2020-2021 Phone Depreciation Report: BankMyCell Shows Which Phones Burn Consumers Cash
NEW YORK, Jan. 21, 2021 /PRNewswire-PRWeb/ -- Through 2020-2021, cell phone trade-in site BankMyCell tracked 310 device resale values from multiple vendors, hourly.
- NEW YORK, Jan. 21, 2021 /PRNewswire-PRWeb/ -- Through 2020-2021, cell phone trade-in site BankMyCell tracked 310 device resale values from multiple vendors, hourly.
- On average, Android devices with launch prices of $350 or under lose half their trade-in value in just one year.
- In 2020, the average trade-in depreciation of all Google Pixel phones was -38.46% across all models and storage sizes.
- We tracked 310 phone's depreciation across nine popular phone brands to see which lost the most in 2020.