Just like in the real estate market where property values fluctuate over time, nowadays people also track how the value of smartphones decreases as they age. Let me give a study by Cashify which compares iPhone 12 vs Samsung Galaxy S21 resale value. These are both flagship models, making this comparison particularly useful for those looking to purchase a new or used phone and hoping to get a good resale value later on.
The results are likely as expected. Apple is known for its premium products that maintain their value well in the resale market. Meanwhile, Samsung uses Android, which is common across many different devices and brands.
So, let us study the report in detail to see which model iPhone 12 vs Samsung galaxy s21 has depreciated more since their launch and know the reasons behind it.
Why Choose Cashify to Sell Your Old Phones?
If you are interested in selling your old smartphone, Cashify offers you several convincing reasons to choose the service. Let me discuss few of them here :
Best Prices with Objective AI-based Pricing: Cashify uses an AI-based system to evaluate and offer the best possible prices for your old phone. This method ensures that the pricing is objective and reflects the true market value of your device.
Instant Payment: When you sell your phone through Cashify, you receive immediate payment. As soon as your device is picked up or you drop it off, the money is transferred instantly to your preferred payment method, making the process smooth and hassle-free.
Simple & Convenient: Cashify makes the process of selling your phone extremely easy. You can check the price of your device online, schedule a pickup at your convenience, and get paid without complications.
Free Doorstep Pickup: Cashify offers a free pickup service from your doorstep, available in over 1500 cities across India. This service means you don’t have to worry about any pickup fees or traveling to a store to sell your phone.
Factory Grade Data Wipe: When you sell your phone, Cashify makes sure that all your data is wiped to factory settings. This guarantees that your personal information is completely secure and protects your data privacy.
Valid Purchase Invoice: Cashify provides a genuine bill of sale when you sell your device. They make sure all transactions are documented and legitimate. This receipt serves as a valid purchase invoice for your records.
Also Read : 7 Things I Bet You Didn’t Know About Selling Phones With Cashify
iPhone 12 vs Samsung galaxy s21 : Resale Value
Model | Storage | Resale Price (₹) | Sell on Cashify |
Samsung Galaxy S21 5G (8 GB/128 GB) | 128 GB | 22,980 | Sell now |
Samsung Galaxy S21 5G (8 GB/256 GB) | 256 GB | 24,160 | Sell now |
Apple iPhone 12 (4 GB/64 GB) | 64 GB | 31,500 | Sell now |
Apple iPhone 12 (4 GB/128 GB) | 128 GB | 33,500 | Sell now |
Apple iPhone 12 (4 GB/256 GB) | 256 GB | 35,700 | Sell now |
If you own an iPhone 12, now is a good time to sell it on Cashify. The phone has already lost more than 50 per cent of its original value, but you can still get a reasonable price for it.
Similarly, if you have a Samsung Galaxy S21, consider selling it now. It has depreciated nearly 70 per cent, so to recover a significant portion of your initial investment, selling it soon is advisable. This way, you can still receive a decent amount before its value potentially drops further.
Cashify uses advanced AI technology to figure out their current market price. This process helps users find the best selling price for their devices, considering their current condition and the ongoing market prices.
By checking what a gadget is worth now and comparing it to its original price, Cashify works out how much the value has gone down. This approach makes sure that users get a fair and accurate price for their devices, helping them make better decisions when selling their gadgets.
So, let me give you an idea of how much you can sell your iPhone 12 vs Samsung Galaxy S21 models.
Also Read: iPhone 15 Vs Samsung Galaxy S23- Phone With Higher Resale Value?
Samsung Galaxy S21 5G (8 GB/128 GB):
Resale Price: ₹22,980
Details of the model : This model is the base version of the Galaxy S21 series with 128 GB of storage. Its resale value is lower due to its standard storage capacity and higher market availability.
Samsung Galaxy S21 5G (8 GB/256 GB):
Resale Price: ₹24,160
Details of the model: This version of the Galaxy S21 comes with 256 GB of storage, slightly more than the base model. The slight increase in storage offers a modest increase in resale value, reflecting the added utility of extra storage space.
Apple iPhone 12 (4 GB/64 GB):
Resale Price: ₹31,500
Details of the model: This is the entry-level iPhone 12 model with the least storage. Despite being the base model, its resale price is higher than that of similar Samsung models, showcasing the stronger resale value retention typical of Apple products.
Apple iPhone 12 (4 GB/128 GB):
Resale Price: ₹33,500
Details of the model: With double the storage of the 64 GB model, this iPhone 12 variant offers better functionality, which is reflected in its higher resale price. The moderate increase in storage provides a reasonable boost in value. This makes it more appealing for those who need more space without moving to the highest storage option.
Apple iPhone 12 (4 GB/256 GB):
Resale Price: ₹35,700
Details of the model: This is the highest storage option available for the iPhone 12, and it commands the highest resale price among the models listed.
