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Determining the Best Phone for High Resale Value: Choices Inside

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Want to know how to get the best price when you sell your phone? This guide explains what affects its value, how to make smart choices, and tips to increase the resale value of your phone. So are ready to upgrade and maximize your phone’s resale value?

- Updated: 5th Jul 2024, 09:00 IST
  • 1
    Why Resale Value of Smartphone Matter?
  • 2
    Smartphone Depreciation Rates: Comparing iPhones and Androids Over Time
  • 3
    Factors Affecting Smartphone’s Resale Value
  • 4
    Which Phone Is Best For Resale Value?
    • 1. Apple iPhone
    • 2. Samsung Galaxy S Series
    • 3. Google Pixel Series
    • 4. OnePlus Series
  • 5
    5 Tips To Maximise Resale Value Of Your Device
  • 6
    How Cashify Helps in Maximising the Resale Value of Old Phones?
  • 7
    FAQ’s on Which phone is best for resale value
    • Do old iPhones still have value?
    • Which iPhone is the best deal for your money?
  • 8
    Conclusion

When you buy a smartphone, it’s smart to think about how much it might be worth when you decide to sell it later. This blog post will discuss which phone is best for resale value over time. We’ll look at different brands and models known for their good resale value, helping you make a choice that’s not just good for now, but also for the future when you might want to upgrade.

Also Read: Outdated Concerns: Understanding the Safety of Using Old Phones

Why Resale Value of Smartphone Matter?

Thinking about the resale value of a smartphone is important when you’re buying one. As new technology comes out quickly, many people want to upgrade to the newest phone model every few years. If your current phone has a high resale value, you can sell it for a good price and use that money towards your next phone. This means you won’t have to spend as much out of pocket each time you upgrade.

For example, certain brands like Apple and Samsung are known for keeping their value longer. Statistics show that iPhones, on average, lose about 16.7% of their value each year, whereas other brands might lose value faster. This slower rate of value loss means that when it comes time to sell, you can get back a larger part of what you originally paid, making it easier and cheaper to switch to the latest model.

Also Read : iPhone 15 Vs Samsung Galaxy S23- Phone With Higher Resale Value?

Smartphone Depreciation Rates: Comparing iPhones and Androids Over Time

According to report, Android smartphones from Samsung, Motorola, LG, and Google depreciate twice as fast as Apple’s iPhones.

One-Year Depreciation:

  • iPhones: Lose about 16.7% of their value.
  • Androids: Lose about 33.6% of their value.

Two-Year Depreciation:

  • iPhones: Value drops to around 35.5%.
  • Androids: Value drops to around 61.5%.

Four-Year Depreciation:

  • iPhones: Value decreases to about 66.4%.
  • Androids: Value decreases to about 81.1%.

Depreciation Gap Narrows After Four Years: After four years, the rate at which iPhones and Android phones lose value starts to converge, but Androids still depreciate faster overall.

Factors Affecting Smartphone’s Resale Value

  1. Brand reputation and popularity: The resale value of a phone is influenced by the brand’s reputation and consumer perception. Lesser-known or less esteemed brands typically result in lower resale values due to reduced consumer demand.
    Example: An Apple iPhone typically retains more of its initial cost on the resale market compared to lesser-known brands like Poco or OnePlus. This is primarily because of Apple’s stronger brand loyalty and widespread recognition.
  2. Build quality and durability: The build quality and durability of a phone directly impact its resale value, as devices with sturdy construction and resilience to damage tend to retain higher value in the resale market.
    Example: The iPhone 15 is known for its ceramic shield front cover, boasts greater durability and consequently maintains a better resale value compared to many other smartphones that may use less durable materials.
  3. Hardware specifications and performance: Internal components and capabilities of the phone, including its processor, RAM, and storage, which influence its speed and overall performance.
    A smartphone like the Samsung Galaxy S21 Ultra with advanced hardware specifications like 12GB RAM and a high-performance processor will likely have a higher resale value than a phone with lower specs due to its ability to handle more demanding apps and updates.
  4. Software support and updates: Software support and updates refer to the manufacturer’s commitment to providing regular software updates, which are essential for ensuring the phone remains secure and up-to-date with the latest features. Older phones may lack frequent updates, compromising their security.
    Google’s Pixel phones are known for receiving Android updates sooner than most other Android devices. This keeps them more secure and up-to-date, thus boosting their resale appeal.
  5. Market demand and trends: The current trends and consumer preferences significantly influence the resale value of smartphones. Features that are in high demand, such as 5G capability or multi-camera setups, can elevate a phone’s desirability in the resale market.
    With the rising popularity of high-quality mobile photography, smartphones like the iPhone 14 with advanced camera systems tend to hold their value better due to high demand.

Also Read: Cashify’s Policy on Dead Phones: Do They Offer Compensation?

Which Phone Is Best For Resale Value?

When it comes to resale value, smartphones from Apple, Samsung, Google, and OnePlus are typically the best choices. These brands are known for keeping their value well because of their quality, performance, and ongoing software updates. Let us know amongst them, which get the best resale value and the reasons for that.

1. Apple iPhone

https://s3b.cashify.in/gpro/uploads/2023/11/01103903/What-Is-Screen-Burn-In-on-iPhone__-How-Will-Latest-iOS-Update-Fix-It-For-iPhone-15-Pro-Model-1.webp

The iPhone series maintains a stellar reputation for its robust resale value, owing to several key factors. Apple’s renowned brand reputation ensures consistent demand and premium pricing in the secondary market. iPhones also benefit from regular software updates, extending their usability and desirability over time.

