Android flagships lose twice as much buyback value as iPhones in first year – Report

When buying a flagship smartphone, consumers expect it to last for several years and offer decent buyback value at the end of its life. Especially since tech companies add a bigger price tag each year’s flagship release. However, the buyback value depends a lot on the brand and model of the device you own.

According to a recent report from a site that tracks trade-in prices for smartphones, a used iPhone is worth much more than a used Android phone. Comparisons mentioned in this report are calculated as a percentage of the purchase price.

iPhone 12

Android flagships lose twice as much buyback value as iPhones in first year – Report

According to a report from BankMyCell, Android flagships 2x as much value (-33.62%) in the first year compared to an iPhone (-16.70%). After two years, an Android phone’s price drops by 61.50% as compared to 35.70% of an iPhone.

“The data below quotes the trade-in depreciation from the initial buyback price for a used iOS or Android device priced at $700 or over, then tracks its decline yearly.

In one year, the current average depreciation of a new iPhone’s trade-in value is -16.70%, compared with Android’s -33.62%.

In two years, the current average depreciation of a new iPhone’s trade-in value is -35.47% compared with Android’s -61.50%.

After four years, the gap begins to close, with iPhones losing an average of -66.43% of their initial buyback value, compared with Androids -81.11%.”

Android vs. iOS buyback value

BankMyCell also examines the value depreciation of the two most popular flagship phones of 2019: the Galaxy S20 vs the iPhone 11. Here’s how their value dropped nine months after their release:

“iPhone 11 lost -12.84% of its trade-in value in the whole of 2020, compared with the Galaxy S20 losing -34.73% in only nine months.

iPhone 11 Pro lost -21.31% of its trade-in value throughout 2020, compared with the Galaxy S20+ losing -30.59% in only nine months.

iPhone 11 Pro Max lost -15.96% of its trade-in value in the whole of 2020, compared with the Galaxy S20 Ultra losing -36.30% in only nine months.”

The report also mentions other tech companies. It notes that phones from Google’s Pixel series lose -38.46% value in a year. Sony, Motorola, and HTC’s phones lose 39.51%, 42.57%, and 53.08% worth in a 12-month period respectively.

There are many factors that can play a role in the buyback value of a smartphone such as the frequency of software updates, the performance of hardware, etc. Apple’s iPhones are extremely popular because of the fact they can last up to at least 6 years which the support offered by the tech giant.

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About the Author

Asma is an editor at iThinkDifferent with a strong focus on social media, Apple news, streaming services, guides, mobile gaming, app reviews, and more. When not blogging, Asma loves to play with her cat, draw, and binge on Netflix shows.

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