The Value Proposition of Apple's iPhone 8 Plus: A Budget-Friendly Option with Strong Resale Value
When it comes to purchasing a smartphone, one of the most important factors to consider is the value proposition. In this article, we'll examine the design, features, and resale value of Apple's iPhone 8 Plus, a budget-friendly option that offers a lot of bang for your buck.
Design: A Dated but Functional Aesthetic
The iPhone 8 Plus' design is definitely a bit dated, with bezels that are reminiscent of phones from two to three years ago. The phone mostly shares its design with the iPhone 6, which was released in 2014. While this may not be ideal for those who prioritize aesthetics, the rest of the design has held up relatively well, particularly with the glass back on the phone.
One aspect of the design that we don't like is the bezels - they're just not as slim and modern as some of the newer iPhones. However, when it comes to functionality, the iPhone 8 Plus has proven itself to be a solid choice. The display is a crisp 5.5-inch 1080p retina LCD with a pixel density of 400 pixels per inch. While this may not be as high as some of the newer iPhones (such as the iPhone 10, 10S, 11Pro, and their max counterparts), which boast 458 PPI, it's still more than the also-LCD iPhone 11, which has a pixel density of just 326 PPI.
In terms of features, the iPhone 8 Plus checks all the right boxes. It comes with wireless charging, dual cameras, Portrait mode, and Touch ID - all essential features that make it a solid choice for those looking for a budget-friendly smartphone without sacrificing too much functionality. The phone is powered by Apple's A11 chip, which still feels snappy and powerful even after two years.
A Study in Resale Value
One of the most compelling aspects of the iPhone 8 Plus is its resale value. When new, an iPhone 10S costs around $575 on average on eBay, which means it depreciates by approximately $424 over the last year. This puts it at a significant advantage compared to other smartphones. In contrast, a contemporary Google Pixel 3, which cost $800 a year ago, is now worth only $320 - that's a depreciation of $480 over the past year.
The math isn't perfect, and resale value can vary depending on a range of factors such as location, condition, and demand. However, for those who purchase their phones outright, resale value should be taken into consideration. The iPhone 8 Plus offers strong midlife resale value, typically depreciating by only $100 to $200 between year two and year five of its life. This makes it an attractive option for those looking to buy a used iPhone.
The Verdict: A Budget-Friendly Option with Strong Resale Value
In conclusion, the Apple iPhone 8 Plus offers an impressive value proposition that combines strong features, a functional design, and exceptional resale value. At $377, this budget-friendly smartphone is an attractive option for those who want the best of both worlds - performance and affordability.
With its long list of essential features, crisp display, snappy Touch ID, and A11 chip powering it all, there's little to complain about with this phone. Even though it may not be as modern or cutting-edge as some newer iPhones, the iPhone 8 Plus still feels like a solid daily driver - and that's exactly what matters.
When considering resale value, buying a used iPhone is no longer just about saving money upfront. It also means that you'll have access to a wide range of essential features for years to come, with Apple typically providing three more years of software support after the initial purchase. This makes it an attractive option for those looking to buy a smartphone without sacrificing too much functionality.
Overall, the iPhone 8 Plus is a strong contender in the budget-friendly market, offering a compelling combination of performance, features, and resale value.