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Samsung smartphones sell like Ice Cream Sundaes at a Summer camp. Simply put, Samsung's sales are nothing short of stellar. No manufacturer in the mobile arena can get within spitting distance of them. However, the King's reign is coming to an end as the Android ecosystem beckons a successor to the Galaxy S III.

Yesterday, the often credible @evleaks tweeted the image above, which is nothing but a mock-up from a retailer. Our own Alex Wagner broke the news first. You can check out the retailer's page and all of its rumors at their own site for more details.

Long story short, we know as much (or little) about Samsung's Galaxy S IV as we did yesterday before @evleaks posted the images. So, if you're still just as excited as I am to see the next big thing in all of its glory, you probably have a smartphone lying around to sell.

Personally, I have the most experience buying and selling Apple's products, and I've explained my take on the matter in my last resale values editorial about HTC. In essence, the Apple Rule need not apply to HTC and their products, but I've noticed Samsung is not far behind in resale value as compared to the fruit company. Good news for those who plan on picking up Samsung's next intergalactic device.

Buying and selling smartphones is no easy feat but if you have an Android phone, the Galaxy S brand is the most widely recognized. This helps consumers identify with the product before it's even sold. In my experience, brand recognition is half the battle when reselling.

But like anything that can now be labelled "old" or "last-gen," there will be some difficulties unloading the device for a decent price.

I've always been the sort of person to at least attempt to sell my device. My idea of selling is simple. If you can say you made a counteroffer to whatever was pitched to you, you're trying to sell. There's a salesman in all of us, you just have to find that person.

If you're the sort of person who doesn't have any interest in selling, I'm talking to you here as well. Regardless of your ideas of the latest gadgets or buying tendencies, there's no reason not to want to make as much money as you can by selling your old smartphone.

In this case, I'm talking to the largest audience of smartphones in the Android ecosystem: the Samsung Galaxy S III.

As you know, Samsung's ability to get the same device on each of the four major wireless carriers in the States was part of the reason the device was so successful. Samsung hit the nail on the head and they're still pinning new records into the Android Wall of Fame.

Yet, it's not all good news for those who are trying to sell their Galaxy S III. Selling a carrier-locked presents consumers with different values depending on their mobile provider. To top it off, you're about to join a non-exclusive crowd of second-hand Galaxy S devices.

To those looking to get rid of your Galaxy S III for the S IV, I've done some research for you in hopes of easing the pain. If you want to make a little cash in the process to cover the value of the 2-year commitment you plan to sign for the new Galaxy S IV, here's what you can expect when you try to sell that dusty Galaxy S III.

I have gathered a sample group of smartphone values across the nation. Here are my results.

 

Samsung Galaxy S III - AT&T

- Retail: $549.99
- Market value: $395.60
- Gross margin: 72% of retail value
- Forecasted value in one month: 60%
- 60% of retail: $330.00
- Tip: The AT&T Galaxy S III holds its value the best out of all carriers. Expect to sell it for no less than $330.00.


Samsung Galaxy S III - Sprint

- Retail: $549.99
- Market value: $320.00
- Gross margin: 58% of retail value
- Forecasted value in one month: 50%
- 50% of retail: $275.00
- Tip: The Sprint Galaxy S III has taken the biggest hit in the second-hand market. Selling it as close to $300.00 as possible is a good target.

 

Samsung Galaxy S III - T-Mobile

- Retail: $599.99
- Market value: $395.30
- Gross margin: 66% of retail value
- Forecasted value in one month: 50%
- 50% of retail: $330.00
- Tip: An LTE Galaxy S III with the 1700MHz flavor of T-Mobile's LTE band just passed through the FCC, so expect the original Galaxy S III on T-Mobile to take a pretty big hit in value when the Galaxy S IV arrives at the carrier.


Samsung Galaxy S III - Verizon

- Retail: $599.99
- Market value: $370.90
- Gross margin: 62% of retail value
- Forecasted value in one month: 55%
- 55% of retail: $330.00
- Tip: The value of the Verizon Galaxy S III IS relatively stagnant, possibly because of the Black color. This should not be a hard variant to sell for around $325.00.

 

Note: The average market values are based on data gathered from adhuntr.com and eBay.com. The average market values are pre-negotiation. Retail values are based on carrier's retail prices. I assume no responsibility for the success or failure of selling your smartphone. May The Force be with you, Dear Reader.


