I am typing from a new iPhone 6 after selling off my iPhone 5s for what I thought was a fair price of 17k! The phone is in relatively good condition and its life has been roughly greater than 2 years. With iPhone 6 and 6s ahead of it, I thought holding it for more time would only have it value reduced. A price of 17k was indeed a surprise to me as I had offered for 16k to one of my co workers who denied the same. Good that he did!
Anyways the Sunday evening was very productive and I am really happy now that the transaction was smooth and hassle free!!