How Much is an iPhone XR Worth? - Mobile Klinik

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How Much is an iPhone XR Worth?

iPhone XR

With the release of new Apple products over the years, our trusty gadgets often find themselves on the “outdated” chopping block sooner than we’d like. If you’re the proud owner of an iPhone XR, you might be wondering, “How much is it worth used?” Whether you’re looking to upgrade to the latest technology or are simply curious about the market value of your phone, you’ve come to the right place. In this guide, we’ll dive into the factors that influence the worth of your iPhone XR and discuss its current marketability. 

iPhone XR Key Insights

  • The iPhone XR still holds considerable resale value in today’s market.
  • Factors affecting the value include its condition, storage capacity, accessories, and overall market demand.
  • Since iPhones depreciate over time, if you’re considering selling your XR, it’s best to sell it sooner rather than later.

How Much is an iPhone XR Worth?

Since its release in 2018, the iPhone XR still holds fair trade-in value in Canada. Depending on its condition and storage capacity, the value of this model can range from $96 to $160. For more information about your device’s worth, get an instant quote online at Mobile Klinik.

Used iPhone XR Maximum Trade-in Values

Model
Very Good
Good
Acceptable

Model Apple iPhone XR 64 GB
Very Good
Good
Acceptable

Model Apple iPhone XR 128 GB
Very Good
Good
Acceptable

Model Apple iPhone XR 256 GB
Very Good
Good
Acceptable

* Price updated as of March 2024

Today’s iPhone XR Market

The iPhone XR brought a breath of fresh air to the smartphone world with its remarkable blend of style, performance, and affordability. At the time, its Liquid Retina display, A12 Bionic chip, and Face ID technology were groundbreaking features that set a new standard for smartphones. 

In the current market, the iPhone XR still holds excellent selling potential. Its features remain relevant, and its demand in the used phone market remains steady. Prices for these used devices depend on many factors, including storage capacity, condition, and accessories. We’ll discuss these factors in more detail below. As of today, you can expect to recoup a portion of your investment when selling a well-maintained iPhone XR.

What’s the Difference Between Phone Conditions?

When evaluating the worth of your iPhone XR, or any smartphone for that matter, one of the main factors that must be considered is the condition. Phones that have been well-maintained offer higher trade-in values—buyers are willing to pay more for better quality. The following breakdown shows the difference between phone conditions:

  • Very Good: If your phone is in very good condition, it has minimal to no signs of wear or tear, such as scratches or dents. The screen is typically flawless, and the phone’s functionality is perfect. Battery health is also usually excellent, with the capacity close to its original state.
  • Good: Phones in good condition may show signs of use, such as light scratches or scuffs. These blemishes are typically not very noticeable unless you closely inspect the device. Function-wise, these phones are still in great shape. All features work as intended, and there are no significant issues with hardware or software. The battery’s health is still in good condition.
  • Acceptable: Devices in acceptable condition have the most noticeable signs of use. They may have scratches, dents, or other marks that are clearly visible. These imperfections can affect the overall appearance of the device but shouldn’t impact its usability. Despite the cosmetic wear, these phones still function correctly. They may have minor issues, such as reduced battery health, but nothing that significantly impairs performance.

The general rule of thumb is that phones in very good condition will sell for more, while phones in acceptable condition will sell for less.

What Was the MSRP of an iPhone XR?

The manufacturer’s suggested retail price (MSRP) for the iPhone XR started from $1029 (CAD).

What Affects the Price of a Used iPhone XR?

