Craigslist gold mine?

[gloriousnumber1]

So, once Verizon stop allowing customers to keep their unlimited with upgrades, won't craigslist and other sites blow up with people selling phones?

I may have to sell my Rezound once I upgrade to pay for my upgrade when the bill I put it on comes due, and I am pretty sure it should be easy once these changes happen, or am I mistaken?

Also, where are some resources to learn about used phone sales, so I do it right if I do that? I know I can post it here, but when (or if) I have to, I will probably go here first.

 

[kool kat2]

If you by from craigslist, just meet in the store and don't pay until the phone its activated

 

[dirkbonn]

So, once Verizon stop allowing customers to keep their unlimited with upgrades, won't craigslist and other sites blow up with people selling phones?

I may have to sell my Rezound once I upgrade to pay for my upgrade when the bill I put it on comes due, and I am pretty sure it should be easy once these changes happen, or am I mistaken?

Also, where are some resources to learn about used phone sales, so I do it right if I do that? I know I can post it here, but when (or if) I have to, I will probably go here first.

If ebay and craigslist "blow up" with phones for sale, this will drive down the cost of used phones. Law of supply & demand. And this influx of used phones for sale would possibly happen only if the cost of a data plan rises significantly. This of course we won't know until Verizon officially announces the prices for tiered/shared data plans. At this time there are so many varibles that it hard to say what will or will not happen.

Fun to speculate though. And that's what these forums are really good at, huh?

 

[Doit2it]

I agree with Kool Kat2, definitely make the exchange at a Verizon corporate store so you can activate the phone before handing over the cash. I bought and sold my Droid Eris this way a couple of years ago. The seller had no problem waiting and the buyer was grateful I suggested it.

When you start looking for a used cell phone on Craigslist I HIGHLY recommend using the website IFTTT. If This Then That is a GREAT website where you set up triggers & actions. Example: I set up a trigger to look for Razr Maxx being sold in my area, then if one is posted the websites action is to send me a text with the posting header and a link to the post. That way I can be first to respond to a great deal if I wish. IFTTT works with many other types of website to create triggers also.

 

[AntimonyER]

I have had good success with buying phones from Craigslist myself. And ebay as long as you stick to highly rated sellers.

 

[gloriousnumber1]

Well if I get the Incredible 4G, or something not high end, I may be able to avoid this in the first place.

But the supply and demand principle is definitely proven, so sooner rather than later should yield the highest return, not counting the depreciation which will only magnify it.