Question about Galaxy Nexus phone price

[saintforlife]

I have never owned a Nexus phone before, so I have a question about its pricing. Does the price of the previous generation Nexus drop on the Play store when a new version is released? When the new ones drop later this year will the current Galaxy Nexus be offered for like $200 or something? Or does Google stop selling them completely?

 

[Andrew Martonik]

I have never owned a Nexus phone before, so I have a question about its pricing. Does the price of the previous generation Nexus drop on the Play store when a new version is released? When the new ones drop later this year will the current Galaxy Nexus be offered for like $200 or something? Or does Google stop selling them completely?

Google hasn't sold a phone directly since the Nexus One (which was only for a little while). We don't know what will happen when the next Nexus comes out. I don't see the price of the GNex going much lower any time soon. $350 is probably pretty close to "at cost" for the GNex right now. Maybe another $50 drop late in this year or early next year, but that's about it.

 

[saintforlife]

Thanks for the reply. Do the Nexus phones have good resale value?

 

[Andrew Martonik]

Thanks for the reply. Do the Nexus phones have good resale value?

The unlocked GSM ones have good resale usually because unlocked phones are expensive. With the $350 GNex now, I wouldn't expect it to drop too much more as I said. Worst case scenario is it drops to be worth like $200, in which case you lost $150 and that's not a bad deal.

The CDMA (Verizon / Sprint) ones resale is super low because people can get them cheap on contract.