In the United States, the price of a Wing 5G launched in 2020 had decreased by 87.3 percent, and the Velvet 5G by 89.8 percent as of September 2023. 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 2023
Characteristic
Depreciation in value
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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 September 2023.
The date of release is the date of access.
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SellCell.com. (September 25, 2023). LG smartphone depreciation in value since launch in the United States in 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1336931/lg-smartphone-depreciation-values-usa/
SellCell.com. "LG smartphone depreciation in value since launch in the United States in 2023." Chart. September 25, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1336931/lg-smartphone-depreciation-values-usa/
SellCell.com. (2023). LG smartphone depreciation in value since launch in the United States in 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1336931/lg-smartphone-depreciation-values-usa/
SellCell.com. "Lg Smartphone Depreciation in Value since Launch in The United States in 2023." Statista, Statista Inc., 25 Sep 2023, https://www.statista.com/statistics/1336931/lg-smartphone-depreciation-values-usa/
SellCell.com, LG smartphone depreciation in value since launch in the United States in 2023 Statista, https://www.statista.com/statistics/1336931/lg-smartphone-depreciation-values-usa/ (last visited July 22, 2024)
LG smartphone depreciation in value since launch in the United States in 2023 [Graph], SellCell.com, September 25, 2023. [Online]. Available: https://www.statista.com/statistics/1336931/lg-smartphone-depreciation-values-usa/