Nearly Half of U.S. Adults Consider Refurbished Tech as 57% of Millennials Seek Savings
Updated
Updated · Reader's Digest · Jun 17
Nearly Half of U.S. Adults Consider Refurbished Tech as 57% of Millennials Seek Savings
1 articles · Updated · Reader's Digest · Jun 17
Summary
Nearly half of U.S. adults considered buying refurbished tech in the past year, a CNET poll found, with interest rising to 57% among Millennials.
Rising prices for new devices — driven in part by memory and chip shortages — are the main draw, though some shoppers also cite cutting e-waste.
Refurbished products typically cost more than used ones but come inspected, repaired and graded; Apple says its certified refurbished items run about 15% below new.
The trade-off is risk: older devices may have shorter battery life, more wear, weaker software support and warranties that depend on the seller rather than the manufacturer.
The trend points to a broader shift in tech buying as consumers weigh lower upfront costs against reliability, buyer protections and the chance of scams.