pSpring buds are always blooming based on new releases of Apple gadgets. For years, the tech giant has usually announced new iPhone models and other product upgrades in September, with the next launch scheduled for September 7.
But instead of tuning in to the live stream, savvy consumers should wait for soon-to-be-replaced devices to become more readily available on the refurbished phone market.
The savings can be significant. Companies like Mazuma Mobile, Green Gadgets and Reebelo put different grades on previously loved phones that reflect their condition and tune them accordingly. Some refurbished phones are actually like new and often come from backlogs from distributors, while others will carry minor scratches and marks from previous owners.
– Advertising –
A quick search at the time of writing revealed an iPhone 13 Pro with 128GB of storage in “like new” condition for $1,509 at Mazuma Mobile and $1,499 at Green Gadgets, a savings of $200 per unit. compared to the current Apple Store price. Higher used inventory has a higher markdown.
Damaged phones go through a rigorous testing and repair process. Aid Rawlins, managing director of Mazuma Mobile Australia, explains that the faulty devices they buy can go one of two ways: refurbished or refurbished.
The first involves the Mazuma team evaluating and repairing the phone with parts approved for resale. If the device is out of backup, it will be refurbished.
“We completely disassemble this handset into its component parts down to the motherboard, and then each part is tested. Any parts that fail are recycled for raw materials, and those that pass can be used to repair other handsets,” he says.
Kyle Wiens is the CEO of iFixit, an online source for free user-generated phone repair kits, parts, and repair guides. He says a consistent and transparent commercial repair process, which includes a warranty, is a great addition to the used phone market.
“You can really see the value of buying from a reputable supplier with a warranty versus a random consumer on eBay.”
“You can sell an old or broken phone”
The increasing number of buy-back programs also means that there is more competition for outdated or damaged goods. So it’s worth looking for the most lucrative option that matches the specs of your current phone if you decide to upgrade.
Manufacturers like Apple and Samsung have their own trade-in processes, but these are often limited to phones of a certain age, make or condition and usually require you to commit all profits to your next purchase.
Retailers such as JB Hi-Fi exchange for store credit, and telcos such as Telstra and Vodafone offer credit on your phone bill (just be aware of lock-in contract requirements). But if it’s money you’re after, it’s best to opt for a redemption service.
Let’s continue our iPhone 13 Pro search. Assuming your current device isn’t damaged, you’ll find a $1,170 offer on the Monster Mobile buyback site, up to $800 in store credit at JB Hi-Fi, or a $645 offer through Samsung. . Apple doesn’t currently accept this model for trade-in, but in context, a 12 Pro Max in good condition can cost up to $830.
Even if you keep a much older or more damaged device, you can still get value. Defective but working 128GB iPhone 8 with broken screen can fetch Mazuma $40; while Mobile Monster will pay $30 for a dead version of the same device, provided it hasn’t been bent or tampered with.
“You can sell an old phone or a broken phone that’s been sitting in your kitchen drawer for two years,” says Rawlins.