The new generation iPhone 15 series will be launched in September. Since Apple has always lowered the price of the previous generation mobile phone (iPhone 14), the price of second-hand iPhones usually drops significantly before the new model is released. US second-hand mobile phone manufacturersSellcellPosted an article to remind you of the best time to sell used iPhones, as you may lose up to 65% of their value. Although it is natural that the residual value of old mobile phones will continue to decline over time, due to inflation and Apple’s mobile phone model launch strategy in recent years, it is not necessarily a completely smart thing to rush to sell second-hand mobile phones before the new iPhone is released.
What is the best time to sell second-hand iPhones as reminded by second-hand mobile phone company Sellcell? Which models are prone to plummeting, and which second-hand models are better able to avoid the huge drop caused by the launch of new models? The following is an explanation and analysis:
1. What is the best time to sell a used iPhone as suggested by Sellcell?
Organized according to SellcelliPhone replacement market data in 2021 and 2022, Sellcell found that after the new phone is launched, the value of the previous generation and the first two generations of second-hand phones will suffer a loss of up to 65%.Sellcell believes that August 19th to 26th (within 28 days before the release of new models) is the best time to sell older second-generation iPhones, the data analysis instructions are as follows:
A. The maximum price drop for replacement of two generations of models before 2022 is 65%:
In 2022, the iPhone 12 or 13 series lost up to $261 between August 19 and September 16, with the iPhone 12 Mini 256GB depreciating 65% from the MSRP. All mobile phones suffered further losses from September to November after the launch of the new phone, with only the iPhone 13 512GB recovering slightly by US$10.00.
B. The maximum price reduction for old-to-new models of the two generations before 2021 is 60%:
In 2021, the iPhone 11 and 12 series lost up to $189 in value between August 26 and September 23, the 28 days before iPhone 13 was released; a 60% depreciation from the MSRP. In the eight weeks following the release of the iPhone 13, the value of all phones continued to decline, although in some cases there was a slight recovery between September and November 2021.
C. The trade-in price of iPhone 8 or iPhone X is expected to fall faster:
Since the iOS 17 upgrade is not available for iPhone 8, iPhone 8 Plus, and iPhone X, if you plan to trade in an iPhone 8 series or iPhone X, you need to do it quickly, because once the new iOS 17 arrives, these phones will be obsolete.
2. Which types of second-hand mobile phones are better able to avoid the huge decline caused by the launch of new phones?
It is common sense that the residual value of second-hand mobile phones will continue to decline over time, but it is an indisputable fact that one month before the launch of a new iPhone each year, the value of the old two-generation phones will plummet. However, according to Sellcell’s statistics, it can be found that the sharp price drop is related to Apple’s original price reduction models or models that are not supported by the new iOS. Therefore, some models are relatively more resistant to falling prices:
A. The decline rate of high-capacity models of the first two generations of old machines is relatively low:
Because Apple has recently taken off the shelves of previous-generation high-capacity iPhone models or high-end spec (Pro Max) models and reduced prices for 256GB models, high-capacity old models will be reluctant to sell as new models increase in price. Prices sometimes rebound after plummeting, and the decline is relatively low.
B. The decline of iPhone11 series/iPhone XR/iPhone XS/iPhone XS Max should be limited:
Since there are still many people around the world who prefer or can only use 4G, the iPhone11 series/iPhone
Source: KOCPC Chinese