Where to get the most money for your old iPhone?

Where to get the most money for your old iPhone?

Ebay.

As we prepare for Apple's big media event on Sept. 9, many of us are wondering what to do with our old iPhone devices. You could give it to a family member, keep it as an emergency backup, or try to make a little money back off of your investment by selling it.

There are a number of ways you can sell your iPhone, whether it is on Ebay, Craiglist, or any number of gadget reseller websites. We've got a list of where you can get the most money for your much loved, but now outdated iPhone.

All of the examples below are based on a good condition, 16GB, Space Gray, AT&T iPhone 5, since many are likely to be upgrading out of a two-year contract. The amount of money you could receive for your model depends on a variety of factors, including size, condition, and whether it is factory unlocked.

Gazelle is a trustworthy online gadget-buying store. The company has made a name for itself as being convenient and simple to use. They don't offer the most for your device, but they are also not picky with scratches, or even busted screens.

You can get an estimate right now for what your phone is worth, and even lock in the price so you can still receive that amount after the new model iPhone comes out. You have until Oct. 10 to ship the device. Gazelle will send you a box and even pay for the shipping. Right now, the base price for a 16GB iPhone 5 is $150, which is $50 less than what you bought it for brand new in 2012. You can even sell them a broken, non-working iPhone 5 for $70. Not bad for what is essentially a paperweight.

Base price for a 16GB Space Gray AT&T iPhone 5: $150 + $10 bonus when you use the link below
The good: you can lock the price in; free shipping
The bad: none

Sammy Deguzman