{"id":11484,"date":"2020-08-27T10:43:25","date_gmt":"2020-08-27T10:43:25","guid":{"rendered":"https:\/\/www.sellcell.com\/blog\/?p=11484"},"modified":"2020-12-14T16:07:08","modified_gmt":"2020-12-14T16:07:08","slug":"refurbished-vs-new-phone-savings-report","status":"publish","type":"post","link":"https:\/\/www.sellcell.com\/blog\/refurbished-vs-new-phone-savings-report\/","title":{"rendered":"Refurbished vs New Phone Savings Report"},"content":{"rendered":"

Refurbished Android Phones Offer Better Savings than Refurbished iPhones – Saving Buyers up to 55%<\/h2>\n\n\n\n

It’s no secret that you can save a lot of money opting for a refurbished phone instead of a brand new one. Most phones lose<\/a> a good chunk of their market value in just a few months following their release. And that’s what makes the re-commerce market an attractive option for bargain hunters.<\/p>\n\n\n\n

So, how much can you actually save by buying a refurbished phone? And which smartphone brands offer the most savings? To find out, SellCell.com<\/a> decided to dig into their data to compare the current refurbished price to the latest MSRP of some of the most popular smartphones. The research included all top brands – Apple, Samsung, Google, LG, and OnePlus and their models released between 2018 and 2020.<\/p>\n\n\n\n

Which Refurbished Smartphone Brands Offer The Best Savings?<\/h3>\n\n\n\n

Android Refurbs Offer the Best Bang-For-Your-Buck!<\/h4>\n\n\n\n

Make no mistake, by getting a refurbished iPhone instead of a brand new one, you can still save several hundreds of dollars. However, the biggest savings currently are without doubt across Androids. This is because Apple products are slow depreciators, so renewed Apple products also hold their value and are more expensive than other Smartphone refurbished brands. Android phones – even the newer ones, depreciate in value at a much faster rate and as such constitute some of the best deals in the refurb segment.<\/p>\n\n\n\n

Key Findings – Which Refurbished Smartphones Save the Most?<\/h4>\n\n\n\n
  1. If you’re looking to maximize your savings when shopping for refurbished phones, Samsung and Google Pixel phones are your best bet. Samsung and Google top the savings chart, as buyers can save anywhere from 40 to 55% on smartphones released in the last two years vs the current MRSP.<\/li>
  2. The best value refurbished phone<\/a> on the market is a Samsung S9+<\/a>, which offers buyers a 55% saving vs a brand new model to the same specification.<\/li>
  3. Refurbished Apple iPhones<\/a> on average can save someone 22% vs a current new option. But iPhones offer 20% Less Savings than Refurbished Samsung & Google Phones.<\/li>
  4. Buyers can save, on average, close to a whopping 36% on Samsung’s 2020 high-end flagships when bought refurbished. This means you can pick up a refurbished Samsung Galaxy S20 Ultra with top-of-the-line specs and features for just $814, a whopping 41.86% discount over the listed price of $1400.<\/li>
  5. LG refurbished phones<\/a> takes the third spot in terms of savings, and refurb buyers can save between 32% and 48% on handsets launched in the last two years.<\/li>
  6. OnePlus phones<\/a> depreciate at a similar rate as iPhones and their refurbished phones offer savings of around 22% vs buying a brand new model.<\/li><\/ol>\n\n\n\n

    Refurbished vs New Phone Savings Highlights<\/h3>\n\n\n\n

    The infographic highlights all of the main savings that can be made across refurbished phones released in 2020, 2019 & 2018.<\/p>\n\n\n\n