iPhone 15 depreciated the slowest in 2023 but Galaxy S23 was the real show stealer،
Now that 2024 is over, it's worth taking a look back at how the best smartphones of 2023 have held their value. Online smartphone marketplace and price comparison site SellCell published a report that tells us how different brands performed in terms of depreciation.
Apple smartphones tend to retain their value better than Android flagships and the iPhone 15 confirmed this trend. Three months after the release, the iPhone15 had lost only 27.9 percent of its value, 27.1 percent less than other flagships. The range even exceeded that of the iPhone 14 by 5%.
The best model in the lineup was the 256GB iPhone 15 Pro Max, which depreciated just 18.2% in the first three months. Miscellaneous iPhone15 models dominated the list of most discounted phones of 2023.
The Galaxy S23 series has retained its value better than other Android phones. It lost up to 32.8% less in value than other Android flagships, making it the best choice for those who don't stick to one phone for that long.
THE Galaxy S23 The family had lost 43.5 percent of its value in the first two months and another 1.5 percent in the third month. In contrast, the Galaxy S22 depreciated by 46.8% in the first two months alone.
The 256GB Galaxy S23 Plus was the star and only lost 35.3% of its value three months after going on sale.
Unfortunately for Samsung, the model that depreciated the most among the handsets analyzed was the Galaxy S23 FE, which depreciated by an astronomical rate of 68.4% three months after its release.
The Google Pixel 8 saw its value drop 61.2% in the first three months and what's crazier is that it was outperformed by the Pixel 7a, which lost 52.5% of its value. value over a comparable period.
Surprisingly, the OnePlus 11 also did better than the Pixel 8, with a depreciation of 48.5 percent in the first three months. It's not impressive, however, and the performance was bad enough to put the phone among the 15 most undervalued phones on the 2023 list. Galaxy S23 phones were also part of this list, but one could argue that one of the reasons why Galaxy S23 did not do as well as the iPhone15 was that Samsung and third-party retailers were offering discounts on the Galaxy S23which affected its resale value.
