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Based on the latest report released by Compare and Recycle, foldable smartphones experience a significantly steeper decline in value within the second-hand market compared to their traditional counterparts, earning them the title of the smartphone category with the poorest value retention. Data indicates that foldable phones can plummet in value by up to 70% within their inaugural year of purchase. Even the most robust foldable models undergo a depreciation of up to 57% in the same timeframe, with certain models witnessing value drops surpassing 80%. In contrast, traditional smartphones depreciate at an average annual rate of 55.3%, leaving foldable phone users to absorb an average loss of $997.69 in the first year—a figure nearly $400 higher than that incurred by traditional smartphone users.
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