Several factors influence the price of a used iPhone XR, making it essential to consider these aspects when assessing its worth:

  • Storage Capacity: The iPhone XR comes in 64, 128, and 256 GB. Generally, the more storage capacity you have, the more valuable your device is.
  • Condition: The condition category that your iPhone falls into significantly impacts its price. A phone in very good condition that has been well-maintained over the years will have more value than one with clear imperfections and usability issues.
  • Unlocked or Carrier-Locked: In Canada, locked phones were put to an end in 2017, which means that if you have an iPhone XR, which was released in 2018, it should already be unlocked. Generally, locked phones are less desirable than unlocked ones because they restrict buyers to a single network provider.
  • Accessories: If you still have your original accessories in working condition, this can enhance the overall resale value of a used iPhone XR. These accessories include headphones, chargers, and the original box. 
  • Market Demand: The current demand for iPhone XRs also impacts the price. Currently, these devices are still considered good buys, and you may get a substantial return on your investment.

Keep in mind that as technology continues to advance, the value of older models like the iPhone XR may decrease over time.

Where Can I Sell a Used iPhone?

Armed with knowing how much an iPhone XR is worth used, your next question might be: “Where can I sell my used iPhone?” There are various options you can explore, including the following:

  1. Retailer Buy-Back Programs: Reputable retailers, like Mobile Klinik, will buy your iPhone XR from you after an evaluation. This convenient option avoids the hassle of putting up listings and negotiating with buyers. When you sell your device to us, we will provide a prepaid Visa gift card or store credit as long as the device is in good condition. If your iPhone isn’t usable, we’ll happily recycle it on your behalf.
  2. Carrier Trade-In: If you’re ready to get a new phone, check with your current mobile carrier about trade-in options. Many providers will take your used device off your hands in exchange for credit toward a new plan and device.
  3. Friends or Family: If you want to ensure your iPhone XR is passed to someone you trust, consider turning to your network of family and friends. This is an easy and convenient way to make a quick sale without the fuss of meeting with different buyers.

How Does Time Affect the Price of a Used iPhone?

The value of a used iPhone will decrease each year. This depends on new models that emerge, the overall relevancy of features, and market demand. Here’s an example to give you a better idea of this depreciation. Keep in mind that average depreciation each year can differ between models and overall market conditions.

 

Day 1  Year 1  Year 2  Year 3  Year 4  Year 5
Value (CAD) $1,379 $1,145.95 $973.26 $838.95 $674.35 $503.07
Average Loss 0 -16.90% -15.07% -13.80% -19.62% -25.40%

 

How Do I Preserve the Value of My iPhone XR?

Proper maintenance is key if you’re looking to maximize your iPhone XR’s resale value. Here are some tips to help you keep your device in top condition:

  • Use a protective case. Investing in a high-quality phone case can protect your device from accidental drops and scratches. Consider a case with shock-absorbent features to safeguard against impacts.
  • Apply a screen protector. A tempered glass screen protector protects your phone’s display from scratches and minor damage. It’s a small investment that can make a big difference in preserving the screen.
  • Clean it regularly. Keep your iPhone clean by removing dust, dirt and smudges. Use a soft, lint-free cloth to wipe the screen and casing gently. Avoid using abrasive materials that could scratch the surface.
  • Avoid extreme temperatures. High heat and extreme cold can negatively affect your iPhone’s battery life and overall performance. Try to keep your device within the recommended temperature range.
  • Manage your battery health: Monitor your battery’s health and consider replacing it if it has significantly degraded to maintain optimal performance.

Frequently Asked Questions

How can I protect my personal data and privacy when selling my iPhone XR?

When it comes time to sell your iPhone XR, back up your data, sign out of your Apple ID account, and perform a factory reset. This ensures your information is secure and the device is ready for its new owner.

What factors can cause the resale value of my iPhone XR to decrease?

Several factors can decrease the resale value of your iPhone XR. These include significant physical damage, water damage, outdated hardware, and the release of newer iPhone models with more advanced features.

Is it worth selling my iPhone XR?

The iPhone XR still holds decent value in today’s market. However, the resale value of iPhones tends to decrease over time, especially as newer models are released. If you plan to sell your device, it’s generally a good idea to do so sooner rather than later to get a higher return on your investment.

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