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The resale value of an iPhone Xs 64GB can vary depending on several factors including condition, market demand, and timing. Typically, Apple products tend to retain their value better than many other smartphones, but they still depreciate over time.
Initial Value and First Few Months
When the iPhone Xs 64GB was first released, its retail price was around $999. In the first few months, it usually retains about 70-80% of its original value if kept in excellent condition. This means you could expect a resale price of approximately $700 to $800.
Six Months to One Year
After six months to a year, the resale value typically drops to around 60-70% of the original price. During this period, the phone’s value might range from $600 to $700, especially if it is well-maintained and has minimal signs of use.
One to Two Years
Between one and two years, the depreciation becomes more noticeable. The resale value often falls to about 50-60% of the original price, which could be approximately $500 to $600. Market demand for older models may influence this further.
Beyond Two Years
After two years, the iPhone Xs 64GB generally depreciates significantly. The resale value might be around 30-50% of the initial price, or roughly $300 to $500. As newer models are released, older iPhones tend to lose value more rapidly.
Tips to Maximize Resale Value
- Keep the phone in excellent condition with minimal scratches or damage.
- Use a protective case and screen protector.
- Maintain the battery health by avoiding excessive charging cycles.
- Perform regular software updates and keep the device clean.
- Provide original accessories and packaging if possible.
Best Time to Resell
The optimal time to resell your iPhone Xs is within the first year of purchase, ideally before the release of new iPhone models. During this period, the device retains the highest resale value. Selling before the device shows significant signs of wear or becomes outdated maximizes your return.
Conclusion
The iPhone Xs 64GB can keep a good resale value for up to a year or two, especially if well-maintained. Understanding depreciation timelines and timing your sale accordingly can help you get the most out of your device when upgrading or switching to a new phone.