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iPhone Depreciation 2022: The Perfect Time to Sell Your iPhone 12 or 13

By Denise Timmis | Updated 16 Aug 2022

iPhone Depreciation 2022: The Perfect Time to Sell Your iPhone 12 or 13

iPhone Depreciation 2022: The Perfect Time to Sell Your iPhone 12 or 13

With the launch of the iPhone 14 approaching, millions of Apple fans are getting ready to upgrade. As excitement builds and rumours continue to circulate, many iPhone 12 and 13 owners are now considering trading in their device to help cover the cost of the next model.

If that’s you, timing is everything. In this guide, we break down how quickly older iPhones depreciate, what the numbers look like, and why selling at the right moment could mean a significantly higher payout. If you're eager for a preview of what’s next, our smartphone comparison guide is a great place to start.

iPhone 14 Demand Will Kick-Start Depreciation

Every year, interest in iPhones spikes in late summer. Based on Envirofone search data, the number of people researching Apple devices surges throughout August and September.

This typically happens because:

  • the average phone contract lasts around 15 months
  • users are ready to upgrade around autumn
  • Apple’s September launch triggers huge resale activity

What Happens to Prices?

Envirofone data suggests the following depreciation after the iPhone 14 release period:

  • iPhone 12: ~22% drop
  • iPhone 13: ~27% drop

High-value models are impacted most. For example:

  • iPhone 13 Pro Max 128GB: up to 26.88% drop (~£168)
  • iPhone 12 Pro: up to £133 drop

These figures are based on historical depreciation from the iPhone 11 and iPhone 12 trade-in patterns in 2021 and follow the same trend every year.

August Is the Best Month to Trade In

To maximise your trade-in value, trading in your device before the September launch is key. Based on Envirofone’s year-on-year data:

  • August consistently offers the highest payouts for iPhone 12 and 13 owners
  • Values drop immediately once the next model is announced

How Much Could You Lose by Waiting?

If you wait until after the iPhone 14 release, expected reductions include:

  • iPhone 13 Pro Max 128GB: up to £168 drop
  • iPhone 13 Pro Max 256GB: up to £186 drop
  • All iPhone 13 models: significant and immediate depreciation

In short: even a few weeks’ delay can make a noticeable difference.

Time to Cash In Your iPhone 12 or 13

If you’re still undecided, remember that trade-in values decline rapidly as soon as Apple’s new model hits the shelves. Acting before the end of August could mean earning up to £168 more for the exact same device.

Trading in with Envirofone is simple. Send your iPhone 12 or 13 in one of our free postal bags and our team will run a full set of checks to determine its value based on factors like condition, storage and functionality. Once confirmed, the payment is sent straight to you.

You can start your trade-in today via our trade-in page — and if you’re ready to upgrade straight away, browse our refurbished mobile phones, all fully tested through a 90-point check and available at great prices.

*All values and figures are based on data available at the time of publication.

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