How Much is an Apple Watch Series 5 Worth Now? Best Apple Watch Series 5 Used Prices (Apr 2024)
Compare Your Apple Watch Series 5 Resale Values
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- You can lose up to $93.90 cash on the resale of your device if you don’t compare offers through our comprehensive guide. We provide the best deals and information to assess your device’s value.
- What is an Apple Watch Series 5 worth? It is easy to get lost sifting through quotes from different buyers. Whether upgrading, getting rid of an old device, or wanting an Apple Watch trade, we’ll compare your options and show you the best prices.
- Are you trying to sell your old Apple Watch? Our guide lets you compare options such as buyback websites, store trade-ins, carriers, and private marketplaces to get paid the most cash possible.
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How Much is my Apple Watch Series 5 Worth?
Today's Used Apple Watch Series 5 Market Price Breakdown
The average market or trade-in value of an Apple Watch Series 5 is $73.75, with prices ranging from $6.00 to $135.00 from the best buyback stores.
When the device debuted in late 2019, the new watch offered improved capabilities such as an always-on retina display, emergency services, GPS cellular connectivity, and built-in navigation. While the product initially cost $399 for non-cellular models and $499 for cellular models, your device could still be well worth a resale nearly three years later.
The Series 5 was the first model to introduce an always-on retina display and built-in navigation, allowing it to stay competitive in the resale and trade-in market. Nevertheless, considering the age of this model, it is a great idea to consider resale or trade-in early to get a better deal.
Each Apple Watch will have a different resale value based on certain conditions. So it’s crucial to know the exact specifications of your device to sell it or trade it in for a better price.
The factors affecting the Apple Watch Series 5 used price are the following:
Connectivity:
A watch that connects to GPS cellular networks will receive a higher price during trade-in. New Apple Watches in this series offered two connectivity options:
- GPS (Wi-Fi Only)
- GPS + Cellular
Watch Size
The Series 5’s selling price is higher for the 44mm devices. This device comes in two different sizes:
- 44mm
- 40mm
Watch Case Material (Style):
Another factor impacting the price is the material of your watch case. Each finish will impact a used Apple Watch Series 5 price differently. Apple Watches offer finishes made of:
- Aluminum
- Stainless steel
- Ceramic
- Titanium
Condition
Make sure to clean up your device and have it in the best possible condition for resale or trade-in. Your device’s condition will play a significant role in determining its trade-in value. Online buyback stores classify devices as:
- Mint or Flawless
- Good
- Cracked
- Faulty
Payment Options
Your choice of payment will impact the worth of an Apple Watch. Examples are direct-to-consumer forms of payment like:
- Direct Deposit
- Check
- PayPal
Most trade-ins will only offer store credit for your device or an Apple gift card, which is more limiting. Some stores will offer a higher price if you choose store credit over cash.
- If the watch is in good condition and you’re ready for a change, make sure that you also check the mode of payment where you can get the most cash.
Condition Quotes: Apple Watch Series 5 Best Used Price
The trade-in value of your Apple Watch depends on the watch size, condition, and other factors like GPS cellular connectivity. Understanding how size affects the resale price is simple: the larger watches will sell for more.
The condition of your watch is one of the biggest factors to impact the purchase price of your watch.
Be careful about trying to sell a broken Apple Watch, iPhone, or another device. While the condition of your device will impact its trade-in value, you should still consider where to sell it. Online buyback sites and private marketplaces like direct-to-consumer sales or auctions might offer better prices and direct payments for devices in good condition. Carriers and the Apple store might only offer you store credit.
Online buyback sites are more flexible with receiving varying kinds of conditions of the Apple Watch Series 5.
Despite your device’s faulty or good condition, delaying will likely decrease your device’s resale or trade-in values, so don’t wait to sell.
What do the conditions mean?
