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The iPhone crushes Android in 2019-2020 depreciation report

Since October 2018, BankMyCell has been collecting data on the new device consumers have during the valuation and trade-in of their old iPhones and other smartphones. The latest data shows that flagship Android devices lose value twice as fast as iOS devices.

In the first year, on average, iPhones lost -23.45%; by year two, the total loss is -45.46%. Per BankMyCell, the scary news for $700+ Android flagship users is, the average iPhone’s two-year loss is the same as their one-year depreciation -45.18%.

Tracking devices over four years, iPhone trade-in value decline is a steady decline, losing between -23.45% to -33.09% year on year. In two years, the average iPhone would lose -45.46% of its original resale value -23.45% in year one and -28.75% in year two. In two years, the average Android flagship phone would lose –71.41% of its original resale value, -45.18% and year two -47.85%. 

Consumers that opt for budget Android phones my want to shed a tear too; in under 2-years, the average device loses -79.66% of its resale value, according to BankMyCell. On average, Android devices with launch prices of $350 or under lose half their trade-in value in just one year.

Owners of popular budget smartphone brands like Samsung, Motorola, LG, HTC, and Google lost an average of -48.65% of their trade-in value in 2019-2020. In two years, the average budget Android phone would lose –79.66% of its original resale value, -48.65% and year two -44.26%. 

Using these average losses, a budget Android released at $299 would only be worth around $27 for trade-in after 3 years. Motorola One released for $349 in Oct 2018, in 14 months it lost 87.68% of its original trade-in value, fetching a measly $43 resale by December 2019. 

The three iPhones released in 2018 make up 15.29% of trade-in on the site, and it’s no surprise, as they only lost an average of 23.45% in 2019, so consumers get buyback offers that make upgrades affordable.The  iPhone XR lost -21.55% of its trade-in value in the whole of 2019, compared with the Galaxy S10e losing -37.98% in only 9 months. 

The iPhone XS lost -23.31% of its trade-in value in the whole of 2019, compared with the Galaxy S10 losing -43.78% in only 9 months. iPhone XS Max lost -25.51% of its trade-in value in the whole of 2019, compared with the Galaxy S10+ losing -45.26% in only nine months. 

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.