Every year Apple announces a brand-new iPhone and fans stay up late hitting the refresh button on their web browser to be amongst the first to get an order in. While lots of people find a new set of bells and whistles worthwhile, bargain shoppers may find the lower prices of Apple’s previous-generation iPhone models a bit more appealing. And as a bonus for those choosing to shop the gently used market — you won’t have to sit around hitting the refresh button, and you’ll be rewarded with better prices.
Keep reading to learn more about the price drop history, and discover how much the iPhone 7 is worth. Or, check out our iPhone Buyer’s Guide if you are unsure of which iPhone you want to buy as your upgrade.
Apple iPhone 7 price drop history
Anyone who’s been looking to buy a cheap iPhone that won’t break the bank, the iPhone 7 is a great low-cost option. Apple originally released the iPhone 7 in September 2016, and it was priced from $649. The iPhone 7 was the first iPhone to drop the 3.5mm headphone jack, and it was also the first to have an IP rating for dust and water resistance. You’ll also get a small form factor iPhone with a home button, which means you will get to use Touch ID for device security instead of Face ID. The iPhone 7 may be closing in on five years old, but it is still a capable phone in 2021, and you can get a cheap iPhone 7 from Swappa, the safest marketplace for used tech.
| July 2021 | August 2021 | September 2021 | October 2021 | November 2021 | December 2021 | |
| iPhone 7 (32GB) | $121 | $118 | $110 | $108 | $108 | $109 |
| iPhone 7 (128GB) | $142 | $144 | $139 | $135 | $132 | $132 |
| iPhone 7 (256GB) | $168 | $167 | $185 | $173 | $162 | $175 |
When is the best time to buy an iPhone 7?
Normally, the best time to buy a new iPhone is after a new model is announced in September. But seeing as how the iPhone 7 is no longer being sold directly by Apple, you’ll need to look towards the gently used market. Essentially, this means the best time to buy an iPhone 7 is right now. In fact, there really is no bad time to buy an iPhone 7 on Swappa. This is because prices are almost always falling. This can happen a little slower thanks to the iPhone’s lower depreciation rate, but one thing is inevitable: prices will fall.
See also:
- iPhone 7 vs iPhone 8: Which is a better buy?
- Is the iPhone 7 worth buying in 2022?
- iPhone 7 overview
No matter which iPhone you have your eye on, Swappa is the perfect place to find the best deals on all models, including the iPhone 7. With so many variants of the iPhone 7 coming in just about every model to fit your budget, we’re sure you’ll find something you love. Simply tap the green button below to find the best and cheapest iPhone 7 deals in the Swappa marketplace.
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