New Devices Mean Your Current Ones Will Be Worth a Lot Less

With the new iPhone release finally announced, excitement abounds for Apple lovers. However, one downside of the upcoming announcement is the impending drop in value of your old Apple devices.

Every year newer models push the older iPhones, iPads, and MacBooks farther and farther down the path of obsolescence. But there’s good news: we will still buy your old devices and we’ll help you maximize the money you get for them too. 

There are several factors that affect how much a device drops in value. For example, phones on full cycle refreshes hold their value slightly better than their “S” counterparts. Also, broken devices won’t see their values fall nearly as dramatically as perfectly working devices will (this is the one time it’s good that you’re a klutz.)

This year, predicting phone values is a little more interesting. Even though the iPhone 7 is a full cycle upgrade, it appears it will be received more like an “S” model due to a lack of significant upgrades.

Similar feelings surround the AppleWatch 2. Many customers who were waiting for 3G support are primed for disappointment, but users looking just for GPS are lining up in anticipation. The final major device release, a redesigned MacBook Pro, is expected to be the first release to significantly drop MacBook Pro prices since the first Retina model was released in 2012.

Our buyback partners at MyPhones Unlimited handle thousands of devices each year and they project the iPhone 6 and 6S to drop in value by 10% the week of the launch and then an additional 10% over the next 30 days. They also project Retina MacBook Pros to lose about 15% of their overall value in the month following the release, warning that any MacBook released before 2010 will be rendered nearly worthless by the end of the year.

Our buyback program allows you to lock-in your price for 14 days and we highly recommend using that during this period of tumultuous price drops. If you know you’ll get your new iPhone 7 in a week, go ahead and request a box now because the price will likely be lower by the time your phone comes in. Although some websites offer 30-day price lock-ins, that means they start with a lower overall price to protect themselves from the devices depreciating, our 14-day policy was established to offer consumers the highest possible price.

Our buyback program is here to help you afford the cost of an upgrade, so let us know what you think about your new devices once you get them!

What was your experience with our buyback program? Would you recommend it to a friend?