Best iPhone 12 Used Price: How Much is it Worth Now? (Mar 2024)

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Compare Your iPhone 12 Resale Values

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By Ash Turner
As CEO of CompareMyMobile.com and BankMyCell.com since 2009, Ash has been a pivotal figure in the mobile tech industry. With a background in managing Brightstar’s PhoneRecycleBank, he boasts extensive experience with global carriers and MVNOs like T-Mobile and O2, and leading manufacturers such as Apple and Samsung.

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| Updated on March 13, 2024
Fact Checked By
Joey Bobiles
Joey is adept at creating comprehensive comparison guides and product reviews for devices from brands like Apple, Samsung, and Google. His expertise extends to thorough evaluations of smartphones, tablets, smartwatches, MVNOs, and phone plans, all while simplifying intricate technical information into easily understandable content.

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Edited By
Kim Juanillo
Kim, an editor with a rich background in digital content management and developmental psychology, brings a unique blend of analytical and creative skills to BankMyCell. With her background in Psychology, Kim is adept at understanding complex concepts and transforming them into engaging, accessible content.

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  • Sellers often lose out on money by not checking all their options. Our comprehensive market comparison ensures you secure the best deal, maximizing your phone’s resale value.
  • The overwhelming number of selling options can lead to uncertainty about your device’s worth. We simplify the process by guiding you to understand your iPhone 12’s real value using our market data.
  • Find out where to get the most money from buyback websites, in-store trade-ins, carrier deals, and private marketplaces.

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.

Compare popular online, carrier & in-store trade-in offers
TODAY'S BEST iPhone Trade-in Values
DeviceNew/BoxedGoodCracked
iPhone 12 Pro Max$452.00$370.00$230.00Compare
iPhone 12 Pro$399.00$350.00$184.00Compare
iPhone 12 Mini$240.00$200.00$122.00Compare
iPhone 12$395.00$250.00$134.32Compare
* Best market prices updated March 29th 2024

Discovering the true worth of your iPhone 12 can be challenging, especially with the market flooded with varying offers. You can lose up to $130 by not choosing wisely. However, BankMyCell offers a streamlined comparison of quotes from highly trusted buyback stores, updated every 15 minutes. This ensures you receive the highest payout for your iPhone 12, 12 Mini, 12 Pro, or 12 Pro Max.

With our comprehensive market analysis, you can effortlessly navigate through the clutter of resale values, securing a deal that best suits your financial and practical needs without the hassle of extensive research.

How Much is an iPhone 12 Worth?

Today's Used iPhone 12 Market Value Breakdown:

The average resale market or trade-in value of a used iPhone 12 is $252.00, with prices ranging between $170.00 up to $395.00 from the best buyback stores.

Compare iPhone 12 Values
iPhone 12 Resale Market Prices
Merchant64GB128GB256GB
Sell Locked$310.00$360.00$395.00Compare
BuyBack Boss$262.00$288.00$310.00Compare
GadgetGone$257.00$284.00$306.00Compare
Save Gadget$241.00$265.00$285.00Compare
GadgetPickup$239.00$283.00Compare
BuyBackWorld$220.00$245.00$260.00Compare
ItsWorthMore$215.00$235.00$255.00Compare
The Whiz Cells$210.00$235.00$250.00Compare
Cell Tech$200.00$225.00$250.00Compare
Gadget Trader$180.00$196.00$212.00Compare
SmartphonesPLUS$180.00$209.00Compare
Tronics Pay$170.00$187.00$205.00Compare
* Best market prices updated March 29th 2024

Today's Used iPhone 12 Pro Market Value Breakdown:

The average resale market or trade-in value of a used iPhone 12 Pro is $311.42, with prices ranging between $196.00 up to $399.00 from the best buyback stores.

Compare iPhone 12 Pro Values
iPhone 12 Pro Resale Market Prices
Merchant128GB256GB512GB
BuyBack Boss$330.00$380.00$399.00Compare
GadgetGone$323.00$373.00$393.00Compare
Save Gadget$306.00$351.00$376.00Compare
GadgetPickup$301.00$348.00$373.00Compare
BuyBackWorld$300.00$340.00$365.00Compare
Cell Tech$265.00$300.00$350.00Compare
SmartphonesPLUS$196.00$294.00$318.00Compare
ItsWorthMore$265.00$300.00$315.00Compare
Gadget Trader$240.00$276.00$290.40Compare
The Whiz Cells$245.00$290.00$290.00Compare
Tronics Pay$212.00$225.00$280.00Compare
Sell Locked$230.00$260.00$270.00Compare
* Best market prices updated March 29th 2024

Today's Used iPhone 12 Pro Max Market Value Breakdown:

The average resale market or trade-in value of a used iPhone 12 Pro Max is $360.58, with prices ranging between $255.00 up to $452.00 from the best buyback stores.

