How Much Is Your iPhone 8 Worth Now? (Sell or Trade-in)

Compare Your iPhone 8 Resale Values

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By Ash Turner
As CEO of and 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 May 24, 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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  • Maximize your iPhone 8’s resale value and avoid losses by assessing its trade-in value accurately.
  • Use our market price comparisons to find the best deal and save up to $67.00.
  • Explore options like online buyback companies, in-store trade-ins, and carrier offers to get the highest return for your device.

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.

How much is my iPhone 8 worth header
Compare popular online, carrier & in-store trade-in offers
TODAY'S BEST iPhone Trade-in Values
iPhone 8 Plus$145.00$91.00$35.00Compare
iPhone 8$101.00$64.80$20.00Compare
* Best market prices updated June 19th 2024

iPhones generally hold their value well, but as newer models are released, the prices of older versions start to drop. Selling your iPhone at the right time is key to getting a good price but you first have to know how much your iPhone is truly worth.

BankMyCell can help you compare prices from over 20 trusted buyers to ensure you get the best offer for your iPhone 8, whether it’s in near-perfect condition or has some damage. With BankMyCell, you’re equipped with the latest pricing information to help you sell your Phone 8 confidently and maximize your return.

How Much is an iPhone 8 / 8 Plus Worth?

Today's Used iPhone 8 / 8 Plus Market Value Breakdown:

The average value of a used iPhone 8 is between $50.00 and $101.00, while a used iPhone 8 Plus is worth anywhere between $70.00 and $145.00. How much your phone adds up to depends on several conditions:

Compare iPhone 8 ValuesCompare iPhone 8 Plus Values

iPhone 8 Used Price:

iPhone 8 Resale Market Prices
BuyBack Boss$78.00$86.00$101.00Compare
Sell Locked$70.00$75.00$80.00Compare
Tronics Pay$64.00$68.00$72.00Compare
The Whiz Cells$50.00$65.00Compare
* Best market prices updated June 19th 2024

iPhone 8 Plus Used Price:

iPhone 8 Plus Resale Market Prices
BuyBack Boss$105.00$120.00$145.00Compare
The Whiz Cells$70.00$100.00Compare
Sell Locked$85.00$95.00$100.00Compare
Tronics Pay$76.00$89.00$98.00Compare
* Best market prices updated June 19th 2024

Released in September 2017, the iPhone 8 and 8 Plus still carry value. However, it’s wise to sell sooner rather than later, as iPhones depreciate quickly, losing 43% of their value in the first year. The resale price varies based on these factors:

  • Storage size: More storage means more money.
  • Condition: Whether your iPhone is in mint condition, good, cracked, or internally faulty, it can still be sold.
  • Carrier: If your phone is locked to a carrier’s network like Verizon, AT&T, or Sprint?
  • Payment: In-store trade-ins will usually leave you with a store credit. You can make more money with online cash offers.

Condition Quotes: How Much Is an iPhone 8 Worth?

iPhone 8 Plus$145.00$91.00$35.00$27.00Compare
iPhone 8$101.00$64.80$20.00$19.00Compare
* Best market prices updated June 19th 2024

Considering that your iPhone 8’s trade-in value depends largely on storage size and condition, let’s take a look at some specific quotes.

The iPhone 8 and iPhone 8 Plus comes in capacity sizes of 64GB, 128GB, or 256GB. An iPhone 8 with a storage size of 256GB can be worth 19% more than a 64GB iPhone 8. However, a 64GB iPhone 8 can still earn you up to $126. Keep in mind these quotes are for unlocked phones. A locked, used iPhone 8 will be worth around $25.

Stores will buy your iPhone 8 under the following conditions:

What do the conditions mean?

  • Mint condition: The device works like a new iPhone.
  • Good condition: Works well, with a few minor scratches.
  • Cracked screen or case: The screen is broken, with no software issues.
  • Faulty: The iPhone doesn’t turn on or partially works (internal issues).

Even a faulty, used iPhone 8 can still make you $41, which can get used toward your new model.

Resale Market Comparison: Best iPhone 8 Trade-in Values

DeviceMax PriceMin PriceDifference
iPhone 8 Plus$145.00$1.00+$144Compare
iPhone 8$101.00$1.00+$100Compare
* Best market prices updated June 19th 2024

Retailers like Apple, GameStop, Gazelle, EcoATM, BestBuy, and Amazon often offer less for your iPhone 8, typically providing only in-store or on-site credit.

  • Retailers like Apple, GameStop, Gazelle, EcoATM, BestBuy, and Amazon often offer less for your iPhone 8, typically providing only in-store or on-site credit.
  • Carriers such as Verizon, AT&T, and T-Mobile/Sprint usually pay less and may push trade-in bonuses or store credit for your next upgrade, leading to more spending.
  • Selling on Craigslist or Facebook Marketplace poses its risks with uncertain buyer interactions.

