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When considering purchasing a new iPhone, many users think about the resale value of their current device. Understanding the average resale prices for different iPhone models can help you make informed decisions, whether you’re upgrading or selling your old device.
Factors Influencing Resale Prices
Several factors impact the resale value of an iPhone, including the model, condition, storage capacity, and market demand. Typically, newer models retain higher resale prices, but condition and accessories also play a significant role.
Average Resale Prices by iPhone Model
iPhone 13 Series
As of 2024, the iPhone 13 series holds a strong resale value, especially the Pro models. On average, you can expect:
- iPhone 13: $400 – $550
- iPhone 13 mini: $350 – $500
- iPhone 13 Pro: $550 – $700
- iPhone 13 Pro Max: $600 – $750
iPhone 12 Series
The iPhone 12 series remains popular in the resale market. Typical prices are:
- iPhone 12: $350 – $500
- iPhone 12 mini: $300 – $450
- iPhone 12 Pro: $500 – $650
- iPhone 12 Pro Max: $550 – $700
Older Models
Older models like the iPhone 11 and iPhone XR have lower resale values but remain in demand. Approximate resale prices are:
- iPhone 11: $250 – $400
- iPhone XR: $200 – $350
Tips to Maximize Resale Value
To get the best resale price for your iPhone, consider the following tips:
- Keep the device in good condition with minimal scratches or dents.
- Include original accessories and packaging if possible.
- Perform a factory reset to erase personal data.
- Sell when a new iPhone model is announced to maximize demand.
Conclusion
The resale value of an iPhone varies depending on the model, condition, and market trends. Generally, newer models fetch higher prices, but older devices can still command reasonable sums if well-maintained. Staying informed about current market prices can help you sell at the right time and for the best price.