Do iPhones Have Resale Value? Find Complete Detail Inside

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- Updated: 11th Sep 2024, 14:45 IST
  • 1
    Goodwill
  • 2
    Loyal Customer Base
  • 3
    Demand
  • 4
    Availability
  • 5
    Cost of Replacement Parts
  • 6
    Software Updates
  • 7
    Some Tips to further increase the resale value of an iPhone
  • 8
    Reasons to Choose Cashify as a platform
  • 9
    The process to sell your iPhone at Cashify
  • 10
    Conclusion

Are you an iPhone User and thinking about “ do iPhones have resale value?” Or do iPhones have a higher resale value comparatively? Apple smartphones are at first number when considering their resale value. This is because Apple has successfully established their brand, trust, and that feel of standard when you hold the iPhone in your hand. The resale value which iPhone gives is because of its Goodwill which it is able to establish in the market by giving ultimate security, excellent cameras, and premium advanced features. Let’s dive into the article to find the complete details inside.

Also Read: Should You Sell iPhone 15 To Upgrade to iPhone 16?

Goodwill

Apple has gained that goodwill and reputation in the market. Basically Apple has been successful in establishing its brand and has done the value pricing for its products. The higher price of the Apple smartphone does not matter to the user as long as they are getting the benefit of using it.

Loyal Customer Base

Apple has a loyal customer base which helps them to succeed in any new launch. And due to its customer base and the level of status, it provides the used Apple phones also provide great benefits for reselling.

do iPhones have resale value

Demand

The demand for iPhones is always high and due to its high demand and limited availability used iPhones have a great resellable value. The another reason for its high demand other than status and Goodwill is that it lasts longer than the Android version. The layers of security provided by iPhone is unbeatable by many Android phones out there.

Availability

Due to its limited availability, the demand for the iPhone is always up and hence the resale value is also high. The most accurate reason for the question that do iPhones have resale value is the availability. The iPhone produces a maximum of 2 models in a year while Android produces around 200 to 300 models making it easily available and accessible to everyone. In this case, Apple stands out from many other Android phones out there.

Cost of Replacement Parts

No doubt that iPhones have higher resale value when reselling them but even when we are selling off their parts the return on that is also high. So even if your iPhone model is old or outdated the replacement cost of its part is high. So we can say the iPhone has the capability to fetch you the benefit even if your iPhone model is old or outdated.

Software Updates

iPhone has a great software update. They almost provide 5 to 6 years of updates after coming out. This actually means that you will have a updated version of your smartphone for up to 6 years which is a long time when keeping in mind the actual lifeline of another phone. This much update keeps your phone updated and makes its system strong which will prevent it from any type of malware attacks or viruses. Lesser updates make your phone vulnerable to these types of conditions.

Some Tips to further increase the resale value of an iPhone

Original accessories: Original accessories like a Charger, headphones, its box, and original documents related to the phone can help you avail the best price for your device.

Physical Condition: Physical appearance matters a lot when evaluating the price. If your screen has scratches, blind dots, and dents, basically impacting the overall looks of the phone then it tends to decline the value of your device. One needs to be attentive of their usage or must use screen cards and covers for the physical safety of their phone.

Doing Timely updates: Phone updates are useless if you are not availing the actual benefit of it. Usually, users tend to ignore the phone updates offered by their smartphones. If you are allowing the phone to be updated or not giving it access then your phone will start doing glitches, slow responding, or maybe be attacked by various malware attacks at the early stage. This decreases the effective functionality of the phone and reduces its price.

Platform Reputation: The choice of the right platform is very necessary because the certified and established platform follows a very professional and fair process while giving a price quote for your device. The right platform tends to offer higher and more authentic price with the least risk of any scam.

Reasons to Choose Cashify as a platform

do iPhone have resale value

Cashify is a certified platform that is successfully able to gain people’s trust in it. It is a long-term team player in this field and excelled in gaining people’s trust. Cashify is a secure platform for selling your phone. Cashify follows a very hassle-free and easy process, a trusted platform, and quick payments with additional incentives like exchange bonuses and vouchers. On top of these appealing services, Cashify provides free doorstep pickup. Cashify’s disposal is 100 percent sustainable and also your privacy is the utmost priority for Cashify.

Also Read: What Are the Advantages Of Using Cashify Buyback Services?

The process to sell your iPhone at Cashify

  • Go to the official website of Cashify or open the Cashify app.
  • Head towards the “sell phone” section
  • After clicking on the sell phone section, search for the brand’s phone you want to resell.
  • Select the model you want to sell
  • Give honest details about your device.
  • Then the price quote will be shown to you.
  • After that you can schedule the pickup for your phone at your own convenience.

Conclusion

This article focuses on answering the question of do iPhone has resale value. In the end, we can conclude that iPhones have the highest resale value due to their brand reputation, Customer base, high demand, Apple’s ecosystem, and the security system provided by it. In the process of reselling your phone and get the best possible price for your device also depends on the right choice of the platform. This is because if you are selling your phone on a certified platform that is authentic then you will get transparency in its valuation system and the price quote offered will be best according to your phone’s condition.

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