Tag

Resale Value

All articles tagged with #resale value

iPhone 17 Pro Max Climbs to No. 1 in Trade-In Rankings
technology9 days ago

iPhone 17 Pro Max Climbs to No. 1 in Trade-In Rankings

SellCell data shows the iPhone 17 Pro Max has become the most traded-in smartphone, accounting for 11.5% of top-20 trade-ins by early February (up from 5.1% in late November). Most traded units are in mint or good condition. The 17 Pro Max depreciates about 7% less than the iPhone 16 Pro Max over 145 days, translating to roughly $95 more retained value, while mint-condition units average about $967.50 in resale. The top-20 devices represent about 47% of trade-in activity, with the iPhone 15 Pro Max and 14 Pro Max also remaining prominent. The trend suggests strong resale pricing amid broader economic factors.

Chevrolet Corvette Defies Depreciation Trends, Only 12% Down After Five Years
business1 month ago

Chevrolet Corvette Defies Depreciation Trends, Only 12% Down After Five Years

KBB estimates the 2021 Corvette Stingray’s five-year resale value at about $53,600 in January 2026, roughly 12% below its $60,995 original price, signaling strong value retention for a sports car. Industry estimates vary widely: CarEdge foresees up to 44% depreciation for a new Corvette over five years, while iSeeCars puts traditional gas coupes at ~26% and convertibles up to 36%. Among rivals, the Porsche 911 holds value best (about 0.15% depreciation), with Lexus LC (~37%) and Audi R8 (~16%) showing different resale performance.

economics4 months ago

Used EV Prices Drop Faster Than Gas Cars in 2025

The faster depreciation of EVs compared to gas cars is largely due to rapid technological advancements making older models less desirable, coupled with market factors like subsidies and high initial prices. While EVs lose value quickly, this trend may reflect ongoing innovation rather than lack of demand, and improvements in battery technology and new models suggest the depreciation rate could stabilize over time.

Used Electric Vehicles: Resale Trends and Top Picks for 2025
business4 months ago

Used Electric Vehicles: Resale Trends and Top Picks for 2025

The resale value of electric vehicles is rapidly declining worldwide, especially impacting fleet operators and private owners, due to uncertainties about battery lifespan and market valuation, with Tesla retaining value better than Chinese brands, and regional differences affecting resale prices. Emerging battery-as-a-service models and improved battery data are seen as potential solutions to stabilize the market.

"Oscar Statue Resale Value Regulated as Jimmy Kimmel Hosts 2024 Awards"
entertainment2 years ago

"Oscar Statue Resale Value Regulated as Jimmy Kimmel Hosts 2024 Awards"

The resale value of an Oscar statue is strictly regulated by the Academy of Motion Picture Arts and Sciences, with winners required to sign an agreement prohibiting resale without first offering it to the Academy for $1. Legal battles have ensued when individuals attempted to sell their Oscars without adhering to this rule, but there have been instances where the Academy lost cases against resale. Notable sales include Michael Jackson purchasing an Oscar for $1.5 million and Steven Spielberg buying Clark Gable's Oscar for $607,500.

"JLR Range Rovers: Theft Epidemic Triggers Plummeting Values and Soaring Insurance Costs"
automotive2 years ago

"JLR Range Rovers: Theft Epidemic Triggers Plummeting Values and Soaring Insurance Costs"

Range Rovers have become a prime target for thieves in the UK, leading to a surge in thefts and a decline in their resale value. Criminals have developed sophisticated methods, including relay attacks, to steal these luxury SUVs. The theft epidemic has made it difficult to insure Range Rovers in major UK areas. In response, Jaguar Land Rover (JLR) has invested £10 million in retrofitting older models to enhance their security and reduce thefts. While these measures have resulted in a 40% decrease in stolen Range Rovers, the resale value of the vehicles has dropped by 9.3% due to widespread knowledge of their vulnerability. However, sales of new Range Rovers remain strong, indicating that the thefts have not deterred buyers.

Car-rental Giants Sixt and Hertz Phasing Out Tesla EVs Due to Resale Value and Unforeseen Issues
business2 years ago

Car-rental Giants Sixt and Hertz Phasing Out Tesla EVs Due to Resale Value and Unforeseen Issues

Car-rental company Sixt is phasing out Tesla's electric vehicles (EVs) from its fleet due to lower resale value and higher repair costs. The decision comes as Tesla's price cuts have impacted residual values. Sixt still plans to electrify up to 90% of its fleet in Europe by the end of the decade. This follows similar concerns raised by Hertz Global Holdings about the rental Teslas and fleet value. Tesla shares traded lower, down 1.4% on Monday, but have seen significant yearly gains.

automotive2 years ago

Tesla Model 3 Depreciation and Service Woes Drive Owner to Subaru

After nearly 4 years of ownership, a Tesla Model 3 Standard Range Plus has depreciated by 58%, with an estimated trade-in value of just over $20,000, representing 42% of its initial purchase price. However, when factoring in the exclusion of Full Self Driving (FSD) from the original price, the depreciation rate increases to 51.5%. The author contemplates trading in the vehicle but expects the trade-in value to remain relatively stable in the coming years.

"Revealing the Resale Value Impact of Your Kitchen Cabinet Color"
home-improvement2 years ago

"Revealing the Resale Value Impact of Your Kitchen Cabinet Color"

When it comes to kitchen cabinets, white is the preferred color for potential homebuyers, according to real estate agent Jennifer Leahy. Dark colors, such as deep blue, are seen as a commitment and may deter buyers. Leahy advises sellers to paint their cabinets white to appeal to a wider audience. However, if you plan on staying in your home for a while, you can still consider blue cabinets, as trends change over time.

Why iPhone 8 and X owners should consider selling or upgrading soon.
technology2 years ago

Why iPhone 8 and X owners should consider selling or upgrading soon.

iPhone X and iPhone 8 users won't be able to download the new iOS 17, which could lead to a significant drop in their resale value, as they become more vulnerable to security threats. Last year, iPhone 6S and iPhone 7 series lost approximately 42.8% of their worth between the announcement of iOS 16 beta and its public release. SellCell suggests selling your phone around that time if you want to get the best possible price.

Comparing Depreciation: iPhone 14 vs Galaxy S23 vs Pixel 7
technology2 years ago

Comparing Depreciation: iPhone 14 vs Galaxy S23 vs Pixel 7

A new report from sellcell shows that the iPhone 14 lineup retains its value better than Samsung's new S23 lineup and Google's Pixel 7 devices. The latest iPhones saw a drop in value of 32.3% in the first month compared to 41.1% and 43.1% for the Galaxy S23 and Pixel 7 device averages, respectively. After two months, the study found iPhone values actually improved, while Galaxy and Pixel values continued to decline. The iPhone 13 lineup did even better, only losing an average of 23.4% of value after two months compared to the 31% that the iPhone 14 lineup averaged.