Two-year-old iPhones are still sold for a good price. If you are banking on the resale of your phone to finance the purchase of a new model,...
Two-year-old iPhones are still sold for a good price.
If you are banking on the resale of your phone to finance the purchase of a new model, it might be more interesting to acquire a smartphone from a brand that still has some weight on the second-hand market.
Many consumers rely on the resale of their old smartphone to partially finance the purchase of a new model. A strategy that could influence the choice of new smartphone because, on the second-hand market, not all phones are the same. At any rate, this is the conclusion reached by SellCell, an American company specialising in second-hand smartphones, during its study.
In general, smartphones with Android would lose a lot of their value in two years. Samsung's high-end models would lose 75% of their value on the second-hand market, which is still in the average range, while LG's flagship models would lose 90%.
To determine the evolution of the value of used smartphones, SellCell has detailed the evolution of the price of a new phone when it is released until it is taken over two years later as a used phone. The American company was mainly interested in phones from Apple, Samsung, Google and LG.
The iPhone remains out of control
iPhone are the big winners in terms of market value on the second-hand market. An iPhone XR would lose only 53.9% of its value in two years, while the iPhone XS Max would depreciate by 57%.
The iPhone's main competitors, Samsung's Galaxy, would not do as well on the second-hand market and would lose nearly three-quarters of its value in two years. Thus, the Galaxy Note would lose nearly 72.4% of its value, while the Galaxy S9 would lose 77%.
But the models with the least second-hand value are Google's and LG's models. In two years, the Pixel 3 loses 80% of its initial price. The value of the LG G7 ThinQ would fall by 90% over the same period.