Now is a really good time to sell your old iPhone SE, data shows
On the way out….
With a new model somewhat elusively round the corner, now really is the time to sell your aging iPhone SE, if you want to make any money at all on the deal – as the value is about to plummet.
Hold the line? Not with the SE…
Apple’s devices usually hold their value quite well, even when a new product appears.
But iPhone SE isn’t quite in the same league, according to SellCell data, which shows these devices usually lose half their value within the first month of the introduction of a new model. Which means if you can raise $100 on an iPhone SE today, you should, as it may be worth only $50 in a few weeks’ time.
Take a look at these numbers:
- The iPhone SE on average lost 42.6% of its value in just one month after the debut of the fourth gen mode.
- Even worse, by six months, its value had dropped by 57.8%
- Compare this to the iPhone 15 series, which only lost 28.8% in one month and 27.8% after six months—a much slower rate of depreciation
- The trend continues with older models: The iPhone SE 2nd Gen (2020) saw a 50.8% drop by six months, whereas the iPhone 14 Series was only down 31.1%
- By 18 months, SE models have lost up to 66.5% of their original value, while flagship models maintain better resale value.
This isn’t the case for other iPhones, not even the compact ones. The iPhone 13 Mini lost just 19.2% in one month, compared to 42.6% for the iPhone SE 3rd Gen.
So, what can you do? The best advice must be to sell the device early, check current values, and perhaps choose refurbished iPhones.
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