With Apple releasing new iPhones at least once a year, previous models tend to depreciate even faster. So if you have an unwanted iPhone 11 smartphone, what are you waiting on?!
This post will help you determine the current trade-in price of a used iPhone 11 and provide you with some tips and insights on how to resell it quickly.
How Much is Pre-Owned Apple iPhone 11 Still Worth Today?
Yes, the Apple iPhone 11 came out not so long ago, in 2019. But a two-year-old phone by today’s standards is considered, well, outdated. Luckily, used iPhone 11 models still hold decent resale value because, generally, Apple products are highly regarded among fans, giving used iPhones an edge compared to other brands.
So let’s take a look at factors that determine a resale price of a used iPhone 11. Those are:
- Storage size
- Carrier and unlock status
- Its working state (whether the phone is fully working or not, maximum battery capacity, etc.)
- Overall cosmetic condition
For example, if your iPhone 11 is unlocked, you have better chances to sell or trade it in quickly. And again, if you always keep your iPhone in a case and with a screen protector, we assume it is still in mint condition. Which means it has a higher trade-in price.
On the other hand, iPhones with scuff marks, scratches, and cracks are a challenging sale. But they still have some trade-in price nonetheless.
Apple iPhone 11 Trade-in Price
As noted above, the trade-in value of a pre-owned iPhone 11 depends on the configuration (carrier, storage size), cosmetic, and functional condition. Overall, Apple products have a good resale value in the re-commerce space, iPhones in particular. However, it all comes down to timing. For example, the latest iPhone 13 release reduced trade-in prices of all older models dramatically. And the prices keep going down.
If you are going to upgrade, Apple Trade-in is your best bet: nobody can beat their offers. But if your goal is selling for cash, here are a few examples of the used iPhone 11 trade-in price:
- Factory unlocked Apple iPhone 11 128GB can be resold for up to $271*.
- Pre-owned Apple iPhone 11 64GB AT&T in flawless condition gets you a $230 cash offer.*
Naturally, iPhone 11 Pro and iPhone 11 Pro Max will have a higher trade-in price, but this post focuses on the base model’s buyback value.
Where to Sell a Pre-Owned iPhone 11?
iPhone owners have plenty of possibilities when it comes to reselling their older models. The main question is: are you upgrading, or are you switching brands?
There is no better option than the Apple Trade-in program for those looking to upgrade their iPhones right now. It allows you to reduce the cost of your new iPhone 13 by trading in the older model during the checkout process.
However, it is no use if you don’t want to keep using iPhones. If you’re going to sell your iPhone for cash, we suggest moving quickly all the same, as the iPhone resale market is very volatile right now. For a speedy cash sale, pick a trusted buyback site that accepts iPhones.
Any buyback platform is easy to use and navigate and assures a quick, painless turnaround, as long as certain conditions are met: i.e., you described your iPhone 11 accurately, it is not locked or linked to iCloud, etc.
But if you are not in a hurry and are willing to invest some time and effort to get a little bit more money for your used iPhone, look into Facebook Marketplace or Craigslist. Yes, it is a hassle, as the seller must create a legible listing, provide product photos, meet with buyers, etc. But hopefully, there is a cash reward at the end of that road. And if it does not work out, well, there is always Gadget Salvation!
Bottom Line
A pre-owned Apple iPhone 11 has a reasonable trade-in price still. Especially if you took good care of the phone so that it is still fully functional and in excellent cosmetic condition. And whether you want to trade your iPhone 11 in or resell for cash, shop around and evaluate your options. But don’t sit on this decision too long: Apple iPhone 11 is a two-year-old model, after all, so its price is only going to drop as time goes on.
*Priced on 10/18/2021. Subject to change.