Get Your Free iPhone 11 Pricing Guide

Why iPhone 11 Pricing Still Matters in 2024

The iPhone 11 launched in September 2019 at a starting price of $699. Today, five years later, understanding how iPhone 11 pricing works remains relevant for people shopping secondhand, trading in older devices, or exploring budget-friendly smartphone options. Even though Apple has released newer models, the iPhone 11 continues to function as a solid mid-range device in the used market.

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Pricing for the iPhone 11 varies dramatically depending on where you look. A brand-new iPhone 11 is no longer sold through Apple's official channels, but refurbished and used models appear across carrier websites, Best Buy, Amazon Marketplace, eBay, and local retailers. You'll see price ranges from around $200 for devices with cosmetic damage up to $450 for pristine condition units with original packaging.

Carriers like Verizon, AT&T, and T-Mobile occasionally stock refurbished iPhone 11 units and price them between $300 and $400 when bundled with service plans. The actual price you encounter depends on several factors: device condition, storage capacity, color, whether it includes original accessories, and which retailer is selling it. Understanding these variables helps you recognize fair pricing versus inflated costs.

This guide walks through the different pricing structures you'll encounter, storage options and how they affect cost, carrier-specific pricing models, and what condition grades mean for your wallet. Knowing this information before you shop prevents overpaying and helps you spot genuine deals.

Practical takeaway: Before comparing iPhone 11 prices across retailers, determine which storage capacity you need and what condition level you're comfortable with. These two factors will narrow your search significantly and help you compare apples-to-apples pricing.

Understanding Storage Capacity and Price Tiers

The iPhone 11 was originally sold in three storage capacities: 64GB, 128GB, and 256GB. Storage capacity is one of the biggest price drivers in the used iPhone market. A 64GB model typically costs $50 to $100 less than the equivalent 128GB version, even when everything else is identical. The 256GB variant commands the highest price, sometimes $100 to $150 more than the base model.

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For most people, 64GB feels tight. It leaves roughly 50GB available after the operating system takes its share, which means you can store maybe 10,000 to 12,000 photos, or about 25 to 30 apps, or a modest music library. Add photos, videos, and several apps together, and you'll quickly run out of space. Many users find themselves deleting photos or purchasing iCloud storage to compensate.

The 128GB model offers a middle ground that works well for regular users. You get roughly 100GB of usable storage, which accommodates a typical app collection, thousands of photos, some video, and music. This capacity level typically feels comfortable for someone who takes photos regularly but doesn't record much video or maintain massive downloaded music libraries.

256GB becomes valuable if you shoot lots of video, maintain large photo libraries, or work with creative apps that store substantial files locally. Professional photographers or videographers often prefer this capacity. In the secondhand market, 256GB iPhone 11s are less common, which sometimes pushes prices higher due to limited supply.

When shopping, consider your actual usage patterns. If you primarily browse, text, and use social media, 64GB might work if you're disciplined. If you photograph frequently or travel, 128GB is the safer choice. Video enthusiasts or content creators should look for 256GB models despite the higher price.

Practical takeaway: Visit your current phone's storage settings and check how much space you're actually using. Then add 20 percent as a buffer, and that tells you the minimum capacity you should purchase in an iPhone 11. Buying too small creates frustration; buying larger than needed wastes money.

New vs. Refurbished vs. Used: What Each Pricing Tier Means

The iPhone 11 market divides into three condition categories, each with different pricing and what you're purchasing. Understanding these distinctions prevents confusion and helps you make informed cost decisions.

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New or Sealed (Rare): Occasionally, unopened iPhone 11 inventory surfaces from carrier warehouses or distributor overstock. These command prices at or above the original $699 launch price, sometimes reaching $750 to $800. These are extremely rare in 2024. If you find a sealed iPhone 11 for under $600, verify authenticity carefully because scams exist in this category.

Refurbished: Refurbished iPhones have been returned to a manufacturer or authorized refurbisher, inspected, repaired if needed, and reset to factory settings. They come with a refurbishment warranty (often 90 days to one year) and are usually sold through official channels like Apple, carrier websites, or certified refurbishment programs. Refurbished iPhone 11s typically cost $300 to $420 depending on storage and condition grade. The refurbishment grading system varies by retailer but generally includes "Grade A" (like-new, minimal scratches), "Grade B" (light wear, fully functional), or "Grade C" (moderate wear, fully functional). Grade A refurbished models command higher prices but offer greater peace of mind.

Used: Used iPhones are sold by individual sellers, secondhand retailers, or marketplaces. Prices vary wildly based on actual condition, which you must verify through photos or in-person inspection. Used iPhone 11s range from $180 (heavily damaged, possible technical issues) to $400 (excellent condition). Used purchases offer no warranty unless the seller provides one, and you bear responsibility for any hidden problems.

Carrier buyback programs occupy a middle ground. Verizon, AT&T, and T-Mobile accept trade-ins and occasionally sell off refurbished devices through their websites at prices between refurbished and used tiers, typically $320 to $400. These devices have been professionally evaluated and usually come with limited warranties.

Practical takeaway: If budget is tight, used works if you can inspect the device in person or use a platform with strong buyer protection. If you need certainty and warranty coverage, invest in refurbished through official channels. The extra $100 to $150 buys peace of mind.

Carrier-Specific Pricing and Trade-In Programs

The four major carriers—Verizon, AT&T, T-Mobile, and U.S. Cellular—each maintain different iPhone 11 pricing and trade-in policies. Understanding these differences can reveal cost savings, especially if you're trading in an older device.

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Verizon: Verizon's website typically stocks refurbished iPhone 11s (primarily 128GB models) at $349 to $399. Verizon's trade-in program values iPhone 11s at $150 to $200 depending on condition. If you own an iPhone 8 or 9, you might receive $100 to $150 trade-in credit, making an iPhone 11 upgrade cost around $200 to $250. Verizon occasionally runs promotions offering "free iPhone 11" with activation, which actually means bill credits spread across 24 to 36 months. Reading the fine print matters—you must maintain service during the entire credit period or lose remaining credits.

AT&T: AT&T's refurbished iPhone 11 inventory and pricing mirrors Verizon closely, with devices priced around $350 to $399. AT&T's trade-in values run slightly lower than Verizon's, typically $130 to $180 for an iPhone 11 in good condition. AT&T runs similar promotion structures to Verizon, using bill credits for subsidized devices rather than upfront discounts.

T-Mobile: T-Mobile's approach differs slightly. T-Mobile prices refurbished iPhone 11s at $329 to $379 and trades in devices at $140 to $200. T-Mobile emphasizes "bring your own device" options more heavily than competitors, meaning they price their devices slightly higher while offering better trade-in values to incentivize switching. T-Mobile also runs device-payment plans where you can finance the purchase over 24 months