If you're looking to pick up the Galaxy S IV, you're not alone! You can almost guarantee it will sell as well as its predecessor. But with that comes an increased level of saturation in the second-hand market. In other words, make sure you're negotiable and willing to sell your smartphone. Your level of negotiation and leverage is extremely low at this point in time. Let me know how I can help you unload that old Galaxy S in the comments below. If you have any questions, ask away. Thanks!


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Products mentioned in this Article



eBay prices for the Samsung Galaxy S III


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34 Reactions to this post

"Are you planning on selling your Samsung Galaxy S III on AT&T, Sprint, T-Mobile, or Verizon for the next big thing: Samsung's Galaxy S IV?"


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Kyrie Johnson
Kyrie Johnson The note 3 can't be too far behind so I am going to hold out for that. #holdingontomyS3
Tiger Panomthonichakul
Tiger Panomthonichakul yes , but might be for s4/xperia z/htc one!
Jamille Browne
Jamille Browne People better hurry up because the resale is going to be low low low soon.
Lennes Shaw
Lennes Shaw I guess I'll get this since nothing else is coming.out
Howie Eastin
Howie Eastin Nope already did
Dominique Ingram
Dominique Ingram Hopefully if I can
J Litz Van
J Litz Van No, but I will be selling my galaxy s3 for the HTC One.
Ben Pierce
Ben Pierce Depends on what the retail price point is... Not sure the offerings will be that much better to justify the $300-$400 out of pocket cost even after selling to go from one great phone to an even better and newer great phone...
Jose Sut
Jose Sut Yes.....
Cesario Brito Jr.
Cesario Brito Jr. Waiting for the Note 3.
Chase Ros
Chase Ros That's what I'm talking about, Lim!
Lim Xilvre
Lim Xilvre already sold
Jeff Seaver
Jeff Seaver Already sell and keep Note 2 until S 4 come out but same time waiting for LG Optimus G Pro
Alberto Garcia Flores
Alberto Garcia Flores It depends if it's better than any other phone, if it's not as good as my S3, I'll buy the Xperia Z.
Edgar Rodriguez
Edgar Rodriguez Depends I pushed my vibrant for two years because I was able to do so much to it but I haven't done anything but root my gs3
Bobby Delaney
Bobby Delaney Waiting on google I/O first for signs of the X phone
Kerdrick Pierre
Kerdrick Pierre Guys if you wanna save some money on these phones when you upgrade or get a new plan checkout pierreke.acndirect.com they have some great deals on phones, I just got my note 2 from there for $199.
Jose Be Julme
Jose Be Julme Yes i will!! T-Mo here.
Marlon Milligan
Marlon Milligan I'm getting the amazing HTC One. It's already winning awards & the design is fucking epic. The S4 will have a lot of cute features I may and may not use. I love my note 2 & I will keep it but the HTC will be my daily driver. I really want the Note 3 & the HTC One. The Note 3 will be better than S4 period. That's how it always go. But the HTC One will have premium design on lock for the rest of the year. I don't really see anyone competing with the build quality & design. X phone might be cute too but I can't wait that long
David Kimberlin
David Kimberlin Nope waiting on the note 3.....Once you use a note nothing else comes close.... ;-)
Matt Pankey
Matt Pankey Don't know yet.
Charles W. Y. Wong
Charles W. Y. Wong Note II still king to me!
Jesse Ling
Jesse Ling I'm stickin with my Galaxy S II.I honestly dont have any real need for the biggest newest tech when whats here is perfectly fine.
Fabian Toti
Fabian Toti no
Christopher Manic Johnson
Christopher Manic Johnson Wouldn't surprise me if ppl jump on the HTC One bandwagon this time round.
Martin Pribojsky
Martin Pribojsky not S3, my tuned S2 :-)
Roberto Baños Lozano
Roberto Baños Lozano Nop! Full price always!!!
Peter Blanco
Peter Blanco I am now!
Reese Woodson
Reese Woodson I'll probably sell my iPhone 5 to get the Galaxy S4........
Camar Green
Camar Green Upgrade to note 3 from iPhone 5 ... Att or Verizon ... Might leave sprint
Zo Strokes
Zo Strokes yeah. mine will be a bundle. gs3 comes with nexus 7
Mark Belkowski
Mark Belkowski If it looks anything like the leaks I'm passing.
Yvonne Neilson Shefke
Yvonne Neilson Shefke Plan to upgrade.
Mathieu Omoregie
Mathieu Omoregie Selling my note 2 to get it....




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