Those buying Apple iPod models are trying to capture nostalgic feelings
Chart shows the valuation lost by iPod models due to depreciation
The most valuable iPod model currently is one that we mentioned as being sold out at the online Apple Store. That would be the seventh generation iPod touch with 256GB of storage (the largest amount of storage available) which can be sold for as much as $100 in good condition, according to SellCell. The 128GB variant of the seventh generation iPod touch can be sold for $60, also in good condition. The original 2019 launch price for the seventh-generation iPod touch was $399.99 for the 256GB version and $299 for the model with 128GB of storage.
Pricing of iPod models after depreciation
The iPod model that has withstood depreciation the best has been the seventh-generation iPod touch with 32GB of storage. That device can still bring you $57 resulting in a depreciation rate of 71.4%. And quite surprisingly, the iPod Nano 7th Gen 16GB has seen a gain in value of 13.4% since Apple’s announcement earlier this month. SellCell says that if you need the extra few bucks you can get from selling your iPod device now, put it up for sale.
Do you sell your depreciating iPod or hold on to it to gift to your kids?
But if you plan on keeping your iPod as a second device, or because you plan on giving it to one of your children, the depreciation is slow enough to allow you to hold on to the device for a little extra period of time before you sell it. And there could be a small increase in resale value over the next few weeks. Not a huge amount, mind you, but perhaps just enough to make you think that you did the right thing by holding off.
And while it seems hard to imagine now, there will come a time when even current flagship smartphone models, including those from Apple and Samsung, will be in the same position as the iPod; technologically behind the times and valued at a small percentage ofr its original launch price.
