[ad_1]
While most don’t buy the latest iPhone every year, some certainly do. And for those considering the new iPhone 13 this fall, the SellCell online marketplace has good news: the iPhone 12’s resale value appears to be depreciating more slowly than its predecessor.
In its first six months on sale, the iPhone 11 family of phones lost 43.8% of its original value, the site reports. Over the same period, however, iPhone 12 smartphones lost an average of 34.5%
This figure is also compounded by the unpopular iPhone 12 mini. According to data from SellCell, the 5.4-inch mini lost 41% of its value after six months, while the iPhone 12 Pro Max was only down 28.9%.
If you have the next iPhone 13 at heart, the key question is when you should be looking to sell last year’s handset. If the iPhone 11 data has anything to do with it, then the sweet spot seems to be the nine-month mark. Since the iPhone 12 was released on October 23, 2020, that basically means now.
As you can see in the table above, the iPhone 11’s resale value has fallen sharply at the 12-month mark, which is around the time of the iPhone 12’s arrival (thanks to a delay based on Covid, it happened in October rather than Apple’s traditional September event, but close enough that the correlation likely means causation in this case).
If you miss this sweet spot, it looks like the value of the iPhone is deteriorating quite slowly after that initial shock from the new handset, and you can still get a decent price for your iPhone 11 handset even 21 months after its release.
If you’re an iPhone owner who finds any kind of depreciation in value a little depressing, take comfort in the fact that it could be a lot worse. Another analysis from SellCell revealed that the Samsung Galaxy S21, one of the best Android phones, is losing its resale value much faster than the iPhone 12.
Apple seems confident the iPhone 13 will sell well, with a report indicating that the company plans to build 20% more units than at this time last year, pending a possible resurgence of Covid.
The iPhone 13, based on rumors, is expected to offer a faster A15 Bionic processor, improved 5G, bigger batteries, a smaller notch, possible Touch ID support, and a number of upgrades. camera, including portrait video mode. But the iPhone 13 Pro phones could steal the show with rumored 120Hz ProMotion displays.
[ad_2]
Source link