iPhone trade-in programs: Where to sell your old smart phone

Which iPhone trade-in program is best? We’ve broken down the big players in the game to find out how to get the most buck for your phone.

Craigslist

Jeff Chiu/AP/File
Craigslist.org CEO Jim Buckmaster (left) and founder Craig Newmark are photographed outside of their office in San Francisco in this 2005 file photo. The site is one of 15 websites that can save consumers a lot of money.

Craigslist is the one place on the Internet you can find a missed connection, free couch, and a new iPhone. We can’t speak for your luck with the first two, but many people turn to Craigslist to buy and sell electronics as a quick way to meet up and make quick cash. That being said, it can be risky. Buyers can be flaky and the open nature of the site also makes it a target for scams and thefts. The key is to be extra careful with the location and people you meet. Otherwise, this is usually a quick option with a good payoff.

Level of ease: Medium to hard. You have to be on alert for the best time to sell based on demand, e-mails from potential buyers, and possible scams.

Estimated trade-in value: Varies depending on demand. Current selling prices for a contracted 16GB iPhone 5 in Boston, Mass. ranged from $400 to $550.

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