The Samsung Galaxy S10 Plus’ resale value fell more than that of any other phone over the course of 2019, according to a new study.
BankMyCell, a comparison site for trading in gadgets, says the S10 Plus’ resale value fell by a whopping $373 last year (the report is based on US data only). Since the handset only came out in March, that means it lost nearly $400 of resale value in approximately nine months.
In fact, three members of the S10 family and three members of Google’s Pixel family appear in the top 10 list of phones that lost the most resale value between January 1, 2019 and December 31, 2019:
These are extremely disheartening figures, which help illustrate the vicious cycle that consumers can find themselves trapped in.
Flagship smartphones are getting increasingly expensive…