High resale price - why?

[nigelhealy]

I just observed used Nexus 5 being sold for about $35 less than new within countries which have plenty of stock. Is this the "one born every minute" or something else?

example of used $350


and example of new $385

With OnePlus out in a few weeks for $349 plus unknown on tax and postage, and a few other low-priced unlocked handsets out there, I'm puzzled why Nexus 5 is holding its used price, and its coming under attack on its new price.

 

[danarama]

Because it's a great phone. Oneplus one may be too big for some. Plus it's a true developers phone. No one knows what the oneplus one sources / blobs for drivers will be like...

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[nigelhealy]

Because it's a great phone.

I agreed enough I just bought one.:highfive:

Oneplus one may be too big for some.

I've gone down the route of using a Nexus 7 when i want bigger screen which I carry differently to my phone as for fitting in pocket and hand.

Plus it's a true developers phone. No one knows what the oneplus one sources / blobs for drivers will be like...

I avoid devices for a couple of months to let bugs discovered and resolved.

But that wasn't my question, i don't understand why someone would buy used for 90% of new? It's not like stock is hard to get new.

 

[simms22]

I agreed enough I just bought one.:highfive:



I've gone down the route of using a Nexus 7 when i want bigger screen which I carry differently to my phone as for fitting in pocket and hand.



I avoid devices for a couple of months to let bugs discovered and resolved.

But that wasn't my question, i don't understand why someone would buy used for 90% of new? It's not like stock is hard to get new.

its new price is fairly cheap, and its used price is competitive with other phones because its as good as or better than the other phones.

 

[nigelhealy]

its new price is fairly cheap, and its used price is competitive with other phones because its as good as or better than the other phones.

Right but why would someone buy used for 90% new when new is immediately available? I'm missing something here or is it just dumbness of buyer?

 

[simms22]

Right but why would someone buy used for 90% new when new is immediately available? I'm missing something here or is it just dumbness of buyer?

most people arent geniuses. ok, most might even be an understatement

 

[danarama]

Right but why would someone buy used for 90% new when new is immediately available? I'm missing something here or is it just dumbness of buyer?

90% is cheaper than 100%. Not everyone is as fortunate as you to be able to pay 100%

"but it's only $35"

Someone could feed themselves for a week on that. Don't make the mistake of confusing being frugal with being dumb, or that everyone is the same as you

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[nigelhealy]

90% is cheaper than 100%. Not everyone is as fortunate as you to be able to pay 100%

"but it's only $35"

Someone could feed themselves for a week on that. Don't make the mistake of confusing being frugal with being dumb, or that everyone is the same as you

Sent from my Nexus 5 using Tapatalk

If they're starving they can do with a cheaper Nexus 4 for months.

Warranty is part of frugality, if my new N5 breaks I got some postage costs probably, but I'm less exposed financially than I am with used.

 

[danarama]

Well luckily for them, it's not your decision what they do with their money

Some people don't care about warranty. Some people know how to use warranty. It's not a problem for them, it's not a problem for you so don't worry yourself about people being "dumb". If you're asking "why isn't everyone like me?", well that's a philosophical question, probably better angled towards facebook

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[bblzd]

Because the phone is worth a lot more than $350 to most people. Similar phones cost $700 and the Oneplus isn't even being sold really.

Also countries that don't have the Play Store devices, their only choice is to buy them second hand and they are willing to pay as much as the retail cost.

One word answer: demand.

 

[nigelhealy]

Because the phone is worth a lot more than $350 to most people. Similar phones cost $700 and the Oneplus isn't even being sold really.

I agree plus we don't know the potential scare story inside the OnePlus for at least month, it needs bulk ownership first from those who have another device already as their main phone.

Also countries that don't have the Play Store devices, their only choice is to buy them second hand and they are willing to pay as much as the retail cost.

Yep, that's a reason in some countries, not sure of the reason within USA.

One word answer: demand.

Hmm, there's something else going on, it doesn't add up fully.

 

[bblzd]

I agree plus we don't know the potential scare story inside the OnePlus for at least month, it needs bulk ownership first from those who have another device already as their main phone.



Yep, that's a reason in some countries, not sure of the reason within USA.



Hmm, there's something else going on, it doesn't add up fully.

Those living in other countries buy our used phones. $350 for a used N5 is still half the price they would pay for a new phone in their country.

Anyone living in North America can buy the phone for $350 new and have no incentive to buy it used for that price.

 

[nigelhealy]

Those living in other countries buy our used phones. $350 for a used N5 is still half the price they would pay for a new phone in their country.

Anyone living in North America can buy the phone for $350 new and have no incentive to buy it used for that price.

I'm well aware of that axis, selling from inside to USA to outside, doesn't explain buying within USA.

I'm selling my N4 in my next overseas trip next month :angel:

 

[bblzd]

I'm well aware of that axis, selling from inside to USA to outside, doesn't explain buying within USA.

I'm selling my N4 in my next overseas trip next month :angel:

What makes you think people in the US are buying them used for more than they cost new? I would just assume they are all out of seas, but there is no real way of telling. Or is there?

If they are, they must not realize they can buy it new for the same price from Google. Or perhaps they are attempting a scam of some sort.

 

[nigelhealy]

What makes you think people in the US are buying them used for more than they cost new? I would just assume they are all out of seas, but there is no real way of telling. Or is there?

If they are, they must not realize they can buy it new for the same price from Google. Or perhaps they are attempting a scam of some sort.

The example I gave, don't know for sure who bought but a "I will buy it" message from someone saying in they are USA, and this after I had pointed out 10% more gets new offer. I'm just puzzled, doesn't make sense.

Oh well.

 

[bblzd]

The example I gave, don't know for sure who bought but a "I will buy it" message from someone saying in they are USA, and this after I had pointed out 10% more gets new offer. I'm just puzzled, doesn't make sense.

Oh well.

Strange for sure. Perhaps they saw extra value in a phone that has an unlocked bootloader and root access?

 

[jabza]

Yep, that's a reason in some countries, not sure of the reason within USA.

Even in the USA, sometimes it takes a while to get. And beyond that, it's still cheaper than any other alternatives, and some people prefer it to be cheaper. If it's 10% cheaper than retail, then that's still 10% they save.

Hmm, there's something else going on, it doesn't add up fully.

No, there's nothing else. People can sell them for that price because people are willing to buy it for that price. That's what the demand is.

 

[divinewisdom]

Maybe its the rumors this is the last nexus.

Plus good luck to those waiting for the pluseOne it sounds good on paper but who knows if they will ever get to the point of mass production.

 

[vanessaem]

Maybe its the rumors this is the last nexus.

Plus good luck to those waiting for the pluseOne it sounds good on paper but who knows if they will ever get to the point of mass production.

Right...being that there may not be a Nexus 6, people are probably snapping these up now because they become a collector's item and a rare commodity.

 

[cas8180]

Craigslist in my area has them going mint for 250 to 325

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