Carrier Quotes: Your Carrier & How It Impacts Your iPhone 8’s Resale Value

iPhone 8 Plus$145.00$138.00$124.00$105.00Compare
iPhone 8$101.00$101.00$93.00$78.00Compare
* Best market prices updated June 19th 2024

An unlocked iPhone 8 typically has a higher resale value. However, even if your old device is carrier-locked, you can still sell it.

T-Mobile/Sprint and Verizon will automatically unlock their phones 60 days after purchase.

Today’s iPhone 8 Plus breakdown:

  • Carrier Unlocked trade-ins are worth $70.00 to $145.00 on average. The top deal you’ll get is $110.00 for 64GB, $120.00 for 128GB, and $145.00 for 256GB.
  • Verizon carrier lock trade-ins are worth $60.00 to $138.00 on average. The top deal you’ll get is $105.00 for 64GB, $120.00 for 128GB, and $138.00 for 256GB.
  • AT&T carrier lock trade-ins are worth $60.00 to $124.00 on average. The top deal you’ll get is $95.00 for 64GB, $105.00 for 128GB, and $124.00 for 256GB.
  • T-Mobile/Sprint carrier lock trade-ins are worth $30.00 to $105.00 on average. The top deal you’ll get is $95.00 for 64GB, $98.00 for 128GB, and $105.00 for 256GB.
Compare iPhone 8 ValuesCompare iPhone 8 Plus Values

It’s not too late to unlock your iPhone 8. Only your carrier can unlock your phone at your request.

How Quickly Your Used iPhone 8’s Price Drops

When the iPhone 8 was released in 2017, it sold for a whopping $699 for the base model and $799 for the 8 Plus. The question is:

How quickly does that price drop? 

While Apple phones hold their value for a long time, prices decline naturally as the newer models come out, usually every September. An iPhone can lose value big time within just three months following the latest iPhone announcement. We can help give you real-time prices for the best deal.

Quotes drop daily, so it’s best to sell your iPhone today.

The average iPhone lost 22.35% from 2020-2021. If you wait even 12 weeks after the new model’s announcement, your iPhone will depreciate by up to $218. The iPhone 8 is forecasted to have the highest annual depreciation rate of 26.67%.

The solution is to lock your price. Stores offer price locks once you place a trade-in order. This allows you to freeze the current price while you look around. For most stores, locks last between 7 to 31 days.

This is a reliable, risk-free option.

If you’re happy with the offer, shipping is free. They’ll even send you your phone back at no cost to you if there is any change in the rate offered after testing.

Sell a Financed, iCloud Locked, Blacklisted iPhone 8

Can you sell an iPhone 8 / 8 Plus if you still owe money?

Yes, you can. However, you still have to pay your monthly installments after selling the phone. The trick is to take the money from your sale and pay off the remaining balance. You still need to pay off what you owe, or else some carriers like Verizon will turn off the phone.

If you want to sell iPhone 8 / 8 Plus with money owed, get a quote here:

Can you sell an iCloud-locked iPhone 8 / 8 Plus if you forgot the password?

Limited physical stores may accept iCloud-locked iPhone models due to forgotten password or Apple ID, and they often offer low prices in the form of store credit. For an effective Apple trade-in, online buyback  sites like BankMyCell purchase iCloud-locked phones, and you can compare their cash offers for a better deal.

If you want to sell iCloud locked 8 / 8 Plus, get a quote here:

Can you sell a blacklisted iPhone 8 / 8 Plus with a bad ESN?

Yes, you can, but selling to traditional stores may be more challenging than using online buyback sites. For a smoother Apple trade-in experience, use BankMyCell to compare your options and review cash quotes from various online buyback platforms.

If you want to sell a blacklisted or bad ESN iPhone 8 / 8 Plus, get a quote here:

Frequently Asked Questions

What are key safety tips for selling an iPhone 8 in person?

Prioritize your safety by meeting in public, well-lit places, opting for secure payment methods, and thoroughly verifying the buyer’s credibility. Consider selling to online buyback stores on BankMyCell for utmost safety and convenience. They offer competitive cash deals and free shipping and eliminate the need for in-person interactions.

How does iOS affect iPhone 8's resale value?

The iPhone 8’s worth is primarily determined by its condition, storage, and carrier status, even if it doesn’t support the latest updates like the latest iPhone. Secure the highest price conveniently by using BankMyCell. Unlike traditional stores that provide store credit, BankMyCell compares cash offers from various buyback sites considering these essential factors.

What environmental benefits does selling an iPhone 8 offer?

Selling your iPhone 8 significantly contributes to environmental conservation by minimizing e-waste and promoting sustainable tech use. Opting for online buyback services ensures your device is either responsibly resold for further use or recycled for parts.