Five reasons why refurbished is better than new

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Happy female customer holding a refurbished device.

We all know that the UK economy has seen better days. From a 41-year high inflation rate in October 20221 and a full-blown cost of living crisis in 2023, consumers and businesses need cost savings.

At the same time, we are firmly in the process of global warming, with June 2023 being the hottest month of June since records began in 1884 and approximately 64% of adults in Great Britain being “somewhat or very worried about the impact of climate change”2.

Many also believe that the rate of tech hardware innovation has slowed to such a point in Smartphones and Laptops that consumers are not willing to buy into an annual upgrade cycle because they don’t see an equivalent increment in value to justify the expense.

The affordable, sustainable solution is for consumers and businesses to buy pre-owned hardware that has been professionally processed by audited UK suppliers. Here are five good reasons why you should buy Likenew instead of new.

Cost savings

Likenew can save you up to 70% of the cost of an equivalent new device. There are significant savings to be had on tech hardware, so you can invest in other areas.

Environmental impact/ ESG contribution

Buying refurbished is an easy way to contribute to your ESG policy. Every Likenew device sold reduces the rate of resource intensive rare earth mineral processing. It also reduces e-waste (almost ~83% of devices globally are burnt or thrown to landfill3).

A myriad more customisation

Not every employee needs cutting-edge hardware. Likenew can help you find a win-win situation, where you can have a product tailored to your needs without the eyewatering price tag. For example, you could have a laptop that was launched in 2019 with the same chassis specifications as the latest model, but with 3x the memory and 2x the RAM. There are millions of permutations that will not be available in ‘new’.

Tech has had time to fail

In any industry you can see that software in new technology will fail in some way. Video games consoles, Video games, Vehicles, Windows, Smartphones – they all need patching and fixing. In some cases there are hardware failures, not all leading to recalls. There are a wealth of documented cases across industries, e.g., Tesla recalling 362,000 vehicles in 20234 or Apple recalling iPhone 12 and 12 Pro that were manufactured between October 2020 and April 20215.

Quality is just as good as new

With refurbished you can expect at least the same performance quality as new products. The main loss versus new will be the battery which will have at least 80% of health versus new. For total peace of mind, Likenew products are sold with a minimum 6-month warranty and are supplied by audited UK suppliers – no issues with reclaiming VAT, no painful customer service, and a much more sustainable purchase.

Sources:

  1. https://commonslibrary.parliament.uk/research-briefings/cbp-9428 ↩︎
  2. https://www.ons.gov.uk/economy/environmentalaccounts/articles/climatechangeinsightsuk/august2023 ↩︎
  3. https://www.backmarket.co.uk/en-gb/c/news/used-vs-refurbished-smartphone ↩︎
  4. https://www.cnet.com/roadshow/news/tesla-recalls-362000-vehicles-what-you-need-to-know/ ↩︎
  5. https://support.apple.com/iphone-12-and-iphone-12-pro-service-program-for-no-sound-issues ↩︎