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When considering purchasing a flagship smartphone, resale value can be an important factor. This article compares the resale values of the iPhone 12 Mini 128GB and the Samsung Galaxy S21 across different conditions to help buyers and sellers understand their worth in the secondary market.
Overview of the Devices
The iPhone 12 Mini 128GB was released by Apple in late 2020. It features a compact design, a powerful A14 Bionic chip, and a dual-camera system. The Samsung Galaxy S21 was launched around the same time, boasting a sleek design, a Snapdragon 888 or Exynos 2100 processor, and a versatile triple-camera setup. Both devices are popular among consumers, but their resale values can vary based on condition and market demand.
Resale Value by Condition
The resale value of these smartphones depends heavily on their condition. Common categories include “Like New,” “Good,” and “Fair.” Below, we compare the approximate resale values for each condition based on recent market data.
Like New Condition
In excellent condition with minimal signs of use, both devices retain a significant portion of their original value.
- iPhone 12 Mini 128GB: $550 – $600
- Galaxy S21: $500 – $550
Good Condition
With some minor scratches or signs of wear but fully functional, resale values decrease slightly.
- iPhone 12 Mini 128GB: $450 – $500
- Galaxy S21: $400 – $450
Fair Condition
Devices with visible damage or battery issues see a more substantial drop in value.
- iPhone 12 Mini 128GB: $350 – $400
- Galaxy S21: $300 – $350
Market Trends and Factors
Resale values are influenced by several factors, including device popularity, brand loyalty, and market demand. Apple devices tend to retain value better over time, partly due to their longer software support and brand prestige. Samsung phones, while popular, often see steeper depreciation, especially in lower conditions.
Conclusion
Overall, the iPhone 12 Mini 128GB generally maintains higher resale value compared to the Galaxy S21 across all conditions. For those looking to maximize resale earnings, keeping the device in excellent condition is key. Buyers should consider these trends when purchasing or selling these models in the secondary market.