Apple remains the top buy-back brands among local consumers. Samsung manage took 2 spots among the top 10 models. In June, we see very subtle movement in price difference; only $10 in a span of one month.
We also see iPhone 8 actually increases in buy-back value. This could be caused by demand in overseas market for a phone replacement and iPhone 8 has settled at an acceptable price range within the consumer budget.
Huawei buy-back continue to feel the impact since the US announced the ban in mid-May. Although this ban was lifted in late June, it greatly affected the consumer confidence in buying Huawei phone. As a result, sellers have difficulty finding buyers to take in Huawei phone. SellUp was one of the few licensed dealers to take in used and new Huawei during the ordeal.