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When considering upgrading or selling your iPhone, understanding the resale value of different models can help you make informed decisions. In this article, we compare the resale value of the iPhone 13 Pro Max and the iPhone 12 Pro Max to see which holds its value better over time.
Overview of the iPhone 12 Pro Max
The iPhone 12 Pro Max was released in November 2020. It features a 6.7-inch Super Retina XDR display, A14 Bionic chip, and a triple-camera system with LiDAR scanner. Its sleek design and advanced features made it popular among users. As of 2023, the resale value remains relatively high, but it has begun to decline due to newer models entering the market.
Overview of the iPhone 13 Pro Max
The iPhone 13 Pro Max was launched in September 2021. It boasts a 6.7-inch Super Retina XDR display, A15 Bionic chip, and an improved triple-camera system with Cinematic mode. Its enhanced features and longer software support have positively impacted its resale value, which tends to be higher compared to the iPhone 12 Pro Max at similar time points.
Resale Value Comparison
- Initial Purchase Price: The iPhone 13 Pro Max started at a higher price due to newer features.
- One Year Later: The iPhone 13 Pro Max typically retains around 70-75% of its original value, whereas the iPhone 12 Pro Max retains about 60-65%.
- Two Years Later: The resale value of the iPhone 13 Pro Max remains higher, often around 50-55%, compared to the iPhone 12 Pro Max at approximately 40-45%.
Factors Influencing Resale Value
- Condition: Devices in excellent condition fetch higher prices.
- Storage Capacity: Higher storage models tend to have better resale value.
- Market Demand: Newer models and those with better features are more sought after.
- Color and Accessories: Popular colors and complete accessories can boost resale price.
Conclusion
Overall, the iPhone 13 Pro Max generally maintains a higher resale value over time compared to the iPhone 12 Pro Max. If resale value is a key consideration, opting for the newer model can be advantageous. However, both models retain significant value, especially when kept in good condition.