There is no doubt that technology has advanced greatly, especially with the achievements of the latest, fastest, and most powerful smartphones. However, although new phone releases continue to dominate the market, second-hand mobiles have become a multi-billion dollar global industry worth approximately $20 billion dollars. But why is this? Keep reading to find out.
What are the benefits of buying a second-hand phone?
Whilst the market for pre-owned mobile phones continues to witness exponential growth, new smartphone sales are on a decline. This comes as no surprise, with the ever-increasing prices of the latest upgrades and flashy specs. Many consumers have chosen to take the cheaper route instead, turning to more affordable alternatives.
Here are just a few of the benefits of choosing second-hand phones:
As the technological advancements of new mobile phones continue to grow and improve, the increase in resources used will have a negative impact on the environment. In fact, research actually showed that 85%-95% of CO2 emissions produced over a phone’s lifecycle of two years are a result of its production process.
Buying a second-hand phone helps reduce your carbon footprint, it is also one of the easiest ways to make a positive environmental impact. Therefore, opting for a second-hand phone is the more economical and environmentally-friendly option.
With new smartphones coming out all the time, it means that you’ll be spoilt for choice when it comes to looking at previous-generation models as they become cheaper. For example, back in 2019 the retail price for the iPhone 8 was around the $699 mark and now costs $450 at a second-hand price.
The difference between the iPhone’s official price and the second-hand one was around $250. This highlights the value of pre-owned phones as you are more likely to save a decent amount of money.
Purchasing a refurbished device from a reputable seller ensures that the phone will have been rigorously tested. Therefore the mobile phone should be completely operational and work perfectly fine. This means that, whilst the older versions of smartphones may not always have the latest software updates or the fastest processors they are still very much reliable.
Mobile games have become increasingly popular on mobile devices as they are convenient and easily accessible. From popular social media apps such as TikTok to games like Candy Crush, you will still be able to comfortably run your favorite apps. It is important to note that although some newer versions of games may not be compatible with older phones. However, casino games such as Fluffy Favourites slot have been specifically designed to be accessible and compatible across numerous devices. They also have games that are optimized for playing from any handheld device with a stable internet connection, so you definitely won’t be missing out.
There is no doubt that second-hand mobiles offer a cheaper option for buying high-end smartphones. Refurbished mobile devices not only help prolong the lifespan of a phone but it reduces waste and maximises the value of the phone. Therefore, it is a more sustainable option but the best part is you can also save big. This goes to show that you don’t need to break the bank to enjoy all the joys of having a smartphone.