When a new iPhone model is released, Canadians like to sell their old models and buy new ones on eBay Canada, which has shared some interesting sales data with iPhone in Canada.
eBay Canada said daily searches for iPhone by Canadians were increasing by over 25% on average each month, since August. From October to November (to-date), daily searches for iPhone increased by 33%.
When it comes to the average purchase prices for iPhone X on eBay Canada since Apple’s pre-order date (October 27), the company says it’s around $1890 CAD. Currently, there are nearly 2,300 iPhone X listings on eBay Canada.
The entry 64GB iPhone X costs $1319 CAD from Apple.ca, so this works out to just over $400 CAD markup after taxes (for a B.C. seller after taxes).
Just prior to Apple’s announcement of iPhone X to after the launch of pre-orders on October 27, older iPhone prices dropped on the site. Average iPhone 7 prices dropped 12%, with prices hitting about $600 CAD.
Average iPhone 8 prices are around $910 CAD and iPhone 8 Plus are at $960 CAD, after the iPhone X pre-order date.
Currently, there are over 12,000 listings for pre-owned or refurbished iPhone 7 models on eBay Canada.
Did you happen to sell ‘extra’ iPhone X units? What were some profits you were seeing compared to eBay?