When it stops receiving OS version updates
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I usually keep my phone until it has degraded / become so incredibly slow, that I can't use it properly anymore.
Yes which is usually at least 3-5 years.
3 years or so for me. That seems to be when my current phone starts to slow a bit, and when the newer phones have a new feature or two worth paying money for.
Why upgrade when it still works?
The problem with waiting until it's totally and completely borked is then you have to panic scramble to get another phone instead of planning out a purchase. And I had difficulty doing this because my bank wanted to verify it was me making a large purchase...but my phone wouldn't work so I couldn't authenticate myself because that's how everyone authenticates themselves. It's a whole ordeal.
Granted, this can even theoretically happen with a new phone if you drop it or something. But at least with an old one, there are often signs before it goes completely kaput. My beloved cheap ass Motorola phone would bootloop occasionally and started doing it more and more often toward the end of its life. One morning before work it just totally died and would never turn on again, not even able to get the boot screen. (Troubleshooting revealed unfixable eMMC failure.) That was a fun couple of days trying to figure out how to buy a more expensive item without authenticating myself on my phone lol.
Usually around 2-3 years. That's usually around when my current phone stops receiving software updates and by then I can find a good deal on an outgoing model.
For instance I upgraded to a Pixel 7 Pro when the 8 came out. I sold my 6 Pro for a decent amount and my total cost of upgrading was something like 300 bucks which was worth it to me to not have to worry about it for another few years.
How's the 7 pro compare to the 6 pro? I have the 6 pro and am very happy with it so far.
It's not a huge upgrade, tbh. The camera is nicer but I mostly did it for the security updates.
Thanks for the reply. It does seem to be a pretty incremental upgrade from what I've read. I've been really happy with my 6 Pro so I'll probably continue to run it for a while.