The iPhone has long been celebrated for its reliability and high resale value. If you purchase a new iPhone, you can sell it a year later for about 70% of its original price.
Among the various types of iPhones available, the renewed iPhone is a popular option that is sold in large quantities on platforms like Amazon and other retailers. Despite their prevalence, many people need help understanding the distinction between Renewed and Refurbished iPhones, often assuming they are identical. However, this needs to be clarified.
- Renewed iPhone: This pre-owned phone has been resold after pre-sale preparation.
- Refurbished iPhone: This is a pre-owned or new phone that has been repaired, possibly with parts such as the screen, microphone, or charging port being replaced.
In this article, I will explore Renewed iPhones, what they are, and what it truly means to renew a phone.
Unveiling the Origin of Renewed iPhones
Reselling iPhones has become a major business involving some of the biggest names in the electronics market: Apple as the manufacturer, Amazon as the marketplace, and countless small and medium-sized companies profiting from this trade.
Apple, for instance, offers a trade-in program where customers can exchange their old iPhones for a discount on a new one. In 2024, Apple even accepts the iPhone 7 Plus, although it offers a maximum of only $40 for the older model.
The abundance of Renewed iPhones comes from various sources. One primary source is companies that offer trade-in programs for old phones. Another source is phones returned by customers during the return period. Additionally, some companies actively buy back old phones with the intention of selling them later as Renewed iPhones. Another source of new iPhones is major cell phone companies. These companies often offer renewed phones when customers sign a contract. Once the contract expires, it is often more advantageous for customers to renegotiate and receive a new phone.
Renewed iphone meaning, category
Renewed iPhones can be categorized based on their condition, influencing their resale value.
The first category comprises phones returned to the seller within the return period. These devices are classified as “like new” and sold at a small discount.
The second category includes phones returned through an exchange program. If these phones have not been used extensively, they are categorized as being in very good condition and sold at a 20-30% discount.
The third category consists of phones purchased at various online auctions or those with a long period of use, even if acquired through an exchange program. These devices are classified as being in good condition and typically sold at a 50% discount off the original price.
So, what are these phones really like and how are they renewed? The quality of the renewal largely depends on the qualifications of the technician performing the work. Nevertheless, preparing the phone for resale involves several mandatory and customized steps, varying by seller.
- iCloud Account Removal: The device is checked and removed from the previous owner’s iCloud account.
- Battery Condition Check: This step is individualized for each seller. For instance, Apple guarantees that the battery condition of these phones is at least 80%. Other sellers might have lower standards, while some may even replace the battery if necessary.
- Functionality Test: The phone is thoroughly checked for serviceability, including its ability to charge, power on and off, and the functionality of the display.
- Cleaning: The phone is meticulously cleaned to remove traces of previous use. A new protective film may be applied to the screen, although this is not always required.
- Packaging: If the original packaging is available, the phone is repackaged in it. Otherwise, the phone is packed in a box provided by the company that renewed it.
- Accessory Replacement: To enhance the phone’s presentability, power cables may be replaced, or the phone may be retrofitted with a charger. These accessories will not be original but will be Apple-certified. Some companies might provide non-certified cables or chargers.
In summary, the process of renewing an iPhone involves several steps to ensure its functionality and appearance, with the quality of the renewal varying by seller.
Upgraded Warranty and Feasibility of Purchase: What to Expect with Renewed iPhones
Since these devices are not new, they are not covered by Apple’s warranty. Instead, they come with a warranty provided by the seller. For example, Amazon offers a 90-day warranty, allowing you to return, repair, or replace the phone within that period. Additionally, phones in good condition may qualify for the Renewed Premium product program, which offers a 365-day return or replacement policy. This program allows for a full refund or replacement within 365 days of receipt, provided the product is returned in its original condition. However, a partial refund or no refund at all may be given for used, damaged, or substantially different merchandise.
When it comes to purchasing a renewed iPhone, it can be a bit of a gamble. You might end up with a perfectly functional phone, or you might encounter a defect that isn’t immediately apparent or occurs intermittently. Nonetheless, buying from a reliable seller increases your chances of resolving any issues quickly and to your satisfaction.
