Money saving
InformationalHow Much Money Can You Save Buying a Refurbished Phone?
Smartphone prices keep climbing. Here's exactly how much you can save by going refurbished — with real UK examples.
Smartphone prices have skyrocketed, with new flagships now exceeding £1,200. Buying refurbished can dramatically reduce that cost, but exactly how much money can you save? This guide breaks down typical UK savings across popular models and brands.
Average savings on refurbished phones
Across the UK refurbished market, buyers typically save between 30% and 60% compared to RRP. The exact savings depend on model age, condition grade, storage size and demand.
iPhone savings examples
A new iPhone 14 Pro Max retails at around £1,199. A refurbished version often costs £650 to £800 — saving you up to £550. See live deals on our iPhone 14 Pro Max page.
Samsung Galaxy savings examples
The Samsung Galaxy S24 Ultra retails at £1,249, but the refurbished Galaxy S24 Ultra can cost as little as £700 — that's over 40% off the original price.
Why refurbished saves so much
Phones depreciate quickly. Within 6–12 months of release, models lose around 30% of their value. Combine that depreciation with grade-based pricing, and you get exceptional savings without sacrificing quality.
Budget-friendly picks
If your budget is under £200, see our roundup of the best second-hand phones under £200 in the UK.
Frequently asked questions
Why are refurbished phones cheaper?
Because they've been previously owned and depreciated, even though they've been restored to working condition with a warranty.
Are the savings worth it long-term?
Absolutely. With a warranty included, you get protection plus huge savings versus buying new.
Eleanor Wright
Senior Editor, Mobile
Part of the Second Hand Phones editorial team — writing honest, useful guides for UK shoppers buying second-hand smartphones.
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