Also Read: Which Phone Offers The Best Value- Google Pixel 7 Vs iPhone 14?
How much has the iPhone 12 vs Samsung Galaxy s21 Depreciated ?
Here, we analyse how the iPhone 12 vs Samsung Galaxy s21 has depreciated since their launch. This will give you an idea
- The Samsung Galaxy S21 5G (8 GB/128 GB) has depreciated by approximately 67.17 per cent since its launch.
- The Samsung Galaxy S21 5G (8 GB/256 GB) has depreciated by approximately 67.35 per cent since its launch.
- The Apple iPhone 12 (4 GB/64 GB) has depreciated by approximately 60.58 per cent since its launch.
- The Apple iPhone 12 (4 GB/128 GB) has depreciated by approximately 60.54 per cent since its launch.
- The Apple iPhone 12 (4 GB/256 GB) has depreciated by approximately 62.38 per cent since its launch.
Based on the analysis from the marketplace vendor, it’s evident that Apple iPhones maintain their value significantly better than Samsung Galaxy S21 models.
The Samsung Galaxy S21 5G (8 GB/256 GB) has depreciated approximately 6.81 per cent more than the Apple iPhone 12 (4 GB/128 GB) since their respective launch.
Note to Readers
All the calculations mentioned have been performed by Cashify’s team using an AI-based system to determine and offer the best possible prices for your old phones. Please note that these calculations assume that the phone models are in good condition and everything is functioning properly.
Detailed Analysis of Depreciation Rates of Samsung Galaxy S21 vs iPhone 12:
From the detailed analysis of iPhone 12 vs Samsung Galaxy S21 resale value, it’s clear that the depreciation of smartphones varies based on several factors, including the model and memory capacity. Here’s a deeper look into how different models from Samsung and Apple have depreciated since their launch:
More expensive models, such as the Samsung S21 5G and the iPhone 12 , generally depreciate less on a monthly basis compared to their more affordable counterparts. This could be due to their higher initial price and lower volume of sales, making them less common in the secondary market and therefore retaining more of their value.
Interestingly, models with higher RAM and storage, like the Samsung S21 5G 256GB and the Apple iPhone 12 256GB, depreciated faster than their versions with less memory, which contradicts general expectations.
This suggests that the premium paid for maximum storage is not as valued in the resale market, possibly because the average user does not require that much storage.
We can compare this concept to how property values fluctuate. Just as certain properties depreciate at different rates depending on their location, quality, and market demand, the depreciation of smartphones also varies by model.
Some phone models, like the iPhone 12, hold their value much better over time. This makes them a smarter financial investment for those who might want to resell their phone in the future, similar to investing in a property that retains its value well or appreciates.
Also Read: Upgrade To A Better Tech: Sell Old Vivo X80 Pro At The Best Price
Samsung Galaxy S21 vs iPhone 12: Why Do Samsung Phones Lose Value Faster Than iPhones?
iPhones tend to have better resale value than Samsung smartphones for several reasons. Let’s go through these reasons below in detail:
Limited Releases: Apple releases only one new iPhone model each year, incorporating all of their latest technology into this annual update. This keeps each model relevant and valuable for longer. In contrast, Samsung releases multiple flagship models each year across different series like the Galaxy S and Galaxy Note, which can dilute the value of each model more quickly.
Competition Within Android: Samsung operates within the Android ecosystem, which includes many manufacturers that release new phones frequently. This constant influx of new models with updated technology from various competitors can make older Samsung models seem outdated quicker, decreasing their resale value.
Unique Operating System: Apple uses its own iOS operating system, which is exclusive to iPhones. iPhones are the only devices with iOS, which includes regular updates and features that are optimized specifically for iPhone hardware.
Apple Ecosystem: All Apple products work seamlessly together. If you own a MacBook, iPad, or Apple Watch, an iPhone will integrate smoothly with these devices.
Quality and Brand Perception: Apple has positioned itself as a premium brand with high-quality products. This reputation helps maintain higher resale values for iPhones as consumers perceive them as luxury items.
Also Read : Don’t Let Your Samsung Galaxy F54 Turn Into Dust- Sell It Now
Conclusion
So, I hope with the detailed comparison of iphone 12 vs samsung galaxy s21 resale value, you know Apple’s iPhones hold their value better over time compared to Samsung’s phones. Samsung phones are cheaper to buy initially but lose their value faster.
Whether you choose to pay more upfront for a phone that keeps its value, like the iPhone, or spend less on a phone that might not be worth as much later, like the Samsung, depends on your preference. Knowing how these phones’ values decrease can help you make a smarter choice when buying a phone.
If you’ve just bought a new phone and don’t know what to do with your old phone, then here’s your answer. Sell old mobile to Cashify and get the best price for it. If you are planning to buy a new phone, check out Cashify’s refurbished mobile phones. You can get your favourite phone at almost half price with six-month warranty, 15 days refund and free delivery.