The refurbished phone market is growing rapidly. The used and refurbished smartphone is expected to grow at a CAGR (Compound Annual Growth Rate) of 12.61% during 2021-2026.
People prefer buying refurbished devices instead of new ones because they offer significant savings even on high-end and flagship models. However, if you are new to buying refurbished mobile phones, you might be concerned about the quality and warranty.
To make things easier for you, we will explain everything related to refurbished services, including what they are and if they come with a warranty. We will also discuss the price difference between refurbished devices and used ones and why you should invest in refurbished phones. Let’s get started.
What does a refurbished phone mean?
A refurbished phone is a previously owned device that has now been restored to fully working condition by the manufacturer or the seller. This ensures you enjoy the same experience as new device owners.
Refurbished mobile phones usually go through more than 50+ testing procedures to ensure they meet the quality and performance standards. When testing devices, the manufacturer checks both the hardware and software and makes the necessary repairs (if required).
Do refurbished phones come with a warranty?
Yes, most reputable refurbished device sellers offer a 3-6 months warranty. Some dealers even offer a 12-month warranty to assure customers that it is safe to buy refurbished phones.
Besides, they even offer a 14-30 day return window. If you experience any issues with the device, you can send the device back and request a replacement or get a 100% refund.
However, it is worth mentioning that the exact warranty and refund/replacement policies differ from seller to seller. So, it is recommended to check with the seller before purchasing a refurbished phone.
How much cheaper are refurbished phones?
When compared with new devices, you can save as much as 40-50% on every device. For instance, the 64GB version of the iPhone X would cost you about $999 if bought new. However, if you buy the refurbished version, it will cost you somewhere around $280.
Remember, there are four grades in refurbished devices (A, B, C, and D). The higher the grade, the more the price. This means a grade A refurbished phone will cost you more than a grade B device.
Though all refurbished mobile phones (grade A, B, C, and D) go through the same testing procedures and perform exactly the same, the lower grade phones are cheaper as they show significant signs of wear and tear.
What’s the difference between refurbished and used phones?
Both refurbished and used phones are pre-owned devices but are not the same.
Used phones are devices that are owned by someone who now wishes to sell it. It could be anyone, your friend, colleagues, or an individual in a second-hand marketplace. These devices do not go through any test procedures, so you are not guaranteed to get them in the original working order. Besides, you won’t get any sort of guarantee or warranty on these devices.
Refurbished phones, on the other hand, are also devices that someone once owned. However, these mobile phones go through necessary inspection and testing procedures. With refurbished devices, you receive a phone in the original working order and get a warranty. So, if anything goes wrong with the device, you can get it repaired for free.
Why should I buy a refurbished phone?
The reasons to buy a refurbished phone go beyond the cheap price tags. Here’s why you should buy a refurbished device.
1- Is Almost Brand New
A refurbished phone goes through a series of tests to ensure it performs just like a brand new mobile. Suppliers like Injured Gadgets put the device through a 100-point check before selling them.
Once it is established that the phone is in full working order, it is graded based on the physical appearance. A device that shows no sign of previous use is considered a Grade A phone, whereas the one with minor signs of wear and tear is marked as Grade B.
This means when you buy a refurbished phone, you will get an almost brand new device without the hefty price tag.
2- Flagship and High-End Models in Budget
Flagship and high-end models of every brand are expensive. Though they are packed with many features, paying such a high cost for mobile isn’t worth it, especially if you like to change your phone within years.
Most smartphones lose up to 50% of their value after the company launches a new model. For instance, according to Yahoo, your old iPhone’s value could drop up to 40% in weeks after Apple releases its latest models (iPhone 12).
With refurbished services, you can get flagship and high-end models at a fraction of the new one’s price.
3- All the Benefits
Buying a refurbished phone comes with all the perks of a new one. You get a warranty and can even insure your mobile. Most third-party sellers allow you to insure devices bought from them. Also, make sure to check if you are getting a 12-month warranty on your refurbished device.
4- Environmental Friendly
Smartphones contain toxins harmful to the environment, such as lead, mercury, cadmium, arsenic, chlorine, and bromine. When disposed of irresponsibly, it can do a lot of damage to nature.
Refurbishing the phones mitigates the extent of the damage being done to the environment. When you buy a refurbished device, you minimize your carbon footprint, thereby contributing to saving the planet for good.
Buying a refurbished device is better than purchasing a new one. Refurbished phones go through a variety of tests so you can rest assured about their performance. Besides, with a refurbished device, you can get high-end and flagship models at a fraction of the price.
At Injured Gadgets, we make sure all the refurbished phones perform similar to the new ones. Being the largest cell phone repair company in the US, we use high-quality products to refurbish them.