If you’ve enjoyed using your iPhone 15, you’re probably curious about how much it’s currently worth, especially if you’re thinking about upgrading or simply want to sell for some quick cash. Smartphones can retain considerable value even after months of use—but knowing how to determine your iPhone’s worth accurately requires understanding several key factors, including market demand, condition, timing, and selling platform. We’ll break down all these elements clearly to help you secure the best resale price for your iPhone 15.
Current Market Resale Value
Understanding the resale market helps ensure you’re getting the right price for your iPhone 15. Here’s a detailed overview of what your device could sell for today:
Average Resale Prices By Storage Capacity
The storage capacity directly impacts resale value. Here are the current market values by size:
- 128GB: Typically sells between $750 and $900. Entry-level storage is attractive due to affordability.
- 256GB: Most popular size, often fetching between $850 and $1,000, thanks to balanced performance and storage capacity.
- 512GB: High-end capacity commands top dollar, typically $950 to $1,150, particularly popular with tech enthusiasts and heavy users.
Comparison with Previous iPhone Models
Now that the iPhone 16 has been available for some time, it’s helpful to see how the iPhone 15 is holding up in terms of resale value compared to previous models. Historically, each new iPhone release leads to a dip in resale prices for earlier models. However, thanks to the iPhone 15’s significant upgrades—including the titanium construction of the Pro models, advanced camera system, and powerful battery—the device has shown strong value retention, experiencing less depreciation than earlier models such as the iPhone 13 and iPhone 14.
For context, previous models typically saw depreciation rates around 20–25% within their first year after being replaced. While the iPhone 15 has naturally seen some depreciation following the launch of the iPhone 16, it remains particularly desirable on the resale market due to its impressive specifications and lasting performance.
Selling your iPhone 15 sooner rather than later remains advantageous, ensuring you capture its current high market value before further depreciation occurs.
Current iPhone 15 Base Model Trade‑In Values
* Price updated as of October 2025
Note: Trade-in values are typically lower than private resale due to the added convenience and security. These values also vary between models, with iPhone 15 Pro and Pro Max devices generally commanding higher trade-in prices than the base iPhone 15.
Factors Affecting iPhone 15’s Resale Price
The price you can expect depends heavily on several factors:
Device Condition and Physical Damage
Condition is the single biggest influence on price. Here’s how it breaks down:
- Mint Condition: Looks and works like new; no visible scratches, battery health above 90%. Highest resale value.
- Good Condition: Minor signs of wear (small scratches or scuffs), battery health around 80-90%. Good resale potential, but slightly reduced.
- Fair Condition: Visible scratches, dents, and lower battery health (below 80%). Significantly lower resale price.
Minor repairs—such as battery replacement or screen repair—can greatly enhance your phone’s resale value, often offsetting the cost of repair itself. Boost your phone’s resale value with quick, professional iPhone repair services at Mobile Klinik.
Carrier Lock vs. Unlocked Phones
Unlocked phones provide buyers flexibility, increasing your resale value. In Canada, all phones sold after December 2017 must be unlocked by default. While this removes the need to manually unlock your iPhone before resale, buyers still value confirmation that the device works on all networks, so it’s worth mentioning this detail in your listing.
Accessories and Original Packaging
Selling your iPhone 15 with original packaging, charger, and documentation typically increases resale value by around 10%. Original accessories enhance trust and appeal, signalling to buyers that the phone has been cared for well.
How to Maximize Your iPhone 15 Resale Value
These practical steps can dramatically boost your resale outcome:
Maintaining Device Condition
Keeping your device protected from day one is key. Invest in quality protective phone cases and accessories to ensure your iPhone stays in top shape and retains maximum resale value. Regular cleaning and battery health monitoring are also important. Phones maintained carefully often command prices at the top of market ranges.
Best Timing for Resale
Timing is everything in resale markets. The highest resale prices occur shortly before Apple announces new models, typically in September. If you missed this ideal window, selling around major shopping events (holidays or back-to-school periods) could also maximize your returns.
Resale values tend to dip sharply right after a new iPhone release, typically in September. iPhones generally lose about 15–25% of their value within the first year, and depreciation can accelerate depending on condition, demand, and how soon after a new model you try to sell.
Selecting the Right Resale Platform
Choosing the best platform involves balancing convenience and potential returns:
- Online Marketplaces (Facebook, Kijiji): Offer higher returns but require more work, negotiation, and risk.
- Trade-in Programs (Mobile Klinik): Provide instant valuations, hassle-free experiences, and guaranteed payments—perfect if convenience matters most.
You can easily check your iPhone 15’s trade-in value instantly with Mobile Klinik’s online tool.
Historical Depreciation Trends
Historical trends can help you anticipate your iPhone 15’s future resale value, based on depreciation patterns from previous models.
