8 clever ways you can make good use of your old iPhone

Apple's new iPhone is on its way, which means it's time to start thinking about what to do with your old iPhone once you upgrade.

Sure you can sell it or trade it in, but considering there are so many different payment options these days to get the latest iPhone, you may want to try something else with your old device.

From transforming it into a tracking device to a security system, there's a number of ways to breathe new life into your old smartphone.

Here's a look at a few of our favorite ways to put an iPhone 5 or iPhone 6 to use.