The resale potential of flagship smartphones should be regarded as a critical purchasing factor. The premium smartphone market leadership belongs to Apple and Samsung, while customers wonder which model provides better resale opportunities.
This article explores the resale values between iPhone 15 and Galaxy S24 through an analysis of depreciation patterns, software support policies, and trade-in incentives. The knowledge of which phone holds its value best will assist you in making an informed upgrade decision.
Also Read: Determining the Best Phone for High Resale Value
Factors That Influence Resale Value
The amount you can receive for your phone resale depends on various key factors:
- Brand Perception & Demand: The user base for Apple products demonstrates stronger brand loyalty, which leads to better resale demand than Samsung devices.
- Depreciation Rate: The value depreciation of iPhones occurs more slowly than Android smartphone models.
- Software Support & Longevity: The software update support for iPhones extends to five or six years but Samsung now provides four to five years of software maintenance.
- Trade-In & Buyback Offers: The trade-in and buyback programs of both brands offer limited benefits because Cashify and similar platforms deliver superior resale value to customers.
iPhone 15 Resale Value & Market Demand
The iPhone 15 maintains Apple’s well-known trend of retaining high resale value, which makes it a highly desirable device to resell. Here’s why:
- High Demand: The strong market demand for iPhones creates quick resale opportunities because of their high popularity.
- Slow Depreciation: Apple devices sustain their value more effectively than average Android smartphone models do.
- Software Longevity: The long-term availability of iOS updates makes buyers comfortable about purchasing older iPhone models.
- Trade-in & Buyback Prices: The trade-in values Apple presents to customers through its official program match similar market rates but Cashify provides superior offers.
Past data shows that iPhones maintain between 60% and 70% of their initial value after twelve months, thus making them highly lucrative to sell.
Samsung Galaxy S24 Resale Value & Market Demand
Samsung enhances the resale value of its devices by extending software support while improving product build quality. Here is the comparison of iPhone 15 vs Galaxy S24 resale value:
- Frequent launches: Samsung releases various phone models throughout the year, which results in quick depreciation of its products.
- Software updates: The extended software update cycle of 4-5 years has made Samsung phones maintain their value for longer durations.
- Market demand: The Galaxy S24 series attracts many customers yet fails to maintain the same level of continual demand that iPhones achieve.
- Trade-in offers: The Samsung Upgrade Program provides fair trade-in offers, yet Cashify provides better value through their trade-in process.
The value of Android smartphones decreases by 50-60% during their initial year on the market, thus making them less valuable for resale when compared to iPhones.
iPhone 15 vs Galaxy S24 – Which Is Easier to Resell?
Here’s a direct comparison of iPhone 15 vs Galaxy S24 resale value:
- Speed of Resale: The resale speed for iPhones remains faster because people show greater demand for these devices.
- Price Retention: The value of iPhone 15 remains higher than Galaxy S24.
- Buyer Demand: The market shows that customers seek second-hand iPhones in higher numbers than they do Samsung phones.
Verdict: The iPhone 15 provides superior resale value vs Galaxy S24 which makes it the better option for those who want to recover their investment.
Also Read: Samsung Galaxy vs Google Pixel: Which Holds More Resale Value
Why Sell Your Old Smartphone on Cashify?
Cashify provides a smooth and lucrative process to sell your previous smartphone. Customers should choose Cashify because of the following reasons.
- Instant Valuation: The instant evaluation service from Cashify generates instant quotations using device condition assessments and existing market valuations.
- Convenient Selling Process: The selling process at Cashify allows you to conduct transactions from your house without dealing with the uncertainties of direct buyer negotiations.
- Free Doorstep Pickup: You can schedule free doorstep collection without any charge to make selling your device simple.
- Instant Payment: Receive payment instantly upon successful inspection of your device.
- Secure Data Wiping: The Cashify service guarantees complete data security by removing all personal information from your device before it gets resold to protect your privacy.
Steps to Sell on Cashify
The Cashify platform provides a simple process to sell your iPhone 15 or Galaxy S24.
- Visit the Cashify Website: Users can reach the Cashify Website and then proceed to the “Sell Old Phone” from the homepage.
- Choose The Device: Select the brand and choose either sell old Apple iPhone 15 or sell old Samsung Galaxy S24.
- Enter Device Details: Users must fill in precise information regarding device model and condition together with specifications.
- Get an Instant Quote: The website generates immediate market value calculations based on current market trends for your device after you complete the data input.
- Schedule Pickup: You can choose a suitable date for pickup after accepting the offer without any additional fees.
- Prepare Your Device: Check that your device meets inspection standards by making sure it is clean before the scheduled pickup. You should create backups of essential data before proceeding with a sale.
- Complete the Transaction: After successful inspection, you can receive payment immediately through your selected payment method.
Conclusion
The iPhone 15 secures better resale value than Galaxy S24 because it experiences minimal depreciation while attracting more prospective buyers. The Galaxy S24 becomes a suitable choice because Samsung has enhanced its trade-in value system. The resale process at Cashify delivers maximum value to all phone sellers without creating any difficulties during transactions.
Ready to upgrade? Cashify provides the best platform to sell your old device right now.
Also Read: How Trade-in Programs for Samsung Galaxy S24 Affect Resale Market
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.
