Tech reseller shows iPhones keep most of their value after a year

Tech reseller shows iPhones keep most of their value after a year
The top performer will likely get a hit in its value once the 2018 models are announced

People who like to switch to newer smartphones, long before the life of their old device has ended, usually sell their device to partially fund the new one. So, it’s important to know how much you can get for your smartphone, if you choose to part with it. MusicMacpie, a British company in the smartphone resell business, has looked into the matter and came out with some interesting results.

According to its data, when it comes to brands, Apple smartphones perform best, by losing an average of 45% of their value after 12 months. Samsung phones come second with 62% and Google, LG, Huawei and HTC are closely together with between 80 and 85% value lost a year after release. From all the examined brands, OnePlus phones are losing the most value in 12 months: 97% on average, a somewhat shocking result.

Tech reseller shows iPhones keep most of their value after a year

When it comes to individual models, the iPhone X is the leader of the pack, losing only 32% of its value since release. The next three spots are also taken by iPhones, hovering around 44% loss, followed by Samsung’s Galaxy S8 at 58%. Among the worst performers are HTC and Huawei models.

Tech reseller shows iPhones keep most of their value after a year


The company doesn’t give any information on the specific data that was used to get these results, but we assume it’s looking at what it paid to buyout the devices from their owners, considering you can’t go and buy a Pixel 2 XL for a quarter of its original price. Companies like musicMagpie usually buy used smartphones at lower prices than what you can get on eBay, for example, which might make these results seem skewed. However, people often use similar services, because it spares them the hassle of listing their own ad and everything that comes with it.

Still, the results give a general idea about which brands retain most of their value, so next time you’re having a dilemma between two otherwise similar phones, keep that in mind.

source: musicMagpie via BGR

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35 Comments

1. NateDiaz

Posts: 1082; Member since: Mar 03, 2018

Lol at OnePlus. *bUdGeT fLaGsHiP*

3. Vokilam

Posts: 1028; Member since: Mar 15, 2018

I just had a debate with someone regarding one+ brand. I have never used it, but dropping value like that must suck.

6. yalokiy

Posts: 882; Member since: Aug 01, 2016

Obviously, this report is total nonsense.

9. RebelwithoutaClue

Posts: 5485; Member since: Apr 05, 2013

Of course, most of this report is bullcrap. A Oneplus 5 is over a year old, was sold for roughly 500 euro back then and according to this report would be worth only 15 euro (97% off). Yet if I look at the local trading site, they are for sale between 300 and 400 euro. funny subnote as well, data recorded over 11 months lol

16. bucknassty

Posts: 1293; Member since: Mar 24, 2017

i think what they are saying, is what you would get as trade in value or some amount a big resale company would give you... they are way less than just selling it to someone yourself, it's pretty comical even for iphones

18. RebelwithoutaClue

Posts: 5485; Member since: Apr 05, 2013

Even so, 97% off is ridiculous. No sane person would sell to a resale company for 97% off. I know iPhone keep their worth more than other brands, but this difference is plain old bull.

29. bucknassty

Posts: 1293; Member since: Mar 24, 2017

oh i dont disagree with you... but have you seen one of those cell phone recycle places that you just drop your phone in a machine? the amount they offer you is laughable!

37. Leo_MC

Posts: 6380; Member since: Dec 02, 2011

I would like to buy 100 iPhone 8 (in mint condition), if this site stands by its figures and sells them to me for 350€. With those prices, I'm changing my business and become a reseller; at those prices, I'm pretty sure I'll be the only one in Europe to sell second hand devices.

28. Atechguy0

Posts: 918; Member since: Aug 03, 2018

This is total BS because if you go through the actual sale process for the iPhone X it will only give you $550 back for an iPhone X. Therefore it's a 45% loss for the iPhone X and not 32%. All credibility is lost with that site.

38. Leo_MC

Posts: 6380; Member since: Dec 02, 2011

Where do you live, dude? I give you 600$/every single X - in prefect condition; I'll take 100.

