The iPhone XR is the top traded-in device in quarter one of 2022

Assurant, Inc. — a global business services company that “supports, protects and connects major consumer purchases” has announced findings from its Q1 2022 Mobile Trade-in and Upgrade Industry Trends report. 

Assurant’s data reveals that with higher trade-in volumes there was a 17% year over year increase in quarter one (Q1) 2022 for money returned to U.S. consumers through trade-in programs equating to US$784 million. Key highlights from the report:

  • The iPhone XR was the top turned in device for the fifth consecutive quarter and made up nearly 33% of the top five devices in the first quarter received from trade-in and upgrade programs. This is closely followed by the iPhone 11, which made up 31% of the top five.
  • The Galaxy S9 continued to remain the top Android turned in device for the seventh consecutive quarter.
  • Android devices have seen a significant increase in the average age of those turned in through trade-in and upgrade programs, rising from 2.97 years in Q4 2021 to 3.29 years in Q1 2022. In contrast, there hasn’t been a major shift in the average age of iPhones with a device age of 3.35 years in Q4 2021 comparing to 3.39 years in Q1 2022.
  • The average trade-in value for all devices dipped slightly in Q1 2022 to $123, compared to $136 in Q4 2021.
  • For wearables, the Apple Watch Series 7 had the highest trade-in value at $195, this was followed by the Apple Watch Series 6 at $148.
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.