iPhone trade-in values ​​dominate in 2021; only one Android phone cracks top five

The trade-in value of iPhones has always been higher than that of Android phones, and last year was no exception. Only one Android smartphone made the top five, and the worst-performing phone lost more than 80% of its value in a year.

The iPhone 12 Pro Max offers the best value, with owners recouping more than two-thirds of what they paid after a year...

Flagship iPhones are also expensive to buy, so SellCell checks pulled its data to see which phones accounted for the highest percentage of their 2020 purchase price when they were traded the following year. The iPhone 12 Pro Max retained 68.3% of its value when traded in one year later.

The iPhone 12 and iPhone 12 Pro performed equally well, with the iPhone 12 mini taking the biggest hit of the 2020 lineup, retaining 56.2% of its original value.

When it comes to Android phones, only the Pixel 5 cracks the top five, losing almost half its value in a year.

Owners of Motorola and LG phones suffered the worst depreciation.

iPhone owners are most likely to trade in their old phone for a new one at the end of a one- or two-year contract, with nine of the 10 phones with the most trade-ins being iPhones.

The iPhone 11 tops the list, with the 11 Pro Max in fourth place. This is to be expected since people will end their two-year contracts on these phones in 2021. As a result, consumers swap out their phones when they're ready to upgrade.

Similarly, it makes sense that we see the iPhone 12 Pro Max in third place. The iPhone 12's 12-month contracts end in 2021, while the 12 Pro Max also held up as its best value last year. So while the iPhone 13 is available in limited quantities, savvy 12 Pro Max owners know they have a great value phone and therefore score a great deal.

Apple also leads the 2021 trade-in list of tablets.

Again, as expected, the fourth-generation iPad Pro 12.9 was the most traded-in tablet of 2021. Why is this not surprising? Well, in addition to the iPhone 13, Apple also launched two new iPads on September 14; iPad 9 and iPad Mini (2021).

Apple fans have been waiting for the updated iPad and iPad Mini. So, they've likely swapped out their trusty iPad Pro to make room for Apple's latest tablet.

Of course, some iPhone buyers prefer to save money by buying used devices. The most popular refurbished phone last year was the iPhone XR - the cheapest upgrade for those looking to upgrade to the current full-screen iPhone form factor.

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