All iPhone owners given 30 day warning to act | Tech News

Compared to most Android telephones, Apple iPhones keep their worth fairly effectively, that means you’re normally ready to sell your iPhone for a respectable quantity when the time comes for you to improve. But a firm that specialises in promoting secondhand tech is warning that resale worth may drop by up to as a lot as 30 p.c after the iPhone 17 launches.

Sam Wilson, director at Gadget GoGo, warns that in case you own an iPhone and are pondering of promoting it to help fund your subsequent smartphone buy, you solely have 30 days to accomplish that earlier than you’ll be able to anticipate a drop in your handset’s present resale worth.

“The iPhone resale market stays the same year after year, yet most people still wait until after the new models are announced to sell their old phones,” Wilson stated. “By then, it’s too late, and the market becomes saturated with old models and values drop.”

He stated the mere announcement of a new iPhone will set off a related price drop on present telephones that has been seen in earlier years, the place iPhones are aged by the introduction of a new model.

“Pro and Pro Max versions can lose £150-300 in value within the first month after a new launch,” Wilson said. “That’s a lot of money they could have pocketed by acting just a few weeks earlier.”

So, when you’ve got an iPhone 16 Pro or 16 Pro Max and are contemplating promoting it to fund your iPhone 17 buy, now might be the time.

Wilson even says that older telephones such because the iPhone 13 from 2021 or iPhone 14 from 2022 would sell for more now reasonably than in a month’s time.

“Even if you’re using an iPhone that’s a few years old, you’ll still see a big drop in value after the new announcement.”

According to rumours, Apple is set to announce the iPhone 17 on September 9, 2025, which is consistent with the standard Tuesday date. If the tech giant acts because it has in earlier years, that would imply the iPhone 17 line up shall be obtainable for pre-order on Friday September 12, which provides you 30 days from immediately to sell up by September 11.

The iPhone 17 is rumoured to be joined by the iPhone 17 Pro and 17 Pro Max, in addition to a particular new ultra-thin model, probably to be named the iPhone 17 Air.

These handsets may go on common sale on Friday September 19, by which time Wilson reckons your present iPhone received’t sell for as a lot because the secondhand market at present deems it’s value.

“iPhones generally retain their value better than other brands, which makes the timing of selling even more important. You’re starting from a higher resale value, so the actual amount you lose by waiting can be huge,” he stated.

“Start the selling process now, even if you plan to upgrade in September. A lot of buyback services allow you to lock in a price today but keep using your phone for a few more weeks.”

People are holding onto their telephones for longer as they see little motive to improve yr over yr. If that’s you, and your iPhone is a few years previous, it appears the advice is to sell as quickly as potential if you would like to recoup as a lot of the initial price as potential.

You may of course put this money in direction of a refurbished or secondhand cellphone reasonably than stumping up lots of for the most recent iPhone 17 when it hits shops.