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iPhone 16

Used resale value · updated Oct 16

$495 – $560

Typical $525▼ 17.1% · 35d

$495 lowtypical $525$560 high
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Sep 11Daily median · shaded: low–highOct 16

Middle 50% of 65 used listings on eBay US. Asking prices; sales usually land 10–20% lower.

What moves the price

  1. 01

    Being the current generation, resale value is at its strongest point right now — it will decline further with each new annual release.

  2. 02

    Apple Intelligence (on-device AI features) requires this generation or newer — a genuine, specific selling point for buyers who want it, not just general marketing.

  3. 03

    The Camera Control button is new hardware unique to this generation — buyers familiar with it may specifically look for it.

  4. 04

    Storage capacity still matters enormously — a 256GB/512GB model sells for meaningfully more than the base configuration.

  5. 05

    Battery health and screen condition are checked as closely as with any iPhone generation — don't assume "newest" excuses cosmetic wear.

  6. 06

    Pro/Pro Max models hold value better than the base model of the same generation, consistent with every recent iPhone release.

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The full story

The iPhone 16 is currently Apple's most recent generation, which means it holds the strongest resale value of any iPhone model — depreciation accelerates a lot once a newer generation ships, so right now is close to the best resale timing this specific model will ever have.

Its two headline changes were the new Camera Control button (a dedicated hardware control, not previously seen on iPhone) and Apple Intelligence, Apple's on-device AI feature set — both are genuine differentiators buyers may specifically ask about, more than most year-over-year iPhone updates.

A general starting point for a currently-current-generation iPhone — Pro/Pro Max models and higher storage tiers sell for meaningfully more than this baseline. Scan yours in Cashd for a configuration-specific estimate.

Used (eBay listings): the iPhone 16 averaged $633 on Sep 11 and $525 on Oct 16, so prices fell 17.1% over 36 days of tracking. The lowest daily median was $502 (Oct 15) and the highest $633 (Sep 11).

Questions

Is the iPhone 16 still worth a lot right now?

Yes — as Apple's current generation, it's at the strongest point in its resale curve; value declines further with each subsequent annual release, so selling sooner rather than later typically gets a better price.

Does Apple Intelligence affect resale value?

It can be a genuine selling point for buyers specifically wanting those on-device AI features, since it requires this generation or newer — worth mentioning explicitly in a listing.

What's the Camera Control button and does it matter for resale?

It's a new dedicated hardware button for camera functions introduced with this generation — not a major price driver on its own, but part of what distinguishes this model from the 15 for buyers comparing generations.

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