Does Apple’s resale value make iPhone deals the obvious choice?
When it comes to selling your phone, you don’t want to lose out on its value
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Applehas a lot going for it as a brand. A greatoperating system, some of the market’s most powerful processors, stylish designs, and a host of other features…but Apple’s resale value is a factor that is rarely considered.
And yet, this is one of the best factors of buying a new iPhone, with alliPhone dealsretaining their value far better than any other phone providers on the market these days.
That means when you finally get around to selling off your handset and buying a new one (if you’ve managed to keep it in one piece of course), an Apple handset will reward you with a much better return.
Apple’s value over time:
A study by the UK retailerMusicMagpiefound that on average over a 12 month period, an Apple handset lost 43% of its value. While that sounds high, it put iPhones miles ahead of the competition.
Samsungand OnePlus came in with 64%,Googlewith 67%, and Huawei at 74%. In fact, Apple lost less value over a two-year period than any of the Android handsets did in a two-year range!
Of course, these figures aren’t going to perfectly sum up the state of affairs in the US, especially considering Huawei isn’t sold in the States! However, when looking at US trade-in schemes and previous research, Apple once again seems to come out on top.
This isn’t even a relatively new idea. Apple has come out as the best brand for resale value for years, offering great money back on the devices before the iPhone 8 had even been released.
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But why does this matter?
In the grand scheme of factors to consider when buying a new phone, this seems pretty minuscule. And yet, when you come to sell your phone and you find yourself offered almost half of your money back, it will be one you’ll be thankful for.
This by no means diminishes the benefits of an Android phone. There’s more choice, they’re often cheaper, more customisable and for a lot of people, will have a more satisfying operating system…you just won’t get the best return at the end of its life.
Alex is a journalist who has written extensively about all things broadband, SIMs and phone contracts, as well as scouring the internet to land you the best prices on the very latest in gadgets and tech. Whether that be with the latest iPhones and Android handsets, breaking down how broadband works or revealing the cheapest SIM plans, he’s in the know, and will help you land a bargain.
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