You’ve been comparing your used phone options, and you’re pretty sure that the iPhone 8 or 8 Plus is the one you are going to settle on.
But, you want to make sure that you get the best deal on it, without compromising quality or security.
So, the big question you’re left with is, “when will the iPhone 8 price drop?”
At Glyde, we offer some of the best discount prices on premium used iPhones. We base our prices on a myriad of different factors to ensure you get the best value for your purchase.
In this guide, we will explain when you can expect the next drop in iPhone prices, as well as some of the best deals on the iPhone 8 you can find now. You will also learn more about what determines the prices of Apple phones.
How Much Does the iPhone 8 Cost?
Let’s look at how much the iPhone 8 costs from online. Then we’ll talk a bit more about why price matters and what features you should look for when comparing prices.
iPhone 8 (64GB)
iPhone 8 Plus (64GB)
What Affects iPhone 8 Prices?
So what influences the value of the iPhone 8, and when can you expect a price drop because of this?
1. Condition: How Nice is the Phone You Are Browsing?
The condition of the phone affects the price first and foremost. If you’re looking at a phone that is good quality and well taken care of, it’s going to cost more than it used phone that was regularly dropped, cracked, and chipped.
At Glyde, only 1 out of 10 used phones are certified Premium Pre-Owned. Each one passes 30+ functional tests and gets a comprehensive cosmetic inspection. Even then, our used phones are backed by a 14-day money-back guarantee and a 2 month warranty.
2. New iPhone Drops: Always Cause Used iPhone Prices to Drop
When new iPhones are released in the Autumn, prices for used iPhones begin to drop as consumers begin trading in their phones for new models. Usually, this causes prices to drop for older iPhone models about 10-20% initially, and depending on supply and demand, they continue to fall into the new year, stabilizing by early Spring until the next iPhone launch when the cycle repeats.
3. Guaranteed Quality: Can You Trust Your Used Phone
Price is influenced by the quality of the reseller you choose. When you get a used phone that you can trust, one that comes with guaranteed quality, it might have a slightly higher price tag than one from a shady reseller, but it’s well worth the quality that you get.
Sure, you are looking for discounts, but you also want to be sensible when it comes to purchasing a used iPhone, and look for resellers who are reputable and trustworthy. A $50 iPhone X might be a bit too good to be true, and chances are if you are looking for discounts that are too steep, you will run into untrustworthy resellers who waste your time and money.
Disclaimer: There is Such a Thing as Too Good to Be True
When it comes to buying used iPhones, be careful when trying to save too much money. Some things can go wrong when the prices are too cheap. Cheap prices really bring home the old adage that you get what you pay for. If something seems too good to be true, it probably is, and there might be internal damage or external damage to the phone.
Over the years, we have heard horror stories of people trading in their old iPhone to upgrade to a used one, but ended up with:
- Broken phones
- No connection
- Locked phones
- Wrong product
- No customer support
- The list goes on…
A lot of shady resellers purchase up old phones that are still under contract or that are considered “locked”, meaning they won’t work on any network until the contract is bought out. This makes them virtually useless to you, and good luck getting your money back from a company like that.
The only way to be safe when buying used iPhones is to buy premium used. Premium used phones won’t have these issues, you can find them unlocked so that you can use them with your preferred carrier, and realistically you still save money on the price compared to buying a new phone from Apple directly.
When Will the iPhone 8 Price Drop?: Our iPhone 8 Price Drop Prediction
Now is one of the best times to get a cheap iPhone 8 or iPhone 8 Plus model because of the time of year. The price of the iPhone 8 has recently dropped from $459.99 before the iPhone 11 launch to $269.99. You shouldn’t expect another significant price drop until the Fall, so now is the time to take action.
When Will the iPhone 8 Plus Price Drop?: Our iPhone 8 Plus Price Drop Prediction
Prices for the iPhone 8 Plus have already dropped from $549.99 to $339.99 and will likely be stable over the next 6 months.
Where Can I Get the Best Deal on the iPhone 8?
At Glyde, we offer some of the best deals on iPhones year round. With our safe trade-in program, you can get paid for your old phone, and use this credit towards a premium used phone, saving you even more money.