Compare iPhone 12 Pro Max Values
iPhone 12 Pro Max Resale Market Prices
Merchant128GB256GB512GB
BuyBack Boss$407.00$429.00$452.00Compare
GadgetGone$402.00$424.00$447.00Compare
Save Gadget$378.00$400.00$430.00Compare
GadgetPickup$375.00$395.00$422.00Compare
BuyBackWorld$320.00$355.00$400.00Compare
ItsWorthMore$355.00$365.00$385.00Compare
Cell Tech$325.00$350.00$370.00Compare
Sell Locked$320.00$350.00$370.00Compare
The Whiz Cells$315.00$340.00$355.00Compare
SmartphonesPLUS$299.00$320.00$350.00Compare
Tronics Pay$255.00$298.00$340.00Compare
Gadget Trader$296.00$312.00$328.80Compare
* Best market prices updated March 29th 2024

Today's Used iPhone 12 Mini Market Value Breakdown:

The average resale market or trade-in value of a used iPhone 12 Mini is $185.11, with prices ranging between $130.00 up to $240.00 from the best buyback stores.

Compare iPhone 12 Mini Values
iPhone 12 Mini Resale Market Prices
Merchant64GB128GB256GB
BuyBack Boss$196.00$219.00$240.00Compare
GadgetGone$189.00$212.00$235.00Compare
BuyBackWorld$185.00$200.00$225.00Compare
Save Gadget$180.00$202.00$221.00Compare
Tronics Pay$170.00$191.00$212.00Compare
GadgetPickup$179.00$200.00$203.00Compare
The Whiz Cells$160.00$180.00$200.00Compare
Cell Tech$150.00$175.00$200.00Compare
ItsWorthMore$160.00$180.00$195.00Compare
Sell Locked$130.00$160.00$180.00Compare
Gadget Trader$131.69$147.31$174.40Compare
SmartphonesPLUS$155.00$155.00$166.00Compare
* Best market prices updated March 29th 2024

The trade-in value of iPhone 12 / 12 Mini, or the larger 12 Pro / 12 Pro Max, depends on several factors, including:

  • Storage size: The different models in the iPhone 12 series have storage ranging from 64GB to 512GB. The more storage the phone has, the higher the resale price.
  • Condition: Mint condition means it looks and functions like a new iPhone, while good condition means it has nothing worse than light wear on the outside. But even if your phone is damaged, cracked, or faulty, you can still make money from selling it.
  • Carrier: If your smartphone is locked to a specific carrier, it will be worth a bit less. Unlocked smartphones, which are bought outright, are always worth more.
  • Payment: The most common means of payment are direct deposit, check, or PayPal. Carriers and stores may offer limited payment solutions and may restrict you to store credit.

Condition Quotes: iPhone 12 Best Used Price

DeviceNew/BoxedGoodCrackedFaulty
iPhone 12 Mini$240.00$200.00$122.00$70.00Compare
iPhone 12$395.00$250.00$134.32$85.00Compare
iPhone 12 Pro$399.00$350.00$184.00$170.00Compare
iPhone 12 Pro Max$452.00$370.00$230.00$170.00Compare
* Best market prices updated March 29th 2024

The trade-in price of an iPhone 12 depends on several factors. The storage size is always important, and the more GBs the model has, the better the price you can potentially get for it.

The iPhone 12 and iPhone 12 mini come in 64GB, 128GB, and 256GB versions, while the iPhone 12 Pro and 1Phone 12 Pro Max have 128GB, 256 GB, and 512 GB options.

The condition of the phone is also a significant factor in the iPhone 12 value. Stores will buy the following:

What do the conditions mean?

  • Mint condition: The phone is used but functions well and has no exterior marks.
  • Good condition: The phone is used but functions and may have minor marks on the exterior.
  • Cracked screen/case: The phone has a broken screen or case but no software or hardware issues.
  • Faulty: The phone won’t turn on, has software or hardware issues, or parts that do not work.

