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Shopping & E-Commerce | June 2026

Your Old iPhone Is Worth Real Money Right Now — Here's Exactly How to Sell It

That iPhone sitting in a drawer could be worth $80–$600 depending on model and condition. Gizmogo pays within 24 hours via PayPal or check, provides a free shipping label, and adds a $5 bonus for new accounts. Here's the 10-minute process.

RK

Rachel Kim

Consumer Products Editor

June 14, 2026

Updated June 14, 2026 · 6 min read

★★★★★ 3,984 people found this helpful
Your Old iPhone Is Worth Real Money Right Now — Here's Exactly How to Sell It

Bottom line: Most people have at least one unused iPhone, iPad, or MacBook sitting in a drawer. Gizmogo provides an instant quote, a free prepaid shipping label, and payment within 24 hours of receiving the device. An iPhone 14 Pro Max in good condition is currently worth $280–$580. The entire process — quote to payment — takes under 10 minutes of your time.

What Gizmogo Pays Right Now (Current Price Ranges)

A used iPhone 14 Pro Max in good condition is currently worth $280–$400 depending on storage size. A MacBook Air M1 runs $380–$560. These ranges reflect current Gizmogo payouts for devices with minor scratches and full functionality.

DeviceGood ConditionExcellent Condition
iPhone 16 Pro Max$480–$620$580–$720
iPhone 15 Pro Max$380–$520$460–$600
iPhone 14 Pro Max$280–$400$340–$480
iPhone 13 Pro$180–$280$240–$340
iPhone 12$90–$160$120–$195
iPhone 11$60–$120$80–$145
MacBook Air M2$560–$780$680–$900
MacBook Air M1$380–$560$460–$640
iPad Pro (2022)$280–$480$360–$560

Prices vary by storage size and carrier lock status. Get your exact quote at Gizmogo — the tool takes 60 seconds and doesn’t require an account to check.

Cracked screens reduce value by 30–50%. A phone that won’t power on drops to a parts-only price ($20–$60 depending on model). Gizmogo accepts both.


The iPhone in Your Drawer Has Already Lost 60% of Its Value. The Rest Is Leaving Too.

iPhones lose roughly 15–25% of their resale value every six months after a new model releases. An iPhone 13 Pro that was worth $450 eighteen months ago is worth around $180–$220 today. Waiting another six months cuts that to $130–$170.

Every month you hold an unused device, it loses another $10–$30 in resale value. If the phone is sitting idle, selling now rather than next year is worth $100–$200 for most people.

The biggest barrier to selling is usually uncertainty. How do you get a fair price without researching 5 platforms? How do you know the site is legitimate? And how do you erase everything safely before shipping?


Why Gizmogo Instead of a Carrier Trade-In or Facebook Marketplace

Carrier trade-ins (Apple, AT&T, Verizon): These programs require you to apply the credit toward a new device purchase. You can’t take the cash. If you’re not buying something new, the credit is useless. Trade-in values are also typically 20–35% below what Gizmogo pays, because carriers factor in the cost of reselling to their own refurbished supply chain.

Facebook Marketplace / Craigslist: Highest potential price, but you absorb all risk — no-shows, price negotiations, cash handling, and the logistics of meeting strangers. The time investment alone often erases the price advantage.

Gizmogo: Quote is binding for 30 days, meaning if the price drops before they receive your phone, you still get the quoted amount. Free shipping label is emailed within minutes of accepting the quote. No account required to get a quote — you only need to create one when you’re ready to ship. First-time accounts receive a $5 bonus on the first completed transaction.


The 10-Minute Selling Process

Getting your phone ready to ship is the only step that requires any real time. Follow these steps in order — skipping the iCloud sign-out is the most common mistake and can brick the device for the buyer (which voids your payment).

Step 1 — Get your quote (2 minutes) Go to Gizmogo, select your device, model, storage, and condition. The quote is instant. You have 30 days to accept it — no pressure.

Step 2 — Back up anything you need (variable) iCloud Backup: Settings → [your name] → iCloud → iCloud Backup → Back Up Now. If you’re switching to a new iPhone, use Quick Start instead — it transfers everything directly.

