Three Reasons Why Refurbished Devices are the Way to Go
Many of us balk at the cost of buying a new car straight off the lot, yet we give little thought to choosing a flashy new phone. Consider that a car depreciates about 10-20 percent the moment it leaves the dealership, while the new phone—which typically offers about 95 percent of what the earlier model does—loses a whopping average of 65 percent of its value within the first month of purchase. It may be time to reconsider phone shopping. If you’re having a tough time looking past the lure of brand new, keep reading to see why buying refurbished makes sense:
1. Cash in on buyer's remorse
Device manufacturers compete against each other as well as older generations of phones to routinely introduce enticing new features. Technology can’t always deliver as quickly as manufacturers would like so many devices launch with only minor upgrades (see below). Users often presume that they have a choice between purchasing a pricey new model or a used phone that is sold as-is. Refurbished phones; however, are an excellent alternative. Unlike many used phones, they have been tested, repaired if necessary, and are thoroughly cleaned to look and perform like sparkling new. Most refurbished devices are simply devices returned within the first 30 days of original purchase, typically due to buyer’s remorse—consumers who for whatever reason decided against the purchase and returned it. A refurbished device, while often quite new, will cost a fraction of its original price.
2. If you're buying new, you're paying for features you really don't want or need
Mobile users cite improved camera quality, faster processing speed, and software compatibility as feature upgrades that most compel them to put down big money on an upgrade. Consider the difference between the newest iPhone 8 and the one generation older iPhone 7 (shown in the chart below) and you’ll see that the difference in these feature upgrades are marginal. If you are currently using an older device and looking to upgrade for a better camera and faster processing, the iPhone 7 may fill all your requirements just as well as the newer device, while keeping $400 in your pocket.
3. Refurbished devices make great gifts
Black Friday is quickly approaching, and wouldn't you know it, cell phones are the number one requested gift. Few people have $1,000 to purchase loved ones new phones, but that doesn't have to mean you can’t give them what they want. Consider gifting—perhaps a first time-user, a grandparent or a younger sibling—your own refurbished phone or choosing another model. TextNow sells refurbished smartphones for as low as $9.99 for an Android to $429 for a 32GB iPhone 7. Wireless plans range from $13.99 a month to $59.99 a month, well below traditional carrier options, and there are no contracts, commitment or overage fees so you won’t saddle the gift recipient with an unexpected financial burden.
These compelling arguments will likely make you think twice before pulling the trigger on a big-ticket new phone. You’ll be just as happy with a refurbished model that offers nearly as much, and you can feel good about scoring a bargain that feels anything but cheap. Choose refurbished and you can get a newer device — without the price tag.
In the spirit of saving we are extending an exclusive TextNow offer to our readers. Join TextNow Wireless and get $20.00 in credit using this link.
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