Best iPhone SE Used Price: How Much is an iPhone SE Worth Now? (Apr 2024)

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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 March 13, 2024
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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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  • Use BankMyCell’s precise valuation for your iPhone SE to make an informed and confident upgrade decision.
  • Ensure you get the full value of your iPhone SE, potentially up to $87.00 more, by comparing trade-in prices with our tool.
  • Simplify selling your iPhone SE with our guide, pointing you to the best deals across 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
iPhone SE 3 (2022)$270.00$167.25$73.00Compare
iPhone SE 2 (2020)$162.00$102.00$42.00Compare
iPhone SE$22.00$9.00Compare
* Best market prices updated April 13th 2024
$ Sell iPhone SE for cash

Before you rush to the nearest retailer, understand that the right knowledge can significantly boost your phone’s trade-in value. By comparing prices through our detailed charts, you can ensure you’re getting the most for your device—potentially doubling your expectations.

When it’s time for a new phone, consider all your options. Carrier buyback programs may offer enticing incentives but don’t overlook the potential of mobile marketplaces like Swappa. With a clearer understanding of your iPhone SE’s worth and the available selling platforms, you’re set to make a smart, profitable decision.

How Much is an iPhone SE 3 (2022) Worth?

Today's Used iPhone SE 3 2022 Market Value Breakdown:

Back in March 2022, Apple launched the third generation budget SE model, the iPhone SE 3 (2022). Below, the table shows today’s average value of a used iPhone SE 3 is between $123.00 and $270.00.

Compare iPhone SE 3 Values
iPhone SE 3 2022 Resale Market Prices
Sell Locked$210.00$250.00$270.00Compare
BuyBack Boss$212.00$228.00$246.00Compare
Gadget Trader$157.00$169.00$181.00Compare
The Whiz Cells$130.00$145.00$155.00Compare
Tronics Pay$123.00$140.00$153.00Compare
* Best market prices updated April 13th 2024

How Much is an iPhone SE 2020 Worth?

Today's Used iPhone SE 2020 Market Value Breakdown:

Back in April 2020, Apple released the model’s second generation, the iPhone SE 2 (2020). Below, the table shows today’s average value of a used iPhone SE 2 is between $40.00 and $162.00.

Compare iPhone SE 2 Values
iPhone SE 2020 Resale Market Prices
BuyBack Boss$105.00$125.00$157.00Compare
Gadget Trader$74.00$88.00$110.00Compare
Tronics Pay$64.00$72.00$102.00Compare
Sell Locked$75.00$85.00$90.00Compare
Cell Tech$50.00$80.00$90.00Compare
The Whiz Cells$40.00$60.00$80.00Compare
Save Gadget$14.00$16.00$19.00Compare
* Best market prices updated April 13th 2024

How Much is an iPhone SE Worth?

Today's Used iPhone SE Market Value Breakdown:

The iPhone SE debuted in the fall of 2016. It was one of the most affordable Apple phones available, filling the gap between the iPhone 5s and the iPhone 6S. It features an improved processor, better storage, and a higher quality camera. We can see the average value of an original but used iPhone SE is between $5.00 and $22.00.

Compare iPhone SE Values
iPhone SE Resale Market Prices
* Best market prices updated April 13th 2024

The value of your device is highest in the first year after release, gradually decreasing to fair over three years. Notably, SE and Mini models, often labeled budget iPhones, depreciate faster due to market demand.

To maximize return, consider selling or trading in your iPhone SE before its value significantly drops, making it harder to find a willing buyer or retailer.

Here are other factors that contribute to the iPhone SE resale value:

  • Storage Size: More storage generally means higher value.
  • Condition:You can sell it in any condition.
  • Carrier: Unlocked phones fetch more than carrier-locked ones.
  • Payment: Options include direct deposit, PayPal, check, or cash. Note: In-store trade-ins may offer less value and limit you to store credit.

Condition Quotes: iPhone SE Best Used Price

Storage size plays a considerable role in determining a used iPhone SE resale price. The second iPhone SE 2020 was available in 64GB, 128GB, and 256GB. For the Original SE model, storage falls into four categories: 16GB, 32GB, 64GB, and 128GB, the table below shows today’s top trade-in values for a used SE / SE 2:

iPhone SE 3 (2022)$270.00$167.25$73.00$58.00Compare
iPhone SE 2 (2020)$162.00$102.00$42.00$34.00Compare
iPhone SE$22.00$9.00Compare
* Best market prices updated April 13th 2024

If you want to maximize your savings and find the best offers, you also need to consider your phone’s shape or condition. Here are the most common conditions for iPhones and their meanings:

What do the conditions mean?

