How Much Does An iPhone 11 Cost In 2024?

How Much Are Iphone 11 devices in today’s market? At HOW.EDU.VN, we provide a comprehensive guide to iPhone 11 pricing, helping you navigate costs, deals, and certified expert insights. Discover affordable options and expert advice for your tech needs, comparing prices, and understanding the best deals available.

1. Understanding the iPhone 11 Price Landscape

The iPhone 11, released in September 2019, remains a popular choice for users seeking a balance of performance and affordability. However, since its initial launch, the price landscape has evolved. Let’s delve into the factors influencing the cost of an iPhone 11 in 2024:

1.1. Original MSRP vs. Current Market Value

When first released, the iPhone 11 had a Manufacturer’s Suggested Retail Price (MSRP) starting at $699 for the base 64GB model. Over time, as newer iPhone models have been introduced, Apple has officially discontinued the iPhone 11. As a result, you can no longer purchase it directly from Apple’s website or retail stores.

The current market value of the iPhone 11 is now primarily determined by third-party retailers, both online and in physical stores. The price can vary significantly based on several factors:

Condition: New, used, or refurbished
Storage capacity: 64GB, 128GB, or 256GB
Seller reputation: Authorized retailers vs. private sellers
Geographic location: Prices may differ due to local taxes and demand
Promotions and discounts: Special deals offered by retailers

Generally, you can expect to find used iPhone 11 models starting from around $250 to $400, depending on the condition and storage capacity. Refurbished models, which have been inspected and restored to full working condition, may range from $350 to $500. New, unopened iPhone 11 units are rare but could fetch prices higher than the original MSRP due to their scarcity.

1.2. Factors Affecting iPhone 11 Pricing Today

Several key factors influence the price of an iPhone 11 in the current market:

Age and Availability: As an older model, the availability of new iPhone 11 units is limited, increasing the value of those still in pristine condition.
Condition and Certification: The device’s condition (new, used, or refurbished) significantly impacts its price. Refurbished devices often come with certifications, assuring quality and potentially affecting the price.
Storage Size: The storage capacity (64GB, 128GB, or 256GB) directly correlates with the price. Larger storage options command higher prices due to their increased utility.
Market Demand: Even though it’s an older model, the iPhone 11 still holds appeal for users seeking a cost-effective iPhone. Demand in specific regions or markets can influence prices.
Retailer and Promotions: Different retailers offer varying prices, influenced by their pricing strategies, overhead costs, and promotional events. Keep an eye out for discounts, bundle deals, and trade-in offers.

1.3. How to Find the Best Deals

To ensure you get the best possible deal on an iPhone 11, consider these strategies:

Compare Prices: Check multiple online marketplaces, retailers, and local stores to compare prices. Use price comparison websites to streamline the process.
Consider Refurbished Options: Reputable retailers often offer certified refurbished iPhones that undergo rigorous testing and come with warranties.
Look for Promotions and Discounts: Keep an eye on seasonal sales events, such as Black Friday, Cyber Monday, and back-to-school promotions.
Explore Trade-in Programs: Some retailers offer trade-in programs where you can exchange your old smartphone for credit towards an iPhone 11 purchase.
Monitor Price Fluctuations: Track the price of the iPhone 11 over time to identify potential price drops or special offers.

By understanding these factors and employing strategic shopping tactics, you can confidently navigate the iPhone 11 price landscape and secure the best deal for your needs.

2. Breaking Down the Cost: New, Used, and Refurbished iPhone 11

When considering purchasing an iPhone 11, understanding the different conditions available—new, used, and refurbished—is crucial. Each category has its own price range, benefits, and potential drawbacks.

2.1. Cost of a New iPhone 11 (If You Can Find One)

Finding a brand-new, unopened iPhone 11 in 2024 can be challenging, as Apple no longer manufactures or sells this model directly. However, some retailers or private sellers may still have new units in stock.

