Well you must be wondering who is Nextworth. It is a company that purchases old iPhones and other Apple products based on their current market value. It means if you want to sell your iPhone, you have contact them then they will tell you a price based on the current market value of your iPhone. Unfortunately, with the release date of next generation of iPhone coming near, the prices of old models are dropping very fast. More they go further their launch date, prices gradually decreases.
Next iPhone, probably two iPhones (iPhone 5 and low budget iPhone 5S) release date is few days ahead and you must be planning to buy one of them. Nextworth can take back your old iPhone and in return pay back its worth resale price, which other smartphones wouldn't be able to retain for longer time. For example Nextworth can provide you iPhone 4S resale value between $170 to $210 (depending upon the iPhone condition and the carrier you bought it from).
According to Nextworth survey, iPhone prices have steeply fallen down due to the upcoming event of the next generation iPhones. In the last six weeks, their (old iPhones) prices have fallen a lot and unfortunately everybody is late from making better resale values of their old iPhones.
From the above chart, it is very clear that prices drop to a minimum value before the launch of the next generation of iPhone. See in the chart that prices of all the 3 models - iPhone 3GS, iPhone 4 and iPhone 4S steeped to a lower value before the launch event of the iPhone 5 last year. But also note that once it is declared, the prices again rise and maintain a constant value until the next big thing happens.
iPhone 3GS gone to the most lower value as compared to iPhone 4 and iPhone 4S. Older the version, more it lose it resale value.
Here are the resale values offered by Nextworth for the latest iPhone 5 depending upon the memory capacity and carrier. Prices shown high to low.
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