  • Mint Condition:Looks new, no scratches, fully functional.
  • Good Condition: Minor scratches, functions well.
  • Damaged: Noticeable dents or broken glass, but works properly.
  • Faulty: Software or hardware issues, may have physical damage..

Every iPhone SE has value. Even old or damaged devices can be sold or traded for parts. While the payout may not be high for heavily worn devices, you’ll still earn something and ensure professional data wiping.

Resale Market Comparison: Best iPhone SE Trade-in Values

DeviceMax PriceMin PriceDifference
iPhone SE 3 (2022)$270.00$1.45+$268.55Compare
iPhone SE 2 (2020)$162.00$1.00+$161Compare
iPhone SE$22.00$1.00+$21Compare
* Best market prices updated April 13th 2024

When considering a trade-in or sale, note that Apple generally offers lower payouts. While Best Buy accepts trade-ins, they provide store credit instead of cash, and the offered value depends on the phone’s condition.

Network carriers like Verizon and AT&T might not pay as much as online buyback retailers, but sometimes offer bonuses for trading in towards new flagship devices, which could make it a worthwhile option. For private sales, platforms like eBay are available but take a 10% cut of the sale price, whereas Swappa is a more cost-effective choice for its lower fees.

Your Carrier & How It Impacts Your iPhone SE Resale Value

iPhone SE 3 (2022)$270.00$245.00$238.00$212.00Compare
iPhone SE 2 (2020)$162.00$157.00$137.00$125.00Compare
iPhone SE$22.00$20.00$20.00$20.00Compare
* Best market prices updated April 13th 2024

Unlocked iPhone SEs generally command the highest resale or trade-in values. If your phone is carrier-locked, you’re not restricted to selling it back to the carrier; you can sell or trade it elsewhere.

Devices locked to carriers like AT&T, T-Mobile, or Verizon can still attract fair offers, especially since T-Mobile and Verizon phones automatically unlock 60 days after purchase.

Here’s today’s iPhone SE 2020 breakdown:

  • Carrier Unlocked trade-ins are worth $40.00 to $162.00 on average. The max payout you’ll get is $105.00 for 64GB, $137.00 for 128GB, and $162.00 for 256GB.
  • Verizon carrier lock trade-ins are worth $40.00 to $157.00 on average. The max payout you’ll get is $105.00 for 64GB, $125.00 for 128GB, and $157.00 for 256GB.
  • AT&T carrier lock trade-ins are worth $5.60 to $137.00 on average. The max payout you’ll get is $84.00 for 64GB, $107.00 for 128GB, and $137.00 for 256GB.
  • T-Mobile/Sprint carrier lock trade-ins are worth $4.20 to $125.00 on average. The max payout you’ll get is $79.00 for 64GB, $105.00 for 128GB, and $125.00 for 256GB.
Compare iPhone SE 2 ValuesCompare iPhone SE Values

How Quickly Your Used iPhone SE Price Drops

Initially priced at $399, the iPhone SE / SE 2 depreciates quickly post-purchase. Its value holds relatively steady for about nine months before a new Apple release, after which it drops sharply, declining on average by 17.64% compared to 15.24% in the preceding months.

Expect a further annual decrease of 14.24% in trade-in value. To secure the best return, consider online retailers offering price locks on trade-ins, allowing you to lock in current quotes for 7 to 31 days without obligation.

Shipping your device for evaluation is typically free, and if a fault reduces its value, it’s returned at no cost. Despite depreciation, the iPhone SE remains in demand for its affordability and performance, retaining a vibrant market.

Frequently Asked Questions

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

Absolutely. When you make monthly payments to your service provider for your iPhone SE, the installment plan is under an unsecured credit line. With this type of agreement, the carrier can’t take the phone back unless you sell it to them. However, you will still owe the remaining balance if you sell it to someone else.

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

Can you sell iCloud-locked iPhone SE’s if you forgot the password?

Yes, but locks will reduce the trade-in value of a used iPhone SE. Carrier locks mean the buyer can only use the phone with that carrier unless they modify the device. Though the sale is legal, buyers may be more apprehensive about purchasing a phone they can’t immediately use.

If you want to sell iCloud locked SE / SE 2, get a quote here:

Can you sell blacklisted iPhone SE’s with bad ESN’s?

Carriers tend to blacklist lost or stolen phones, resulting in a bad equipment serial number or ESN. Buyers may be reluctant to purchase a phone with a bad ESN, but they will buy it with a lower offer to use for parts unless you can switch the device to a new carrier before trading or selling.

If you want to sell a blacklisted or bad ESN iPhone SE / SE 2, get a quote here: