SellCell, a site for selling phones online, says iPhone resale pries are likely to drop up up 15% when the iPhone 14 launches (likely in September or October).
Basically, if an iPhone owner is thinking of trading their iPhone in, they shouldn’t hang about, or it’ll lose more value in the wake of the iPhone 14 launch, according to the folks at SellCell. Here are the main findings from their recent study:
- In the month after the launch of the iPhone 13-series, the iPhone 12 Pro Max 512GB lost 15.7% of its value. Between September and November post the launch of iPhone 13, that depreciation grew to 16.5%.
- iPhone 11 256GB fared a little better, depreciating in value by up to 14.1%, then recovering some lost value, with depreciation at 11.3% by November after iPhone 13 launched.
- Between September 1st 2021 and December 1st 2021, the iPhone 12 Pro Max 512GB lost $190 in value, while the iPhone 11 Pro Max 512GB lost $85.
- Irrespective of the model, all iPhone 12 and iPhone 11 handsets lost significant value in September 2021, the month of the iPhone 13 announcement.
- Despite this loss in value post iPhone 13 launch, many iPhone 12 and iPhone 11 models saw some value recovery between Nov. 1 and Dec. 1, 2021.
