Following a class-action lawsuit, former owners of Apple iPhone 7 and iPhone 7 Plus are beginning to receive payouts.
Why can I get so much for this 3-year-old phone? Right now on eBay a used iPhone 7 goes for around $150 to sometimes over $200. But a Galaxy S7, which also came out in 2016, sells for under $100.
Business Insider's scan of platforms like eBay and Facebook Marketplace showed hundreds of listings touting phones with TikTok and CapCut installed.
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People are hawking used iPhones with TikTok pre-installed at astronomical prices on eBay ...some sellers are also trying to let go of older models like the iPhone 7. One eBay listing put up a used iPhone 7 for sale for $3,000. And it isn't just the volume of listings that's notable ...
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