How to Determine the Resale Value of My Second-Hand iPhone?
iPhone is a prevalent device in the UAE. The market share of the iOS operating system in the UAE from July 2021 to July 2022 is 25.63%, the second highest being Android. Therefore, you can expect a good resale worth if you wish to sell your iPhone in Dubai or any other city in the country. However, the resale value depends on certain factors. You can quickly check these parameters when you sell second-hand electronics online to build reasonable expectations. Here are the most common factors that influence the resale value of your second-hand iPhone.
Model is the most crucial factor in determining your phone’s resale value. The newer the model, the higher its value. Unlike an advanced model, an old model will lack many features. These can be related to appearance, storage, display, build, camera, processor, cellular network type, battery, and other features.
For instance, the revolutionary 5G cellular network has helped iPhone 12, 13 models, and iPhone SE (3rd gen) rank among the top-selling smartphones in the first quarter of 2022. On the other hand, dual-core processors have long been substituted with quad-core and Hexa-core CPUs that offer boosted performance. Now you can get a dual selfie camera and a quad primary camera. So, build your expectations depending on your iPhone model.
The current physical condition of your phone also plays a significant role in deciding its resale value. Even minor damages like small scratches and dents can reduce its value.
Below is a simple breakdown of the different conditions that will help you determine the state of your phone and will help you sell your iPhone in Dubai:
- Flawless condition: In this condition, your phone must not show any signs of pre-ownership. It should be free from cosmetic blemishes, water damage, dents, and scratches.
- Good condition: In this condition, your device will appear slightly used and may show very few minor scratches and no dents. Nevertheless, it should run perfectly.
- Average condition: If your phone has visible physical damages, such as several scratches, dents, or other cosmetic problems, the resale value will decrease considerably.
- Broken but working: If your phone has hardware issues, paint wear, major dents, cracked screen, or burnt screen.
Each network carrier has a different iPhone trade-in program. Carriers run promotional sales like buy-back events and trade-in specials that often affect the resale price of old phones.
Since prepaid devices are connected to a particular carrier, they usually don’t come unlocked to a new owner. However, remember that an unlocked iPhone has a higher worth across all carriers. It implies that it has been opened to different carriers. These are in demand in the resale market since this increases the phone’s versatility. Also, a buyer can easily get the device situated on a new network.
Storage is a vital factor in deciding the resale value of phones, including the iPhone. Gone is the age of 32 GB, and it has been replaced by 64 GB, 128 GB, 256 GB, and 512 GB over time. The higher the storage capacity of your iPhone, the greater its resale price. So, consider this factor reasonable expectations when selling your iPhone in Dubai.
NorthLadder maintains transparency in selling second-hand electronics online. It mentions all the parameters that determine a device’s resale value and every step of the selling procedure to avoid confusion. Rest assured of getting the best price since more than 200 dealers compete to give you the highest price for your phone.
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