Samsung

Pre-owned Mobile Device Values Stay Strong Amidst Coronavirus Pandemic

29th April 2020 – HYLA Mobile, the world’s leading provider of software technology and services for mobile device returns management and reuse solutions, today released data on mobile device trade-in trends for Q1 2020. HYLA’s data reveals that despite the Coronavirus pandemic causing significant disruption to the supply and distribution of new and pre-owned devices, it has not had much impact on pre-owned device values. In fact, according to HYLA’s exclusive data, pre-owned smartphones have held their value from Q4 2019 and returned more than $535 million to U.S. consumers through mobile device trade-ins in Q1 of this year—an increase of 1.5% from Q1 2019.

HYLA Mobile: Mobile trade-in programs returned $2.378 billion to US consumers in 2019

30 January 2020 – HYLA Mobile, the world’s leading provider of software technology and services for mobile device returns management and reuse solutions, today announced results from its analysis of the mobile device trade-in market for 2019. The report reveals that $2.378 billion was returned to US consumers last year via mobile device trade-in programs—an increase of 4.7% from 2018.

HYLA combines live market figures and its own analytics solution to identify the latest trends for the pre-owned mobile device market in North America. HYLA provides its analysis of the latest market trends both on a quarterly and annual basis. Key findings from HYLA’s 2019 trade-in trends report reveals that: