How Much is an iPhone 15 Worth? (Resale & Trade-in Value)
Today's Data Driven iPhone 15 Resale Values
Learn about our editorial process
Learn about our editorial process
Learn about our editorial process
- Find out the trade-in value of your iPhone 15 today.
- Discover the stores where you can sell your iPhone 15 and the prices they offer for your device.
- Learn the factors affecting the value of your iPhone 15.
- Compare each store’s quotes with our comparison table to not lose $222.00
Compare 20+ Stores Quotes Here
BankMyCell compares over 100,000+ quotes and customer reviews from 20+ trusted buyback stores every 15 minutes via our data feeds, making us America’s #1 time-saving trade-in supermarket.
You can sell your used iPhone 15 in online buyback stores, Apple trade-in programs, carriers, retail stores, and marketplaces. These offer different trade-in values, so knowing what iPhone is worth now can help you choose where to get the most money to upgrade to the latest iPhone model or buy anything you want.
We gathered and compared the iPhone resale prices in all the stores, saving you time to search the internet and double-check if they are legit or not. We also provide the factors that affect iPhone pricing to set your expectations. Are you ready to know what the iPhone is worth now? Let’s find out!
How Much Is an iPhone 15 Worth?
Today’s Used iPhone 15 Market Value Breakdown:
Today, the highest iPhone 15 resale price is $632.00 when comparing the trade-in market on BankmyCell. The average resale price is $420.00, and it gets as low as $350.00 when you don’t shop around or use our buyback store comparison tool.
| iPhone 15 Resale Market Prices | |||||
|---|---|---|---|---|---|
| Merchant | 128GB | 256GB | 512GB | ||
| BuyBack Boss | $485.00 | $540.00 | $632.00 | Compare | |
| GadgetGone | $485.00 | $540.00 | $632.00 | Compare | |
| Buyback Surgeon | $475.00 | $530.00 | $601.00 | Compare | |
| Save Gadget | $451.00 | $506.00 | $591.00 | Compare | |
| Sell My Cell Phone | $449.00 | $503.00 | $588.00 | Compare | |
| GadgetPickup | $447.00 | $501.00 | $586.00 | Compare | |
| The Whiz Cells | $435.00 | $490.00 | $575.00 | Compare | |
| Cell Tech | $451.00 | $495.00 | $550.00 | Compare | |
| Sell Locked | $415.00 | $495.00 | $535.00 | Compare | |
| BuyBackWorld | $430.00 | $475.00 | $520.00 | Compare | |
| Tronics Pay | $350.00 | $400.00 | $500.00 | Compare | |
| SmartphonesPLUS | $393.00 | $423.00 | $458.00 | Compare | |
| Gadget Trader | $30.00 | $30.00 | $30.00 | Compare | |
| * Best market prices updated November 20th 2024 | |||||
Today's Used iPhone 15 Plus Market Value Breakdown:
The average resale price or trade-in value of the iPhone 15 is $547.50, with prices ranging from $415.00 to $692.00 from the top buyback stores.
| iPhone 15 Plus Resale Market Prices | |||||
|---|---|---|---|---|---|
| Merchant | 128GB | 256GB | 512GB | ||
| Buyback Surgeon | $583.00 | $643.00 | $692.00 | Compare | |
| BuyBack Boss | $548.00 | $603.00 | $682.00 | Compare | |
| GadgetGone | $548.00 | $603.00 | $682.00 | Compare | |
| Save Gadget | $509.00 | $559.00 | $635.00 | Compare | |
| GadgetPickup | $505.00 | $555.00 | $629.00 | Compare | |
| Sell My Cell Phone | $504.00 | $554.00 | $629.00 | Compare | |
| The Whiz Cells | $495.00 | $525.00 | $625.00 | Compare | |
| Cell Tech | $430.00 | $550.00 | $600.00 | Compare | |
| Sell Locked | $485.00 | $545.00 | $570.00 | Compare | |
| BuyBackWorld | $430.00 | $440.00 | $510.00 | Compare | |
| SmartphonesPLUS | $415.00 | $452.00 | $484.00 | Compare | |
| Gadget Trader | $40.00 | $40.00 | $40.00 | Compare | |
| * Best market prices updated November 20th 2024 | |||||
Today's Used iPhone 15 Pro Market Value Breakdown:
The average resale price or trade-in value of the iPhone 15 is $672.60, with prices ranging from $438.00 to $830.00 from the top buyback stores.
