Here at Swappa, we often talk about how a modern smartphone will easily last several years provided the phone is taken care of. But in the case of the 2nd generation iPhone SE, you may be tempted to upgrade to an iPhone 11 given the prices have dropped since the release of the iPhone 12. Of course, you’ll want to sell your current iPhone to help fund the upgrade so make sure you continue reading to find out how much the iPhone SE (2020) is worth in 2021.
Read our How much is my iPhone worth blog post if you are interested in checking the value for other iPhone models.
How much is the iPhone SE (2nd generation) worth?
Apple typically releases a new iPhone late in the year, in September or October. But the iPhone SE has taken a different release cycle and has traditionally been announced earlier in the year. The 2nd generation iPhone SE was released in April 2020. The iPhone SE (2020) launched with options for 64GB, 128GB, or 256GB of storage space and arrived with a starting MSRP of $399.
As evident by the starting price point, the iPhone SE (2020) was released as a budget-priced model. It is also unique in that it features a home button and uses Touch ID, which is something that Apple was moving away from. The iPhone X, released in 2017 started the shift away from the home button, and all other iPhones released since have used Face ID. The iPhone SE (2020) is the only current-generation iPhone that still has a home button.
You obviously cannot add a home button to another iPhone, so if you want to keep the home button experience, the iPhone SE (2020) is your best option. But if you purchased the iPhone SE (2020) because of the lower price point — now may be a good time to sell it and upgrade to a newish iPhone 11, which means perks such as a larger and higher resolution Liquid Retina HD display, better battery life and an improved camera setup with a 12MP ultra-wide and 12MP wide camera setup on the back.
The key is to get the most money possible for your iPhone SE (2020). The table below shows the difference between selling an iPhone SE (2020) and using a trade-in service as of April 2021.
|Apple iPhone SE (2020)||$295 (average)||Up to $200||Up to $160|
It is hard to ignore the difference in the above-listed prices and putting this rather simply — you will get quite a bit more money if you sell your phone, as opposed to using a trade-in service.
In regards to the prices in the table, the Swappa price is showing the average of all iPhone SE (2020) sales. This includes models with 64GB, 128GB, and 256GB of storage, and models that are in Mint, Good, and Fair conditions. In other words, your actual selling price will vary slightly based on the condition of your phone, and the amount of storage space. The Apple trade-in price is an “up to” situation, which means that is the most you will be able to get. The Best Buy trade-in price reflects a model in Good condition with 256GB of storage space, so if you have a 64GB or 128GB model your Best Buy trade-in value may be a bit lower.
Sell your iPhone SE (2nd generation) on Swappa
If you are selling your iPhone to upgrade to a newer model — you are going to want to get as much money as possible. This alone should rule out any desire to use a trade-in service. Trade-in services can be convenient, but you get less money and they are also limiting because your payment will often be a gift card, which will dictate where you can spend your money.
In regards to selling, it is important to keep in mind that prices for used smartphones are dependent on several factors, such as market demand, the condition, and the amount of storage. You can’t change the condition or storage of your current phone, but you can factor in market demand by choosing an active marketplace, such as Swappa.
Not only is Swappa an active marketplace, but it is also safe, secure, and easy to use. Swappa has an active no junk, no jerks policy, and a support team that is available 24/7/365. You can review our criteria requirements, which include the phone being fully functional, not having any cracked glass, and being fully owned with no outstanding carrier balance.
Provided your phone meets the criteria requirements you can tap the green button below to get started. Otherwise, you can also reach out to our support team if you have any questions.