While cars typically lost 20% of their value a year after being driven off, money-draining smartphones went down up to 65% of their value in just a month of being released. Only iPhones retain their value much better than android-based devices. iPhone 4 continues to retain 39% of its value even five years after its launch and the iPhone 6 16 GB manages to keep 50% of its market value a year after its release.

Smartphones lose half of its value in a month

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