Resale Trends for iPhone 13 and iPhone 14
Previous models like the iPhone 13 and iPhone 14 typically saw steep depreciation immediately after newer versions were introduced. On average, these models lost about 20% of their value within the first year, with depreciation rates increasing slightly each subsequent year. It’s reasonable to expect the iPhone 15 to follow a similar trend once the iPhone 16 becomes more widely available.
Depreciation Rates Over Time
To help you visualize how your iPhone 15’s value might change, we’ve illustrated potential depreciation over a five-year period, based on historical averages:
| Timeframe | Day 1 | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
| Value (CAD) | $1,129 | $933.59 | $773.11 | $625.23 | $493.93 | $367.31 |
| Average Loss | 0% | -17% | -17% | -19% | -21% | -26% |
Note: These figures are estimates for the iPhone 15 base model. Actual resale values can vary depending on the condition of the device, storage capacity, and market fluctuations.
Best Platforms to Sell Your iPhone 15
Choosing the right selling channel directly impacts ease and final returns:
Online Marketplaces vs. Trade-in Programs
- Online Marketplaces: Potential for higher prices, but require negotiation, time, and dealing with strangers.
- Trade-in Programs (like Mobile Klinik): Offer security, convenience, and guaranteed payment, ideal for fast transactions without hassle.
Pros and Cons of Major Resale Platforms
| Platform | Pros | Cons |
| Facebook Marketplace/Kijiji | Highest potential returns | Time-consuming, negotiations, security risks |
| Mobile Klinik Trade-in | Safe, instant, convenient | Fixed valuations, no price negotiations |
| Carrier trade-ins | Convenient in-store service | Lower valuations |
Final Tips for Selling Your iPhone 15
Preparation makes all the difference in securing top resale value:
Preparing Your Device for Resale
Taking these straightforward steps before selling your iPhone 15 can significantly increase your resale value and ensure a smooth transaction:
- Back Up Your Data Carefully: Save photos, messages, contacts, and any important documents to iCloud or another secure location.
- Erase Personal Information Thoroughly: Protect your privacy by logging out of all accounts, especially your Apple ID, and selecting “Erase All Content and Settings” under Settings > General > Transfer or Reset iPhone.
- Clean Your Device Meticulously: Buyers prefer devices that look like new. Remove fingerprints, dirt, and dust from ports, screen, and camera lenses carefully.
- Include Original Accessories and Packaging if Possible: Chargers, cables, and original boxes can boost buyer confidence and add value.
For step-by-step instructions on securing your data and fully preparing your device, follow our guide on preparing your iPhone for sale.
Securing the Best Price
- Research current resale prices extensively.
- Be transparent about your phone’s condition.
- Price slightly above your expected minimum to give yourself negotiation flexibility.
Ready to Get the Most for Your iPhone 15?
Selling your iPhone 15 at the right time, in great condition, and through the right channel can make a noticeable difference in your wallet. Use Mobile Klinik’s easy trade-in calculator to instantly see exactly how much your device is worth, and get started on your next upgrade today.
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Frequently Asked Questions (FAQs)
1. How quickly does the iPhone 15 lose its resale value?
On average, the iPhone 15 loses about 20% of its value after the first year, with faster depreciation occurring right after a newer model release. Selling your phone sooner typically maximizes your return.
2. Does colour affect the resale value of my iPhone 15?
Yes, popular colours like Black, Silver, and special editions usually fetch slightly higher prices due to higher demand compared to niche or unusual colours.
3. Should I sell my iPhone 15 privately or use a trade-in program?
Private sales typically yield higher prices but require more effort and come with risks. Trade-in programs offer convenience, security, and immediate payment, ideal for hassle-free selling.
4. Can replacing my battery improve my iPhone’s resale value?
Absolutely. Phones with higher battery health significantly appeal to buyers and can increase your resale value, often surpassing the cost of the replacement. Learn more about iPhone battery replacement at Mobile Klinik.
5. Is it worth repairing minor damage before selling my iPhone 15?
Usually, yes. Minor repairs, such as screen replacements or fixing charging ports, can dramatically improve your phone’s appeal and resale price, often more than covering the repair cost.
6. How do I securely erase my data before selling?
To safely erase data, back up your device, log out of iCloud, and select “Erase All Content and Settings” under Settings > General > Transfer or Reset iPhone. See our step-by-step guide for preparing your iPhone for sale.
7. Does original packaging matter when selling my iPhone 15?
Including the original box and accessories can increase your phone’s resale value by around 5–10% by boosting buyer confidence.
8. How can I check the current trade-in value of my iPhone 15 instantly?
Use Mobile Klinik’s easy online trade-in calculator to instantly find your exact trade-in value.
