Whether you are an Apple fan or not, by now you will have heard rumours about the launch of the new iPhone. There is no concrete evidence on whether this will be called the iPhone 5, or the New iPhone yet.

A similar occurrence which surrounded the Apple iPad 3  which turned out to become “The New iPad”, but what we do know  is that there is a conference on 12th of September to announce the release. So we expect it to hit the markets sometime after (usually 1-2 weeks).

This does mean that the prices of older versions of the phone will start to depreciate in value over the next month or so. We have seen this in the past with the iPhone 4 and iPhone 3GS, but is it really time to hit the panic button and sell?

The best advice is to keep an eye on the prices each day and see if there is a noticeable change, using a price checking service or a price comparison.

However if you want to sell iPhone’s new or old now, then here are a few places that may be of interest to you:

eBay.co.uk – One of the UK’s favourite auction sites which allows you to create an advert, and let bidding on your item commence. However, bare in mind that there is a risk of getting less than you bargained for using the auction, and take into account the insertion and final value fees.

SellMyMobile.com – The leading UK mobile phone recycling price comparison site whereby you search for your phone and get all the prices that are offered by leading UK recyclers. Pros include: no insertion or final value fees, a quick sale there and then (no advert to create), and the possibility of quick payment.

Amazon.co.uk – Another favourite, the marketplace that attracts million of customers giving your phone a lot of exposure. The only downfall to this marketplace is that your item may take weeks or months to sell, and when it does sell the fees are substantial. The positives are that you can set the price you want.

At the end of the day there are a number of places where you can sell your phone, and it’s all about getting the best price and the best service. When you decide to sell your iPhone please use this only as a guide, as it is entirely up to you, where and when you sell.