The Galaxy S22 lost resell value much faster than iPhone 13 - here’s what that means for buying a used flagship.
The good news is that you can buy a brand new iPhone knowing that it’ll retain resale value in the months following the launch. You can recoup some of your investment via trade-ins or by selling the used handset yourself. That way, you can upgrade to something else without losing too much cash in the process.
As detailed in the report, the Galaxy S22 won’t let you pull the same trick as efficiently. But if you’re in the market for used handsets, then the Galaxy S22 is already available at prices that are in line with mid-range phones. That’s a lot of bang for your buck.The conclusions in this Galaxy S22 resale value report indicate that it’s a bad idea to buy a brand new Galaxy S phone when it comes out..
The SellCell research shows that the Galaxy S22 depreciated almost three times more than the iPhone 13. The Galaxy S22 range lost an average of 47% of its value in the resale market. The Pixel 6 lost 42% while the iPhone 13 only lost 16% of its value. A graph showing shows the resale value of used Galaxy S22, Pixel 6, and iPhone 13 models in “Good” condition. Image source:You can currently buy a used Galaxy S22 for about half of its original price. The Galaxy S22 started at $799, so you can score the flagship for about $400.
Moreover, the 128GB Galaxy S22 Plus lost nearly 60% of its value in two months. That makes it an even better deal if you want a used model. But this definitely isn’t good news for people who bought the phone at launch.The iPhone 13 has the best resell value
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