39. Atechguy0

Posts: 918; Member since: Aug 03, 2018

Leo_MC do you hear yourself? So in other words if you give me $600, then I lose 40%. Where as this article makes it look like you only lose 32% with that site. So they are saying you get back $680, but this site only gives you back $550, which is a 45% loss. So you will buy every iPhone X back Leo_MC? Yeah, right.

14. baldilocks

Posts: 1428; Member since: Dec 14, 2008

That is for the OnePlus One. Their first phone. Reading comprehension. Try it.

15. NateDiaz

Posts: 1082; Member since: Mar 03, 2018

Not only you've lost your hair but your vision as well. First picture: Which smartphone brands depreciate the most? OnePlus leading with 97%. I never talked about a particular OnePlus phone.

19. RebelwithoutaClue

Posts: 5485; Member since: Apr 05, 2013

Yet the worst smartphone of OnePlus is the One at 94% so how can the rest be more and not be on the list of worst smartphones?

35. baldilocks

Posts: 1428; Member since: Dec 14, 2008

God only made a few perfect heads, he put hair on the rest of them kid. You typed, "OnePlus". That implies all of them. So, next time, be more specific.

36. NateDiaz

Posts: 1082; Member since: Mar 03, 2018

Yours isn't perfect tho.

2. ijuanp03

Posts: 492; Member since: Dec 30, 2014

True. This is news for people who likes to buy and sell their old phones. I'm an HTC fan and I very well know this fact but i don't really mind because i bought my phone for my own consumption. Why would I buy a Samsung if I'm not gonna be happy with my purchase in the first place? To each his own.

4. Vokilam

Posts: 1028; Member since: Mar 15, 2018

Exactly.

5. piyath

Posts: 2445; Member since: Mar 23, 2012

Look at that poor Google Pixel.....lolzzzzzzz It's from one of the best American companies in the world and yet it goes down like crazy.

7. Back_from_beyond

Posts: 1153; Member since: Sep 04, 2015

Considering the company in question offers no insight into how they got those results, it's fair to say it's likely complete bulls**t. For example if they buy up broken phones as well it would sure explain a lot.

33. Atechguy0

Posts: 918; Member since: Aug 03, 2018

They show the two year old Google Pixel and Pixel XL on their chart. Not the Pixel 2 or Pixel 2 XL. Plus if you actually go through the sale process at musicmagpie, then they will give you back $550 for a 64 gb iPhone X. So you lose 45% of the original iPhone X, and not 32% like they and phonearena are saying.

8. MarvzIsFallen

Posts: 646; Member since: Aug 11, 2017

This is one of the reason why apple consumers can upgrade every year without shelling out to much cash. Can’t wait to go back to plus models.

10. whatev

Posts: 2113; Member since: Oct 28, 2015

So if you buy a OnePlus 6 at 500€ or something like that, then you can resell it for 15€ next year lmao

20. RebelwithoutaClue

Posts: 5485; Member since: Apr 05, 2013

Even you have to realize that is just horsesh!t

11. J5278

Posts: 2; Member since: May 03, 2018

Hahaha I would love to buy android devices at this price....Unfortunaty they are avalable only to phonearena......

12. yalokiy

Posts: 882; Member since: Aug 01, 2016

Somebody has to be completely nuts to believe this report. The cheapest prices where you can buy used phones are on ebay. Now please show me a used oneplus 5 or 5t for -97% of the release price. The cheapest op5 I could find today is $289 (fair condition) and on release day it was $479. That's only 39% value lost in more than a year for a phone not even in good condition.

13. baldilocks

Posts: 1428; Member since: Dec 14, 2008

The 97% is for the OnePlus One, not the WHOLE lineup. Just check Swappa. OnePlus phones hardly lose their value anymore.

17. NateDiaz

Posts: 1082; Member since: Mar 03, 2018

OnePlus One is at 94%. Tired eyes, old man.

21. yalokiy

Posts: 882; Member since: Aug 01, 2016

OnePlus One didn't lose that much even after 4 years.

22. NateDiaz

Posts: 1082; Member since: Mar 03, 2018

Alright defender.

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