Because Apple introduced the 16GB iPhone today, I decided to sell my 8GB iPhone on eBay so that I could use the earnings to pay for an upgrade — priced at $499.
I figured now would be a good time to sell because a flood of people who want the new 16GB model will probably be doing the same in the near future.
I listed my 8GB iPhone on eBay with a starting bid of 1 penny and a Buy It Now price of $415. After getting 6 bids in a couple of hours, a buyer chose to Buy It Now and paid me the $415 + $15 for shipping.
So as I was surfing over to the Apple Store, planning to put in an extra $100 of my own money to pay for the 16GB iPhone, I remembered that I still had my $100 Apple Store credit that I received after the first iPhone price drop.
It seemed too good to be true, so I worried that Apple wouldn’t let me redeem the credit to buy a new iPhone. But to my excitement, the store credit was accepted and I tacked it on to the $430 I received from the eBay auction.
Now I’ve got a 16GB iPhone on the way and I didn’t have to pay a penny of my own money for it!
If you’ve also got an 8GB iPhone and a store credit, I can’t imagine why you wouldn’t follow my lead and get yourself a free 16GB iPhone. Anyone else planning to do the same?