Samsung Offers Less Trade in Value of Their Note 9 than Last Year's iPhone X

LHellcat on 23/02/2019 - 02:31
Last edited 23/02/2019 - 02:59 by 1 other user

I just saw the new Samsung fold phone and was checking in on Samsung website how much it will cost me to trade up.

It's said for my note 9 that I paid $1400 just 2 months ago they will pay me $500. Out of curiosity I checked some other phones trade in values and surprisingly found out that they offer $640 for the older iPhone x. That phone is almost 2 years old now and Samsung still values it more than their own current flagship phone.

Do Samsung phones depreciate so much more than the iPhone's? If so I wonder why. Are they built poorly or overpriced?

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• 

  ozhunter on 23/02/2019 - 02:50

  iphones do keep their value better because if you want itunes or the Apple app store, the only phone you'd get is the iphone.

  With android, there so many android phones from which you can choose.

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  bobbified on 23/02/2019 - 03:07

  +3

  Do Samsung phones depreciate so much more than the iPhone's? If so I wonder why. Are they built poorly or overpriced?

  Two words: Market demand.

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  savage bargain on 23/02/2019 - 03:33

  +6

  Also someone already using Samsung is going to be likelier to upgrade whereas with Apple, there's more work in shifting over, hence maybe paying extra to entice them.

  • 

    outlander on 23/02/2019 - 13:17

    Bingo. Same reason telecom companies give greater incentives to gain new customers than to keep existing ones.

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    RockyRaccoon on 24/02/2019 - 17:22

    Sorta makes sense, but to offer 1/3rd of the original price after 5 months is a very hefty discount, and wouldnt you want them to move your loyal customers to your latest device, at least with the same incentive as those with a competitors product. Or is Samsung just emulating the Australian Banking sector?

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  CyberMurning on 23/02/2019 - 07:39

  +1

  my note 9 that I paid $1400 just 2 months ago they will pay me $500.

  I offer 518. Good Lucky number.

  • 

    mbck on 23/02/2019 - 09:10

    I offer 518.88

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  wwwwwwwwwwwwwwwwww on 23/02/2019 - 10:14

  Apple offering $820 for my iphone x 256gb & samsung offering $740 for a 1.5 year phone

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  conservative on 23/02/2019 - 10:22

  +1

  People are willing to pay more for iphones. Why so surprised?

  Why on earth do you want a new phone after 5 months? Priorities of some people are mad. Keep it for 3 years instead of being a sucker to consumerism.

  • 

    Halo375 on 23/02/2019 - 11:01

    Plus the first generation of the Fold is likely to have lots of faults. Save your phone and buy the second generation a year later.

    • 

      conservative on 23/02/2019 - 11:04

      The fold is just on another level. Most likely bought by business people and well off individuals.

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    Hellcat on 24/02/2019 - 01:31

    I didn't want the note 9 in first place but I had to buy it as I got a refund for my other phone and needed to spend the money in one transaction. The only phones more expensive than my refund amount was the note 9 and mate 20 pro. As I needed a phone I ended up buying it but my Initial plan was to upgrade to the folding phone when it comes out. I never thought that the phone with depreciate 2/3rd of its value in 3 months.

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  N1NJ4W4RR10R on 26/02/2019 - 22:37

  For the same reason Samsung typically sells their flagships for a bit less then Apples despite generally having more features. Just comes down to perceived value.

  Iphones don't hold value for longer for any reason other then just being Apple.

  Don't worry about build quality and the like, they're both the same…also both qualify as "overpriced", although I suppose SS actually gives you features for that, rather then taking them away.

  As a side note, that's bloody underpriced as hell for the note 9. Thing'd stull easily fetch yah $700 - $900 at least selling second hand.