Moreover, their durable hardware construction and premium materials contribute to their longevity, further enhancing resale appeal. This combination of factors results in iPhones retaining a higher percentage of their original value compared to other smartphones, making them a preferred choice for those looking to maximise returns when selling their devices.

The Apple iPhone SE is a great option for those looking for an affordable phone without sacrificing performance. It’s smaller and less expensive than other models, but it still performs well, which helps it keep a good resale value. At Cashify, already more than 500 iPhone SE have been sold ensuring you will also get the best resale value.

Meanwhile, higher-end models like the iPhone 14 and iPhone 14 Pro are known for keeping their value really well. These models are more expensive and come with advanced features, which makes them very desirable and allows them to maintain a high resale price over time.

2. Samsung Galaxy S Series

Samsung Galaxy S24


Samsung commands a notable presence in the global smartphone arena, celebrated for its extensive product range tailored to diverse consumer preferences. Spanning across various price ranges, Samsung continually unveils innovative offerings, ranging from budget-friendly options to top-tier flagship models. With a strong network for selling and smart advertising strategies, Samsung leads in key markets globally.

Samsung’s Galaxy S series, including models like the Galaxy S21 and S21 Ultra, is well-known for having the latest features and keeping a good resale value. These phones have great specs, making them popular choices even when sold as used.

Also Read : iPhone 13 Vs Samsung Galaxy S22- Phone With Best Buyback Value

3. Google Pixel Series

Google Pixel 7 Pro

The Google Pixel series is popular for its quick software updates. Thus, making usre users have the latest features and security patches. This commitment to software support greatly boosts the devices’ resale value, as buyers prefer phones with up-to-date software. Additionally, the Pixel series boasts excellent camera performance, a clean Android experience, and seamless integration with Google services.

These features make Pixel phones highly desirable in the resale market, attracting buyers looking for reliable devices with top-notch software and features. Google Pixel phones, especially the Pixel 6 and Pixel 7 Pro, are valued for their excellent cameras and straightforward Android system. They keep their resale value well because of their modern features.

Also Read : Want To Sell Old Google Pixel 7? Look No Further Than Cashify!

4. OnePlus Series

OnePlus Ace 3V Colours

The OnePlus series offers flagship-level smartphones at competitive prices, making them stand out in the Android market. Known for their superior performance and sleek design, OnePlus devices often outperform other Android phones in their price range. This combination of affordability and premium features contributes to their high resale value.

The OnePlus 9 and OnePlus 9 Pro are phones known for working fast and having a stylish look. They are likely to keep a good resale value because of these qualities. As a result, OnePlus smartphones remain sought-after in the resale market. Thus, appealing to buyers who are looking for quality devices with excellent resale potential.

Also Read: Cashify Payment Process: Full Amount, Speed, and Transparency

5 Tips To Maximise Resale Value Of Your Device

  1. Maintain Good Condition: Keep your device clean and free from scratches or damage to maintain its aesthetic appeal. This definitely enhances its resale value.
  2. Preserve Original Accessories: Keep the original box, charger, and any other accessories that came with the device. Keep them surely adds extra to the resale value and who minds that?
  3. Regular Software Updates: Make sure your device receives regular software updates, as an up-to-date operating system. This enhances performance and security, making it more appealing to potential buyers.
  4. Backup and Reset: Before selling you back up your data and perform a factory reset to erase personal information. You must also restore the device to its original settings, boosting buyer confidence.
  5. Choose the Right Platform: Select a reputable platform like Cashify for selling your device. It offers competitive prices and an easy selling process, maximising your resale value.

How Cashify Helps in Maximising the Resale Value of Old Phones?

Smartphones lose their value quickly after you buy them, so it can be hard to know when to sell for the best price. At Cashify, we use AI technology to assess your phone’s condition based on your answers. Then, we calculate the real-time buyback value of the phone you want to sell. This makes surewe offer the best, transparent, and highest resale value possible.

This helps you find the best time to sell your smartphone for the most money. Selling a smartphone privately takes time and involves negotiating with buyers.

Also Read : Is Cashify A Secure Platform For Selling Phones?

FAQ’s on Which phone is best for resale value

Do old iPhones still have value?

Yes, old iPhones can be valuable, especially if they’re in good condition. Their worth depends on factors like the model, storage capacity, and overall condition. Ever wondered if your old iPhone could fetch you some cash? Read about Get The Best Buyback Value For Old Apple iPhones Here

Which iPhone is the best deal for your money?

Usually, iPhones that are one or two generations behind the latest model give you good value. They still have modern features but cost less than when they were new. Cashify can help you find out which iPhones currently offer the best value by showing you how much you can get for them when you sell.

Conclusion

When picking a smartphone, choosing a brand known for innovation, good performance, and regular software updates can give you the best resale value. This is a wise choice whether you’re a tech fan looking to upgrade regularly or someone who cares about reducing environmental impact. Brands like Apple, Samsung, Google, and OnePlus are great choices because their phones keep their value well over time. Sell on Cashify to get the best resale value for your phones.

Exploring the purchase of a refurbished mobile phone? Discover a diverse selection of refurbished devices at Cashify and make an informed smartphone selection!



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