The iPhone 11 Pro Max is a great smartphone. In fact, provided you take care of it, you should easily be able to use it for several more years without worry. But the iPhone 11 Pro Max is also a big phone, and you may be having second thoughts on the size. Or maybe you like the size, but want to buy an iPhone 12 Pro Max because of the new design.
The truth is, your reason for selling doesn’t matter as much because regardless of the reason — the goal should be to get as much money in return as possible. Several factors affect smartphone pricing so make sure you keep scrolling to learn more about those factors and the difference between selling and trading-in.
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 11 Pro Max worth?
The iPhone 11 Pro Max is part of the 13th generation of the iPhone lineup, which also includes the iPhone 11 and the iPhone 11 Pro. These three models were released on September 20, 2019, and the iPhone 11 Pro Max arrived with an original MSRP of $1,099.
The $1,099 price was for the 64GB model. Apple also offers the iPhone 11 Pro Max with 256GB and 512GB storage options, and these two models launched with an MSRP of $1,149 and $1,349, respectively. Certainly not what many would consider cheap, however, the higher launch price means a higher resale value today.
|Apple iPhone 11||$561 (average)||Up to $380||Up to $350|
|Apple iPhone 11 Pro||$656 (average)||Up to $465||Up to $425|
|Apple iPhone 11 Pro Max||$805 (average)||Up to $515||Up to $500|
The above table outlines the average selling price of an iPhone 11 Pro Max in the Swappa marketplace and the trade-in prices from Apple and Best Buy. These prices reflect what you can expect as of April 2021. Right off the bat, you can see that you will get much more if you sell as opposed to trade-in.
A trade-in with Apple or Best Buy can be convenient, but it isn’t necessarily the quickest way to a payday. It will also limit where you can spend the money you get because when you use a trade-in service you will get your funds in the form of a gift card that needs to be used with a specific retailer. As far as the time aspect, you need to arrange the trade-in, ship the phone, wait for it to be inspected, and then wait for your payment to be processed.
If you sell your phone directly, you will likely get paid much quicker, and you can use the money anywhere you want.
The other factors that affect smartphone pricing include the condition, the amount of internal storage, and market demand. The Swappa price in the table shows the average selling price for all iPhone 11 Pro Max listings, including those listed in Mint, Good, and Fair conditions, and those with 64GB, 256GB, or 512GB of internal storage.
The Apple price is noted as being an “up to” situation, which means that is the most you can expect, regardless of the condition and storage space. The Best Buy price is noted as being an “estimate” and it reflects a model in Good condition with 512GB of storage.
Sell your iPhone 11 Pro Max on Swappa
We also mentioned market demand as a factor that affects smartphone sales, which means you want to sell your phone in an active marketplace, such as Swappa. Prices also tend to drop a little from month to month, so the quicker you list your phone for sale the more money you stand to get. This is especially helpful if you are selling your iPhone 11 Pro Max to fund an upgrade to an iPhone 12 Pro Max.
As of early April 2021, the average selling price of an iPhone 11 Pro Max in the Swappa marketplace is $805. If you are getting ready to sell an iPhone 11 Pro Max on Swappa we encourage you to review our listing criteria requirements and our blog post on how to get started selling. Otherwise, you can also tap the green button below and get started immediately.