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When considering the purchase of a high-end smartphone, many consumers look at resale values to determine long-term value. The Samsung Galaxy S21 Plus and the Apple iPhone 12 are two popular choices, each with distinct resale market trends. Understanding their resale values can help buyers make informed decisions.
Overview of the Galaxy S21 Plus and iPhone 12
The Samsung Galaxy S21 Plus was released in January 2021, featuring a 6.7-inch display, a versatile triple-camera system, and a powerful Snapdragon or Exynos processor. It appeals to Android users seeking premium features.
The Apple iPhone 12 debuted in October 2020, with a 6.1-inch Super Retina XDR display, dual-camera system, and Apple’s A14 Bionic chip. It is known for its build quality, software support, and brand loyalty.
Resale Value Trends
Resale values fluctuate based on factors like initial price, consumer demand, and technological advancements. Generally, iPhones tend to retain their value better than many Android devices, including the Galaxy S21 Plus.
Resale Values Over Time
Six months after release, the iPhone 12 typically retains around 75-80% of its original value. The Galaxy S21 Plus, in comparison, usually retains about 65-70%. One year later, these figures drop but the iPhone still generally holds a higher resale percentage.
Factors Affecting Resale Price
- Condition: Devices in excellent condition fetch higher prices.
- Storage Capacity: Higher storage models tend to resale better.
- Color and Model Variants: Popular colors and limited editions can influence value.
- Market Demand: Apple products generally have higher demand in resale markets.
- Timing: Reselling shortly after release often yields better prices.
Price Comparison Examples
As of recent data, the original retail prices were:
- Samsung Galaxy S21 Plus (128GB): $1,000
- iPhone 12 (64GB): $799
Six months later, resale prices typically are:
- Galaxy S21 Plus: around $650-$700
- iPhone 12: around $600-$700
One year after release, resale values tend to be:
- Galaxy S21 Plus: approximately $500-$600
- iPhone 12: approximately $550-$650
Conclusion
While both the Galaxy S21 Plus and iPhone 12 maintain respectable resale values, the iPhone 12 generally retains a higher percentage of its original value over time. This trend makes the iPhone 12 a potentially better investment for resale, especially for those who plan to upgrade regularly.
Ultimately, the choice between these devices should also consider personal preferences, ecosystem loyalty, and feature requirements. Resale value is an important factor but should be balanced with other aspects of device usage.