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Tips for Buying Used Wholesale iPhones

Tips for Buying Used Wholesale iPhones

In recent years, the used smartphone market has been booming. Trade in used cell phones has risen on the back of customers looking for better value from their smartphone purchases and diminishing interest in keeping up with the ‘latest iteration’ new release cycle, now worth an estimated $20bn dollars worldwide.

Also, Read: Mobile Phones Wholesale Suppliers: Is it Worth It?

The way that wholesale supply has evolved is another reason for the rapid growth of the pre-owned phone industry. In the past, a piecemeal affair left mostly to small-time online operators was the business of acquiring, refurbishing and selling used handsets traded in when a customer purchased new phone.

Now, to the next level, larger-scale professional outfits have taken the used phone wholesale. Capable of sourcing thousands of devices at a time covering all the top models, our robust reconditioning and grading service and US-wide distribution network ensures that retailers can get the models their customers want, when they want, and be 100% positive about the quality of the handsets they purchase.

Inquiries from distributors looking to stock second-hand smartphones want to start with the biggest brands, such as Apple’s iPhone, and sometimes ask for guidance on what to look for when purchasing wholesale devices.

So here are some of our top tips for buying wholesale used iPhones.

Find a reputable dealer

The importance of doing your due diligence on who you are purchasing used iPhones from can really not be emphasized enough. Unfortunately, there is a wide black market for second-hand products run by unauthorized operators, as with many high-value electronic gadgets. Many of them are able to dress up as legitimate companies through the internet.

The danger you take is that orders never arrive, low-quality devices are sent, or stolen goods are even sent. There is no need to take such risks-just do some background checks on the company you are proposing to work with, ensure that they are properly licensed, search around for feedback and consumer reviews, and make your choice based on credibility and proven credentials.

Source stock for quality, not availability

A lack of supply of high quality used stock is one problem we hear most from used iPhone retailers. They claim that they are left to take whatever is available to their supplier, and are frequently frustrated by the physical and operating state of the device. This means that they either have to sell on, earning little margin, for a knock-down price, or else buyers are unwilling to purchase the handsets at all.

In order to prioritize efficiency, we will always advise retailers. Never just embrace inventory just because that’s what a retailer has available-if it’s not what you want, or you’re not pleased with the quality, look elsewhere.

Tips for Buying Used Wholesale iPhones

Also Read : Why People Keep Buying iPhones And Why iPhone Reselling Is Easy?

Check to see if you can benefit from Marginal VAT

For second-hand products retailers, the VAT Margin Scheme is a special tax benefit that provides a lower tax rate and calculates VAT on the margin you make on every item sold, not the full selling price, as is normal. That means that by selling used wholesale iPhones, you can make some essential tax savings. The scheme has strict guidelines, however, and eligibility all depends on whether or not the wholesaler has paid VAT (it only applies when no VAT has been paid on the items previously). Therefore, you have to source stock from wholesalers who also work under the rules of the scheme to take advantage of the scheme.

Buying used wholesale iPhones

One of the advantages of working with a larger Cellphone wholesaler is that the top labels and models are often highly accessible, and our grading system is extremely detailed. On both the marginal and the normal VAT system, we supply from Grade A Pristine to C and even D.

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Related Articles:

Where to Buy Quality Wholesale Phones?

Where to Buy Quality Wholesale Phones?

It can be hard to know where to look first if you are looking at buying bulk Apple and Android phones. There are so many different dealers out there, that it is difficult to know the Apple and Android phones are the legal wholesale providers. In order for you to continue doing so, it is necessary to find a trustworthy, reputable business to buy from.

Why Buy Mobile Wholesale Phones?

There are several reasons why you should begin buying cell phones wholesale. Great reasons for purchasing wholesale include the growth of your company and saving money on a premium product, among the many advantages.

Save Cash on High Quality Wholesale Phones

While it can be a major upfront expense to purchase bulk cell phones, you can save a lot of money in the long run. This is because, at a much cheaper price, the commodity comes directly from the maker. You can rely on the good working quality of the phones and potentially clean IMEI numbers.

Need an iPhone Wholesale Supplier? Become a Dealer & Start Selling Today

Expand your business

Finding legal Apple iPhone and Android phone wholesale providers means you can expand your company rapidly. It is crucial for cell phone companies to get a good flow of inventory, particularly during the holidays when phones tend to fly the fastest off the shelves. It is very important to get ready for your busy season and keep a good variety of inventory and will give a great reputation to your company.

Need an iPhone Wholesale Supplier? 

Where to Buy Quality Wholesale Phones?

What to Look for When Buying Wholesale Phones?

Be sure to take these into account when you purchase quality wholesale phones:

Get to know the language of the industry

Make sure all the buzzwords that wholesale distributors use are known to you. This will assist you and know what to look for in the process. This way, you do not automatically rush into a bargain or buy anything simply because it seems like a good deal.

Find your bestsellers out

Take a look at the sales and see which phones are top performing. It can be different for each cell phone provider, depending on the needs of your clients. This doesn’t just include, either, the new edition. Many individuals are searching for older models for their children, or for a corporate phone to use.

Know when new launches will occur

To know if there are any new releases coming soon for Apple or Android, keep an eye on the internet. If there is, then now is a good time for wholesale phones to be purchased. In the last iteration, the current model would trigger prices to drop, enabling individuals to afford it and attempt to buy it.

Be ready for the busiest time of year

If the holiday season is approaching, before prices go up, make sure you buy bulk cell phones well in advance. At all times, maintain a healthy inventory so that you do not run into any problems that could potentially be detrimental to your company. Always keep an eye out for excellent sales!

Best Wholesale Bulk Mobile Phone Providers