So... people are paying alot for used iphones? why is that?

[potatochobit]

So I am thinking maybe I should switch to verizon?
but that would make my 3GS useless and my only option would be to unlock or sell, right?
I searched on ebay and these things are selling for 300$????
does that sound right? what are people doing with these things?
I mean you can get a new one for 49$? but that includes a contract. is a contract so bad?

[derFunkenstein]

Yeah, that sounds right. They're like $500 new without a contract.