- Mint Condition: Used but is in good shape and functions as originally intended, no marks or scratches, appear brand new and fresh-out-of-the-box
- Good Condition: Used but functions as originally intended, might have minor scratches or marks, no significant damage to hardware or software
- Cracked Screen or Case/Damaged Condition: The device has a cracked screen or case but still works as intended
- Faulty Condition: The device doesn’t power on or has major software issues such as freezing and crashing, significant cosmetic damage, unusable buttons, or water-damaged
Resale Market Comparison: Best Apple Watch Series 5 Trade-in Values
The table above illustrates how much you can miss by not understanding your device’s specs and picking the wrong quote.
When this model was first released, it provided a significant upgrade from previous models. The always-on retina feature allowed the stainless steel or aluminum watch to function more like a non-smartwatch.
It also came with many new, attractive features like built-in navigation, international emergency calling, and a new software suite that tracked increased fitness and health data, making it a top seller.
Prepare Your Apple Watch for Sale
Although it is not necessarily a good time to sell an old Apple Watch according to anticipated demand or current stock prices, they can differ when reselling.
To increase your Apple Watch worth:
- Restore your watch to good condition by removing dust, oil, and other residues.
- Consider changing your band.
- Remember to back-up important data.
- Remember to unpair your watch with your iPhone.
- Remove your Apple ID.
- Restore original factory settings like any watch apps initially installed.
Cleaning and resetting your watch and each watch app will likely increase the trade-in value and simplify the selling process.
If you’re in the process of trying to sell Apple Watches, various buyback companies, private sites, and retailers will pay cash for your old device. However, it’s essential to find different deals and prices to understand their differences.
Different Types of Buyers Include:
GPS + Cellular How it Impacts Your Apple Watch Series 5 Resale Value
Another feature of your Apple Watch that will significantly impact its price is the level of connectivity. Apple Watches with GPS cellular internet connectivity sell for higher prices than those that connect only to GPS.
While a watch with only GPS internet connectivity can still use cellular data when your iPhone is near, watches with cellular connectivity function like a phone. Hence, there is a fair price difference between the two types of connectivity.
Regardless of connectivity type, ensure all your carrier finance payments are complete before selling if you haven’t completely paid for them when you first purchased your device.
Unpaid carrier bills can complicate the resale or trade-in process. If your payments are complete and you know your device’s connectivity, it’s much easier to sell it today.
How Quickly Your Apple Watch Series 5 Loses Value:
The Apple Watch Series 5 was released in the US in 2019 for $399 for those with GPS-only connectivity. The GPS + Cellular model was released in September 2019 for $499, now the highest price you can get is $135.00.
Apple Watches tend to lose value quickly because Apple frequently releases new models with upgraded features. During each market year, an Apple device loses approximately 16.70% to 33.62% of its trade-in value.
The resale price typically drops dramatically in the three months following a new Apple Watch release. Apple releases most of its new products in the fall, so it’s better to sell earlier.
There are flexible trading options if you’re not entirely ready to sell your old Apple Watch or iPhone. For most stores on our website, you can freeze prices for seven to 31 days without sending the device.
Additionally, many buyers will return your device for free if they find issues in product testing and receive a lower price than initially offered.
With so many flexible options, reselling your device should be a hassle-free experience.
FAQs
Is it worth buying the Apple Watch Series 5?
The Apple Watch Series 5 is worth it if you’re an athlete, traveler, or outdoor or fitness enthusiast who will benefit from the comprehensive health, cycle, and elevation tracking features, built-in compass, and Noise app it offers.
Can I sell the Apple Watch Series 5?
Yes, you can sell your used Apple Watch Series 5 in faulty or good condition at BankMyCell for the best price. Here’s how:
- Visit BankMyCell’s Apple Watch Series 5 trade-in page.
- Select the correct specification and condition of your old Apple Watch.
- Compare quotes from trusted buyback stores.
- Click Get Paid and follow the on-screen instructions.
- Ship your device and get paid within one day (depending on your preferred payment option).
How old is the Apple Watch Series 5?
The Apple Watch Series 5 was released in September 2019 and will be five years old in 2024.
