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Used Phone Market Growing, Slowly

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Consumer Intelligence Research Partners released results of its research on the market for used mobile phones. CIRP bases its findings on its survey of 1,000 US subjects that activated a new or used mobile phone in July-December 2013.

CIRP finds that fewer than 20% of new phone buyers sell or trade-in their old phone. When they do, mobile carrier trade-in programs dominate the market.

Disposition of Previous Phone

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Almost one-third of Apple iPhones get sold or traded-in. In contrast, fewer than 20% of Samsung phones are sent to the used phone market. New phone buyers resell other brands even less, generally with 10% or fewer of other brands sold or traded-in.

Mobile phone carriers dominate the market for buying used phones. Among new phone buyers, 39% report selling or trading-in their old phone at their current mobile carrier. No other outlet accounted for more than 10% of the phone repurchases.

Where Buyers Sell Previous Phone
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Mobile carriers clearly have an edge in buying used phones, in part because they account for more new phone sales. Including sales to friends with Craigslist and eBay, do-it-yourself deals account for almost a quarter of used phone sales.

For additional information, please contact CIRP.

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