To combat this, they have implemented a trade-in program where people can send back their used iPhones and get some cash they can add to the purchase of a new one. While this sounds like a great concept, there are reports that Apple allegedly destroys some old devices that are still usable.
Tech entrepreneurs and innovators have created a more efficient solution for this; which is reselling used iPhones to willing buyers.
There are companies that specialize in this service. They buy used iPhones at reasonable prices, fix all existing issues, and resell them for a profit. Many of these companies integrate trade-in and buyback solutions like Reusely with their website so people can seamlessly trade in their old devices or buy refurbished ones.
Reasons to Buy Old Apple Devices
There are numerous reasons why people buy used iPhones, here are some of them:
Protecting the environment
The amount of pollution in the environment increases yearly and buying used Apple devices helps to reduce it.
Saves cost
Used iPhones cost significantly less than new ones. People on a budget can save their money and still be able to afford some of the latest devices on the market.
Access to discontinued devices
Apple stops producing some of its products when they release a new version. So people can only get those devices on the used market.
Used devices lose value less than new ones
Once an iPhone is unsealed, it loses a chunk of its value immediately. This is a stark contrast to used iPhones that hold their value better over time. Used devices may have a lower resale value when they are being sold a second time but the price reduction is usually not significant.
What to Look Out for When Buying a Used iPhone
Apple devices are built to be durable. Nevertheless, they are machines that naturally lose their efficiency over time. You should check the following if you want to purchase a used iPhone:
Battery health
You should verify the battery health of the used iPhone you are buying to ensure it can carry enough charge to serve your daily needs. To check this, go to:
Settings > Battery > Battery Health > Maximum Capacity.
Whether it is a stolen device
Some people steal iPhones to resell, so ensure you are not buying one of those. To verify this, go to Settings > General > About to view the IMEI number.
Search the IMEI number on the CTIA Stolen Phone Checker website to know if the iPhone was stolen. Note that stolen Apple devices usually still have the Apple ID of the owner logged in.
Whether it is carrier-locked
If you are buying a used iPhone, ensure it is not locked to a specific carrier because that can hinder your ability to use it freely.
Reselling iPhones significantly helps the environment because it encourages recycling and reduces waste that would have otherwise gone to landfills.
It also helps people get iPhones at a discounted price and have access to devices that have been discontinued.
