One of the best ways to raise funds for buying a new smartphone is of course by selling the one you have right now. That’s said, it’s also very important to know the right time to sell your smartphone, in order to get a good deal out of it. Now, a new report from MusicMapie, sheds more light on the best time to sell your smartphone, while also listing out the top 10 smartphones that have depreciated the least and the most in the last 12 months.
While smartphones have started depreciating at a faster pace, the report showcases that it is different for all smartphones. However, the one time when all smartphones are said to lose their value considerably is when a successor is right around the coner. So, it is recommended to sell your smartphone weeks or days in advance before a new model is announced.
The report claims that iPhone users can trade-in their older iPhones for 25 percent more value before Apple launches a new smartphone. This might serve as a very good tip for those who plan to upgrade their iPhones after Apple announces new models on September 12.
Apple also seems to be leading the chart in terms of carrying smartphones that have depreciated the least in the last one year at about 45 percent on average. The company is followed by Samsung and Google at 62 and 81 percent respectively. On the flipside, OnePlus devices seem to have lost the most amount of value at 97 percent. This is bad news for OnePlus users, especially the ones who are using previous models like OnePlus 5, OnePlus 3T and older.
Watch: Apple iPhone X Review
Looking at individual models, it’s not surprising that the Apple iPhone X is leading the chart by still carrying 68 percent of its original value. It is followed by the iPhone 8 Plus, iPhone 7 and iPhone 8, which have lost about 43, 44 and 45 percent of their value in the last one year respectively. The Samsung Galaxy S8 and S8+ are right behind them at 58 percent. On the hand, the HTC Desire 820 seems to have lost the most value this year at a whopping 95 percent.