Resale Market Comparison: Best iPhone 12 Trade-in Values

DeviceMax PriceMin PriceDifference
iPhone 12 Mini$240.00$5.00+$235Compare
iPhone 12$395.00$3.00+$392Compare
iPhone 12 Pro$399.00$3.00+$396Compare
iPhone 12 Pro Max$452.00$1.00+$451Compare
* Best market prices updated March 29th 2024

If you’re interested in trading in or reselling your phone, several buyback companies and private sites will pay you for your iPhone 12. The used iPhone 12 price they offer may be less than you expect, though, and some offer only store credit.

  • Amazon, Apple, BestBuy, EcoATM, and GameStop all pay relatively lower prices for a used iPhone 12. You may get slightly more if you trade it in for store credit instead of cash. Opting for store credit over cash could yield a slightly higher value, which you can use at an Apple store or similar outlets for upgrading your device.
  • Carrier services’ trade-in programs often pay less but frequently offer bonuses on trade-ins, allowing you to get flagship phones for less.
  • User-to-user sales: The iPhone resale prices vary widely on classifieds and private listing sites like Craigslist and Facebook Marketplace. You also may have to meet with several potential buyers before selling your phone.
  • Swappa is another good place to try to sell your iPhone.

Your Carrier & How it Impacts Your iPhone 12 Resale Value

DeviceUnlockedVerizonAT&TT-Mobile
iPhone 12 Mini$240.00$240.00$240.00$240.00Compare
iPhone 12$395.00$294.00$345.00$275.00Compare
iPhone 12 Pro$399.00$365.00$362.00$349.00Compare
iPhone 12 Pro Max$452.00$437.00$451.00$385.00Compare
* Best market prices updated March 29th 2024

If you purchased your iPhone 12 outright, your phone’s resale value would be higher because it isn’t locked to a particular carrier. This gives the buyer the option to take the phone to any carrier and get service with it.

If you purchased your iPhone 12 with a specific carrier service, you can still sell it to anyone you like. The phone is yours, and the carrier has no rights to repossess it because of the way it was financed. You do still have to pay off whatever remains of your contract with the carrier. Stores will tend to offer you less money, though.

If your carrier was Verizon, T-Mobile, or AT&T, then the phone was automatically unlocked 60 days after you originally purchased it. These phones count as unlocked even if you are still connected to one of these carriers.

Today’s used iPhone 12 Pro value breakdown:

  • Carrier Unlocked trade-ins are worth $196.00 to $399.00 on average. The top value for a 12 Pro Max is $330.00 for 128GB, $380.00 for 256GB, and $399.00 for 512GB.
  • Verizon carrier lock trade-ins are worth $180.00 to $365.00 on average. The top value for a 12 Pro Max is $318.00 for 128GB, $362.00 for 256GB, and $365.00 for 512GB.
  • AT&T carrier lock trade-ins are worth $175.00 to $362.00 on average. The top value for a 12 Pro Max is $315.00 for 128GB, $348.00 for 256GB, and $362.00 for 512GB.
  • T-Mobile/Sprint carrier lock trade-ins are worth $153.00 to $349.00 on average. The top value for a 12 Pro Max is $270.00 for 128GB, $290.00 for 256GB, and $349.00 for 512GB.
iPhone 12iPhone 12 MiniiPhone 12 ProiPhone 12 Pro Max

A unique software lock code secures carrier-locked iPhone 12 phones. This prevents the device from being connected to a carrier network different from the one it was initially programmed for. The good thing is that these carrier locks can be removed, which increases the iPhone pricing.

Frequently Asked Questions

Can you sell an iPhone 12 if you still owe money?

Yes, you can. When you purchased your phone and signed up for a monthly plan or service term, you were extended a line of credit by your carrier. You will still have to pay for your phone’s monthly contract, but you can sell the phone to get the device value it’s worth to pay off this amount or upgrade to a new phone.

If you want to sell iPhone 12 with money owed, get a quote here:

Can you sell iCloud Locked iPhone 12's if you forgot the password?

Yes, you can. If you can’t remember your iCloud lock password or passcode, some buyback stores can still buy the device and unlock it, providing you’re the rightful owner of the phone to unlock the phone. Select Activation Lock from the filters and find the best locked iPhone 12 resale value.

If you want to sell iCloud locked 12, get a quote here:

Can you sell blacklisted iPhone 12's with bad ESN's?

Yes, you can. While private buyers may not know how to unblock the phone and will be reluctant to take it on, some buyback stores online will buy a blacklisted phone. Again, as long as you actually own the phone, the process is simple.

If you want to sell a blacklisted or bad ESN iPhone 12, get a quote here: