Garmin resale value – Depreciation beats Apple

Garmin holds resale value better than Apple, Google or Samsung

Anyone trading a Fenix 8 for the new Fenix 9, or an Apple Watch Ultra 3 for an Ultra 4 in a few weeks, can now quantify their trade-in loss. A new eBay resale study from Wareable puts the Fenix 8’s average value retention at 72% after six months, on a blended launch price across its AMOLED, titanium and solar variants ($1,133). That works out to a $321 loss.

The Apple Watch Ultra 3 fares worse. It kept 65% of its $799 launch price after six months, a loss of $278 and a resale value around $521. The outgoing Ultra 2 did better at the same six-month mark: 69% retention, $249 lost, roughly $550 back. Both Ultra models sit behind Garmin’s Fenix line and behind the Fenix 8 Pro, which held 69% of a $1,250 average price despite being the most expensive watch in the dataset.

Table ranking 22 smartwatch models by six-month resale value retention and dollar value lost, Wareable eBay US study
Image|Wareable

The study analysed 6,372 used smartwatch sales on eBay US. Garmin’s Fenix line holds six of the top eleven places, and the brand’s overall average across every model is 69%, ahead of Apple’s 58%, Google’s 56% and Samsung’s 42%.

Percentage retention understates the tax already paid

A retention percentage measured against a tax-inclusive launch price flatters the brand less than it should. UK VAT is 20%, so a £799 watch includes about £133 of tax rather than product value, and a private resale is VAT-free. Measuring the $521 Ultra 3 recovery against the ex-VAT cost rather than the gross launch price puts real depreciation closer to 22%.

The dataset is US eBay sales, where sales tax runs lower, so the same correction could be smaller there.

Official trade-in pays less than the open market

Apple’s own trade-in programme inevitably prices an Ultra 3 below what the data shows for private eBay sales, reflecting the no-hassle factor. The 65% figure is also a single snapshot at six months, and the full depreciation curve isn’t linear.

Coros beats every brand on percentage terms

The Coros Pace 4 tops the entire table at 76% retention, albeit on a tiny sample size. It fits the pattern elsewhere in the data: dedicated sports watches, judged on GPS accuracy, battery life and training software, keep more value than general-purpose smartwatches regardless of price tier.

Samsung’s Galaxy Watch Ultra sits at the other end of the table, keeping only 44% of its $650 price.

Quick answers

How much value does a Garmin Fenix 8 lose in six months?
The study found the Fenix 8 kept 72% of its blended average launch price of $1,133 after six months, a loss of $321.


Is trading in an Apple Watch Ultra 3 worth it before a new Ultra launches?
The data puts Ultra 3 resale value at 65% of its $799 launch price after six months, around $521. A watch approaching a new model’s launch typically sees resale prices soften further, and Apple’s own trade-in programme usually pays less than a private sale.


Which smartwatch brand holds its value best?
Garmin, at an average of 69% retention across every model in the study, ahead of Apple’s 58%, Google’s 56% and Samsung’s 42%.

Last Updated on 3 October 2026 by tfk the5krunner


Small things I always use

Watches and sensors

On the bike

Home and indoor training

  • NPE Runn: Makes my basic treadmill smart, sending more accurate speed and distance to my watch and Zwift. I use it.
  • Google Wifi: Keeps Zwift connected in my pain cave. I use it.
  • Apple TV 4K: Zwift on the big screen. I use two.
  • Google Nest Doorbell (wired, 2nd gen): My video doorbell, running in both Google Home and Apple Home. I use it.

Health, recovery and sleep



Reader-Powered Content

Buy me a coffee

This content is not sponsored. It’s mostly me behind the labour of love, which is this site, and I appreciate everyone who supports it.

Support the site: Follow (free, fewer ads) · Subscribe (paid, ad-free) · Buy Me A Coffee ❤️

Written by real people, with AI assistance. Fact-checked and verified for originality. See the Editorial Policy. FTC: Affiliate Disclosure — some links pay commission. As an Amazon Associate, I earn from qualifying purchases.

4 thoughts on “Garmin resale value – Depreciation beats Apple”

  1. I stopped buying MSRP a few years ago after buying new Garmin releases almost always on day or week one! The only problem is to tame your urge to own the latest and greatest and wait for the prices to drop on ebay and other selling platforms…that’s pretty hard, for me anyway. But I found a Tactix 8 AMOLED 51mm for under 700€ and an Enduro 3 for under 500. Both in really good conditions. I sold the Enduro 6 month later for the same price and got a T8 Solar for 750. I am going to sell them at some point and buy a pre-owned T or F 9. I’ll still lose money but much less.

  2. Generally, in the case of automobiles, the more expensive the luxury vehicle, the higher the depreciation rate.

    Conversely, affordable, mass-market cars have low depreciation rates.

    It is only natural that the low-priced COROS has a low depreciation rate.

    The low depreciation rates of very expensive products like the FENIX8 or FR970 can be interpreted as an indication of very high demand.

Leave a Reply

Your email address will not be published. Required fields are marked *