Resale Price Comparison: Iphone 7 Plus Vs. Galaxy S7 Edge

by

Resale Price Comparison: Iphone 7 Plus vs. Galaxy S7 Edge

In the rapidly evolving world of smartphones, understanding resale values can help consumers make informed decisions. The Iphone 7 Plus and Galaxy S7 Edge, both launched in 2016, remain popular choices for many users. This article compares their resale prices to provide a clear picture of their current market value.

Introduction to the Devices

The Iphone 7 Plus was released by Apple in September 2016. It features a 5.5-inch Retina HD display, dual 12MP rear cameras, and is powered by the A10 Fusion chip. Known for its build quality and iOS ecosystem, it remains a sought-after device.

The Galaxy S7 Edge was launched by Samsung in March 2016. It boasts a 5.5-inch Quad HD Super AMOLED display with curved edges, a 12MP rear camera with dual-pixel technology, and runs on Android Marshmallow. Its design and features have kept it competitive even years after release.

Resale Price Factors

Several factors influence the resale prices of these smartphones:

  • Device condition: Mint condition fetches higher prices.
  • Storage capacity: Higher storage variants command more value.
  • Market demand: Popularity affects resale value.
  • Age and depreciation: Older devices depreciate over time.
  • Color and accessories: Limited editions or complete sets increase value.

Current Resale Price Comparison

As of mid-2024, the resale prices for these devices vary depending on the platform and condition. Below is a general overview based on recent market data.

Iphone 7 Plus

In excellent condition, the Iphone 7 Plus typically sells for between $100 and $150. Devices with minor cosmetic wear may fetch around $80 to $120. Higher storage variants (128GB) tend to be at the upper end of this range.

Galaxy S7 Edge

The Galaxy S7 Edge usually resells for approximately $80 to $130 in good condition. Like the Iphone, higher storage options (32GB vs. 64GB) may influence the price slightly. Devices with functional displays and minimal scratches are more desirable.

Both devices have experienced depreciation but still retain a significant resale value due to their popularity and update support. As newer models are released, prices may decline further, but these phones remain viable options for budget-conscious buyers.

In the future, factors such as battery health, software updates, and market demand will continue to influence resale prices. For sellers, maintaining the device in good condition is key to maximizing value.

Conclusion

When comparing the resale values of the Iphone 7 Plus and Galaxy S7 Edge, both remain relatively valuable for their age. The Iphone generally commands a slightly higher resale price, especially in excellent condition and with higher storage. However, the Galaxy S7 Edge offers a competitive alternative at a lower price point.

Ultimately, the choice depends on user preference, device condition, and market availability. Staying informed about resale trends can help consumers make smarter purchasing and selling decisions.