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Ebay Guaranteed Smartphone Price and Quick Sale: Are They Good Deals?

NOTE: These programs have been replaced by the Instant eBay Voucher program. Read our overview of the eBay Instant Voucher program

Should you sell your phone via Ebay’s Guaranteed Smartphone Price or Quick Sale programs? Flipsy.com reviews each to help you decide

Ebay recently unveiled two new smartphone selling options – Guaranteed Smartphone Price and Quick Sale – so Flipsy.com took a closer look to give you the details of each program and to help you determine whether they’re good deals.

Ebay Guaranteed Smartphone Price Overview

Ebay’s Guaranteed Smartphone Price program is a limited-time promotion that runs until December 31, 2018. The program promises to deliver the most cash for your smartphone and guarantees the price your phone will sell for. However:

  • The program does not guarantee your phone will actually sell
  • Ebay only promises to pay more than Gazelle, AT&T, and T-Mobile will pay for your phone

The promotion is good for 7-day auction-format listings that use Ebay’s recommended starting price (no Buy It Now, reserved price, or fixed price listings). Listings must feature:

  • An accurate title
  • A photograph of the smartphone being sold
  • Accurate description, including phone condition
  • Shipping fees that are the lesser of $15 or the “average, usual, and/or customary range for similar or identical” phones

Regular Ebay fees apply to any sold listings.

If your phone sells within the 7-day listing period for less than Ebay’s guaranteed price, you will receive a coupon for the difference within one to two days of receiving the buyer’s payment. The coupon must be redeemed on Ebay.com within 30 days.

Here’s a comparison of Ebay’s guaranteed price, less fees, with trade-in offers found by Flipsy.com (retrieved 09/12/2018):

SMARTPHONEEBAY GUARANTEED PRICEFINAL EBAY PAYOUT AFTER FEESFLIPSY.COM TRADE-IN OFFER
iPhone X (64GB Verizon space gray in “good” condition)$701$612$625
iPhone 8 (64GB Verizon space gray in “good” condition)$445$388$449
iPhone 7 (32GB Verizon black in “good” condition)$288$251$253
iPhone 6s Plus (16GB Verizon space gray in “good” condition)$177$154$210
iPhone 6s (16GB Verizon space gray in “good” condition)$151$132$134
Galaxy S9 (64GB Verizon black in “good” condition”$474$414$425
Galaxy S8 (64GB Verizon black in “good” condition)$274$239$271
Samsung Galaxy S7 Edge (32GB Verizon black in “good” condition)$121$105$158
Samsung Galaxy S7 (32GB Verizon black in “good” condition)$123$107$141

As you can see, in some – but not all – cases, Ebay’s guaranteed price could be a good deal; however, it comes with the following caveats:

  • Your sale is not guaranteed
  • You must wait 7 days to find out if your phone sells; then, you’ll need to wait to get paid
  • If your phone sells for less than the guaranteed price, the difference will be paid with an Ebay coupon – not cash – and the coupon must be used on Ebay within 30 days

In addition, your buyer could dispute the condition your phone is in – after all, one person’s idea of “good condition” is not necessarily another’s. If a buyer files a dispute, most sellers offer a refund to avoid negative reviews, which also means they pay the return shipping costs. Even if you don’t want to offer a refund, Ebay’s Money Back Guarantee would likely force you to (and pay the return shipping fees).

Moreover, scammers are notorious for taking advantage of Ebay’s buyer-friendly refund policies. The bottom line is that even if you do sell your phone, uncertainty remains over whether you will get paid – or ultimately lose money via return shipping fees.

To determine whether Ebay’s guaranteed price offer is a good deal for you, compare how much Ebay will pay versus how much trade-in companies will pay via Flipsy.com. Once you know how much your phone is worth, you can then decide whether you’d like to attempt selling it on Ebay or if you’d rather sell it now and get paid quicker.

Looking to sell your phone? Find top-dollar offers from Trust Verified stores here:

Ebay Quick Sale Overview

Quick Sale is part of Ebay’s Valet Service, which works like a trade-in company:

  • Answer a few questions about your phone and receive an instant offer
  • Accept the offer, print a free prepaid shipping label, and mail your phone to an Ebay partner
  • Once your phone is received, Ebay’s partner will inspect it. If Ebay’s partner determines your phone matches your description, you will be paid via PayPal within two business days
  • If Ebay’s partner determines your phone’s condition differs from your description, they’ll provide an updated offer. If you reject the offer, your phone will be shipped back to you at no charge

It takes around five days for your phone to be received and inspected, and Ebay states you can expect to be paid within seven to ten business days from the date you send it.

There are no fees associated with selling via Ebay Quick Sale, but the program only accepts working phones in new, like-new, or used (not broken) condition.

In general, Ebay Quick Sale will not buy:

  • Phones valued at less than $100
  • Older phones
  • Phones in poor condition
  • Customized and collector phones

Let’s compare a few Ebay Quick Sale offers to trade-in/buyback offers found by Flipsy.com (retrieved 09/12/2018):

SMARTPHONEEBAY QUICK SALE OFFERFLIPSY.COM TRADE-IN OFFER
iPhone X (64GB Verizon space gray in “good” condition)Not eligible for quick sale$625
iPhone 8 (64GB Verizon space gray in “good” condition)Not eligible for quick sale$449
iPhone 7 (32GB Verizon black in “good” condition)$205$253
iPhone 6s Plus (16GB Verizon space gray in “good” condition)$132$210
iPhone 6s (16GB Verizon space gray in “good” condition)$112$134
Galaxy S9 (64GB Verizon black in “good” condition”Not eligible for quick sale$425
Galaxy S8 (64GB Verizon black in “good” condition)$233$271
Samsung Galaxy S7 Edge (32GB Verizon black in “good” condition)$147$158
Samsung Galaxy S7 (32GB Verizon black in “good” condition)$93$141

As you can see, Ebay Quick Sale paid less than dedicated buyback companies for each of the phones we compared – an average of 14 percent less.

Thus, though Ebay Quick Sale appears to offer decent payouts, it’s not the best deal.

Should you sell your phone via Ebay’s Guaranteed Price or Quick Sale programs? Only once you’ve compared your options. In many cases, you can get more money, faster, and with a guaranteed sale by comparing trade-in offers on Flipsy.com.

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