Does the iPhone lose more value after it's first year or second year?

Discussion in 'Buying Tips and Advice' started by Reminisce32, Sep 25, 2014.

  1. Reminisce32 macrumors regular

    Reminisce32

    Joined:
    Mar 13, 2009
    #1
    Now that I'm purchasing iPhones without a contract, I'm wondering if I should still wait every two years to upgrade or just upgrade after one. I'm most interested in selling the phone after the year where it loses the least amount of resale value within two years of release.

    Thoughts or experiences?
     
  2. mad3inch1na macrumors 6502a

    Joined:
    Oct 21, 2013
    #2
    As with most items, it loses the greatest dollar amount in the first year.
     
  3. duncanapple macrumors 6502

    Joined:
    Jun 12, 2008
    #3
    From my purely anecdotal experience (selling 10 or so iPhones of my own and my wives since the original) they seem to loose the most in the first year.

    Speaking just about the lowest capacity $650 (unsubsidized price) phone, they tend to sell for $350 (give or take $20 for condition) after a year, or a $300 loss from new. After year two you could maybe squeak out $200 or so; a $150 loss in year two.

    All this assumes craigslist private sales (not using gazelle or the like who will resell) and a phone in good to great condition, has its boxes/cords/etc. I am also ignoring carrier subsidies as they obfuscate the true value. In fact the main reason I upgrade each year is because I can do so at almost no additional cost ($100 or less) when accounting for the subsidy.

    So the answer is very much "it depends" when talking resale. YMMV
     

Share This Page