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eBay launches a new smartphone trade-in service with instant payouts

eBay launches a new smartphone trade-in service with instant payouts

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Product Red iPhone 8
Photo by Chris Welch / The Verge

eBay announced its new Instant Selling program for smartphones today, which will allow users to list their old phone on the platform and immediately receive an eBay voucher in return. eBay says it’s offering higher return rates than Gazelle, EcoATM, AT&T Trade-in, Apple Give Back, and Verizon Trade-in.

For a 64GB unscratched, unlocked iPhone X, for example, you can get up to $490 on Gazelle, $260 on EcoATM, $450 through AT&T Trade-in, $525 through Apple Give Back, and $500 through Verizon Trade In; eBay values the iPhone X at $679.

For a 64GB unscratched Samsung Galaxy S8, you can get $185 through Gazelle, $85 through EcoATM, $180 through AT&T Trade-in, and $185 through Verizon. (Apple doesn’t accept the S8.) eBay offers $271.

eBay seems to pay more for both devices, but you should definitely shop around to determine where you might get the most for your phone. Also, obviously, you have to decide whether you actually want an eBay voucher.

Eligible phones right now include:

  • Unlocked, Verizon, and AT&T Samsung Galaxy S7 to S9 Plus
  • Apple iPhone 6S 16GB to iPhone X 256GB

The company says it’ll add T-Mobile, Sprint, Google Pixel, and select LG products to that list in November. If you’re interested in checking out what your device might be worth on eBay, you can visit and enter your device information. If you keep following through, you’ll be prompted to upload photos and then accept the terms to ship your device to eBay. The company put out a video showing how the service works. You can watch it below: