Apple and its customers are getting ready for the launch of the new generation of iPhones. According to rumors, the iPhone 15 may be introduced by Apple on September 12.
With the date approaching, experts are advising anyone who is going to sell their phone to buy a new one later, to act now, as the value of all models is expected to drop.
Cellphone trade-in company Sellcell predicts that trade-in prices will drop by 16% after the new models hit the market. And according to Envirofone, the sale or trade-in value for the iPhone 14 Pro will drop by 16 percent as the launch date of the new products approaches.
The iPhone 14 Pro retails for around $820 on average at the moment, but after launch, the price could drop by $130.
In the past, older iPhones have lost between 60 percent and 65 percent of their original recommended retail price (RRP) 28 days before the launch of a new model.This means that the ideal time to sell your old mobile would be before August 26.
