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Fair Market Value calculations - Iphone 8 64GB 2018 model

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We are wanting to keep our phone at the end of our 24mth contract. So now we are trying to work out what the 'Fair Market Value' calculations for the Iphone 8, 64GB, 2018 model, might be. Does anyone know how Telstra calculated this please?

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Level 25: The Singularity
Level 25: The Singularity
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Re: Fair Market Value calculations - Iphone 8 64GB 2018 model

That is a mystical calculation only known to Telstra (and their 3rd party reseller). I usually go by roughly a third to half of the original sale value of the phone ($350 to $500 for an iPhone 8 64GB).

Never be afraid to back yourself when trying new things, just always make sure you have 3 escape routes if things go wrong.

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Level 25: The Singularity
Level 25: The Singularity
Accepted Solution

Re: Fair Market Value calculations - Iphone 8 64GB 2018 model

That is a mystical calculation only known to Telstra (and their 3rd party reseller). I usually go by roughly a third to half of the original sale value of the phone ($350 to $500 for an iPhone 8 64GB).

Never be afraid to back yourself when trying new things, just always make sure you have 3 escape routes if things go wrong.

View solution in original post

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