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When considering purchasing a refurbished smartphone, understanding the price-to-resale value ratio can help consumers make informed decisions. Two popular platforms for refurbished devices are Back Market and Amazon Renewed. Comparing these platforms for specific models like the Motorola Edge Plus and the iPhone 13 provides insight into which offers better value over time.
Understanding Price-to-Resale Value Ratio
The price-to-resale value ratio measures how well a device retains its value after purchase. It is calculated by dividing the resale price by the initial purchase price. A higher ratio indicates a better resale value, meaning the device depreciates less over time.
Refurbished Platforms: Back Market vs Amazon Renewed
Back Market specializes in certified refurbished devices with strict quality controls. Amazon Renewed offers a wide selection of refurbished products with a focus on authenticity and warranty options. Both platforms provide competitive pricing, but their resale value retention can differ based on device popularity and condition.
Motorola Edge Plus: Resale Value Analysis
The Motorola Edge Plus, known for its flagship features at a competitive price, tends to depreciate faster than some premium devices. When purchased refurbished, its resale value ratio varies depending on the platform and device condition.
Back Market Pricing and Resale
Refurbished Motorola Edge Plus units on Back Market typically cost around 70-80% of the original retail price. Resale values after 1-2 years often retain about 50-60% of the original purchase price, resulting in a resale value ratio of approximately 0.6.
Amazon Renewed Pricing and Resale
On Amazon Renewed, prices for the Motorola Edge Plus are similar, but resale values tend to be slightly lower due to market demand. After 1-2 years, resale prices often reach around 45-55% of the original purchase price, giving a ratio near 0.55.
Iphone 13: Resale Value Analysis
The iPhone 13, being a highly popular flagship device, generally retains its value better than many Android phones. Its resale value on both platforms remains relatively high, making it a strong candidate for good resale value ratios.
Back Market Pricing and Resale
Refurbished iPhone 13 units on Back Market are usually priced at about 75-85% of the original retail price. After 1-2 years, resale prices often stay around 70-80%, resulting in a resale value ratio of approximately 0.75.
Amazon Renewed Pricing and Resale
On Amazon Renewed, the iPhone 13 maintains strong resale values, with prices after 1-2 years often around 65-75% of the original. This yields a resale value ratio close to 0.7.
Comparison Summary
- Motorola Edge Plus: Slightly higher resale value ratio on Back Market (~0.6) than Amazon Renewed (~0.55).
- Iphone 13: Better retention on both platforms, with Back Market (~0.75) outperforming Amazon Renewed (~0.7).
- Overall: iPhone 13 offers better resale retention, but Motorola Edge Plus still retains a respectable value, especially on Back Market.
Conclusion
Choosing between Back Market and Amazon Renewed depends on the device and personal priorities. For better resale value, the iPhone 13 generally outperforms the Motorola Edge Plus. However, for cost savings and quality assurance, both platforms provide reliable options for refurbished smartphones.