Pricing Expectation: New iPhone 11 units are typically priced higher than used or refurbished models due to their pristine condition and rarity. Prices may range from $500 to $700 or even higher, depending on the storage capacity and seller.
Benefits:
- Guaranteed to be free from any prior use or wear and tear.
- Comes with the original packaging and accessories.
- Eligible for Apple’s standard warranty (if purchased from an authorized retailer).
Drawbacks:
- Higher price compared to used or refurbished options.
- Limited availability, making it difficult to find a new unit.
Where to Look:
- Check with authorized Apple retailers or resellers who may have remaining stock.
- Explore online marketplaces, but be cautious of potential scams or inflated prices.
- Consider contacting smaller, local electronics stores that may have older inventory.

2.2. Exploring the Used iPhone 11 Market

The used iPhone 11 market offers a more affordable entry point, but it’s crucial to carefully assess the condition and reliability of the device.

Pricing Expectation: Used iPhone 11 prices can vary widely based on condition, storage capacity, and seller. Expect to find prices ranging from $250 to $400.
Benefits:
- Lower price compared to new or refurbished models.
- Wider availability across online marketplaces and local classifieds.
Drawbacks:
- Condition may vary significantly, ranging from minor scratches to more substantial damage.
- Battery life may be reduced due to prior usage.
- No warranty or guarantee of functionality.
Where to Look:
- Online marketplaces like eBay, Craigslist, and Facebook Marketplace.
- Local classifieds and online forums.
- Consider purchasing from reputable sellers with positive reviews.

2.3. Advantages of Refurbished iPhone 11 Options

Refurbished iPhones offer a middle ground between new and used, providing a balance of affordability and reliability.

Pricing Expectation: Refurbished iPhone 11 models typically range from $350 to $500, depending on the grade (e.g., excellent, good, fair) and storage capacity.
Benefits:
- Lower price compared to new models.
- Thoroughly tested and restored to full working condition.
- Often comes with a warranty or guarantee from the seller.
- Cosmetic imperfections are usually minimal.
Drawbacks:
- May still show some signs of prior use, such as minor scratches.
- Battery life may not be as optimal as a new device.
Where to Look:
- Apple’s Certified Refurbished program (when available).
- Reputable online retailers like Amazon, Best Buy, and Gazelle.
- Authorized Apple service providers.

2.4. Key Considerations When Buying Used or Refurbished

Regardless of whether you opt for a used or refurbished iPhone 11, keep these key considerations in mind:

Check the IMEI/Serial Number: Verify that the device is not blacklisted or reported as stolen.
Inspect the Physical Condition: Look for any signs of damage, such as cracks, dents, or water damage.
Test the Functionality: Ensure that all features, including the camera, speakers, microphone, and buttons, are working correctly.
Check the Battery Health: Assess the battery’s maximum capacity and performance.
Review the Seller’s Return Policy: Understand the terms of return in case you encounter any issues after purchase.

3. Storage Size and Its Impact on iPhone 11 Cost

The storage capacity of an iPhone 11 significantly influences its price. The iPhone 11 was available in three storage options: 64GB, 128GB, and 256GB.

3.1. The Cost Difference Between 64GB, 128GB, and 256GB Models

64GB Model: This base model typically commands the lowest price among the three options. While sufficient for basic usage, it may quickly fill up with photos, videos, and apps for more active users.
128GB Model: Offering twice the storage of the base model, the 128GB variant provides a more comfortable buffer for storing media and apps. It generally sits in the middle of the price range.
256GB Model: The highest storage option offers ample space for users who plan to store a large library of photos, videos, and other files directly on their device. This model commands the highest price.

As a general guideline, expect to see a price difference of $50 to $100 between each storage tier when purchasing a used or refurbished iPhone 11. The price difference may be more significant for new units, if available.

3.2. Which Storage Size Is Right for You?

Choosing the right storage size depends on your individual usage patterns and storage needs:

64GB: Ideal for light users who primarily use their iPhone for calls, messages, social media, and occasional photos or videos.
128GB: A sweet spot for most users, providing enough storage for a moderate collection of photos, videos, apps, and games.
256GB: Recommended for power users who frequently record videos, download large files, or have extensive media libraries.

