
The iPhone 8 was a game-changer when it was released in 2017. It was the first iPhone to feature wireless charging and a new glass design.
The cost of an iPhone 8 varied depending on the storage capacity and condition. For a brand new iPhone 8 with 64GB of storage, the price was around $699.
You could also find deals on refurbished or used iPhone 8 models, which were significantly cheaper. However, be sure to check the warranty and condition before making a purchase.
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Pricing and Costs
The iPhone 8 can be a bit pricey, especially if you're looking to buy it outright. The retail price of the iPhone 8 started at $699 for the base model.
If you're looking for a cheaper option, consider buying a refurbished iPhone 8. Sprint has refurbished iPhone 8 (64GB) phones for as low as $4.13/month or $99 outright, making it the cheapest iPhone 8 price you'll find.
The cost of making an iPhone 8 is estimated to be around $254.87, which is a significant difference from the retail price. The difference between material cost and retail price was 36.06%, and the projected markup excluding business & manufacturing cost was 174.26%.
The resale value of an iPhone 8 varies depending on the storage size, condition, carrier, and payment method. According to the resale market prices, the 64GB iPhone 8 can sell for anywhere from $18 to $60, depending on the merchant.
Here's a breakdown of the resale market prices for the iPhone 8:
Keep in mind that prices can drop quickly, especially after the new iPhone models are announced. In fact, an iPhone can lose up to 26.67% of its value within a year, with some models losing up to $218 in value within 12 weeks.
iPhone 8 Pricing Variations
The iPhone 8 pricing varies greatly depending on the carrier and storage size.

You can get a refurbished iPhone 8 (64GB) from Sprint for as low as $4.13/month or $99 outright, making it the cheapest iPhone 8 price you'll find.
T-Mobile has stock of the iPhone 8, but at a higher price of $16.67/month or $399 outright. This is still relatively expensive, especially considering the iPhone SE costs the same at T-Mobile.
AT&T and Verizon only have refurbished iPhone 8 models, with the 256GB model costing $21.25/month or $637.49 outright at AT&T and $17.79/month or $426.99 outright at Verizon.
Best Buy has limited stock of the refurbished iPhone 8, but it's not the best deal, with a price of $48.34/month or $289.99 outright.
If you're looking to buy an iPhone 8 outright, you can find the cheapest price at Sprint, which is $99.
Here's a comparison of the prices for a refurbished iPhone 8 (64GB) from different carriers:
Used iPhone 8 Prices
The used iPhone 8 prices vary depending on several factors, including storage size, condition, and carrier lock. The average value of a used iPhone 8 is between $18.00 and $68.00, while a used iPhone 8 Plus is worth anywhere between $38.00 and $131.00.
You can sell your iPhone 8 for a decent price, but it depends on the storage size. For example, a 64GB iPhone 8 can sell for around $18.00 to $60.00, while a 256GB model can fetch up to $70.00.
Some merchants offer better prices than others. For instance, Sell Locked offers $60.00 for a 64GB iPhone 8, while BuyBack Boss pays $46.00 for the same model.
The condition of your iPhone also affects its resale value. If your phone is in mint condition, you can expect a higher price than if it's cracked or has internal faults.
Carrier lock can also impact the price you get for your iPhone. If your phone is locked to a carrier's network, you may get a lower price than if it's unlocked.
Here's a rough estimate of the prices you can expect for a used iPhone 8 based on storage size:
Keep in mind that prices can fluctuate depending on the merchant and the condition of your phone. It's always a good idea to compare prices from multiple sources to get the best deal.
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