1. Check out our app, Forums for Android! Download and leave feedback here!

Android Phone Resale Value

Discussion in 'Android Lounge' started by lordofthereef, Nov 12, 2010.

  1. lordofthereef

    lordofthereef Well-Known Member
    Thread Starter
    163

    Nov 11, 2010
    3,132
    369
    163
    Student
    I just got to thinking about resale value of Android phones. I have been with the iPhone since launch, and the resale value is always incredible. I always sell the "old" model a few weeks before the next one is getting announced and end up making money on the deal all while upgrading to the latest hadset. This has a fresh new phone in my hands every 365 (or so) days. So how well do android phones hold their value? I feel like they wouldn't be as good since the market is pretty saturated (and we have multiple new phones coming out every month). How bad does it look for a person who likes getting that shiny new toy every year?
     

    Advertisement

  2. Texter

    Texter Well-Known Member
    36

    Aug 15, 2010
    165
    2
    36
    A very good question. IMO if you stick with very popular models (Droid X, Incredible, G2, etc) the resale at 1 year will be very good. iphones will probably always hold a higher percentage in the used market though, again IMO.
     
  3. dan330

    dan330 Well-Known Member
    923

    Jan 22, 2010
    11,774
    3,387
    923
    hhhhmmm true.. iphone resale would be higher...

    but if you are willing to jump from ATT to cheaper carriers..
    like sprint or tmobile for an android phone....

    you could save in your monthly bill.. anywhere from $20 to $30 per month... which translates to $240 to $360 per year.

    so.. selling a 1 yr old top of the line phone.. should net $200..
    plus the $240 carrier savings... total = $440.
     
  4. lordofthereef

    lordofthereef Well-Known Member
    Thread Starter
    163

    Nov 11, 2010
    3,132
    369
    163
    Student
    We would be saving far more with Sprint... I got the hook ups for an "all you can eat" plan at $20/mo plus taxes and fees. Will end up being a couple bucks shy of $30/mo I would expect. That is a good way to look at it that I hadn't really considered. It's always easier to pay that monthly bill than fork over $500 for a new phone though, especially if the old phone didn't sell for much! ;P
     
  5. saxologist

    saxologist Well-Known Member
    16

    Sep 25, 2010
    71
    9
    16
    sleeping
    florida
    I agree. I buy used apple computers and new sprint phones...it works for me.
     
  6. Exspyguy

    Exspyguy Member
    36

    Nov 13, 2010
    11
    1
    36
    i think people selling their old sets are silly.

    Some dude was pawning off his 3G for $250 when i4 rolled, because it was unlocked....and successfully sold it, and bought an i4 for 199.

    people will buy anything when they perceive it as a deal.

    if you were going to resell your droid, how are you going to compete with best buy who is selling them for one dollar in the box....other than no contract?

    usually a developer needs handsets, but people like that will take pawned iphones because they know they wont be using them for anything but testing.

    I have kept my 3G, and 3Gs for those reasons....and they make great toys for the kids.
     
  7. lordofthereef

    lordofthereef Well-Known Member
    Thread Starter
    163

    Nov 11, 2010
    3,132
    369
    163
    Student
    I am a bit confused as to why I am perceived as silly for selling a phone that I could get more for than I paid for it? In any case, you will always find someone who wants to buy just the phone without the contract. THAT is where the market for the iphone resale is as well. Best Buy may have a phone for $1, but there is that 2 year burden that comes along with it.
     
  8. Texter

    Texter Well-Known Member
    36

    Aug 15, 2010
    165
    2
    36
    Remember guys, 2 years is a VERY long time in this changing market.
     
  9. Demache

    Demache Well-Known Member
    183

    Apr 18, 2010
    3,011
    341
    183
    Sioux Falls, SD
    That's the only reason people buy phones off contract. It to upgrade at a cheaper price than retail.
     
  10. Exspyguy

    Exspyguy Member
    36

    Nov 13, 2010
    11
    1
    36

    please try not to take things personal or get defensive.

    I was specifically talking about the person whom i described in my post, not you.

    my point was, the perceived value of a 2 year old handset. The unit itself is simply a means to deploy service and content. The bill of materials cost of a phone is say $200, and 2 years later (forever in tech evolution time) people will still buy them for $200.

    thats all i was saying.

    I would rather buy a brand new i4 at $600 dollars without a service contract, than buy a 2 year old 3G for $200 if my priority was a handset without service.
     

Share This Page

Loading...