Is it because of the holiday season or are preloved phones always more expensive than new phones?

Shashank S.
Shashank S. Posts: 2 ✭✭
edited December 2023 in Phones

I would expect that a used phone would cost lesser than a new phone, but in the store, it looks like that is not the case for a large number of preloved/used phones. Do these prices go up/down? If not, why would anyone buy preloved phones for a high price?

Best Answer

  • Jess_i88b6
    Jess_i88b6 Posts: 12,856 ✭✭
    edited December 2023 Answer ✓

    Hi @Shashank S.

    If there is a promotion associated with the phone (in this period is the case) this is possible

    With Fizz you need to check the price of phone and plan at least once a month, sometimes you can have a lower price with more data (for example)

Answers

  • Andrei_ref_R7VK1
    Andrei_ref_R7VK1 Posts: 6,053 ✭✭
    edited December 2023

    No, it's not always like this. Time to time there are very good deals for the new phones, like this summer for Pixel and Samsung ones.

  • Easygolucky
    Easygolucky Posts: 1,089 ✭✭

    You're right to expect that preloved or used phones would typically be priced lower than new ones, as this is the standard practice in most markets. The pricing of preloved phones at Fizz or any other store not aligning with this expectation can indeed be puzzling. Here are a few factors to consider:

    1. Condition of Preloved Phones: Sometimes, 'preloved' phones are nearly new, meaning they were returned soon after purchase and are in excellent condition. These phones might be priced higher than other used phones but still lower than brand new models.
    2. Market Demand and Pricing Dynamics: The pricing of preloved phones can be influenced by market demand, availability, and the specific model of the phone. If a particular model is in high demand, even preloved versions might retain a higher value.
    3. Warranty and Guarantees: Preloved phones sold through official channels like Fizz often come with certain guarantees or a warranty, which can add to their value compared to buying used phones from individuals or less reputable sources.
    4. Pricing Fluctuations: Prices for preloved phones may fluctuate based on inventory levels, new model releases, and market trends. It's possible that the prices could go down (or up) over time.
    5. Comparing with New Phone Prices: Sometimes, the price difference might not be significant when compared to new phones, especially if there are promotions or discounts on new models. This could make the preloved option less attractive unless there are other benefits like a shorter contract or more flexible terms.
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