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Reselling a smartphone can be a lucrative endeavor, especially when dealing with popular models like the iPhone 7 Plus. Among the various storage options available, the 128GB version has garnered significant attention due to its balance of storage capacity and price. Understanding the current market value for this specific model can help sellers maximize their profits and buyers find the best deals.
Overview of the iPhone 7 Plus 128GB
The iPhone 7 Plus, released by Apple in September 2016, remains a sought-after device despite newer models entering the market. The 128GB storage variant offers ample space for apps, photos, videos, and other data, making it an attractive option for many users. Its features include a dual-camera system, water resistance, and a sleek design, all of which contribute to its resale value.
Factors Influencing Resale Price
- Condition of the device: New, refurbished, or used.
- Market demand: Popularity among buyers.
- Original accessories: Presence of charger, earphones, and box.
- Carrier lock status: Unlocked devices fetch higher prices.
- Color and cosmetic appearance: Less scratches and dents increase value.
Current Market Price Insights
As of 2024, the resale value of a 128GB iPhone 7 Plus varies depending on condition and seller platform. Typically, prices range from $100 to $200 USD for used devices in good condition. Refurbished units may command slightly higher prices, especially if they include original accessories and are unlocked.
Price Range Breakdown
- Excellent condition, unlocked: $180 – $200
- Good condition, carrier-locked: $130 – $160
- Fair condition, minor damages: $100 – $130
Tips for Reselling Your iPhone 7 Plus 128GB
Maximize your resale value by following these tips:
- Clean the device thoroughly and restore it to factory settings.
- Take clear, high-quality photos from multiple angles.
- Highlight any accessories included in the sale.
- Accurately describe the condition and any repairs or damages.
- Research current market prices on various platforms like eBay, Swappa, or local marketplaces.
Conclusion
The 128GB iPhone 7 Plus remains a valuable device in the resale market. By understanding the factors that influence its price and following best practices for selling, you can ensure a successful transaction. Whether upgrading to a newer model or simply cashing out, knowing the current market insights helps you make informed decisions.