Step 3 — Sign out of iCloud (1 minute) Settings → [your name] → Sign Out. Enter your Apple ID password when prompted. This removes the Activation Lock. A phone with Activation Lock on is essentially unsellable and will be returned to you.

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Step 4 — Factory reset (2 minutes) Settings → General → Transfer or Reset iPhone → Erase All Content and Settings. The phone will restart as if new. This takes 3–5 minutes to complete.

Step 5 — Remove your SIM card Use the SIM ejector tool (or a straightened paperclip) to remove your SIM tray. Keep the SIM — it’s tied to your account, not the phone.

Step 6 — Accept the quote and print your shipping label Accept your Gizmogo quote, create your free account, and a prepaid FedEx or UPS label arrives by email within minutes. Box the phone with any original accessories you have (they add value). Ship within the 30-day window.

Step 7 — Receive payment Gizmogo inspects the device within 1–2 business days of receipt. If the condition matches what you described, payment releases the same day. If there’s a discrepancy, they contact you before adjusting.


What About Tablets, Laptops, and Other Electronics?

Gizmogo accepts more than phones. The highest-value non-phone categories currently include:

  • MacBooks: M-series chips hold value better than Intel-era MacBooks. An M1 MacBook Air in good condition is worth $380–$560.
  • iPads: iPad Pro models bring $280–$480 depending on year and storage.
  • Apple Watches: Series 8 and Ultra hold $100–$280. Older series (4 and below) are worth $30–$80.
  • Samsung Galaxy flagships: Galaxy S24 Ultra is currently $280–$480. Galaxy S21 runs $80–$140.
  • Gaming consoles: PS5 disc edition is currently worth $180–$260. Xbox Series X is $150–$240.

The quote tool works the same way for all categories — 60 seconds to a binding offer.


The Drawer Tax Is Real

Consumer electronics researchers estimate the average US household has 2.4 unused devices. At current Gizmogo prices, that’s roughly $200–$800 sitting idle. Every six months, that number drops by 15–25%.

Checking the value costs nothing. The quote takes 60 seconds, there’s no obligation to accept, and you don’t need an account to see your number.

Get your free quote at Gizmogo →

$5 bonus added automatically to your first transaction. Free prepaid shipping label. Payment within 24 hours of device receipt.


Related reading:


This article contains affiliate links. If you complete a transaction through our links, Verto earns a commission at no additional cost to you. All prices listed are approximate and subject to change — check Gizmogo directly for your current quote. Individual payouts vary by device condition and current market prices.

What Readers Are Saying

3 comments
DH
Denise H. Phoenix, AZ · 2 days ago

Bark sent me an alert on day 11. My daughter had been talking to someone she didn't know on Discord. I would never have found out on my own. Worth every penny of the $14.

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Jason T. Austin, TX · 6 days ago

We're in a rural area and Home Fi is the only thing that's actually worked. Starlink had an 8-month waitlist. This was plug-and-play in under 10 minutes.

241 people found this helpful

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Rebecca C. Portland, OR · 2 weeks ago

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Frequently Asked Questions

How much is an old iPhone worth when you sell it?

Value depends on model and condition. An iPhone 14 Pro Max in good condition brings $280–$580. An iPhone 12 runs $90–$180. An iPhone 11 runs $60–$130. Cracked screens reduce value by 30–50%. Gizmogo's quote tool shows the current price before you commit — no obligation to accept.

How fast does Gizmogo pay after you ship your phone?

Gizmogo processes devices within 1–2 business days of receipt and releases payment the same day. PayPal transfers arrive within hours. Check mailing takes 3–5 business days. First-time users receive a $5 bonus added to their payment automatically.

Is it safe to sell your iPhone online?

The risk is in preparation, not the platform. Before shipping: sign out of iCloud (Settings → [your name] → Sign Out), perform a factory reset (Settings → General → Transfer or Reset iPhone → Erase All Content), and remove your SIM. Gizmogo's free shipping label includes insurance coverage during transit.

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