Is It Safe To Buy A Refurbished Phone in 2022?
The refurbished smartphone market is expected to grow 11.2% annually by 2024, as reported by International Data Corporation, a premier global market intelligence firm.
This means that the number of smartphones being replaced will increase over time.
According to the survey done by counterpoint, states that smartphone users replace their phones every 21 months.
The trend has not only been fuelled by an increase in demand but also due to consumers’
willingness to trade up as they upgrade their mobile phones more often than before.
“The used market for smartphones shows no signs of slowing down across all parts of the globe,” says Anthony Scarsella, research manager at IDC.
This is evident from the fact that most of them are opting for buying refurbished ones rather than a brand-new phone.
However, what exactly makes the refurbished phones so attractive to end-users? Should you be looking into buying one of these refurbished smartphones? Keep reading to find out.
What is a Refurbished Phone?
Who Buys These Refurbished Phones?
People are more often turned to the used phone market in order to buy a new smartphone at a reduced cost.
People who want to save money on their next purchase are the major contributors to the growing used smartphone market.
Additionally, people who care about the environment and want to reduce their carbon footprint are starting to prefer refurbished phones. They are aware of the fact that a lot of energy is consumed during the production process of a new smartphone.
A tech-savvy person who wants to get their hands on a premium smartphone without spending too much money.
Users who want to exchange a defective phone for a better one.
Smartphone users are less interested in getting a completely new product rather than upgrading the old phone, which does not require a lot of investment.
|Read: 5 Things You Can Do With An Old Smartphone|
How to Know If It is Worth the Money?
There are many factors to consider when deciding whether to buy a pre-owned phone or not. Here are some tips:
Does It Save Cost
If you are planning to buy a second hand phone, then you should know how much you’d save compared to buying a brand-new one.
You need to compare the prices of both the models to determine if it is worth your while to buy a refurbished one instead of a new one.
If you want to get your hands on a brand-new iPhone XS, you could just as easily buy a refurbished model for half the price.
Refurbished phones come with all the same features as new ones, except you will save money.
When you are buying a refurbished phone, you will see different refurbished grades depending on the condition of the phone.
The refurbished phone from The Big Phone Store has its own grading system; Pristine, Very Good, Good and Fair.
However, this does not mean that one grade is inferior to another. Some people may find a ‘Very Good’ grade to be more value for money than a ‘Pristine’ grade.
It all comes down to personal preference.
In the case of a fairly new device, you can take advantage of the original manufacturer’s warranty. If you buy it from The Big Phone Store you can also get a 12-month warranty.
As well when you are buying an old model you should know that you may not receive the latest version of software updates.
Most refurbished smartphones come with a warranty. Depending on the model the coverage may vary and it is important to read the fine print before making a purchase. Be sure to check reviews too, as in some cases, they may not honour the 12-month warranty either.
When you buy from The Big Phone Store, you will receive a 12-month return to base warranty. This includes things like repairs and replacements.
When To Buy A Refurbished Phone?
There are several occasions where you would be more inclined to buy your favourite device but you may not want to pay the full price tag.
Here are some situations where you can make use of this option:
- You Want Something New But Can’t Afford It
- Your Old Device Is Broken Or Not Working Properly
- You Want An Upgrade From What You Have Now
- You Need A Brand-New Phone That Doesn’t Require Much Investment
- You Want A Great Deal On A Smartphone
The Pros and Cons of Buying Refurbished Phones
There are pros and cons of buying refurbished smartphones that you need to keep in mind. Here are some of them associated with this type of purchase:
- Save Money
You can save up to 50% off the original retail price by buying a refurbished phone.
- Get Great Deals
You can find great deals on refurbished products. These devices are usually sold at discounted prices.
Most refurbished phones come with a standard 1-year warranty. However, some manufacturers offer extended warranties.
- Brand New Quality
Refurbished phones are brand new and come with all accessories included. They are tested and certified to work perfectly.
- Limited Availability
Refurbished phones are hard to come by. Most retailers only stock a limited number of these devices. As such, they tend to go fast.
- May Be Slightly Older Model
Some refurbished models might be slightly older than their newer counterparts.
- Quality Comes With the Price
Refurbished phones have a grading system that defines the cosmetic quality of your device. Models that are graded higher are generally costlier than those that are graded lower.
So, Should You Buy a Refurbished Phone?
The steep price of many premium mobile phone brands like iPhone or Samsung makes it difficult for some people to own one.
If you want a top-of-the-line smartphone without breaking the bank, then refurbished phones could be the perfect solution.
Buying a refurbished phone is a smart move because you get a deal that is much better than what you could ever pay for an equivalent phone outright.
It is also possible to sell your old phone instead of getting rid of it.
However, we recommend that you do your research before making any decision.
At The Big Phone Store, we offer a wide range of refurbished phones from different popular brands. We perform certified quality checks and provide free shipping options so that you can enjoy hassle-free shopping.
Frequently Asked Questions
Are Refurbished Phones Good To Buy?
In short, yes! Most refurbished smartphones are not expensive either, making them great alternatives to buying a new phone.
How Do You Know If A Phone Is Refurbished?
Sometimes, you won’t! Not all phones that are ‘refurbished’ have actually undergone repairs. More than 83 percent of the phones we receive through our trade-in service are in perfect condition, just with cosmetic wear and tear.
Can I Get Warranty Coverage For A Refurbished Phone?
Yes. Depending on which retailer you purchased your device from, you may receive a warranty. We provide a 12-month warranty with all purchases, except for our “Fair” grade.
What is the Difference between Refurbished and Used Phones?
There is not really a difference between a refurbished and a used phone. Both types are second-hand devices that have been previously owned.
The Big Phone Store ensures all refurbished and used phones are meticulously tested and cleaned before they are offered for sale.
A reconditioned phone looks and performs as good as a brand-new one, with a fast response time and excellent battery life.
Do Refurbished Phones Have Problems?
No. Refurbished phones don’t have any problems. They are tested thoroughly before being put up for sale.
Should I Buy New Or Used Phones?
That depends. If you do not mind spending more money on a brand new phone, then go ahead and buy a new one. Otherwise, consider buying a refurbished phone.