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In the rapidly evolving world of smartphones, the resale market provides valuable insights into the demand and value retention of popular devices. The iPhone 7 Plus, launched in 2016, remains a sought-after model for many users and collectors. This article compares the resale prices of the iPhone 7 Plus across leading online marketplaces to help buyers and sellers make informed decisions.
Overview of the iPhone 7 Plus
The iPhone 7 Plus features a 5.5-inch display, dual-camera system, and is powered by the A10 Fusion chip. Despite being several years old, its popularity persists due to its performance and build quality. Resale prices vary based on condition, storage capacity, and market demand.
Leading Marketplaces for Resale
- eBay
- Swappa
- Amazon Renewed
- Craigslist
- Facebook Marketplace
Resale Price Comparison
Resale prices for the iPhone 7 Plus vary significantly across platforms. Below is a summary of typical price ranges based on recent listings and sales.
eBay
On eBay, the average resale price for a used iPhone 7 Plus in good condition ranges from $100 to $180. Listings with original accessories and minimal wear tend to fetch higher prices.
Swappa
Swappa generally offers slightly higher prices, with used models selling between $150 and $200. Buyers appreciate the platform’s focus on verified devices and condition.
Amazon Renewed
Amazon Renewed lists refurbished and certified devices, with prices typically around $180 to $220. The certification process assures buyers of device quality.
Craigslist
On Craigslist, prices are more variable due to local market differences, ranging from $100 to $250. Negotiation is common, and buyers should verify device condition carefully.
Facebook Marketplace
Facebook Marketplace offers prices similar to Craigslist, with used iPhone 7 Plus models generally selling for $120 to $200. The platform’s local focus facilitates quick transactions.
Factors Affecting Resale Prices
- Device Condition: Pristine devices fetch higher prices.
- Storage Capacity: 128GB models tend to command more than 32GB variants.
- Market Demand: Resale values fluctuate with market interest.
- Accessories and Original Packaging: Including original accessories increases value.
- Regional Variations: Prices differ across geographic locations.
Conclusion
The resale value of the iPhone 7 Plus varies across marketplaces, influenced by condition, storage, and platform-specific factors. Buyers should compare prices across platforms and consider device condition carefully. Sellers can maximize value by highlighting device features and including original accessories.