This is definitely true when it comes to smartphones.
uSellexamined the sales prices of thousands of used iPhones on its site after the 2013 product launch.
Kiplinger reported their findings:
Two weeks after a new launch, old iPhones depreciate about 11%.
Four weeks after launch, they depreciate about 15%.
Six weeks after launch, they depreciate about 18%.
By week seven, they lose about 21% of their value.
It’s obvious that value decreases with time.
But it’s interesting to see how much it decreases.
This info could come in handy when deciding when to sell your old phone.
For more detail, check out Kiplinger’s full article.
Best Time to Sell Your Old iPhone| Kiplinger
Photo byYeray Hdez Guerra.
