Think twice before buying a smartphone. A recent study, smartphone price decreases faster than the car. Before one month old smartphone comes down to half price.
UK online trading platform on Thursday in a report published Musicmagpie, where a year-old car in its price reduced 20 per cent, but 65 per cent of the smartphone price decreases within a month.
According to the report, compared to the iPhone can hold its value well than Android phones.
Smartphone prices are falling because of improved, high-speed and technical advantages of the new models come out. In addition, certain models of older models as a result of rising demand for new phones decreased in popularity, and its price is reduced.