
iPhone launch impact on trade-in prices (2023-2025): three years, three different patterns
Trade-in prices crashed 15% in 2025, stayed flat in 2024, and dropped then fully recovered in 2023. Three iPhone launches, three different outcomes.
Key takeaways
- →2025 was a clean crash: iPhone 16 trade-in offers fell 15% starting three weeks before the iPhone 17 keynote, bottoming out two weeks after release.
- →2024 had no launch effect: iPhone 15 trade-in offers barely moved around the iPhone 16 keynote or release, and finished the window close to where they started.
- →2023 was a one-day shock that recovered: iPhone 14 trade-in offers dropped 8.7% almost overnight on the iPhone 15 keynote day, then fully recovered within a month.
Does this happen every year?
A single case study is a tempting thing to over-generalize from. When we first looked at the iPhone 16 trade-in price around the iPhone 17 launch, the pattern was clean: a three-week anticipatory decline, a sharp drop, a single trough, a partial recovery. It reads like a rule. So we checked whether it actually is one, by pulling the same analysis for the two prior launch cycles — the iPhone 15 launch in 2023 and the iPhone 16 launch in 2024, using the outgoing model's launch impact on trade-in price each time.
It is not a rule. Each of the last three launches produced a different shape.
The snapshot
Same method, same 18 vendors, same 7 European markets, three different launch years, each tracked over the same 17-week observation window from early August to late November. The peak-to-trough decline ranges from a clean -15% down to essentially flat.
RecommerceIQ · Trade-in price monitoring
Prior-generation iPhone trade-in offers, keynote week vs. eventual trough
Same 18 vendors, 7 European markets, all three years · Grade A only
-15%
peak to trough
Clean crash. Single trough, ~2 weeks after release.
~flat
peak to trough
No launch effect. Prices closer to baseline in month four than at the peak.
-8.7%
peak to trough
Overnight drop on keynote day, then fully recovered within a month.
Three launches, three shapes. The 2025 crash is not the annual default — it is one of three outcomes.
Methodology: Trade-in prices for the outgoing iPhone model, base 128GB storage tier, standard line only (Pro, Pro Max, Plus, and mini variants excluded), Grade A condition, checked weekly across the same 18 vendors in 7 European markets (Switzerland, Germany, Italy, Greece, Romania, France, and the UK), for the 17 weeks spanning early August to late November in each of 2023, 2024, and 2025.
A note on terms: we use "trade-in" throughout because it's the term most readers search for, but what we're tracking is the fast-moving cash offer a specialist recommerce platform quotes for buying a device outright — not the credit issued at a carrier or OEM trade-in counter, which typically resets less often and moves independently of daily market prices. In our glossary, this is what we define as buyback.
Three years, three shapes
2025: the clean crash. iPhone 16 trade-in offers were already down 5% the day before Apple's keynote, then kept falling through a single trough two weeks after the iPhone 17 shipped — 15% down from the early-August baseline. This is the pattern that most closely matches the industry shorthand of a launch-driven price crash.
2024: nothing happened. iPhone 15 trade-in offers moved less than 2% in either direction around the September keynote or the release date, and in the days immediately after launch, offers actually ticked up. The eventual low point, in late October, was still close to the early-August starting level. There is no launch-shaped event to point to in this year's data.
2023: a shock, then a full recovery. iPhone 14 trade-in offers dropped from 657 EUR to 573 EUR in a single day around the keynote — an 8.7% overnight move, the fastest of the three years. But it did not stick: by mid-October, offers had climbed back to within a few percent of where they started before the keynote. A larger decline eventually followed, but not until late November, more than two months after release — too far removed from the launch to attribute to it with any confidence.
Trade-in price index by launch year · Week 1 (early August) = 100
17 weeks from early August · keynote falls around W6–W7, release the week after
What this means for recommerce operators
- 1Don't assume last year's pattern repeats. Pre-cutting trade-in offers three weeks ahead of the keynote would have been the right call in 2025 and mostly harmless in 2023 — but a needless discount in 2024, when prices barely moved. A launch calendar tells you when to watch. It does not tell you what you'll see.
- 2A fast drop is not automatically a lasting one. 2023's overnight 8.7% move had fully unwound within a month. Reacting to day-one price movement without confirming it holds for two or three weeks risks repricing off a move that reverses.
- 3Live monitoring beats a fixed playbook. With three different outcomes in three years, a static "cut offers by X% at launch" rule would have been wrong two years out of three. Competitor price monitoring that shows what is actually happening this cycle, week by week, is the only way to tell which of the three shapes you're in before the quarter is over.
Frequently asked questions
Do trade-in prices always crash after a new iPhone launches?
No. Across the three most recent iPhone launches, we found three different outcomes. The iPhone 17 launch (2025) produced a clean 15% drop in iPhone 16 trade-in offers. The iPhone 16 launch (2024) barely moved iPhone 15 trade-in offers at all. The iPhone 15 launch (2023) triggered a sharp 8.7% overnight drop in iPhone 14 trade-in offers on keynote day, which then fully recovered within a month. Treating "launch crashes trade-in prices" as a reliable annual pattern is not supported by the data — each cycle needs to be checked on its own.
What happened to iPhone 16 trade-in prices when the iPhone 17 launched?
Trade-in offers on the iPhone 16 fell about 15% peak to trough, from roughly 562 EUR to 478 EUR, bottoming out about two weeks after the iPhone 17 shipped in September 2025. The decline started early: offers were already down 5% the day before Apple's keynote, as trade-in desks priced in the expected announcement roughly three weeks ahead of it.
What happened to iPhone 15 trade-in prices when the iPhone 16 launched?
Almost nothing, at least not around the launch itself. Trade-in offers on the iPhone 15 stayed within about 8-12% of their early-August level through the September 2024 keynote and release, and even ticked up slightly in the days after launch. The eventual low point, in late October, was still close to where prices started in August — there was no clean launch-driven decline to point to.
What happened to iPhone 14 trade-in prices when the iPhone 15 launched?
A sharp, fast move, but not a sustained one. Trade-in offers on the iPhone 14 dropped about 8.7% in a single day around Apple's September 2023 keynote, then held roughly flat through the October release window, then recovered to near pre-keynote levels by mid-October. A larger decline did follow, but not until late November, more than two months after release — too far out to attribute to the launch itself. Note that 2023 coverage in our data is thinner than 2024 or 2025 (roughly a quarter of the daily listings), so this pattern should be treated as more tentative than the other two.
Related reading
iPhone 14 Grade A resell arbitrage: cross-border price gaps across Europe and the US
Eight weeks of resell data across five markets: an 11 EUR gap between Italy and Portugal, Europe softening while the US moves up.
Read article →Market IntelligenceRecommerce specialists vs retail chains: who offers the best buyback price?
Live buyback price data shows recommerce specialists pay 21–48% more than retail chains for the same devices, but cover only 14–36% of the catalogue.
Read article →Track trade-in prices through every launch cycle, not just the last one
RecommerceIQ monitors trade-in prices across 30+ platforms daily, so you can see which of this year's patterns you're actually in, instead of assuming it's the same as last year's.
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