If you're sitting on an iPhone 15 Pro or 16 Pro and wondering whether to sell now or hold, the answer depends on resale depreciation curves — not just current prices. Here's the real comparison.
| Model | Storage | Good | Fair | Poor |
|---|---|---|---|---|
| iPhone 16 Pro | 128GB | $560 | $440 | $295 |
| iPhone 16 Pro Max | 256GB | $670 | $530 | $360 |
| iPhone 15 Pro | 128GB | $385 | $295 | $198 |
| iPhone 15 Pro Max | 256GB | $460 | $360 | $240 |
The iPhone 15 Pro launched at $999 in September 2023. By April 2026 (30 months later), it's buying back at $385 — that's a 61% depreciation from MSRP.
The iPhone 16 Pro launched at $999 in September 2024. By April 2026 (18 months later), it's at $560 — a 44% depreciation. Still ahead of the curve, but it's dropping.
| Metric | iPhone 15 Pro | iPhone 16 Pro |
|---|---|---|
| Launch price | $999 | $999 |
| Current buyback | $385 | $560 |
| Months on market | 30 months | 18 months |
| Depreciation from MSRP | 61% | 44% |
| Monthly depreciation rate | ~$20/mo | ~$24/mo |
📉 Key takeaway: The 16 Pro is losing about $24/month in resale value right now. The 15 Pro has slowed to ~$20/month as it approaches its floor price. If you have a 16 Pro, every month you wait costs you more.
Both iPhones follow the same pattern: the steepest drop happens in the first 12 months after launch, then it levels off. The iPhone 16 Pro is still in its steep depreciation phase.
iPhone 17 Pro launches around September 2026. Historically, when a new Pro model drops, the previous year's model loses 15–25% of its buyback price within 30 days. That means a 16 Pro going for $560 today could drop to $425–$475 by October 2026.
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