Used iPhone Xs are selling for record-high prices

Even a used iPhone X will cost an arm and a leg.

The phone's $999 starting price isn't the only place consumers are hit with a hefty price tag. The iPhone X is now also reselling at the highest price of any other phone, according to liquidation research specialist B-Stock.

The average resale price is only at 85 percent of the original, and even those who buy the phones in bulk are paying about 75 percent of the original price — these are much higher percentages than even previous iPhone models, which sold at around 65 percent of the original price half a year after they hit the market. Read more...