LG smartphone depreciation in the U.S. 2024

Published by
Federica Laricchia,
Nov 14, 2024

In the United States, the price of a G7 ThinQ 64GB launched in 2018 had decreased by 98.7 percent, and the Wing 5G 128GB (2020) by 87.4 percent as of November 2024. To find the average monthly depreciation, the depreciation percentage should be divided by the number of months since the model's launch date.

LG smartphone depreciation in value since launch in the United States in 2024

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Release date

November 2024

Region

United States

Survey time period

2024

Supplementary notes

The depreciation in value of LG smartphone models is based on the manufacturer's suggested retail price (MSRP) at the time of launch to the top price for the same model listed as "like new" as of November 2024. 

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