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Your Galaxy S22 may have lost more than half its value since you bought it
- The Samsung Galaxy S22 range depreciates by over 47% in resale value vs. the Google Pixel 6 range at 42% and the iPhone 13 series at 16%.
- The Galaxy S22 Plus lost almost 58% of its value two months since its launch.
The Samsung Galaxy S22 phones may not be worth much just months after purchase. According to a study conducted by SellCell (h/t ZDNet), a popular US trade-in website for smartphones, Samsung’s current flagships can lose half their value in just a month.
SellCell used internal data to analyze the depreciation values of the iPhone 13, Galaxy S22, and Pixel 6 lines over the first two months of their launch. All devices were considered “like new” or in “good” condition.
The findings showed a stark drop for the Galaxy S22 range and the Pixel 6 duo.
The Samsung Galaxy S22 range lost the most value on average, at 51.1% in (Good) and 46.8% (Like New). The Pixel 6 range followed it at 43.5% (Good) and 41.5% (Like New), and the iPhone 13 range at only 16.4% and 19.1%.
More specifically, the Galaxy S22 Plus with 128GB storage emerged as the worst performer. As per the report, an S22 Plus in good condition depreciates by an astronomical 57.5%, while one that’s almost new goes down by 53.8% in value. That’s a loss of up to $574.99 of what you paid for the phone.
Google’s worst performer turned out to be the Pixel 6 Pro 256GB version. It saw 47.9% (Good) and 45.7% (Like New) depreciation two months after its launch. That’s a loss of up to $479.00 in cash terms.
The phone that retained most of its value was the iPhone 13 Pro Max. It saw single-digit depreciation at 4.7% (Good) and 3.8% (Like New) — a maximum cash loss of just $52 since launch.