Your Galaxy S22 may have lost more than half its value since you bought it

The Samsung Galaxy S22 phones may not be worth much just months after purchase. According to a study conducted by SellCell (h/t ZDNet), a popular US trade-in website for smartphones, Samsung’s current flagships can lose half their value in just a month.

SellCell used internal data to analyze the depreciation values of the iPhone 13, Galaxy S22, and Pixel 6 lines over the first two months of their launch. All devices were considered “like new” or in “good” condition.

The findings showed a stark drop for the Galaxy S22 range and the Pixel 6 duo.

The Samsung Galaxy S22 range lost the most value on average, at 51.1% in (Good) and 46.8% (Like New). The Pixel 6 range followed it at 43.5% (Good) and 41.5% (Like New), and the iPhone 13 range at only 16.4% and 19.1%.

More specifically, the Galaxy S22 Plus with 128GB storage emerged as the worst performer. As per the report, an S22 Plus in good condition depreciates by an astronomical 57.5%, while one that’s almost new goes down by 53.8% in value. That’s a loss of up to $574.99 of what you paid for the phone.

Google’s worst performer turned out to be the Pixel 6 Pro 256GB version. It saw 47.9% (Good) and 45.7% (Like New) depreciation two months after its launch. That’s a loss of up to $479.00 in cash terms.

The phone that retained most of its value was the iPhone 13 Pro Max. It saw single-digit depreciation at 4.7% (Good) and 3.8% (Like New) — a maximum cash loss of just $52 since launch.