Consider these factors when making your decision:

Cloud Storage: If you rely heavily on cloud storage services like iCloud, Google Photos, or Dropbox, you may be able to manage with a smaller storage capacity.
Media Consumption: If you stream most of your music and videos, you may not need as much local storage.
App Usage: If you download a lot of apps and games, especially those with large file sizes, you’ll need more storage.
Future Needs: Consider how your storage needs may evolve over time. It’s generally better to overestimate your storage needs than to run out of space.

3.3. Tips for Managing Storage on Your iPhone 11

If you opt for a smaller storage capacity, here are some tips for effectively managing storage on your iPhone 11:

Enable iCloud Photos: Automatically upload your photos and videos to iCloud to free up space on your device.
Delete Unused Apps: Regularly review your installed apps and remove those you no longer use.
Clear Browser Cache: Clearing your browser’s cache and history can free up valuable storage space.
Optimize Storage: Enable the “Optimize iPhone Storage” option in Settings > Photos to automatically compress photos and videos when your device is running low on space.
Use Cloud Storage Services: Utilize cloud storage services like Google Drive or Dropbox to store files and documents.

4. Carrier Deals and Financing Options

When purchasing an iPhone 11, exploring carrier deals and financing options can significantly impact the overall cost. Carriers like AT&T, T-Mobile, and Verizon often offer promotions, trade-in programs, and installment plans that can make the device more affordable.

4.1. Exploring Carrier Promotions and Bundles

Wireless carriers frequently run promotions on iPhones, especially when new models are released. These promotions may include:

Trade-in Credits: Trade in your old smartphone and receive a credit towards the purchase of an iPhone 11. The value of the credit depends on the model and condition of your trade-in device.
Bill Credits: Receive monthly bill credits over a set period (e.g., 24 or 36 months) when you purchase an iPhone 11 and activate a new line or upgrade an existing line.
Bundled Services: Get a discount on the iPhone 11 when you bundle it with other services, such as unlimited data plans, streaming subscriptions, or home internet.

To take advantage of these deals:

Compare Offers: Check the websites and stores of multiple carriers to compare their current promotions.
Read the Fine Print: Pay close attention to the terms and conditions of the offer, including eligibility requirements, contract lengths, and potential cancellation fees.
Consider Your Needs: Evaluate whether the bundled services or data plans are a good fit for your usage patterns and budget.

4.2. Installment Plans and Financing

If you prefer to spread the cost of the iPhone 11 over time, consider these financing options:

Carrier Installment Plans: Wireless carriers typically offer installment plans that allow you to pay for the iPhone 11 in monthly installments over a set period, usually 24 or 36 months. These plans often have 0% APR, making them an attractive option.
Apple Card Monthly Installments (ACMI): If you have an Apple Card, you can use ACMI to purchase an iPhone 11 at 0% APR and pay for it in monthly installments.
Third-Party Financing: Some retailers partner with third-party financing companies to offer installment plans. These plans may have higher interest rates, so compare them carefully.

When considering financing options:

Check Your Credit Score: Your credit score will affect your eligibility for financing and the interest rate you receive.
Compare APRs: Compare the Annual Percentage Rates (APRs) of different financing options to determine the true cost of borrowing.
Read the Terms: Understand the terms of the financing agreement, including the repayment schedule, late payment fees, and potential penalties.

4.3. Unlocked vs. Locked iPhones: What’s the Difference?

When purchasing an iPhone 11, it’s essential to understand the difference between unlocked and locked devices:

Unlocked iPhones: These devices are not tied to a specific carrier and can be used with any compatible carrier’s SIM card.
Locked iPhones: These devices are locked to a specific carrier and can only be used with that carrier’s SIM card.

The benefits of an unlocked iPhone 11 include:

Flexibility: You can switch carriers at any time without penalty.
International Travel: You can use local SIM cards when traveling internationally to avoid roaming charges.
Resale Value: Unlocked iPhones generally have higher resale values than locked iPhones.

