J
Does the color affect resale value if I want to buy an iphone xr yellow used?
I love brightly colored phones and I found a great deal on an iphone xr yellow used model. However my friend told me that brightly colored iPhones have a terrible resale value in Nigeria compared to the standard black or white models. Is this true in the local smartphone market? Will I struggle to sell the yellow XR next year when I want to upgrade to an iPhone 13 or will dealers underprice it?
0 Answers
Community Answers
5 ResponsesCan you help answer this?
You must be logged in to participate in the discussion.
Log in to Replyjosh
2 days agoThe advice your friend gave you regarding the iphone xr yellow used model is highly accurate and deeply rooted in Nigerian consumer psychology. In both the Nigerian used car and used smartphone markets conservative colors rule absolute. Black white and silver are considered "executive" and "safe" colors. Bright flashy colors like Yellow Coral or Product Red are highly polarizing. While you might personally love the bright yellow finish the vast majority of secondary buyers prefer stealthy subdued colors. Because the pool of potential buyers for a yellow phone is significantly smaller phone dealers know the device will sit in their showcase for a much longer time.
josh
2 days agoBecause of this low demand the color directly affects the resale value. If you walk into Computer Village next year to swap or sell your iphone xr yellow used model the dealer will intentionally underprice your phone by 15,000 to 25,000 Naira compared to a black model of the exact same condition. They will bluntly tell you "Yellow is hard to sell." However this is actually a massive advantage for you right now as a buyer! You can leverage this exact same logic to negotiate a much lower purchase price today. Buy the yellow XR at a steep discount slap a high quality opaque black or leather case on it and nobody will even know the phone is yellow while you enjoy massive savings.
josh
2 days agoThis is 100 percent true. I tried to swap my Coral XR and three different vendors refused to take it saying the color was "too feminine." I finally found a vendor who took it but he slashed my valuation by 20k.
josh
2 days agoJust buy the yellow one for cheap and put a matte black Spigen case on it. Problem solved. You get the exact same powerful internal processor for less money just because of the paint job.
josh
2 days agoThe yellow XR actually looks incredibly beautiful without a case. It is very unique and stands out in a sea of boring black phones. If you plan to use it for three years do not worry about resale value just buy the color you love.