Current Trend
The trade-in price for July fluctuates the most as compared to the previous month. The price difference for iPhone 8 Plus and iPhone XS Max drop as much as $40. On the other hand, the demand from buyers for iPhone 7 Plus increases, causes the buy-back price to bounce up to another $20.
Overall, Apple iPhone still dominates the back-buy market in Singapore, with Samsung Galaxy S8 Plus and Huawei Mate 20 as the only two Android brands squeezing into the top 10 spots.
It is no surprise Huawei Mate 20 can hold its price at $260 throughout July. Buyers who seek a good camera phone are looking out for Huawei instead of equivalent models such as Samsung Galaxy S9 and Google Pixel 3; which is higher in resales price.
Also, we noticed most of the mobile shops is resuming Huawei phone buy-back, fortifying consumers confident.
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