Smartphone price drops should never be categorized as an if, but a when — they are inevitable. The value of any iPhone drops as soon as the box is opened and the phone is activated. The price also tends to decrease slightly from month to month once the phone has been used for a while. These price drops can be a good thing if you are looking to buy a newish iPhone, and they can be a bad thing if you are looking to sell a newish iPhone.
Keep reading to learn more about the price drop history of the iPhone 11 Pro, and discover the best times to buy or sell.
Apple iPhone 11 Pro price drop history
The iPhone 11 Pro was unveiled by Apple in September 2019. The iPhone 11 Pro was announced alongside the iPhone 11 and the iPhone 11 Pro Max, all of which combine to form the 13th generation lineup. The iPhone 11 Pro launched with a starting MSRP of $999 for the 64GB model. Apple also released an iPhone 11 Pro with 256GB of storage for $1,149 and 512GB of storage for $1,349.
February 2021 | March 2021 | April 2021 | May 2021 | June 2021 | July 2021 | |
iPhone 11 Pro (64GB) | $635 | $625 | $610 | $608 | $611 | $606 |
iPhone 11 Pro (256GB) | $702 | $694 | $700 | $707 | $682 | $663 |
iPhone 11 Pro (512GB) | $715 | $734 | $696 | $727 | $705 | $759 |
The above table shows the average sale prices for a used iPhone 11 Pro sold in the Swappa marketplace.
Used smartphone prices tend to drop slightly from month to month, though, if you’ve reviewed the table above you likely noticed there were some months and some models that saw an increase in value. For example, the average selling price of the 256GB iPhone 11 Pro increased a little going from $700 in April 2021 to $707 in May 2021, and the average selling price of the 512GB model increased considerably going from $705 in June 2021 to $759 in July 2021.
The condition of the phone and the amount of internal storage should be considered when you get ready to buy or sell a gently used smartphone. In addition, market demand and timing play an important role when it comes to used smartphone prices. You can deal with market demand by selling your used iPhone 11 Pro in an active marketplace such as Swappa, and the timing aspect often circles around when Apple is getting ready to release a new model.
Price drops will happen, but in a bit of good news, the iPhone holds its value fairly well compared to other smartphones. The iPhone 11 Pro also remains a popular model here on Swappa due to the stellar specs such as the 5.8-inch Super Retina XDR OLED display, Apple A13 Bionic processor, and rear-facing triple camera setup with a 12MP ultra-wide, 12MP wide, and 12MP telephoto camera.
Review the current iPhone 11 Pro price trends on Swappa.
When is the best time to buy an iPhone 11 Pro?
The best time to buy a used iPhone is often just before or just after a new iPhone is released. People often sell their current phones as a way to fund their upcoming purchases, and that means there will be lots to choose from, which often results in better deals for buyers.
That aside, buying a gently used iPhone is always a great way to save money because a newish iPhone, such as what you’ll find in the Swappa marketplace, is going to be less expensive as compared to a new iPhone. Get started on your search for cheap iPhone 11 Pro deals by tapping the widget below.
You can subscribe to get an email alert every time a new iPhone 11 Pro listing is added by clicking on the “Subscribe” button on the iPhone 11 Pro listing page.
When is the best time to sell an iPhone 11 Pro?
Prices for used smartphones tend to drop slightly from month to month, so the best time to sell is always going to be as soon as possible. Of course, market demand plays an important role, and one of the more active times for buying happens just after a new iPhone is released. If you’ve got an unused iPhone 11 Pro sitting around you should tap the green button below to get started selling.
When it comes to buying or selling gently used smartphones — the Swappa marketplace should be your first destination. Swappa has an active marketplace, which means lots of buyers and sellers at any given time. Swappa is also safe, secure, and easy to use. Swappa also has a strict no junk, no jerks policy which makes the overall experience better for everyone. Benefits of using Swappa include a…
- …support team that is available 24/7/365 if you need help or have any questions.
- …support team that aims to respond in minutes, instead of hours or days.
- …moderation team that reviews listings and makes sure all devices meet Swappa’s listing requirements.
Not sure about our claim of offering a safe, secure, and easy-to-use marketplace? Make sure to read some of the Trustpilot reviews that have been left by other Swappa users. Our Trustpilot rating is Excellent.
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