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174 posts

Master Geek


#115868 9-Apr-2013 22:25
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I broke the battery connector on my wifes Iphone, its all fixed now but in the mean time I was watching Iphone 4 and 4s auctions on Trademe. The resale value of Iphones is unbelievable, an average condition iphone 4 16GB regularly goes for around $450 - I saw two iphone 4's with faults go for around $300, one a screen fault and one a digitizer fault, the latter a wine spill casualty. In both cases the buyer was taking the gamble that it was repairable with cheap parts rather than being a mainboard fault.

The story on the screen fault was that a drop caused corrupt images on the screen, the was it was written made me think they actually already knew a new screen wouldn't fix it - I can just imagine it being relisted again with a "A clever buyer can probably fix this with a cheap screen but I don't have the skill" kind of message in a week.

I got my Iphone 4 cheap on a plan and my replacement 32gb iphone 5 two years later for free on a plan, I gave my wife my iphone 4 but if I'd sold that for $450 second hand I only paid $250 or $300. Two years from now I can sell my free Iphone 5 for another $450 or more when I resign for a free Iphone 5s / 6 / 7.

I cannot believe how these things keep their value although I have to say, until I broke my wifes iphone 4 changing batteries too many times (buying crap aftermarket batteries on trademe that had less life than the 30 month old factory one) it still worked as well as the day I got it.

You can buy an original Samsung Galaxy S i9000 *BRAND NEW* on Trademe for $295 and thats Samsungs closest competitor releases within a month or two of the Iphone 4. Not to mention the Samsung with languish on Android 2.3 (keeping it official) and the Iphone 4 still runs the latest release iOS.

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  #795894 9-Apr-2013 22:47
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I know, I'm always amazed at how these things retain their value. Friends have asked me to find them a cheap one on trademe in the past and I've said you'd need to budget atleast 400 at least for a decent working iPhone.

I do feel good though knowing I'll get a decent amount back from this phone when I eventually decide to upgrade.





Bachelor of Computing Systems (2015)

 

--

 

Late 2013 MacBook Pro with Retina Display (4GB/2.4GHz i5/128GB SSD) - HP DV6 (8GB/2.8GHz i7/120GB SSD + 750GB HDD)
iPhone 6S + (64GB/Gold/Vodafone NZ) - Xperia Z C6603 (16GB/White/Spark NZ)

Sam, Auckland 


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  #795900 9-Apr-2013 23:10
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True, they do hold their resale value very well. That's why I got an iPhone 5 at my contract renewal, since I knew it would sell for good money.

On contract they're pretty good in that way, off contract you pay a fair premium over their Android counterparts though, so the value for money proposition isn't quite as good there depending on how often you change phones.

FYI: the original Galaxy S was released 6 months before the iPhone 4.




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Master Geek


  #795902 9-Apr-2013 23:15
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NZtechfreak: True, they do hold their resale value very well. That's why I got an iPhone 5 at my contract renewal, since I knew it would sell for good money.

On contract they're pretty good in that way, off contract you pay a fair premium over their Android counterparts though, so the value for money proposition isn't quite as good there depending on how often you change phones.

FYI: the original Galaxy S was released 6 months before the iPhone 4.


Maybe here, buy according to Wikipedia both released June 2010 so in terms of platform age they are the same so I figure a pretty fair comparison. They've both been superseded twice (ignoring the s4 that's not yet in people's hands).

Can't stand OsX personally but I'm definitely an ios fanboy!

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  #795906 9-Apr-2013 23:33
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It's the same with flagship Droids. Galaxy S2 still sells for $300 as of last week




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  #795908 9-Apr-2013 23:40
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The thing is though that you can buy samsung droids a lot cheaper than iphones, as that you can buy them heavily discounted. Apples aren't usually heavily discounted ever. eg I got my s3 for about $650, when the iphone 5 is over $1000. But both retail for about $1k. So even if I didn't sell mine in a year, I have already made back the money that I could have sold it for in a few years, from the discount I got. So if it doesn't fetch as much when/if I sell it as a comparable iphone, it doesn't really matter, as overall the buy price, minus the sell price would be a lot less for a comparable iphone.

