iPhone price shock! Why you should sell your Apple smartphone NOW

iPhone price shock! Why you should sell your Apple smartphone NOW

We’re almost into the autumn and that means one thing in the tech calendar – the launch of a new iPhone. Apple is renowned for unveiling its latest and greatest call makers in September and 2021 looks set to be another blockbuster year with rumours suggesting that this next-generation phone will get an improved screen with a speedy 120Hz refresh rate, better camera and much faster processing power.

Although Apple is yet to confirm when its next launch will take place, recent reports are suggesting one of the firm’s famous keynotes could get underway as early as September 17. If true, that means there’s not long left before the current range of iPhones starts to look more than a little outdated.

In fact, if you have an older model in your pocket it could be a good idea to find the box, give the phone a clean and sell it before the new iPhone 13 arrives in stores. That’s the advice from online retailer Envirofone who says that some iPhones could fall in value over the next few months with some seeing as much as £165 wiped from their current resale price.

For example, the iPhone 12 (256GB) is currently worth a generous £530 on trade-in sites but Envirofone reckons this will drop by £122 by October 2021.

If you own a fully loaded iPhone 12 Pro Max (512GB) you could see as much as £164 wiped from the value in just six weeks time.

READ MORE: Samsung issues final warning over plans to DELETE your photos and videos

There are loads of trade-in sites available including Mazuma Mobile, Compare and Recycle, MusicMagpie, Envirofone and Compare My Mobile.

Speaking about the upcoming price crash, Denise Timmis, brand manager at Envirofone said: “Many consumers make the mistake of trading in their older iPhone once they have their hands on the latest device, but our research reveals the month before is when iPhones hold their highest value after a new model has been released.”

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