Apple’s hotly anticipated smartphone is coming in November and selling your existing iPhone is one way of paying for it. But timing is everything

The iPhone X is coming soon, and if you want to be able to afford it, you have three options: travel back in time and buy a shedload of bitcoin; sell a kidney; or sell your existing phone and hope you get a good price.

That third option is probably the best. But if you haven’t sold a phone, it can be daunting: may people like to hang on to their old model, “just in case”, and even if it just sits gathering dust in a drawer somewhere, that’s less stressful than having to deal with exchanging cash on the internet.

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