TIME Apple

Apple Is Dumping Old iPhones for Cheap on eBay

eBay iPhone
Andrew Harrer—Bloomberg/Getty Images The eBay Inc. logo and application are displayed on a an Apple Inc. iPhone 5 and iPad in this arranged photograph in Washington on April 25, 2014.

Unlocked iPhone 5 models are selling for $200 less than their original price

If you move quickly and don’t mind older technology, you can buy an unlocked iPhone 5 from Apple for a lot less than its asking price.

As AppleInsider points out, Apple is currently selling “Certified Pre-Owned” iPhone 5 models on eBay. The 16 GB version, in either white or black, is selling for $449, which is $200 off the original price. That’s also $100 cheaper than the current iPhone 5c, which has nearly identical tech specs.

Although the full price for an unlocked phone is more expensive than what you’d get with a two-year contract, you could take the phone to AT&T or T-Mobile and get cheaper monthly service. (Check out our wireless plan pricing guide; paying full price gets you the same discount as AT&T’s Next and T-Mobile’s Jump plans, but without the additional monthly phone cost.)

Apple was also selling the 32 GB iPhone 5 for $479 and the 64 GB iPhone 5 for $499, but those versions sold out rather quickly.

[video id=Mp5LsYTV]
Tap to read full story

Your browser is out of date. Please update your browser at http://update.microsoft.com


YOU BROKE TIME.COM!

Dear TIME Reader,

As a regular visitor to TIME.com, we are sure you enjoy all the great journalism created by our editors and reporters. Great journalism has great value, and it costs money to make it. One of the main ways we cover our costs is through advertising.

The use of software that blocks ads limits our ability to provide you with the journalism you enjoy. Consider turning your Ad Blocker off so that we can continue to provide the world class journalism you have become accustomed to.

The TIME Team