iPhone 11 Pro Running the upgrade program numbers on these new 11s

[olindacat]

I'm not seeing a thread on this, but am sure there is one, so sorry for the repetitive thread, but with the 11 Pro Max starting at $1099, plus $199 for AppleCare, I wonder if anyone good with numbers has run the numbers on whether or not there are diminishing returns for being vs what I think is effectively leasing? Seems like the phones depreciate and after three years you are with a phone that is pretty much ready for a replacement anyway. Just checking in to hear some thoughts.

 

[GetSwole37]

The worse deal is upgrading after one year. Unless you sell to someone else and then pay off loan, you lose 50% of value. The xs was $999 and trade is is $500. The equivalent to this model would be the X. That trade in value is $400. Thats 60% decline.

the XS should be worth $600–650.

it’s probably one of the reasons why I may stick with my X. My X now is worth $400 trade in. Next year will be $200. Which sucks. But I rather save $1000 this year and wait. I’m still really debating the purchase.