Used Smartphone Buy-Back Trend (September 2019) - SellUp - Blogs

Used Smartphone Buy-Back Trend (September 2019)

Introduction

Every month we put together the TOP TEN mobile phones being sold through SellUp. We hope this guide will provide you a price guide of the most traded-in smartphone in Singapore monthly.

The table also provides a comparison of buy-back price from the previous month.

Used Smartphone Buy-Back Trend in September
*The average buy-back price is based on SellUp collection from local sets and Grade A condition (No dent, no scratch and in working condition) 

Current Trend

What a joyous month for Apple fans! 

Apple has released their new iPhone series - The iPhone 11, which see consumers snapping up the stocks on the first day of launch. 

It is also a month of high trade-in volume, where we see a record number of customers selling their used devices to switch to the new phones. 

It is no surprise to see Apple took up 9 out of 10 spots in the top 10 trade-in devices in September. Apple users took the opportunity to cash out their used iPhone once they have upgraded to the latest iPhone 11. 

iPhone X
iPhone X (256GB) took the top spot for the highest volume of trade-in. Despite the spike in the selling of this model, the price drop is somehow very minimum as compared to the phone value.

We notice only a $50 difference in trade-in value from $790 to $740. 

iPhone X (256GB) was launch in 2017 at a price tag of $1,888.00. For a phone that is two years of age, a near 40% buy-back value is considered pretty good!

This shows that the market is still looking out for this model, hence holding up the price steadily. 
iPhone 8
iPhone 8 and 8 Plus was launch in the same year as iPhone X. We also notice an increased volume for this model, in particular, iPhone 8 Plus (64GB) which trades at $420. 

The most significant price drop is iPhone XS Max (256GB). This model sees the price slides from $1230 to $1030 within a month.

We foresee this price will continue to fall in October as demand for it is not as high due to the high price tag for a used phone.

The only Andriod phone that remains in the chart is Huawei P30 Pro. This model is holding its price steadily, seeing only a $20 price dropped.

It is mainly due to the market demand for this model because of its camera capability and outstanding hardware features.

Following closely behind is Samsung Note 9 (11th position) and Samsung S10e (12th position). 

How Much Is My Device Worth Now?

You can check your device value as according to its physical condition at www.sellup.com.sg. You can locked in the trade-in value for up to 7 days. Check it out now

Need help?

Let us know if you have any queries on our service. Whatsapp or call us at 9336 0575 or email us at service@sellup.com.sg

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