When purchasing an iPhone 11, confirm whether it is unlocked or locked. If it’s locked, inquire about the carrier’s unlocking policy.

Unlocked vs Locked iPhone

5. Accessories and Additional Costs

Beyond the price of the iPhone 11 itself, consider the additional costs associated with accessories, protection, and potential repairs.

5.1. Essential Accessories

Protective Case: A protective case is crucial for safeguarding your iPhone 11 from scratches, dents, and drops. Prices range from $10 for basic silicone cases to $50 or more for rugged, premium cases.
Screen Protector: A screen protector helps prevent scratches and cracks on your iPhone 11’s display. Tempered glass screen protectors typically cost between $10 and $30.
Charger and Cable: While the iPhone 11 originally came with a charger and cable, these may not be included when purchasing a used or refurbished device. A replacement charger and cable can cost between $20 and $40.
Wireless Charger: Consider a wireless charger for convenient, cable-free charging. Prices range from $20 to $50.
Headphones: If you prefer wired headphones, you’ll need a Lightning to 3.5mm headphone jack adapter, which costs around $10. Alternatively, consider wireless earbuds like AirPods, which range from $130 to $250.

5.2. AppleCare+ and Protection Plans

AppleCare+: AppleCare+ extends the warranty coverage for your iPhone 11 and provides accidental damage protection. The cost of AppleCare+ for iPhone 11 varies, but it typically ranges from $150 to $200 for two years of coverage.
Third-Party Protection Plans: Several third-party companies offer protection plans for iPhones, which may provide similar coverage to AppleCare+ at a lower price. However, be sure to carefully review the terms and conditions of these plans.

5.3. Potential Repair Costs

Even with a protective case and screen protector, accidents can happen. Be prepared for potential repair costs:

Screen Repair: Replacing a cracked screen on an iPhone 11 can cost between $150 and $200, depending on whether you use Apple’s repair service or a third-party repair shop.
Battery Replacement: If your iPhone 11’s battery health deteriorates significantly, you may need to replace it. Battery replacement costs around $70 to $100.
Other Repairs: Other potential repairs, such as camera replacement, port repair, or water damage repair, can cost between $100 and $300 or more.

To minimize repair costs:

Invest in a good protective case and screen protector.
Handle your iPhone 11 with care.
Consider purchasing AppleCare+ or a third-party protection plan.

6. Alternatives to Buying a Used iPhone 11

While the iPhone 11 remains a capable device, there are alternative options to consider, especially if you’re looking for newer features, longer software support, or better performance.

6.1. Newer iPhone Models (iPhone SE, iPhone 12, etc.)

iPhone SE (2nd and 3rd Generation): The iPhone SE offers a more affordable entry point into the Apple ecosystem while packing a powerful processor. It features the A13 Bionic or A15 Bionic chip, depending on the generation, providing excellent performance for everyday tasks and gaming.
- Pros: Affordable, compact size, powerful processor
- Cons: Older design, smaller display, single-lens camera
iPhone 12: The iPhone 12 boasts a more modern design with a larger OLED display, 5G connectivity, and a more advanced dual-camera system. It’s powered by the A14 Bionic chip, offering a significant performance upgrade over the iPhone 11.
- Pros: 5G connectivity, OLED display, improved camera system
- Cons: Higher price than iPhone 11 and iPhone SE
iPhone 13: Building upon the iPhone 12, the iPhone 13 features a brighter display, longer battery life, and an even more advanced camera system with sensor-shift stabilization.
- Pros: Improved camera system, longer battery life, brighter display
- Cons: Higher price than iPhone 12

Consider these factors when choosing between an iPhone 11 and a newer model:

Budget: How much are you willing to spend on a new iPhone?
Features: Which features are most important to you, such as 5G, display quality, or camera performance?
Longevity: How long do you plan to use the iPhone before upgrading again? Newer models will receive software updates for a longer period.

