How Much is an iPhone 7 Plus Still Worth Today?
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Gone are the times when the Apple iPhone 7 Plus was the best smartphone on the market. In fact, the model was released back in September of 2016, and by today’s standards, it is pretty old. But does that mean that the iPhone 7 Plus has no value? Well, not necessarily. If the phone is still fully functional and has no damage, you might still be able to resell it in 2021. Besides, plenty of buyback sites, us included, still accept iPhone 7 models.
So, how much is your Apple iPhone 7 Plus worth today? Let’s find out.
What Factors Determine Resale Value of an Older iPhone?
We have already established that the Apple iPhone 7 Plus is a pretty old smartphone. But because it is an Apple, there is some demand for the model still, even today. For comparison, Samsung Galaxy S7 and S7 Edge models released the same year can no longer be resold online and should be recycled instead. Of course, you could probably still sell it for a few bucks on eBay, but considering shipping costs and selling fees, it mostly sounds like a waste of time.
So, as you can see, brand plays an essential role in determining the value of a used phone. And, of course, the model is just as important. So, naturally, the newer your iPhone model, the higher its value on the resale market.
Specific iPhone 7 Plus Configuration
Specifications of your used iPhone 7 Plus also play one of the key roles in calculating how much it is worth. So, models with more storage can be sold for more money. And we remember that the iPhone 7 Plus has 32GB, 128GB, and 256GB storage options.
Network provider also impacts its resale value. For example, Sprint and T-Mobile models usually are much cheaper than factory unlocked counterparts. On the other hand, the unlocked iPhone 7 Plus will always have a higher demand because you can swap out SIM cards and switch carriers with no strings attached. And Verizon models are almost as expensive as unlocked ones because the carrier unlocks them once paid off in full. AT&T falls somewhere in the middle in terms of the demand to resale value ratio.
Functional and Cosmetic Condition
If you want to know how much an iPhone 7 Plus is worth today, along with the specs, you will be asked to provide information about its functionality and overall cosmetic shape. Sure, if your gadget model is too old, it has no cash value, even if fully functional and in mint condition. But once you have established that your smartphone still can be resold, its working state determines everything.
Most online buyback platforms have automated questionnaires built-in to help users estimate the resale price based on the condition of their iPhones. So, when selling your used iPhone 7 Plus, check it for signs of use like scratches, scuffs, discoloration, minor fractures, etc. Then, assess its working condition objectively. Pay attention to battery life, inspect every corner of your touchscreen digitizer, test all the buttons and switches, make notes of the sound quality.
Those, who always keep their iPhone in a case with a screen protector, should expect the highest possible offer.
How Much is My Used iPhone 7 Plus Model Worth Online?
Yes, you can still sell your preowned Apple iPhone 7 Plus online. But because the model is five years old, don’t expect a particularly high payout.
Dollar estimate, of course, is very individual, as it depends on the configuration, cosmetic and working condition of your iPhone 7 Plus. But we can give you a few price pointers anyways:
- For example, you can still recover up to $29 out of your factory unlocked Apple iPhone 7 Plus 128GB.*
- Used Apple iPhone 7 Plus 32GB AT&T, fully working and in mint condition, valued at $17 as of today.*
- Apple iPhone 7 Plus 256GB Verizon can be sold for up to $36.*
Where to Sell Your Used iPhone 7 Plus?
You have a lot of possibilities when it comes to reselling a used iPhone, so it basically comes down to how fast you want to get paid.
For those busy bees who look for a quick turnaround, we suggest picking a reliable buyback site. Because it takes charge of valuation, inspection and covers postage costs, you can pretty much relax, kick back and wait for that payment to clear. However, you can go another route and list your iPhone 7 Plus for sale on eBay or Craiglist. The selling process is a bit more tedious and not always safe, but you can sell your phone for more money if all goes well.
Finally, those who want to upgrade to the latest iPhone model can directly trade in their older ones through the Apple Trade-In program.
When it’s time to upgrade, don’t just toss your older cell into a trash bin. Instead, see if you can still sell your used iPhone, trade it in, or maybe even donate. Granted, a used Apple iPhone 7 Plus is not worth much these days, but hey, every dollar counts! Even if it is too old or too damaged to be resold, please recycle it responsibly or send it in, and we will do it for you!
*Priced on 10/05/2021. Subject to change.