The iPhones seem to retain their value after their first purchase, as they remain much more expensive than a similar used Android phone.
If you do not want to pay a thousand dollars to a new iPhone XS and you hope to buy a cheaply used iPhone, you probably will not be lucky. As revealed by a recent study, the resale value of iPhones remains the largest in the smartphone market.
The bankMyCell data, a site that specializes in purchase of used electronic devices, show that a new iPhone X, costing $ 999 when purchased brand new, resold nine months later for $ 690. This means that the value of the iPhone fell by 30,93%.
In addition, the Galaxy S9, which was its flagship Samsung and which sold for $720 brand new, could be bought used nine months later for only $290. That means it lost almost 60%.
The analysis shows that iPhones typically drop the most when new ones are released models. The data also shows that "Galaxy S phones are probably the worst investment" as they lose value quickly after purchase.
The models with the lowest resale value and therefore with the greatest depreciation by users are Sony Xperia Z3 + (-57.78%), iPhone 5S (-51.67%) and iPhone 6 Plus (-51.00%).
