Keep or Sell Your Old iPod? Apple iPod depreciation data revealed

Keep or Sell Your Old iPod? Apple iPod depreciation data revealed

Following the official discontinuation of the last-generation Apple iPod contact earlier this month, the whole line of iPods got here to an finish, and whereas the frenzy to gather the remaining items boosted its worth barely, the gadgets in second-hand continued to expertise extreme depreciation. In response to trade-in worth information collected by SellCell from greater than 40 impartial U.S. resale firms of used digital merchandise, iPods have misplaced a mean of 89 p.c in worth since their launch, starting from 98 p.c for some fashions in 2003 to 71 p.c for seventh-generation iPod contact fashions.

Of the final two Apple iPods launched, the sixth- and seventh-generation iPod contact fashions stay probably the most beneficial, particularly in greater storage configurations. The 256GB seventh-generation iPod contact has the very best resale worth; with house owners getting about $100 if the unit is in good situation; and barely older fashions with smaller storage configurations for about $60. Apple iPod fashions from 2012 or earlier price a mean of simply $28; with the very best worth mannequin being the 160GB seventh-generation iPod Traditional for $61.1.

Used Apple iPods might not be price protecting regardless of rising worth after discontinuation

Apple iPods on common have depreciated by 89% since launch. That is, nonetheless, extremely gradual depreciation contemplating among the iPods are 20 years previous. Depreciation ranges from 98% (2003 vary) to 71% for newer 2019 iPods. Newer iPods nonetheless retain a reasonably good resale worth; with the iPod Contact seventh Gen 128GB nonetheless price $70 (good situation); iPod Contact seventh Gen 256GB nonetheless price $100 (good situation); and the iPod Contact sixth Gen 128GB price $60 (good situation)

Whereas the typical resale worth of iPods has remained pretty secure over the previous six months, there was a slight restoration in worth of two.9% since Apple introduced the top of manufacturing of the final iPod. Information from used iPod worth monitoring confirmed that the typical depreciation fee on Could 1 was 86.3%; falling to 83.4% on Could 16. Most notably, the 16GB seventh-generation iPod nano has recovered 13.4% in worth since Apple introduced the top of the road earlier this month. Some fashions might even see additional enhancements over time.

Total, the info suggests that almost all used iPods will proceed to depreciate over time. Which means now may be time to promote a used iPod; particularly as curiosity within the system will increase; there might be some rebound in worth and presumably additional will increase within the coming weeks. The precise affect of Apple’s resolution to discontinue the iPod on the resale worth of used gadgets will develop into clearer within the coming months.