Why You Should Consider Purchasing Refurbished Over New Electronics
upstart writes:
Why you should consider purchasing refurbished over new electronics:
[...] And there's another set of benefits to refurbished electronics these days, which I discussed with Lauren Benton, the general manager at Back Market.
"One major issue here is too much demand, and not enough supply of chips. Refurbished electronics helps alleviate supply chain woes by keeping chips in circulation longer. Back Market is leading the charge against buying new these days to support and promote sustainability in tech," Benton told me.
She outlined further the benefits of buying refurbished:
First and foremost, major cost savings can be realized. Refurbished devices are usually half the price of new while still functioning like new (they can be up to 70% off the price of new).
Better quality is another factor. Benton said that when working with professional refurbishers, consumers can expect a professional review of their device. I myself can attest to this since these devices have been proven to work reliably.
"For example, at Back Market, all sellers must meet a 25-point quality charter, which ensures that the defective rate on the platform remains low - generally below 5%. For reference, the unofficial failure rate of new devices hovers at around 3% (case in point, the iPhone X and the iPhone 8 Plus, which both came out at the end of 2017, were each reported to have a 3% failure rate in Q1 of 2018)" she told me.
Have you used reconditioned hardware and, if so, what are your experiences? If you have bought used hardware (but not reconditioned) has it turned out to be a bargain or a disappointment?
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