IPhone vs Samsung: which keeps its value better?
Most people are either “Team Android” or “Team iPhone” when it comes to buying a new cell phone.
But which brand holds the most value?
Cell Phone Retail Site SellCell.com recently compared one of the the most popular new Android phones, the Samsung Galaxy S21, to the Apple iPhone 12.
The results might amaze you!
IPhone 12 vs Samsung Galaxy S21: which phone has its best value?
SellCell.com compared different versions of the Galaxy S21 with the iPhone 12 by measuring the manufacturer’s suggested retail price for each model against its monthly and total depreciation.
The results are based on the prices of used phones in “good condition” listed on the SellCell website.
Let’s take a side-by-side comparison of the price and depreciation of a Galaxy S21 versus the iPhone 12, according to SellCell as of April 1, 2021.
In the table below, I have used the highest and lowest models with 128 gigabytes (GB) of each series of phones.
From the table above, you can see that the iPhone 12 does better overall when it comes to retaining its value.
Not only that, Galaxy models cost more than their iPhone counterparts in the first place, according to SellCell’s best prices available for new and used models.
But why worry about depreciation? Even if you are crazy about your phone right now, it will soon be obsolete.
Someday you will likely decide to trade it with your carrier or sell it on an online marketplace like Swappa, NextWorth, or BuyBackWorld.
If the latter interests you, here are the best places to sell your old phone.
Of course, if you choose to trade in your device, it would be understandable if your brand loyalty would require you to stick with the same phone maker.
“Apple owners looking to upgrade their device will mostly stick with the Apple brand. In this sense, demand is high for used iPhone 12 handsets which means they retain their value as consumers are happy to pay extra even for a refurbished or used iPhone 12 ”, according to SellCell .
Silver expert Clark Howard says if you’re in the market for the latest iPhone, it’s worth the wait.
“If you’re willing to let the folks who need the newer phone right away get theirs and wait three weeks, you’re likely to find deals they didn’t get,” says Clark.
If you want to save a lot of money, you can choose to buy a refurbished iPhone.
I bought a refurbished iPhone a few years ago. I have found it important to only buy from a reputable seller. If you choose to buy from a third party on Amazon, make sure the seller has five stars and don’t forget to read the reviews.
Looking for the latest cell phone bargains? See what’s for sale at ClarkDeals.com.