You might not like what I’m going to say, so just let me spit it out (type):
It’s time to keep your phones for a year. Period. Upgrade every year. As good as your old phone. Because modernization makes more economic sense.
Why fight it? Apple, Samsung, and Google do an incredible job every 12 months convincing us why we have to ditch the old model for the new one. And these new iPhone 12 and 12 Pro models just released on Friday. Do you already have yours?
There are many websites online that will buy your old phones from you. Apple, Best Buy and wireless carriers are playing the exchange game too. Or you can sell it yourself on eBay or Craigslist. But to get a good price for the device, it has to be the latest model.
If you like this model and keep your recent phone in good condition, you should be able to exchange it every 12 months and get 50% of its original value. Older phones? Not that much.
For example, Decluttr.com will pay you $ 459 for last year’s iPhone 11 Pro or $ 500 for the 11 Pro Max, the models initially sold for $ 999 and $ 1,099. Apple promises to offer roughly the same trade-in credit, $ 450 or $ 500.
Granted, your device should be in good condition with no cracked screen and noticeable wear and tear. Apple, for its exchange program, insists that it turns on and works normally, all buttons and cameras work, the body is free of bumps and scratches, and the touchscreen and rear glass are not damaged.
Apple asks you to answer the questions, and if they agree that you were being honest, you get the $ 500 credit. Or, “If your device does not meet the condition you described, you will receive a revised trade-in value.”
Suppose Apple gives you $ 400 off your new phone, and you grab the $ 1,000 iPhone 12 Pro for $ 600 plus tax. And you plan to trade it in 12 months.
Your cost of ownership: $ 1.65 per day.
For a device you’ll use all the time, for email, text, web surfing, Facebook post, tweets, checkout for merchandise in stores, tribute from an Uber or Lyft, listening to music, watching movies and TV shows, taking all those great photos and sharing them anywhere in the sun.
According to eMarketer, we’ll be spending an average of 3 hours and 49 minutes a day on our smartphones this year – a number that I think is very low.
How many hours do you put in? Is it the first thing you look at in the morning when you wake up? (Admit it, you’re friends here.) Do you have texts that fly on the screen all day, read the phone on your lunch break, snap loads of photos in the afternoon, then spend your days evenings curled up in front of the phone playing Candy Crush Saga like before watching TV? (That’s good, we do too. Minus the Candy Crush.)
The point is, $ 1.65 per day is a minor purchase, even if you do the math and take it to $ 11.55 per week or $ 50 per month.
Apple’s new iPhone: tougher glass is said to be “4x” less likely to crack, a camera that takes better low-light photos and high-resolution videos, and has a more powerful processing for brighter performance. As great as the Model 11 Pro, it’s just not as good as the 12. If you don’t feel like selling, I understand, but listen to me.
Because if you go much further back in time, your old phones just aren’t worth much. Per apple and exchange value:
- XS Max: $ 370
- XS: $ 300
- XR: $ 250
- X: $ 250
- 8 Plus: $ 210
- 8: $ 140
And given that these older phones have more years on them, the chances of them being in pristine condition and catching the amount of money from Apple touts are low.
Android users, scroll here
In the meantime, good news for Android fans: Samsung wants you to upgrade with some sweet trade-in deals as well. Granted, the South Korean giant differs from Apple in that it upgrades its phones not once a year, but multiple times – can you name all the Galaxy S and Note models that have released in recent months? But when it comes to improved cameras and refresh rates, it’s easy. The new Samsung phones are better than the old ones.
For the new Galaxy S20, which sells for $ 999, Samsung will give you a credit of $ 450 with a trade-in for last year’s S10, $ 300 for the S9 2019, or $ 225 for the S8.
And just to confuse you even more, carriers have basically turned the corner and are sort of offering free phones and deals again with new two-year (or slightly longer) contracts.
AT&T, for example, will give you a free iPhone 12 with a trade-in for an iPhone 11 Pro and a 30-month commitment to pay $ 68.49 per month for an “unlimited” plan. (That’s a total of $ 2,054 and you’re locked into a plan that might charge more than your competition and you’ll have to pay a penalty for leaving earlier. Trading directly with Apple or selling on a used site would make more financial sense. .)
T-Mobile throws away a $ 150 gift card on top of your trade-in, once you sign up for the service, while Verizon sells you the phone over time, for $ 14.95 per month for existing customers. or $ 10.37 per month for new customers, with a 2-year term, on top of the trade-in. Again, you’ll pay more for the phone this way.
A much better deal: Sign up for Apple’s credit card, which offers interest-free monthly payments for the new phone, over a 2-year period. With a $ 400 trade-in on the iPhone 11 Pro, you’re looking for $ 20.79 per month. But it’s a two-year contract that you’ll have to get rid of in 12 months.
Still, it ends up hitting 69 cents a day.
And you want to keep your old phone? Please.
In other tech news this week
Facebook has changed the look of its news feed. If you’ve ever been frustrated with Facebook showing you posts that it thinks you want to see, good news. A new update to Facebook’s News Feed gives you control over your timeline, with a Home, Favorites, and Recent tab. The Recent tab allows you to view posts in chronological order, without relying on the Facebook algorithm to browse them. (However, they’ll still have to be by your friends to appear there.) The Home tab shows posts the old-fashioned way, with the Facebook algorithm deciding for you. And the Favorites tab takes the algorithm to a new level, it lets you check tabs only for the friends you want to hear from, which could be a very annoying news feed.
Hey Alexa, how about these new Amazon speakers? The new editions of the Echo and Dot, which are Amazon’s bestsellers, are now round and the flagship Echo offers vastly improved sound. We’ve given them a try on both and look forward to the next participant in the speaker war, Apple’s $ 99 HomePod Mini, which releases in November. Google’s new Nest Audio was released on October 5th.
Adobe Photoshop. Some cool new features have been added to the Photoshop imaging program including one click to change the color of the sky and add a smile to a frowning person. Adobe charges $ 9.99 per month to subscribe to Photoshop, under the Creative Cloud app.
Quibi bends after 6 months. If you’ve never had the chance to check out the Quibi social media video site, you have until December 1. Former Disney model Jeffrey Katzenberg’s ill-fated site is in the process of shutting down.
Jon Taffer, from Bar Rescue, opens a tavern. And using technology to keep it clean.
This Week’s Talking Tech Podcasts
Is it time to quit Facebook? A debate. Steve Brazill of Behind the Shot.TV joins me in weighing in.
Protect your privacy with the Priiv app. Founder Craig Danuloff of Privacy Co. fills us up.
First impressions of the iPhone 12 Pro. I’m joined by Rich DeMuro (@richontech) from KTLA.
Jon Taffer from Bar Rescue opens Taffer’s Tavern. And tells me everything.
Evaluation of these new Echo speakers.
Should you upgrade to the new iPhone 12? I have some ideas.
Until next weekend everyone!
Follow me on Twitter, where I am @jeffersongraham