6 week-old Apple iPhone 8 and iPhone 8 Plus are getting traded-in by iPhone X buyers

Apple iPhone 8 and 8 Plus owners are already selling after just 6 weeks in order to raise funds for the Apple iPhone X

Apple iPhone 8 and 8 Plus owners are already selling after just 6 weeks in order to raise funds for the Apple iPhone X

If you don't mind buying a previously used phone, it is definitely a buyers' market as far as the Apple iPhone 8 and Apple iPhone 8 Plus are concerned. Just a little over 6 weeks since they were launched, sellers have been dumping the phones on sites like Decluttr.com, trying to raise funds for the purchase of the more expensive Apple iPhone X. This has turned out to be a reaction that even the web site didn't expect. Decluttr.com's digital marketing manager James Bell, figured that it would be the 2016 Apple iPhone 7 and Apple iPhone 7 Plus getting traded in by iPhone X buyers needing some scratch. "We thought it would be just iPhone 7 [for trade-in], but it seems people aren’t necessarily satisfied with the iPhone 8," he said. "This just doesn’t happen. We never have that many iPhones within the month of the release."

The site purchased thousands of iPhone models in the last month, and 7% of them were the iPhone 8 and iPhone 8 Plus. That compares to the 1% of just released iPhone 7 and iPhone 7 Plus units it bought during the same time last year. The difference this year is that the Apple iPhone X, with its 5.8-inch OLED edge-to-edge display, is on the way. But more important than that is the Face ID facial recognition system that replaces Touch ID on the premium model. Decluttr.com's Bell said, "Our customers found the iPhone 8 was very similar to 7, and they’re excited about the face recognition technology, especially when the iPhone X is almost envisioned as a limited edition product."

According to Decluttr.com's website, a 64GB Apple iPhone 8 will bring as much as $430, and a 256GB model will get you up to $450. For the 64GB Apple iPhone 8 Plus, you can score as much as $525, while the 256GB model will fetch you as much as $600. That is assuming that the phones being traded in are in good condition.

source: Decluttr.com via YahooFinance

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38 Comments

1. Klinton

Posts: 1408; Member since: Oct 24, 2016

Can't wait to see , if this massive iPhone X propaganda works for the sale... Or will have opposite effect.

38. seret6

Posts: 279; Member since: Aug 14, 2013

Of course it has failed. Why else would apple update delivary time to 3rd November after issuing later dates?

3. darkkjedii

Posts: 30778; Member since: Feb 05, 2011

Now that is funny. Why the hell did they buy them in the first place? They could've, and should've just waited. The X is by far the better option. Even with no TouchID, the ugly notch, and the ugly vertical camera, I'd still choose it over the 7S.

5. toosmoove

Posts: 914; Member since: Sep 28, 2017

Exactly. Other than the case of my co-worker where her 7S died on her I don't know why anyone would get the 8/Plus just to turn around & get the X, ex, eks, ecks aka 10.

39. seret6

Posts: 279; Member since: Aug 14, 2013

Hey sorry that iphone x flopped I see apple updating mid November dates to 3rd nov since not many people ordered it

6. Klinton

Posts: 1408; Member since: Oct 24, 2016

Agree. But still only on paper ...waiting for hands-on for final opinion. BTW the display of iPhoneX is NOT 5:8'' usable !!!!

16. uncle_gadget

Posts: 1050; Member since: Sep 20, 2017

Well they aremt a smart bunch of people.

32. Jimrod

Posts: 1605; Member since: Sep 22, 2014

Yeah, they "aremt" smart. See dictionary: Irony.

34. trojan_horse

Posts: 5868; Member since: May 06, 2016

Hey, Jimrod. You getting the iPhone X?

35. Jimrod

Posts: 1605; Member since: Sep 22, 2014

Nah, for my preferences it's too big and I'm not sold on the new functionality/FaceID/notch... I'll stick to my SE for now, a phone nearer that size would have made far more sense with the larger screen-to-body ratio in my opinion.

36. trojan_horse

Posts: 5868; Member since: May 06, 2016

Well, you'll have quite a hard time finding a flagship as compact as the iPhone SE... Is 5 inches too big for you? Come on, man.

42. Jimrod

Posts: 1605; Member since: Sep 22, 2014

I only really use the phone one handed and the X has new swipe down menus, I found the 6 a little unwieldy already, needing the odd shuffle which makes it more likely to be dropped. But if you're making more screen area it makes sense to double the benefit by making the phone smaller too - there's a complete lack of flagship smaller phones and many I know want them so I don't think it's lack of demand, just lack of product. I don't want it as small as the SE but it could have been smaller than the 6/7/8 with a bigger screen, a far cooler product for those who don't want a phablet.

