The resale value of a brand new smartphone is always going to drop. In fact, the value tends to drop as soon as you open the box and activate the phone. It can be exciting to buy new, but it is also really nice to keep some of your hard-earned money in your bank account. This is why it makes sense to buy a gently used device instead. You spend less and also extend the life of the smartphone. But while prices tend to drop over time, there are a few other factors that affect the current value of an iPhone 11 Pro Max.
Keep reading to learn more about the price drop history of the iPhone 11 Pro Max, and discover the best times to buy or sell. Or, check out our iPhone Buyer’s Guide if you are unsure of which iPhone you want to buy as your upgrade.
Apple iPhone 11 Pro Max price drop history
The iPhone 11 Pro Max is part of the 13th generation iPhone lineup and was released in September 2019. In addition to the iPhone 11 Pro Max, the 13th generation lineup also includes the iPhone 11 and the iPhone 11 Pro. The iPhone 11 Pro Max was the biggest iPhone of the 13th generation and it was also the most expensive with a starting price of $1,099.
|November 2020||December 2020||January 2021||February 2021||March 2021||April 2021|
|iPhone 11 Pro Max (64GB)||$728||$713||$708||$707||$703||$698|
|iPhone 11 Pro Max (256GB)||$788||$785||$792||$775||$782||$767|
|iPhone 11 Pro Max (512GB)||$844||$840||$838||$843||$824||$837|
The above table shows the average sale prices for a used iPhone 11 Pro Max sold in the Swappa marketplace.
If you were dreaming of an iPhone XS Max when it was released but were put off by the higher price tag — now is a good time to reconsider due to the lower prices. Sure, the iPhone holds its value much better as compared to other smartphones, but prices for a used smartphone always drop over time.
Looking at just this factor alone, one would think that the sooner you sell the more money you can sell for, or the longer you wait to buy the less money you will pay. But that isn’t always the case when looking at the average sale price from month to month. In fact, there are times when the average sale price may increase. Aside from time, the other factors that affect smartphone prices include market demand, the condition of the phone, the specs such as the internal storage, and current availability.
Review the current iPhone 11 Pro Max price trends on Swappa.
When is the best time to buy an iPhone 11 Pro Max?
Prices for used smartphones tend to drop a little over time, so waiting for a little may result in better prices. But if you are always waiting for the price to drop a little — you’re likely to keep waiting and never buy. The truth is, the best time to buy a used iPhone 11 Pro Max is right now because you will always spend less money when you buy newish instead of new.
You can subscribe to get an email alert every time a new iPhone 11 Pro Max listing is added by clicking on the “Subscribe” button on the iPhone 11 Pro Max listing page.
When is the best time to sell an iPhone 11 Pro Max?
Sellers often time their sales around the launch of a new iPhone. That can be a good time to sell based on market demand and lead to a quick sale, but it can also result in sellers competing on price and getting a little less money.
The best time to sell a used iPhone 11 Pro Max is right now — immediately. If you list your phone for sale now you stand to get more money because, as we highlighted in the table earlier in this post, the average sale price for used smartphones tends to drop over time. If you have a gently used iPhone 11 Pro Max sitting around you should tap the green button below and get started selling today.
If you are planning to buy or sell a gently used phone the Swappa marketplace should be your first stop. Swappa is an active marketplace, and perhaps equally important, Swappa is safe and secure for buyers and sellers alike. The safety and security ties in with our fabulous support team and our policies.
For example, everything listed for sale in the Swappa marketplace must meet our listing criteria requirements, which include the phone being fully functional, not having any cracked glass, or other issues.
- Our moderation team reviews listings to ensure these criteria requirements are being met.
- Our support team is also available 24/7/365 and aims to respond in minutes instead of hours or days.
- PayPal is used to process payments due to the extensive protections offered for buyers and sellers
You can also review our other policies, or reach out via our help desk if you have any questions. We also encourage everyone to read some of the Trustpilot reviews being left by other Swappa users. And, while we try not to brag — we have a current rating of Excellent.