iPhone X Holds Trade-in Value of 68%; Leaves Competition Far Behind

iPhone X has a better trade-in value of 68% than other iPhones and smartphones available in the market. It is just a week left for the announcement of new iPhones and this figure clearly shows iPhones' supremacy over other phones.

Time and again iPhones prove their value, not only regarding performance but also in terms of money users get when they trade in their iPhones.

Apple’s last release was iPhone X, and this year, its trade-in value stands at a staggering 68%, leaving every all other smartphones far behind.

Sponsored Links

Trade-in Value of iPhone X Leaves Other Smartphones Far Behind

According to a report published by liquidation specialist B-Stock in July, the average resale value of an iPhone X was 85% of the retail price. This was a record for an iPhone at that point in the sales cycle.

It is now just a week left for the announcement of new iPhones from Apple, and iPhone X still holds the trade-in value of 68%. The report notes that Samsung’s flagship phones have painted an opposite picture completely.

Even as many reports claim that Apple is likely to sell its iPhone XS or Xs at cheaper rates (starting from $800), people are willing to pay 68% of the retail value of iPhone X, which is now almost a year old.

Apart from iPhone X, other iPhones also hold better trade-in value than other Android phones. iPhone X has depreciated 32%, iPhone 8 45% and iPhone 7 44%. Surprisingly, Samsung Galaxy S9+ is now available at half of its original value five months after its launch.

Sponsored Links

Notably, other Samsung phones have shown weak trade-in value and depreciated by between 58% and 59%.

Look at the comparison of smartphones that have lost their value in the first year.

2018 Smartphone Trade-in Value Comparision

As mentioned above, iPhone X has depreciated the least, and in the stark contrast, HTC Desire 820 has depreciated the most by 95% in the first year.

Sponsored Links

Summing up…

When the company announces its new models, it certainly affects the prices of older phones. Since Apple manufactures high-quality hardware and software, its iPhones maintain better trade-in value than other smartphones available in the market.

You may like to explore more news:

Would you like to upgrade to the 2018 iPhones? Share your feedback with us on Facebook, Twitter, and Google Plus. Also, make sure to download our app to read more exciting stories on your iOS devices.

Sponsored Links
Jignesh Padhiyarhttps://www.igeeksblog.com
Jignesh Padhiyar is the co-founder of iGeeksBlog.com who has a keen eye for news, rumors and all the unusual stuff that happens around Apple products. During his tight schedule, Jignesh finds some moments of respite to share side-splitting contents on social media.
- Advertisment -

Latest Articles

Best iPad Mini 5 Screen Guards of 2019: Provide A Glass Screen Shield to Your Mini Tablet

Apple has silently launched its iPad mini 5 by adding more might to the small device. This will undoubtedly increase its uptake in the...

Merge and Edit Multiple Videos at One Go: VideoProc Video Editor for Mac and Windows

Social media trends have taken the world by the storm. In the early days, social media was mostly about text and images. But with...

Best 10.5-inch iPad Air Keyboard Cases of 2019: Elegant Assets for Your iPad

Apple's iPad Air 3 has finally seen the light of the day after a long wait. Even though the tablet doesn't boast eye-catching specs,...

How to Password Protect a Folder on Mac

Private files with sensitive information deserve an extra layer of safeguard. Of course, you can argue that your personal information has enough shield on...