40. seret6

Posts: 279; Member since: Aug 14, 2013

Hey sorry that iphone x flopped I see apple updating mid November dates to 3rd nov since not many people ordered it No one cares abt iphone x Get a life

7. Arashmahmoodi25

Posts: 128; Member since: Apr 07, 2017

It is really sad that they removed the headphone jack

8. Klinton

Posts: 1408; Member since: Oct 24, 2016

Yup! Especially, as the iPhone users are the most annoying ppl at every party - asking for jack cable to connect to PA, their precious iPhones, so everybody to listen their precious annoying iTune tracks.

10. fyah_king unregistered

And I can't stand iTunes. How can people be content with just iTunes?lol

44. thedizzle

Posts: 190; Member since: Oct 05, 2017

Lol right?

41. seret6

Posts: 279; Member since: Aug 14, 2013

Bhai aap kaun se mulk se hain?

9. Derass

Posts: 149; Member since: Aug 06, 2015

people love throwing their money away

18. uncle_gadget

Posts: 1050; Member since: Sep 20, 2017

We all throw aqays money on thinhs that arent what they cost Im on VZW, iPhone lease, so i can up every year. Even with discounts, its just not worth it. Anyine with a 6S or older, it would be a smart buy. Even if you have a 7 the 10 is a betyer oltion vd the 8. But at $1000, its not worth the cost wirhout a discounr. 48.00 per month plus line costs and data if you dont have unlimited and taxes, makws foe a faorly big bill, even for a single line on TMO, at $70. If it wasnt doe the nktxh, it would look ok from th3 front. Ditching rhe FPS for an untested ymtechnology is a bad move. $1000 to be a guinea pig id a steep amount to swallow.

26. domfonusr

Posts: 1053; Member since: Jan 17, 2014

Do these people realize that they are buying an iPhone 8 64GB for $699, and then turning around after six weeks and trading it in for $430 - a cost of $270 in six weeks is $45/week! The iPhone 8+ 256GB is even worse... $949 purchase price, turned around six weeks later for $600, comes to a cost of $350, or a weekly cost of about $58.33/week! Now, if they had simply bought the iPhone 8+ 256GB model and held onto it for about a year, they would have been able to amortize the cost over about 50 weeks, making it roughly cost $19/week. But noooooo... they want to trade in their near-mint iPhone 8/8+ so that they can buy an iPhone X in the most expensive and wasteful manner imaginable... wow! All so that they could experience a new iPhone for six weeks before they get a newer iPhone...

11. jeroome86

Posts: 2314; Member since: Apr 12, 2012

Patience is a virtue. These people seem to be lacking.

27. domfonusr

Posts: 1053; Member since: Jan 17, 2014

Apple consumers' lacking is Apple's gain. No patience means Apple's numbers will be ridiculous. Excessively loyal customers will be double-counted, because they will have bought an iPhone 8 and an iPhone X in almost the same quarter, and all of the used iPhone 8's will undoubtedly be sold (refurbished) for another profit-cycle to yet another customer, so user share will also go up.

14. MrNobody123

Posts: 16; Member since: Oct 25, 2017

No contentment. Always chasing for the latest.

20. uncle_gadget

Posts: 1050; Member since: Sep 20, 2017

I like having thr latest if it shows some value. The X has so ma y no-no's. The notch, not including fast charger, nkt including lremium headohones even with owning Beats, no headphone jack, low IP certification, llwer reaoultuion, canera bump when smaller sensors are available, no FPS and the iOS 11 slop thst i see many sites talkimg about. The aironman and Batman Editions of the Galaxy S are a better buy.

25. L0n3n1nja

Posts: 1511; Member since: Jul 12, 2016

Article title seems misleading considering it talks about a website buying iPhone 8 units, not trading them for an X. How do we know everyone dumping their 8 is going with the X?

30. sissy246

Posts: 6950; Member since: Mar 04, 2015

Exactly They may be dumping them before they start coming apart because the battery swells up. Or maybe they are not happy withh it and want a better phone then what the 8s/plus offers. No one know why they are doing it for sure and neither does the site or iPA.

28. JohnR

Posts: 136; Member since: Sep 08, 2017

I can’t wait for the buyer’s remorse to set in with the X, when people realize they spent $1400.00 on A pretty new package running the same buggy new OS

33. TerryD

Posts: 540; Member since: May 09, 2017

It was like Christmas came twice this year. Apple fans can queue up all night for their new phone twice!

37. tedkord

Posts: 17076; Member since: Jun 17, 2009

The first early review is out (by the first man to review the original iPhone). FaceID apparently doesn't always work, is kind of finicky (of course, anyone who watched the reveal knew that). Overall, he liked it. https://www.wired.com/story/iphone-x-first-impression/amp

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