Refurbished products – are they worth?

At times we always wanted to get our hands on those latest iPhone models or the latest headphones but how many times did we look into our wallets and reconsidered our decision.

This happens quite a lot with the younger generation. Not that they couldn’t afford but it is always not possible to hold that edge of getting a brand new product. Obviously, due to cost constraints.

How many of us during our college might have looked at second hand shopping websites for some crazy deals offers, to buy those flashy mobiles, or iPods, or tablets? Well, this doesn’t come as any surprise as most of us might have passed this stage.

Now assuming, we finally get a best deal on some nice iPhone that is second hand (otherwise also known as refurbished), are we not too sceptical about the functionality? This is where the buyer’s protection comes into place.

Although there are a plenty of refurbished products available with most of them offering discount coupons or online offers, the question to be asked is are they really worth it?

Some merchants have their own in house technical teams that work day in and day out to make those online coupons really fetch something that is a value add but who can guarantee the performance of a second hand electronic product.

This is where some merchants put in a lot of effort to ensure the end customer doesn’t face any issue after buying a refurbished product and it is precisely for this reason these merchants adopt to measures such as “merchant verified”.

It is these kind of claims from the merchants that win the customer confidence while buying a product at a lesser price even though it is a refurbished one. This is how the merchants advertise online offers or online coupons and in the process they play their part in getting a fancy product at a cheaper price.

True that a second product is a second hand product or which is already used by someone in the past, but the fact remains that these products most of the times turn out to be as good as new products.

Yes, the warranty is the next question that anyone will have in mind and as Indian consumers we are very concerned about warranty on an electrical product because at the end of the day it’s the consumer’s hard earned money that is getting transformed into an investment.

Read our other exclusive article regarding an insight on warranty on a refurbished product.