| iPhone 15 Pro Resale Market Prices | ||||||
|---|---|---|---|---|---|---|
| Merchant | 128GB | 256GB | 512GB | 1TB | ||
| Sell Locked | $600.00 | $700.00 | $760.00 | $830.00 | Compare | |
| Buyback Surgeon | $619.00 | $685.00 | $728.00 | $772.00 | Compare | |
| BuyBack Boss | $638.00 | $681.00 | $725.00 | $768.00 | Compare | |
| GadgetGone | $638.00 | $681.00 | $725.00 | $768.00 | Compare | |
| Cell Tech | $530.00 | $650.00 | $675.00 | $725.00 | Compare | |
| Sell My Cell Phone | $588.00 | $628.00 | $668.00 | $708.00 | Compare | |
| GadgetPickup | $586.00 | $626.00 | $666.00 | $706.00 | Compare | |
| The Whiz Cells | $580.00 | $620.00 | $660.00 | $700.00 | Compare | |
| Save Gadget | $556.00 | $607.00 | $646.00 | $677.00 | Compare | |
| BuyBackWorld | $480.00 | $580.00 | $630.00 | $665.00 | Compare | |
| SmartphonesPLUS | $438.00 | $478.00 | $511.00 | $590.00 | Compare | |
| Gadget Trader | $60.00 | $60.00 | $60.00 | $60.00 | Compare | |
| * Best market prices updated November 20th 2024 | ||||||
Today's Used iPhone 15 Pro Max Market Value Breakdown:
The average resale price or trade-in value of the iPhone 15 is $751.60, with prices ranging from $579.00 to $940.00 from the top buyback stores.
| iPhone 15 Pro Max Resale Market Prices | |||||
|---|---|---|---|---|---|
| Merchant | 256GB | 512GB | 1TB | ||
| Sell Locked | $750.00 | $860.00 | $940.00 | Compare | |
| Buyback Surgeon | $769.00 | $847.00 | $903.00 | Compare | |
| Cell Tech | $726.00 | $775.00 | $850.00 | Compare | |
| BuyBack Boss | $735.00 | $777.00 | $830.00 | Compare | |
| GadgetGone | $735.00 | $777.00 | $830.00 | Compare | |
| Sell My Cell Phone | $705.00 | $749.00 | $786.00 | Compare | |
| GadgetPickup | $694.00 | $734.00 | $784.00 | Compare | |
| Save Gadget | $692.00 | $733.00 | $783.00 | Compare | |
| The Whiz Cells | $670.00 | $710.00 | $750.00 | Compare | |
| BuyBackWorld | $630.00 | $680.00 | $725.00 | Compare | |
| SmartphonesPLUS | $579.00 | $623.00 | $718.00 | Compare | |
| Gadget Trader | $80.00 | $80.00 | $80.00 | Compare | |
| * Best market prices updated November 20th 2024 | |||||
Apple announced the release of the iPhone 15 Series on September 12, 2023.
The iPhone pricing depreciates as time passes. It means the longer you hold it from selling, the less money you can get. But keep in mind that its device value remains high compared to Android phones.
Aside from this, your iPhone resale price will vary from the following specs and conditions:
- Condition: You can get a good deal if your iPhone is still new or barely used and in working condition. Don’t worry if it is cracked, damaged, or faulty, as most companies still offer a decent price for it.
- Storage Capacity: Larger storage capacity, higher trade-in value. Apple iPhone pricing depends on the storage available. You can get the lowest price on the 128GB model, and it gets expensive up to 1TB. The iPhone 15 and 15 Plus have 128GB, 256GB, and 512GB, while the iPhone 15 Pro has 128GB, 256GB, 512GB, and 1TB, and iPhone 15 Pro Max has 256GB, 512GB, and 1TB. You can determine your iPhone’s storage capacity in Settings, iTunes or Finder, carrier account, receipt, and the back of your box. Check out the easy step-by-step guide here.
