In the age of technological advancement, when it seems as if new phones are being released every other day, there can be pressure to keep up with the latest and greatest - even if it's not necessarily the latest or greatest, as phone companies tend to release "filler" phones to keep up with releases until the next real technological advancement comes along.
With the latest and greatest, however, comes expenses, and at some point, you have to ask yourself: is it really worth the price to get that brand new iPhone when your current one is suiting you just fine?
Key Considerations When Buying A Used iPhone
If you're in need of a new phone, but you've decided you're not ready to upgrade to that shiny new iPhone X, the easiest way to go is buying a used iPhone. Of course, there are always considerations to keep in mind when going down the route of a used phone or a refurbished phone:
- Returns - Many of the good buyback sites off a 30-day return policy.
- Warranties - Warranties can differ between websites. Some, such as Gazelle, offer a 30-day warranty. Declutter offers a full 12-month warranty. Others, like Swappa, don't offer any warranty.
- Certified - Gazelle and Declutter put their used phones through various, rigorous tests in order to assure they're in the best condition before putting them up for sale.
- Insurance - An optional expense, but there is insurance to cover refurbished phones if you're worried about breaking it.
- Monthly Payment Options - Gazelle allows for you to pay monthly, although this isn't recommended, as it accrues interest.
If you're interested in a refurbished phone, check out our list of the best buyback websites further down.
Why You Should Consider Refurbished
If you've already decided to save money by not purchasing the newest version of the phone there's one more decision you need to make, used or refurbished. Let's take a look at the differences before you take the plunge.
- Previously owned.
- Has undergone diagnostic testing, faulty parts replaced.
- Data from the previous owner erased.
- Repackaged and sold.
- Often come with an extended warranty from the retailer selling it.
- Previously owned, not refurbished.
- Can come with cosmetic wear and tear.
- Are ultimately fully operational and functioning.
Refurbished phones, in particular, offer a security that you don't get with simply buying a phone from someone off Craig's List or Facebook.
With a refurbished phone, you know you're getting a good deal from a reputable vendor, and there's no concern about its functionality.
With a used phone, there's no guarantee you'll get a perfectly functioning phone until the sale has already been made.
Shop Used iPhones
Looking for refurbished iPhones for sale cheap but don't know where to start? Don't fret, MoneySavingPro has already done the hard work for you. We have scoured the internet to find the best places to buy used and refurbished cell phones. Check out our reviews on these sites such as Decluttr and Swappa.
Once you've done your research, use our cell phone comparison tool, to be sure to find the best iPhone deal.
But don't stop there, make sure to sell your old phone for cash.
Save Even More Monthly with MVNOs
You've likely heard of the "big four" cell phone carriers - Verizon, Sprint, AT&T, and T-Mobile. However, there are cheaper options beyond those, known as mobile virtual network operators (MVNOs). These are carriers which piggyback off the cell towers of the big four, but offer cheaper plans, usually month-to-month with no contract, and allow you to carry your own phone over.
A majority of MVNOs operate entirely online, which is part of what allows them to offer cheaper phone plans - they don't have stores to maintain, which keeps their costs down. Check out our guides on the big four MVNOs:
To save even more money, considering unlocking your phone to give you more options for carriers. Do you have a used iPhone unlocked? Find a carrier that fits your needs and your phone, and bring it over.
Remaining a loyal iPhone user doesn't have to break your bank. You can save more money and stick with Apple by: