Released in 2019, the Apple iPhone 11 is no longer the best cellphone money can buy. But even today, a used iPhone 11 is still worth something. Technology doesn’t age well, and, unfortunately, iPhones are not immune to depreciation either.
So if you own an older iPhone model, now is a perfect time to shop around for offers while you still can recover some money out of it.
This post will give you an idea of how much a used iPhone 11 is worth today and where to resell it.
Do iPhones hold a Better Resale Value Compared to Other Smartphone Brands?
While the resale price of any used gadget depends on many factors, a brand would be one of the determining ones. And yes, used iPhones are more expensive, just because Apple makes them. As a result, iPhone has almost become a statement, a sign of status, if you will. But that’s not the only reason. iPhones set themselves apart because of high-quality components and impeccable design. For example, even the tiny little iPhone 13 Mini is powered by the mighty Apple A15 Bionic chipset and is comparable to a pocket computer.
Another argument in favor of Apple phones is continuous software support. Because iOS updates are supported by virtually all iPhone models, buying an older used iPhone is sensible for many frugal consumers.
However, one can argue that there is no such thing as a budget Apple phone. While there is an Android phone for every budget, you cannot buy a new iPhone for cheap. As a result, even an older used Apple, such as iPhone 11, is usually worth more than a more recent Samsung.
And here we start noticing an interesting trend. On the one hand, any iPhone model dramatically drops in value as soon as it is taken out of the box, just like any other gadget would. On the other hand, however, fast-forward a couple of years, and your used iPhone 11 is still worth something. But when you look at the Google Pixel 3a, released the same year, it can hardly be resold.
So How Much is a Used iPhone 11 Worth Today?
Aside from the manufacturer, the resale value of a used phone depends on the release year, configuration, functional state, and cosmetic condition. Just take a look at the iPhone 6, for example. Made back in 2014, today, it is of very little interest to consumers and barely has any resale value at all on any marketplace you look. And that is because technology gets updated so fast. But the iPhone 11 is only three years old, so you can still expect a good return if you decide to sell.
If you always keep your phone in a case, have a screen protector, and do basic maintenance, you have a much better chance of reselling your iPhone 11 faster while setting a higher asking price.
iPhone 11 Trade-in Value as of March 2022
Naturally, the iPhone 11 Pro and Pro Max versions have higher resale value. But let’s take a look at the current value of the base iPhone 11 model:
- A fully functional unlocked iPhone 11 256GB can be resold for up to $250.*
- Users can sell their pre-owned Apple iPhone 11 64GB for AT&T for up to a $206 cash offer.*
- 128GB iPhone 11 for Sprint or T-Mobile goes for about $205 fully functional.*
We should note that most companies, us Gadget Salvation included, do not accept locked iPhones and those that are financed and/or have balances. And if you want to maximize the return, please unlock your iPhone 11, as those have a higher resale value.
Bottom Line
Even though the Apple iPhone 11 model is now three years old, it still has pretty good resale value on second-hand marketplaces. As you can see, an iPhone has a clear advantage over Android phones in that regard. And because it is made with recycled materials, iPhone 11 lineup lifespan gets extended even further.