6.2. Android Alternatives in the Same Price Range

If you’re open to switching to Android, several excellent alternatives offer similar or better performance and features than the iPhone 11 at a comparable price:

Google Pixel 6a: The Pixel 6a offers a sleek design, excellent camera performance, and timely software updates directly from Google.
- Pros: Excellent camera, timely software updates, clean Android experience
- Cons: No expandable storage
Samsung Galaxy A53 5G: The Galaxy A53 5G features a vibrant display, versatile camera system, and long battery life.
- Pros: Vibrant display, versatile camera system, long battery life
- Cons: Samsung’s One UI may not be for everyone
OnePlus Nord N20 5G: The Nord N20 5G offers a balance of performance, features, and affordability.
- Pros: Affordable, fast charging, OLED display
- Cons: Camera performance could be better

When considering Android alternatives, keep these factors in mind:

Operating System: Are you comfortable switching from iOS to Android?
Ecosystem: Do you rely heavily on Apple’s ecosystem of services and devices?
Personal Preferences: Which features and design elements do you prefer in a smartphone?

6.3. When to Consider a Different Device Altogether

In some cases, it may be worth considering a completely different type of device altogether:

If you primarily need a device for basic communication and media consumption: A more affordable smartphone or a feature phone may suffice.
If you need a device for productivity and content creation: A tablet or laptop may be a better choice.
If you’re looking for a device with specialized features: Consider a rugged smartphone, a gaming phone, or a smartphone with a specific camera feature.

7. Expert Tips for Buying an iPhone 11

To ensure a smooth and satisfying iPhone 11 buying experience, consider these expert tips:

7.1. Verifying Authenticity and Condition

Check the IMEI/Serial Number: Before purchasing any iPhone 11, verify its authenticity and condition by checking the IMEI (International Mobile Equipment Identity) or serial number. You can find this information in Settings > General > About. Enter the IMEI or serial number on Apple’s website or a third-party IMEI checker to confirm that the device is not blacklisted, reported as stolen, or counterfeit.
Inspect the Physical Condition: Carefully inspect the device for any signs of damage, such as scratches, dents, cracks, or water damage. Pay close attention to the screen, camera lenses, ports, and buttons.
Test the Functionality: Thoroughly test all of the device’s features, including the camera, speakers, microphone, Wi-Fi, Bluetooth, and cellular connectivity. Make sure that all buttons and switches are working correctly.
Check the Battery Health: Assess the battery’s maximum capacity and performance by going to Settings > Battery > Battery Health. A battery with a maximum capacity below 80% may need to be replaced soon.
Request a Proof of Purchase: Ask the seller for a proof of purchase, such as a receipt or invoice, to verify that the device was legally obtained.

7.2. Safety Precautions for Online and In-Person Transactions

Online Transactions:
- Use Reputable Marketplaces: Stick to well-known and reputable online marketplaces with buyer protection policies.
- Read Reviews: Check the seller’s reviews and ratings to assess their reliability and trustworthiness.
- Use Secure Payment Methods: Use secure payment methods like PayPal or credit cards, which offer buyer protection in case of fraud or disputes.
- Beware of Suspicious Listings: Be wary of listings with unusually low prices or vague descriptions.
- Communicate Through the Marketplace: Keep all communication with the seller within the marketplace’s messaging system to have a record of your conversations.
In-Person Transactions:
- Meet in a Public Place: Arrange to meet the seller in a well-lit and public place, such as a coffee shop or shopping mall.
- Bring a Friend: Bring a friend or family member with you for added safety.
- Inspect the Device Thoroughly: Carefully inspect the device and test its functionality before handing over any money.
- Trust Your Instincts: If anything feels off or suspicious, don’t hesitate to walk away from the transaction.

7.3. Questions to Ask the Seller Before Purchasing

Before committing to a purchase, ask the seller these important questions:

What is the condition of the device?
What is the battery health?
Is the device unlocked or locked to a specific carrier?
Does the device come with any accessories?
Is there a warranty or return policy?
Do you have a proof of purchase?
Why are you selling the device?

By following these expert tips, you can minimize the risks and maximize your chances of finding a great deal on an iPhone 11.

