I am currently rocking an iPhone 4. Let's just say the experience is not the most ideal.
I am wanting to buy a refurbished iPhone 7 off of eBay for around $180 dollars. For 32 GB and a phone that'll probably be supported software wise about 2-3 years, this seems like a great deal, especially since I'm on a tight budget.
I am wondering though if it is foolish to buy it before they launch a new phone. I have been told that the models after a certain time on the market stop depreciating when new announcements come and just do so organically over time. Is the iPhone 7 in refurbished terms likely to drop significant anymore when Apple announces their new phones?
Also, will refurbished iPhone 8s likely drop to below a $200-$250 dollar price point after the new announcement as well.
So in short, what I'm really asking is:
1. Will the iPhone 7 come down after the announcement and will this affect the refurbished market?
2. Will the iPhone 8 come down after the announcement and will this affect the refurbished market?
3. Should I wait to buy a refurbished phone after the conference or will the announcement even affect the refurbished market?
Thank you so much for reading. I'm really just tired of the 4 and want to get a newer phone as soon as possible.
I am wanting to buy a refurbished iPhone 7 off of eBay for around $180 dollars. For 32 GB and a phone that'll probably be supported software wise about 2-3 years, this seems like a great deal, especially since I'm on a tight budget.
I am wondering though if it is foolish to buy it before they launch a new phone. I have been told that the models after a certain time on the market stop depreciating when new announcements come and just do so organically over time. Is the iPhone 7 in refurbished terms likely to drop significant anymore when Apple announces their new phones?
Also, will refurbished iPhone 8s likely drop to below a $200-$250 dollar price point after the new announcement as well.
So in short, what I'm really asking is:
1. Will the iPhone 7 come down after the announcement and will this affect the refurbished market?
2. Will the iPhone 8 come down after the announcement and will this affect the refurbished market?
3. Should I wait to buy a refurbished phone after the conference or will the announcement even affect the refurbished market?
Thank you so much for reading. I'm really just tired of the 4 and want to get a newer phone as soon as possible.