[RealGeek]

I usually buy a $900 iPhone, sell it for $600 after a year, and buy the new iPhone for $900. So I spend around $300 to upgrade my iPhone every year.

I used to upgrade my phone after 3 years, at that point the phone becomes very outdated and it's worth is hardly $100. So it costs me around the same if I buy an inexpensive phone every year, buy an expensive phone and use it for few years, or trade up a new iPhone every year.

[jaxondu]

This strategy only works for iPhone which has great resale value.

[kayoone]

Works for Pixel too, but doing this with any of the other android brands would turn out more expensive.

[swah]

I think it might work with expensive Android phones if you do that every 6 months or even less... (keep the box and phone intact of course).

[yorby]

depends when you buy... I sold my last phone for the same amount that I bought it for, a year later (bought it on sale and it was not a Pixel or iPhone)

[_nedR]

which phone was it?

[yorby]

Samsung Galaxy J3... not a flagship phone, but I bought it and sold it for around $50 ... another example could be the LG X-charge that was sold by Comcast for $0.01 last year on sale (no contract) and it is $180 now

[make3]

that's a lot of work

[TomMarius]

Anecdote: It takes less than 10 minutes. I call the local iPhone/Mac dealer, we agree on a time, they come, give me money, I give them the device and it's done.