- Carrier: You can get the best price if your iPhone is not locked into any carrier, such as Verizon, AT&T, T-Mobile, Sprint, or others. We recommend finishing your contract with your carrier before selling your iPhone to get a high trade-in value. But keep in mind that most online stores are buying carrier-locked iPhones.
- Locked Status: You can get the most value if your iPhone has no locks. It means it is free of monthly finance payments, and it is not iCloud Locked. You can still sell a device even if it is passcode or iCloud-locked, still has outstanding fees with the carrier, or is blacklisted. But only a few stores provide prices for locked devices, and usually for much lower offers.
- Payment: This factor varies based on the store you will choose. You can get cash via PayPal, check, direct deposit into your account, Cash App, Zelle, and many more at online buyback stores. But if you like in-store credit or gift cards, retail stores and carriers are the way to go. You might have to expect lower trade-in value offers from retail and carrier stores compared to online stores.
Condition Quotes: iPhone 15 Best Used Price
The condition and storage size of the used iPhone 15 significantly affects its trade-in value. The storage sizes of the iPhone 15 vary based on the model. iPhone 15 and 15 Plus have 128GB, 256GB, and 512GB, while the Pro series starts at 128GB to 1TB. Device model versions with the highest storage capacities get the most money.
As for the conditions, most companies divided it into four categories – mint, good, cracked, and faulty. But how would you classify your iPhone in these categories? Let’s read on to find out!
What do the conditions mean?
- Mint: These are usually new or barely used iPhones. You can get the best trade-in value if it has no scratches and software and hardware issues.
- Good: iPhones in working or good condition have minor cosmetic damage like light scratches, NO major damage and software issues, and are fully operational. You can get a decent trade-in value if your device is in this condition.
- Cracked Screen: Some stores categorize this as a damaged condition. iPhones with cracks, broken glass, or dents on the bezels but still working without software issues are classified in this category. It isn’t the best price as you get on mint and in good condition, but you can still earn money from it.
- Faulty: You can still get a decent price even if your iPhone does not power on, has hardware damage like broken glass, cracks, or dents, has software issues like freezing or crashing constantly, or has buttons, ports, or any parts that are not working anymore.
You may want to consider having your faulty or cracked Apple iPhone repaired before selling it to get a higher trade-in value. We recommend comparing the prices of defective or cracked from good condition and how much you will get or lose after considering the repair cost.
Also, keep in mind the time you will invest in finding a repair shop and waiting for it to be done.
Resale Market Comparison: Best iPhone 15 Trade-in Values
The figures above show the iPhone resale prices in the market today. You can see the lowest and highest trade-in value of your iPhone 15. The difference is the amount you will lose if you don’t find other options and compare the quotes.
Below are all the stores where you can sell your iPhone:
The new iPhone release includes rounded edges and a color-infused glass back for the iPhone 13 and 13 Mini and a titanium design for the 13 Pro and Pro Max with a textured matte glass back. They are also equipped with A16 Bionic (for the iPhone 15 and iPhone 15 Plus) and A17 Pro chipsets (for the iPhone 15 Pro and iPhone 15 Pro Max) and improved 48MP primary cameras. The new USB-C port is the highlight, keeping up with the latest technology.
Apple continuously upgrades its new iPhone models, making users love the ecosystem. So, the number of users continues to rise to over 1 billion. It is one of the factors that makes the iPhone resale prices higher despite the age. Still, you need to act fast before the next iPhone release drops if you want to upgrade so you can get the most money for it.
Carrier: How It Impacts Your iPhone 15 Resale Value
The carrier that your iPhone 15 is locked into affects the trade-in value. Unlocked Apple devices usually get the best prices. So we recommend paying off the remaining balance with your carrier if you have any, finishing contracts with them, or having it unlocked to get a higher trade-in value.
If you don’t have time and need the money urgently, you can still sell your carrier-locked iPhone. But expect lower prices. You can get more money with a Verizon network than other carriers.
How Quickly Your Used iPhone 15 Price Drops:
With Apple releasing a new iPhone every year, the resale market value of your device drops quickly. So sell it immediately if your goal is to upgrade on the next release date, as it will continue to drop daily.
