How Much is an Apple Watch Series 5 Worth? (Resale & Trade-in Value)

Compare Your Apple Watch Series 5 Resale Values

You are here:
By Ash Turner
As CEO of CompareMyMobile.com and BankMyCell.com since 2009, Ash has been a pivotal figure in the mobile tech industry. With a background in managing Brightstar’s PhoneRecycleBank, he boasts extensive experience with global carriers and MVNOs like T-Mobile and O2, and leading manufacturers such as Apple and Samsung.

Learn about our editorial process

| Updated on May 24, 2024
Fact Checked By
Joey Bobiles
Joey is adept at creating comprehensive comparison guides and product reviews for devices from brands like Apple, Samsung, and Google. His expertise extends to thorough evaluations of smartphones, tablets, smartwatches, MVNOs, and phone plans, all while simplifying intricate technical information into easily understandable content.

Learn about our editorial process

.
Edited By
Kim Juanillo
Kim, an editor with a rich background in digital content management and developmental psychology, brings a unique blend of analytical and creative skills to BankMyCell. With her background in Psychology, Kim is adept at understanding complex concepts and transforming them into engaging, accessible content.

Learn about our editorial process

.
  • You can lose up to $34.00 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.

Compare 20+ Stores Quotes Here

BankMyCell compares over 100,000+ quotes and customer reviews from 20+ trusted buyback stores every 15 minutes via our data feeds, making us America’s #1 time-saving trade-in supermarket.

How much is my Apple Watch Series 5 Worth
Compare popular online, carrier & in-store trade-in offers
TODAY'S BEST Apple Watch Series 5 Trade-in Values
DeviceNew/BoxedGoodCracked
Watch Series 5$190.00$120.00$20.00Compare
Watch Nike Series 5$100.00$47.00$3.00Compare
* Best market prices updated July 19th 2024

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 $85.00, with prices ranging from $59.00 to $135.00 from the best buyback stores.

Compare Apple Watch Series 5 Values
Apple Watch Series 5 Resale Market Prices
Merchant40mm44mm
BuyBackWorld$170.00$190.00Compare
GadgetGone$78.00$97.00Compare
SmartphonesPLUS$76.00$81.00Compare
GadgetPickup$71.00$76.00Compare
Sell Locked$55.00$70.00Compare
Gadget Trader$1.55$1.35Compare
* Best market prices updated July 19th 2024

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.

DeviceNew/BoxedGoodCrackedFaulty
Watch Series 5$190.00$120.00$20.00$20.00Compare
Watch Nike Series 5$100.00$47.00$3.00$3.00Compare
* Best market prices updated July 19th 2024

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

DeviceMax PriceMin PriceDifference
Watch Series 5$190.00$1.00+$189Compare
Watch Nike Series 5$100.00$1.00+$99Compare
* Best market prices updated July 19th 2024

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:

  1. Restore your watch to good condition by removing dust, oil, and other residues.
  2. Consider changing your band.
  3. Remember to back-up important data.
  4. Remember to unpair your watch with your iPhone.
  5. Remove your Apple ID.
  6. 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:

In-store:

Amazon, Apple Store, EcoATM, BestBuy, and GameStop are places that accept trade-ins. These buyers typically offer lower prices than online buyback stores that also accept a used watch, iPhone, and other electronics or Apple products.

Many buyers pay less and only provide store credit or an Apple gift card. Therefore, before opting for these stores, you should look into other places first. Online buyback companies and marketplaces offer higher prices.

Carriers:

Examples of carriers are Verizon and AT&T. While carrier services often pay less for used devices, they will sometimes offer a trade-in for a new device at a significant discount.

Deals like these might be the perfect option for customers planning to upgrade an old device.

User-to-User Marketplaces:

Some examples are eBay, Swappa, Craigslist, and Facebook Marketplace. User-to-user marketplaces give you increased autonomy over price. But there’s no guarantee that someone will purchase your Apple Watch on these sites.

Additionally, it’s common for these sites to involve service fees, shipping costs, or in-person delivery requirements to sell your device on a site. Some, however, offer a prepaid shipping label that can minimize these costs.

GPS + Cellular How it Impacts Your Apple Watch Series 5 Resale Value

DeviceGPS + CelluarGPS
Watch Series 5$190.00$92.00Compare
Watch Nike Series 5$100.00$95.00Compare
* Best market prices updated July 19th 2024

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.

Compare Apple Watch Series 5 Prices

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:

  1. Visit BankMyCell’s Apple Watch Series 5 trade-in page.
  2. Select the correct specification and condition of your old Apple Watch.
  3. Compare quotes from trusted buyback stores.
  4. Click Get Paid and follow the on-screen instructions.
  5. 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.