your old tech to raise a little cash for a new purchase.

If you decide to sell your device, definitely do some comparison shopping! There’s a lot of competition in the used gadget buyback market, and some pros and cons to each competitor. But the idea is the same across the board: sell your old gadgets, get cash or credit. The basics about each site below, plus what they offered my for my 8GB iPhone 4. For each site I said that it was in fair to good condition, with no water damage or screen cracks, but that I wouldn’t be including the charger.

Gazelle.com
Classic. Gazelle is one of the originals in the gadget buyback game, and they still have one of the easiest consumer experiences. They buy all kinds of smartphones and cell phones, but as far as computers and tablets go they’re only interested in Mac products. Shipping your phone to Gazelle doesn’t cost anything, so you get to keep 100% of your payments (check, Amazon gift card or PayPal). My offer: $116.

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