We all love saving money and getting discounts here and there, especially when it comes to buying our tech toys and gadgets. The latest smartphones, tablets, and computers typically come with premium early-adopter prices and sometimes, it's just better to be patient and wait for better deals to come around.
With iPhone 8 models already out and the thousand-dollar iPhone X looming on the horizon, you can expect a torrent of used older iPhone models flooding the market as people try to dispose of their old smartphone to fund their new one.
Buyer beware though. Although you can find cheap used deals in online marketplaces like eBay or Craigslist, you're always taking a risk when buying or bidding since you're relying on the word of the seller.
Why go refurbished?
Veteran deal hunters, however, always consider buying a refurbished product. These are used items that have been checked and repaired to meet the manufacturer's specifications.
Most online vendors claim that their "refurbs" are in excellent condition but it's still a hit-or-miss affair since they don't really have strict quality control procedures.
If you're in the market for a refurbished iPhone, here's a little secret I want to share with you: the best source to get a decent discount, while still having the same excellent customer support and one-year warranty as a brand new one, is straight through Apple itself.
Apple's Certified Refurbished products
Apple's Refurbished and Clearance section is a not so publicized section of Apple's website.
Here you can find Apple's refurbished products that are previously owned or returned. Especially now with Apple's iPhone Upgrade Program, where users can trade in their old iPhones for the new models, this refurbished section provides an outlet for all the units that are getting traded in.
Why go with Apple refurbs? First, the items are thoroughly checked under Apple's rigorous testing procedures. They are then repaired with all the defective parts replaced then tested and certified before they are put up for sale on Apple's online refurbished store.
All Apple "refurbs" also include the standard one-year warranty with an option to get extended coverage via the AppleCare Protection Plan. All Apple refurbished iPhones, iPods and iPads also come with brand new batteries and outer shells.
The best reason why you should consider buying Apple's refurbished items is the decent amount of money you can save. Apple's refurbished item discounts are typically at 15 percent but they can go as high as 25 percent.
With the new iPhones out now, we are expecting new batches of refurbs hitting this section very soon. Right now, it's still populated with iPhone 6 and 6S models but we will surely start seeing iPhone 7 and 7 Plus models in the months ahead.