If you’re the sort of person who sells your old handset, then the iPhone might be the best choice for you. According to data by Priceonomics, the iPhone holds its value over time better than Android or Blackberry handsets.
Priceonomics examined all iPhone model, along with 70 most popular Androids and 30 most popular BlackBerry models. Each was split into five different categories (newly released, 1, 2, 3, and 4 year-old phones) and then this data used to find out which phone had the best resale value.
The results are exactly what you’d expect of the car market:
The highest quality phones should have the best resale values over time and crappier phones should depreciate the fastest.
The data shows this to be true:
Data by Priceonomics
This means that after using your iPhone for 18 months, it still retains a whopping 53% of its value, compared to 42% for Android handsets, and 41% for BlackBerry handsets. That means that your old iPhone has a possible cash value of $312 if you decided to sell it. Even a four-year-old first-generation iPhone could be worth $115.
Handsets don’t depreciate linearly, either.
Data by Priceonomics
It’s interesting to note how the iPhone holds its value better over the first 6 months compared to the competition.
Anyone sold an old handset lately? How much did you get for it?