New smartphones begin to lose value from the first minute they come out. So, what are the phones that lost the most value in a year? Here are the details!
New smartphones start to lose value right out of the box. According to Decluttr, as long as this situation continues, current iPhone models will lose 15% of its value within the next month after the iPhone 12 line is released. According to the report prepared by Declutrr, the more expensive a phone is, the less value it loses. For example, 2018's iPhone XS and iPhone XS Max price dropped 43% and 42% in the first six months of launch, when initially priced at $ 999 and $ 1,099, respectively. So, what are the phones that lost the most value in a year ?
Phones that cost $ 900 or more will lose 51% of their average value in the first six months, while phones with a price tag of $ 700-899 generally lose 56% of their value over the same period. Phones with a price tag of $ 699 or less often seem to have lost 64% in value. Looking at the smartphones that lost their value in a year, we see that flagship phones lost 58% of value, middle-class phones lost 65%, and entry-level phones lost 66%.
So how successful are the big phone brands in maintaining their value? iPhone models lost 51% value after 12 months, and the value lost by iPhone models rose to 67% after 24 months. Samsung models lost 67% after 12 months, as Google's phones lost, and reached 80% after 24 months. While the value lost by OnePlus models after 12 months was 72%, the value lost increased to 83% after 24 months. The lost value of Huawei models was 70% after 12 months and 81% after 24 months.
While Apple was the phone that lost the least value at 51% in the first 12 months, OnePlus was the brand that lost the most value in the top 12.