BankMyCell offers a more extended lock-in feature, where you can have the value of your iPhone 15 valid for up to 30 days. It depends on your preference, though. Some stores only offer up to 14 and 28 days.
This feature means you can take your time to decide if it would be worth it to upgrade to a new model or weigh your options about selling without worrying about price drops. Don’t worry! You still have the choice not to continue with the trade-in process if you change your mind. Buyback stores won’t charge you for canceled transactions.
Even if your mind changes after you have shipped your iPhone, stores will send back your device no expense to you. Keep in mind that it will still depend on your chosen store. We recommend reading the terms and conditions before placing your order.
On average, Apple devices follow this 4-year resale value drop:
- Year 1 avg. resale value drop: 16.70%
- Year 2 avg. resale value drop: 35.47%
- Year 3 avg. resale value drop: 57.16%
- Year 4 avg. resale value drop: 66.43%
Sell a Financed, iCloud Locked, Blacklisted iPhone 15s
Can you sell an iPhone 15 if you still owe money?
YES! You can sell your iPhone 15 even if you have an outstanding balance with the carrier. Selling your device does not mean you will stop paying your monthly bills with the carrier. You still have to pay it off to prevent problems in the future.
You can get a fair price for your carrier-locked iPhone 15 when you sell it to online buyback stores. You can use the money to pay off the remaining balance with your carrier or buy a new Apple device.
Simply follow the steps below to sell your iPhone and see how much the trade-in value you will get:
- Go to BankMyCell and select the model you own.
- Choose your iPhone’s exact specifications and conditions. Choose Financed in the locked status section to see a list of stores that buy and its trade-in value.
- Select your preferred store and receive payment within 1 to 5 days.
Can you sell iCloud Locked iPhone 15 if you forgot the password?
YES, you can sell your iPhone 13 even if it is locked in iCloud. While Apple’s Activation Lock is an effective security feature, there is also the possibility of getting locked out of your own device or a secondhand iPhone you’ve purchased. Fortunately, your device does not become worthless simply because you are unable to log in. It still has a decent value.
Many buyback stores still want to purchase your device at a lower price. But you must prove that you are the legal owner.
If you would like to sell your device and see how much you can get, simply follow the steps below:
- Visit BankMyCell and click the model you have.
- Select the accurate specifications and conditions of your iPhone. In the locked status section, choose Activation Locked to see the list of stores that buy and its trade-in value.
- Choose your preferred store and get paid within 1 to 5 days.
Can you sell blacklisted iPhone 15 with bad ESN?
YES, you can sell your iPhone 15s even with a bad ESN in some stores, but at a lower price. It is also commonly known as blacklisted, which means insurance companies, carriers, or other entities have reported your device. It will have limited services, or worse, the local authorities may take it.
An example scenario is if you fail to pay your carrier. We understand that mistakes like that can happen. Another one is notifying your insurance company that you lost your phone. You may not know it was added to the blacklisted list after your call or email.
You may be able to remove your device from the blacklist by contacting your carrier and making all outstanding payments.
If your carrier does not provide this option, you can still sell your blacklisted iPhone 15 by following these steps:
- Go to BankMyCell and select your model.
- Select the exact specifications and conditions for your iPhone. In the locked status section, select Blacklisted to see a list of stores that buy and their trade-in value.
- Choose your ideal store and receive payment within 1 to 5 days.
Frequently Asked Questions
How much does the iPhone 15 cost?
The iPhone 15 starts at $799, offering various financing options such as $33.29/month, making it accessible for users seeking the latest Apple technology without an upfront payment.
How much can you sell an iPhone 15 for?
As of February 2024, you can expect to receive around $546 for the 128 GB model, $635 for the 256 GB variant, and up to $688 for the 512 GB version when selling on platforms like BankMyCell.
Will the iPhone 15 be worth it?
The iPhone 15 offers substantial enhancements for users from models older than the iPhone 12, providing advanced features and improved performance. However, if you already own an iPhone 13 or 14, it might be wise to wait for future models unless you’re considering switching from an Android device.
