(Pic: Daily Star)
If you own an award-winning Huawei P20 Pro smartphone, you might want to consider cashing in on the mobile now whilst you can still get as much money as possible before prices start to tumble
The P20 Pro is one of the best smartphones available in shops right now and at launch T3 rightly called it "powerful, refined, fast, stylish and, most importantly of all, desirable".
However. it's about to look a whole lot less desirable later this afternoon once it's superseded by a far superior model from the same manufacturer.
Huawei will unveil its new flagship smartphone range later today, as the Chinese firm steps up its attempts to overtake Samsung as the biggest mobile phone maker in the world.
The smartphone giant is set to announce its P30 Series range of phones at an event in Paris, where it will look to position itself as the new leader in mobile technology.
And that announcement could see trade-in prices of your existing Huawei P20 Pro spiralling.
(Pic: Express Newspapers)
Speaking to Daily Express about how phones depreciate, Liam Howley, Chief Marketing Officer at musicMagpie, said:
“While cars typically lose approximately 20% when driven off the lot, technology items can lose up to an average of 65% once they are taken out of the box, depending on the brand."
It's suggested that since launching, the P20 smartphone has lost 65 per cent of its trade-in value over time, with the current average for a P20 Pro landing somewhere around £276.70
But, whats important to note is that as soon as they announce the shiny new P30 Pro, that price could start to tumble even further, potentially by a further 35 per cent.
"If you are thinking of upgrading or want to get the best price for your current P20 Pro it seems now could be a very good time to sell it," suggests Express Technology Editor David Snelling.
"Prices for the P20 Pro are currently around £280 but expect that to fall in the coming weeks."
If you are thinking of trading in – and if you've been enjoying your P20 Pro – the new P30 Series could be quite tempting.
The P30 Pro could launch with four rear cameras (Pic: @evleaks)
The P30 Series launch comes at a time of increased scrutiny around Huawei, as it continues to face questions over its involvement in mobile network infrastructure, particularly with next-generation 5G networks due to begin rolling out this year.
Several governments from around the world have raised security concerns over alleged links between the firm and the Chinese state – something Huawei has always denied – amid suggestions its position at the heart ofRead More – Source