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The Samsung Galaxy S9 Plus 64GB was launched in March 2018, quickly becoming a popular choice for smartphone enthusiasts. Over time, its value has depreciated due to technological advancements and market trends.
Initial Launch and Early Market Value
At launch, the Galaxy S9 Plus 64GB retailed for approximately $840. Its high-end features, including a dual-lens camera, Infinity Display, and powerful processor, justified its premium price. During the first year, the device maintained a significant portion of its value, with resale prices often around $600 to $700.
Depreciation Trends Over Time
Typically, smartphones depreciate rapidly within the first two years. For the Galaxy S9 Plus, depreciation followed a standard pattern:
- Year 1: 20-30% depreciation, resale value around $420-$560
- Year 2: 40-50% depreciation, resale value around $420-$420
- Year 3: 60-70% depreciation, resale value drops to approximately $250-$350
By the third year, the device’s value significantly declines, primarily due to newer models and software updates that limit compatibility.
Factors Influencing Resale Value
Several factors affect how much you can expect to resell a Galaxy S9 Plus:
- Condition: Devices in excellent condition fetch higher prices.
- Storage Capacity: The 64GB model retains value better than lower storage options.
- Market Demand: Availability of newer models impacts resale prices.
- Original Accessories: Including original charger and box can increase value.
Best Time to Resell
The optimal window for reselling your Galaxy S9 Plus is between 12 to 24 months after purchase. During this period, the device still holds a reasonable resale value, and demand remains relatively high among budget-conscious buyers or those seeking a backup phone.
Conclusion
Understanding the depreciation and resale timeline of the Galaxy S9 Plus 64GB helps users make informed decisions about upgrading or selling their devices. While the phone’s value diminishes over time, proper care and timing can maximize resale returns.