Looking to modernize your old cell phone?

Heres how to buy a used phone.

Why Are There So Many Used Phones Available?

A group of old phones are stacked on top of one another in this photo illustrations.

Trade-in deals are part of the reason.

People looking to get the newest technology are turning in their old phones for deals on new phones.

That spells opportunity for the person looking to save some money but still snag a great phone.

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Probably not as good as youd like.

It always seems like an uphill battle to build (and keep) a decent amount in savings.

But what if your car breaks down, or you have a sudden medical bill?

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Those phones theyve used for 12 to 18 months … are like new more than half the time.

So there is a lot of life left in those devices.

Used vs. Refurbished: Whats the Difference?

Two types of non-new phones are out there, used and refurbished.

They mean different things.

Refurbished would typically mean something has been fixed in the phone.

Thats how Swappa came into being.

Still, there are many shady sellers who traffic in stolen phones.

So the first thing to do is find a trusted retailer or website to buy your used phone.

Paying with cash or directly out of a bank account offers little protection.

Finding the Perfect Used Phone

Used doesnt necessarily mean old and outdated.

Thats good news for someone looking for a deal.

Do I maybe want to spend a little bit more to get some more life out of it?

Prices depend on the condition and storage capacity.

Freeman said knowing what the phone would cost brand new is a good place to start.

So is understanding there is more to a successful purchase than just price.

verify youre comfortable with the sellers return policy and verification process.

When you log into your bank account, how do your savings look?

Probably not as good as youd like.

It always seems like an uphill battle to build (and keep) a decent amount in savings.

But what if your car breaks down, or you have a sudden medical bill?