NextWorth, one of the growing number of businesses based around paying users for trading in their used gadgets, has announced a remarkable iPhone trade-in program. Basically, you send in your iPhone 3G and get enough to cover the purchase of a new iPhone 3G S. Sound too good to be true? Let’s take a look!
Here is their press release:
NextWorth is announcing today its new trade-in service for third generation iPhones, providing enough trade-in cash to cover an upgrade to the new 3G S iPhone. Customers will not only receive enough trade-in cash to purchase a phone two times faster and more responsive, the 3G S, but may also have money left over after the purchase.
With market demand continuing to remain strong for existing devices and the AT&T subsidies associated with purchasing a new iPhone 3G S, users can save more money than ever and stay updated with the latest and greatest gear. Users have already started trading-in, trading-out, and trading-up at NextWorth.com receiving as much as $255 for their used third generation iPhones.*
Here are some thoughts from GearDiary Contributors:
Wayne: “Assuming the site is on the up and up then i think it’s worth a mention. They offer $250 for a “like new” 3G 16 GB iPhone — which is I think is $49 more than what Apple sold it to me new ”
Dan: “I checked it the other day and the prices seem decent and i have not heard anything bad about them ”
The way this works is that you enter information at their web site, and get a free shipping label to return their device. When NextWorth receives it, they assess the condition and then issue a payment. Unlike some other sites using a similar business model, NextWorth has partnered with some retailers to provide instant trade-ins at stores such J&R Electronics in New York City.
None of our contributors have used this service yet, but I have used a similar service with resounding success – they really do offer a solid return value on your electronic purchases. As always, check ot the site – and the fine print – yourself before sending away your precious iPhone!