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The Depreciation Rate of Cell Phones

There’s a good chance you’re already aware that your new phone loses value as soon as you take it out of the box.  Wear and tear, frequent new releases and tech leaping forward at lightning speed means that what you carry in your pocket can end up out-of-date fast these …

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Phone depreciation chart

Your Cell Phone Loses Value Quicker Than Your Car!

Did you know your cell phone loses value over time? There goes a cent! And another! Believe it or not, this is totally normal. It’s a process we call phone depreciation. What is phone depreciation?         You know how a car loses half its value as soon as you drive it …

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