We earlier posted about Apple’s Reuse and Recycle program and informed you guys about the resale prices for your used iPhone 4 in depending on its conditions. The price which was earlier decided by most of the services was starting from approx $200 and downwards. However, following iPhone 4S launch, the trade-in prices for iPhone 4 are now dropping down.

iPhone 4

Gazelle has dropped the rate of iPhone 4 from $250 to $200 for a 32GB model on AT&T and $170 for Verizon. As reported by PC Mag, MSNBC and NextWorth had also been offering $250 before iPhone 4S was launched, but now has decreased their prices to $200 for a 16GB phone and $215 for 32GB model. Similarly, earlier you could have earned $307.54 from Ebay for you iPhone 4 but now the amount has been tumbled down to $178 for a 16GB model ’good’ condition iPhone 4. Apple, however, is still offering $200 for your phone in good condition, but is likely to follow other services, decreasing resale prices soon, 9to5mac reported.

So for those of you still planning to resale your used iPhone 4, be quick, because looking at the situation these prices are to decrease further.

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