Galaxies, iPhones, Sony or LG? And the depreciating phone brand losing most value is…
Besides design, specs and street cred, there is another important variable to explore while choosing a phone – value retention. What good is the snazzy flagship you paid close to a grand for, if a few months after its introduction it would have become an upper midranger, and, more importantly, lost a whole midrange price tag in value?This is why we are curious to know if last year’s flagships, for example, are ageing gracefully. After all, 2018 was the year when average phone prices hit a record, and there’s never been such a price jump year-on-year, thanks mainly to “1K” phones like the iPhones and Notes, but also to other high-ends from Google, Huawei or Sony that saw a price boost compared to their predecessors, and the trend seems likely to continue this year.
Still, the moral of the story is that your new phone is a money-losing machine just like a new car, and buying last year’s flagship of your favorite brand seems to be the smartest financial move when it comes to phone purchases.