Trading on your old smartphone when buying a new one is not rocket science. A lot of people get the latest flagship every year, trading in half (or more) of the latest device in last year’s latest tech. But two years after its launch, a popular Android phone Probably You get a 200 discount, while a budget phone is thrown straight into the recycling bin. Three years later, it’s hard to bring it to the store.
But 2021 has proved that old phones are a valuable commodity. If you play your card correctly, your old phone can easily score you a brand new phone.
Old phones are a precious commodity.
We first saw this trend with the Samsung Galaxy Z Flip 3. As soon as it launched, AT&T offered ان 1,000 for free with the trade-in, even if the market value of the traded phone was very low. $ 200 Moto G Power, 4 year old Galaxy S8, 5 year old iPhone 7 – all of these are “worth” AT 1,000 for AT&T.
The logic behind irrational trade
The motive behind this deal theft is clear. Changing careers is a hassle and many people cling to it for years due to habit or laziness. An attractive business on a new phone can take people out of their comfort zone, and give your business a career for decades to come. And if one carrier is as good as the other for 5G coverage in your area, why not switch?
During Black Friday and Cyber Monday, this career trend only got worse. If you want Z Fold 3, you can get up to-1,050, $ 1,300, or $ 1,600 discount and trade-in credit from T-Mobile, AT&T, or Verizon (respectively).
Want a brand new Pixel 6, the best Android phone of the year? You can pay ایک 600 for one from Google, or get free (or at a huge discount) from Verizon with the right trade. During Black Friday, I noticed that you can buy a discounted Galaxy A51 from Amazon for 100, then deliver it to Verizon from Pixel 6 for $ 350.
Carriers don’t really care about the true value of the trade-in phone. Right now, AT&T will give you a discount of $ 800 on the Pixel 6 Pro for the Galaxy S8, or $ 35 on the Pixel 6 for the same Galaxy S8. The same is true of the current Verizon deals of Best Buy on Galaxy S21 phones, where a Pixel 4a, iPhone X, or Galaxy A42 will save you like the flagship of 2021: $ 800.
There is no poetry or reason for it. Carriers will increase or enforce market value based on which phone they are trying to advance. Although the Pixel 6 Pro is in short supply, thanks to a lack of chips, AT&T and Google Really Want this fantastic flagship to sell fast, and who are we to look like a gift horse in the mouth?
Losing money to make money
It’s not just the careers that are playing the leading game at a loss. Until December 5, Samsung will give you a discount of an unlocked Z Flip 3 or Fold 3 $ 100 / $ 250, with a better trade credit of up to $ 650 / $ 900 for Flip or Fold. This is an argument Very Better deal than the above, as it does not bundle some expensive unlimited plans or line upgrades with your phone.
Why is Samsung practically offering two well-reviewed, exciting phones? As Samsung seeks to bring foldable devices into the mainstream, and with its mobile business at a disadvantage compared to Xiaomi, it needs to win public sales as much as it needs money to grow in the future.
People will happily spend a fortune on a well-known, trusted brand – your Galaxy S21s or iPhone 13 Pros – but almost no one used a foldable one until this year. Now, Samsung will reportedly ship 3.5-4 million Z Flip 3s by the end of 2021, thanks to its high quality and affordability.
Then there is Z Fold 3. That’s about 22% of the Q3 2021 foldable sales, or about 610,000 units. But the DSCC says it will reach about 1.33 million sales in the last three months of the year. I promise you there is no way Samsung can get close to this level if everyone really has to spend $ 1,800 on one, no matter how good the phone is.
Consumer friendly trade offers help boost sales of experimental phones that are too big to fail.
In the coming years, companies are going to release other experimental phones that are too big to fail. Delayed pixel fold or Apple’s long rumored foldable iPhone like phone. Or a phone like the LG Wing What Failed to sell despite Verizon’s $ 750 offer, shutting down LG’s smartphone business.
Like Samsung, these companies will need more sales to justify the many years of hard work and millions of R&D costs that went into these phones. So don’t be surprised if they offer ridiculously low discounts on foldable or rollable phones along with carriers, no one wants to replace old phones anymore.
Spend your time
Until recently, the trade-in value of Android phones was in the trash, falling twice as fast as the value of iPhones. And there’s no need for an analyst to determine why: even Android flagships received only two software updates, making their longevity questionable.
The phones you buy today will give you disproportionate returns on investment in a few years.
Now, Android is in the midst of an updated restoration. Google has promised three OS updates and five years of security updates for the Pixel 6, thanks to Google Tensor, and plans to add Google Tensor to the Pixel 6a as well. Samsung is offering three OS updates and four years of security updates for all its phones, while OnePlus, OPPO, and Xiaomi will do the same for their flagships.
Your new 2021 phone will retain more market value than the old Android phones in a few years. Even a mid-range phone today could become a valuable commercial item in 2023-4.
Famous brands are fighting to stay relevant with the dangerous, innovative phones, you are likely to see more holiday deals like this, where any old handset can give you disproportionate return on investment.
So, if you are replacing your old phone with a new one. Without A great commercial offer, I would argue that you should play a long game. Store your old phone in a drawer for a year or two and wait for the right moment to strike. If it doesn’t work, you can (and should) recycle it if no amazing deal comes along. But by passing $ 100 now, you can easily save a lot later.