8. The Future of iPhone Pricing and Value

As technology continues to evolve and new iPhone models are released, it’s essential to consider the future of iPhone pricing and value.

8.1. How New Models Impact Older iPhone Prices

The release of new iPhone models typically has a ripple effect on the prices of older models. As newer devices enter the market, the demand for older devices decreases, leading to lower prices. However, the extent of the price drop depends on several factors:

The Significance of the Upgrade: If the new iPhone model introduces significant improvements in features, performance, or design, the price of older models may drop more sharply.
The Availability of Older Models: If Apple continues to sell older models alongside newer ones, the price drop may be less significant.
Market Demand: The demand for older iPhone models in specific regions or markets can also influence their prices.

8.2. Predicting the iPhone 11’s Value in the Coming Years

Predicting the exact value of the iPhone 11 in the coming years is challenging, but we can make some educated guesses based on historical trends and market factors:

Continued Depreciation: As the iPhone 11 gets older, its value will continue to depreciate.
Condition Matters: The condition of the device will play an increasingly important role in determining its value. Devices in excellent condition will retain more value than those with significant wear and tear.
Software Updates: As Apple eventually stops providing software updates for the iPhone 11, its value may decline more rapidly.
Collectible Value: In the distant future, the iPhone 11 may gain some collectible value, especially if it’s in pristine condition and has its original packaging.

8.3. Long-Term Cost Considerations

When purchasing an iPhone 11, consider the long-term cost implications:

Repair Costs: As the device ages, the likelihood of needing repairs increases.
Battery Replacement: The battery will eventually need to be replaced, adding to the overall cost of ownership.
Software Updates: The lack of future software updates may limit the device’s functionality and compatibility with newer apps and services.
Trade-In Value: The trade-in value of the iPhone 11 will continue to decline over time.

Weigh these long-term cost considerations against the initial purchase price to determine if the iPhone 11 is the right choice for your needs and budget.

9. Frequently Asked Questions (FAQs)

Here are some frequently asked questions about the cost of an iPhone 11:

9.1. What was the original retail price of the iPhone 11?

The original retail price of the iPhone 11 started at $699 for the 64GB model, $749 for the 128GB model, and $849 for the 256GB model.

9.2. Is it worth buying an iPhone 11 in 2024?

Whether it’s worth buying an iPhone 11 in 2024 depends on your budget and needs. If you’re looking for an affordable iPhone with a capable camera and decent performance, the iPhone 11 can still be a good option. However, if you want the latest features, 5G connectivity, and longer software support, consider a newer model.

9.3. Where can I buy a used iPhone 11?

You can buy a used iPhone 11 from online marketplaces like eBay, Craigslist, and Facebook Marketplace, as well as local classifieds and online forums.

9.4. What is the average price of a used iPhone 11?

The average price of a used iPhone 11 ranges from $250 to $400, depending on the condition, storage capacity, and seller.

9.5. Is it safe to buy a used iPhone online?

It can be safe to buy a used iPhone online if you take the necessary precautions, such as using reputable marketplaces, reading reviews, using secure payment methods, and verifying the device’s authenticity and condition.

9.6. What is a refurbished iPhone?

A refurbished iPhone is a pre-owned device that has been inspected, tested, and restored to full working condition. Refurbished iPhones are often sold with a warranty or guarantee.

9.7. Where can I buy a refurbished iPhone 11?

You can buy a refurbished iPhone 11 from Apple’s Certified Refurbished program (when available), reputable online retailers like Amazon and Best Buy, and authorized Apple service providers.

9.8. What is the average price of a refurbished iPhone 11?

The average price of a refurbished iPhone 11 ranges from $350 to $500, depending on the grade and storage capacity.

9.9. What should I look for when buying a used or refurbished iPhone?

When buying a used or refurbished iPhone, check the IMEI/serial number, inspect the physical condition, test the functionality, check the battery health, and review the seller’s return policy.

9.10. How can I finance an iPhone 11?

You can finance an iPhone 11 through carrier installment plans, Apple Card Monthly Installments (ACMI), or third-party financing options.

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