It isn't just apple iphones. Also ipods. I saw a one day deal website selling a 2nd or 3rd gen refurbished ipod touchs (which are about 3 or 4 years old) for not much less than a 4th gen ipod touch is new, and more than 50% had sold.

Whats up with product names turning into amazon product links? Haven't seen that before.

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  #795917 10-Apr-2013 00:07
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People perceived Apple products are good as a result of their excellent marketing. On trademe, most people who bought Apple product don't have a clue about what are they actually buying. One guy I knew just paid 400 for iPhone 3GS on trademe and he thinks that's cheap since new iPhone cost 1k. That phone is 3 years old+.

I also remember selling my 3 year old MacBook at 1 reserve. That laptop also has some crack. I paid 1500, sold it around 1200. The Guy who bought that laptop from me think the winning price is so cheap and he felt bad for *ripping me off*. He gave me 20 extra.

Apple also control their prices. Basically wherever you bought the phone, the price should be the same after currency conversion. Parallel imported Android phones cost much less.

Bought original galaxy note last year from einfo for about 650 (parallel imported), Vodafone was still selling it at 1k at the time. I put this phone on trademe and sold it close to 500 last month. Roughly it depreciated $15 per month.





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Master Geek


  #795931 10-Apr-2013 07:35
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I have a feeling the thread should be titled " Another reason NZ'ers are complete fools on TradeMe"....   Frown 



 
 
 
 


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  #795932 10-Apr-2013 07:38
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I really fail to see the point of these types of threads as all it does it pit one tribe against another for no other reason than the amusement of the OP's.

Suffice if you are happy with what you brought at the time there is no need to continually justify your purchase by demeaning the opposition.





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  #795944 10-Apr-2013 08:08
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jeffnz: I really fail to see the point of these types of threads as all it does it pit one tribe against another for no other reason than the amusement of the OP's.

Suffice if you are happy with what you brought at the time there is no need to continually justify your purchase by demeaning the opposition.



Completely agree. I use Apple.  Them and us or us and them, at the end of the day both sides are good, its what ticks your key tickboxes.

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  #795951 10-Apr-2013 08:23
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I consistently pan off older Apple items for 80% value or more. There was never a need to sell it cheap - but that reflected the true value of the item in the first place as there weren't any defects and had been well looked after.

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  #795969 10-Apr-2013 08:50
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There is always the argument that the user experience is less drastic between different generations of apple handsets whereas android and in particular Samsung up the ante drastically with each new release rendering the user experience of an older generation handset as far less attractive hence a perceived lesser value?

[cue the fragmentation argument/discussion :P ]

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  #795977 10-Apr-2013 08:57
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mobiusnz: -snip-
I got my Iphone 4 cheap on a plan and my replacement 32gb iphone 5 two years later for free on a plan , I gave my wife my iphone 4 but if I'd sold that for $450 second hand I only paid $250 or $300. Two years from now I can sell my free Iphone 5 for another $450 or more when I resign for a free Iphone 5s / 6 / 7. -snip-


You seem to be disregarding the fact that your handsets are subsidised by being on a plan. Please add the cost of your plan over the 2 year contract.
I believe there were plans for the SGSII that got you the phone for free , so if you sell it for $100 you are making money? :/




Areas of Geek interest: Home Theatre, HTPC, Android Tablets & Phones, iProducts.

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  #797117 10-Apr-2013 12:45
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This is a good reason I purchased an Ipad 4th Gen 16GB, I can sell it for close to what I paid for it and when I can afford a larger version I can, the 128GB version is calling my name at the moment, but that will have to wait until I get back from holidays, depending on how Vegas treats me!

Yes I think Trademe users are stupid for paying any more than 50% the sticker price on Idevices but while the suns out I am going to make hay!

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  #797129 10-Apr-2013 13:09
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Android + Windows FTW, all you Macuser's are losers.

 

;)

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Master Geek


  #797169 10-Apr-2013 14:11
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Resale value and my app collection are what has kept me with iPhones so far but I'm very close to jumping ship with the S4. I hear interesting things about iOS7 though so who knows? Additionally, the Apple watch could be a game changer if they do it right. Then I'd have to stick with iOS.

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