Apple devices tend to retain a decent amount of value. A significant number of iPhones, iPads, MacBooks, and Apple Watches appear in the resale market regularly. Knowing what influences the price of Apple devices can be extremely useful whether you’re trying to upgrade the device you own or are searching for a used one.
We have compiled a few things to look for that will determine your device’s value:
1. Your Apple Device’s Condition
What physical shape your device is in will largely determine its value.
- Mint or Like-New: Devices that have no visible blemishes, scratches, or dents and are in perfect working condition fetch the highest prices.
- Good: These devices might show signs of regular wear and tear, like minor scratches, but are still fully functional.
- Fair: Devices in this category may have more noticeable cosmetic damage but still work properly.
- Poor: Heavily worn devices, devices with cracked screens, or ones with significant functionality issues fall under this category and are usually priced the lowest.
2. Your Apple Device’s Age and Model
Given the improvements in technology and features that newer models bring, they typically sell for more money than previous ones. Additionally, handsets that are still receiving software updates from Apple typically have a higher resale value.
3. Your Apple Device’s Battery Health
Devices with higher percentages of healthy batteries will be more valuable than those with worn-out, frequently replaced batteries (especially true for iPhones and iPads).
4. Your Apple Device’s Storage Capacity
A device’s value may rise with more storage space. For instance, a 256GB iPhone would normally sell for more money than a 64GB variant of the identical phone.
5. Whether the Device is Locked
Since unlocked devices can be used with any carrier worldwide and are not linked to a particular carrier, they typically have a greater resale value.
6. Original Packaging and Accessories
Devices that come with their original packaging, charging cables, earphones, and other accessories can fetch a higher price compared to those sold standalone.
7. Warranty and AppleCare
A device that is still under warranty or has an active AppleCare plan is more appealing to potential buyers since it offers a guarantee against potential defects or issues.
8. Your Device’s Software Version
While this isn’t a major factor for everyone, some enthusiasts look for devices running particular versions of iOS or macOS, either for nostalgia or other specific purposes. These can sometimes command a premium, but it’s more niche.
9. Rarity or Special Editions
Limited edition models or colors can sometimes add value. For example, a Product(RED) edition or a device from a specific collaboration might be worth more than the standard edition.
Apple’s devices frequently have a high resale value due to the company’s reputation, build quality, and ecosystem. However, as with any resale market, supply, demand, and outside variables can cause price changes. Sellers can maximize the resale value and buyers may be sure they’re receiving a fair bargain by knowing the factors that go into an Apple device’s evaluation. Knowledge is the key to getting the best value for your money, whether you’re looking to purchase or sell.