You are right some of these refurbished phones are always stolen phones. one need to be careful to avoid getting self into trouble.
Is Selling Refurbished phones a good business?
- Thread starter Hate2Wait
- Start date
Even the buyer won't mind it because he/she may be getting at lower rates than what he/she will get in the market. I still don't buy them as they may not be having a guarantee like we get for a new mobile phone.
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Even the seller will not be. give you a guarantee too. They know it might not last becsuse it's always a gamble 50; 50 chance.
Exactly, some buyers got their ticket to prison for buying a stolen phone, it's now compulsory to have proof of ownership before you can sell off your used phone.
There was a refurbished phone seller here who bought a stolen iPhone 11 for $50 while he resold it at a very high price although he was later caught by the law enforcement agencies.
- Thread starter
- #27
If you like to save money and still like to have a good phone then the only good option is to go for a Refurbished phone or a second-hand phone as it can be available at even half of the new phone price and can save us a lot of money and this is why many people prefer to go for second-hand phone only and never go for new phone
I hope this is exactly what they doing now. So a buyer doesn't see self in a police net for just buying an old phone.
But still, there is no surety that these second-hand phones are good as the new phone. I have seen these phones are defective and afterwards, the people repent for buying these refurbished phone.
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- #30
These things do happen and I have heard this from many so I never go for a refurbished or second hand phone no matter how cheap is it but I have seen some that always buy second hand and they don't complain so they are either lucky that they don't experience any issues or they are good at selecting phones that works for longer
Even though they are aware of this it doesn't stop them from buying stolen phones. One of by big bro's phone got stole yesterday. Obviously to be sold on black market.
I guess the latter WS the case, they are good at selecting phones in good conditions.
- Thread starter
- #32
I won't mind learning a thing or too from them because buying a refurbished phone can save us a lot of money and why do we need to pay so much for a phone that we can get in second-hand condition after few months as many people like to buy new phone and sell after few months
- Thread starter
- #34
If we like to take risks then we should buy these from websites like amazon etc and some time back even Flipkart started its website 2gud.com where they were only selling refurbished products but for a long time I haven't heard about it and could be they are closed now as still, people don't prefer to buy second hand online even though they provide us 6 months warranty
Yeah maybe he will just station himself near where phones are sold msybr those thieves might come to sell the phone there.
- Thread starter
- #37
It's a good business idea as many people like to try the new phones and when they face even a small issue or they dislike something they sell it and that's where these shop owners get the phone at less price and then they can sell it a higher price saying that its only 3-4 months old
- Thread starter
- #39
Yes this is the problem when we buy second hand products but we cannot deny that these are cheap and can save you money and if you are good at finding second hand products with good health then it'll be useful
