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How Much Does an iPhone 8 Cost?

The answer, like most things Apple, isn’t as simple as a single number. The cost of an iPhone 8 varies dramatically depending on several factors, including whether you’re buying it new, used, or refurbished, the storage capacity, and your location. You also need to consider whether you’re buying it outright, financing it, or trading in an older device.

Generally, you’ll find that a used iPhone 8 in decent condition can range from $75 to $150. Refurbished models, offering a balance of affordability and reliability, will typically cost between $120 and $200. As of 2024, finding a brand-new iPhone 8 is increasingly difficult, and if you do, expect to pay a premium, potentially exceeding $300-$400, depending on the reseller.

Understanding the Price Landscape of the iPhone 8

The iPhone 8 was originally released in 2017, making it a legacy device in today’s fast-paced smartphone market. Apple no longer sells the iPhone 8 directly. The price fluctuations you see are now driven by the secondary market, where supply and demand play a significant role. Let’s dive deeper into the factors influencing those prices.

Factors Affecting iPhone 8 Pricing

Condition: The condition of the phone is the most obvious factor. A phone with scratches, dents, or a cracked screen will be significantly cheaper than one in pristine condition. Refurbished models typically fall somewhere in between, having been repaired and restored to near-new condition by a third-party seller.
Storage Capacity: The iPhone 8 came in two storage options: 64GB and 256GB. The 256GB model will always command a higher price, even in the used market, due to its increased storage capacity.
Seller Reputation: Buying from a reputable seller, whether it’s a certified reseller or a well-known online marketplace, usually comes with a slightly higher price tag, but offers greater peace of mind regarding the phone’s condition and functionality. Avoid suspiciously low prices from unknown sellers, as they might indicate a scam or a device with hidden issues.
Market Demand: Even though it’s an older model, the iPhone 8 still has a dedicated following. Its compact size, familiar design, and reliable performance make it an attractive option for users who don’t need the latest and greatest features. Higher demand can drive up prices, particularly in certain regions.
Location: Prices can also vary depending on your location. Some regions might have a higher supply of used iPhone 8s, leading to lower prices. Conversely, regions with limited availability might see prices inflated.
Unlocked vs. Locked: An unlocked iPhone 8 is more desirable because it can be used with any carrier. Carrier-locked iPhones are typically cheaper, but you’re restricted to using them with a specific network.

Where to Buy an iPhone 8

Online Marketplaces (eBay, Swappa, Facebook Marketplace): These platforms offer a wide selection of used iPhone 8s, often at competitive prices. However, exercise caution and thoroughly research the seller’s reputation before making a purchase.
Refurbished Electronics Retailers: Companies like Gazelle and Back Market specialize in selling refurbished electronics, including iPhones. They typically offer warranties and guarantees, providing added security.
Local Classifieds (Craigslist, OfferUp): You might find a good deal on a used iPhone 8 through local classifieds, but always meet the seller in a public place and thoroughly inspect the phone before handing over any money.
Wireless Carriers: While rare, some wireless carriers might still offer certified pre-owned iPhone 8s. Check with your local carriers to see if they have any available inventory.