My used phone is still worth what I paid for it, on eBay Instant Sale this week, at least.
Screenshot by Eric Mack/CNET)
The housing market may never get back to where it was in the boom years, but even if you can't flip your condo it could be possible to flip your phone this month with some help from eBay.
eBay's Instant Sale site is offering some pretty big bucks for used flagship smartphones through the end of June, a promotion timed to coincide with the launch of the Samsung Galaxy S III later this week. For example, an iPhone 4 with 32GB in working condition could be worth as much as $300 -- that's $100 more than competing buyback site Gazelle is currently offering.
eBay is showing love to existing Android phone owners, too, with a used Galaxy S II fetching up to $220 and a Droid Razr Maxx worth as much as $250. If you're able to work it so you can get a subsidized price on your Samsung Galaxy S III, you could end up upgrading for a net cost of zero, or even make some money on the deal.
Here's some more example trade-in offers that eBay sent along:
Apple iPhone 4 8GB: up to $230
Blackberry 9800 Torch: up to $145
Blackberry 9900 Bol... [Read more]