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WEDNESDAY, NOVEMBER 25, 2009
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Best Buy Offers Used iPhones for $50 Less

Retailer tries to undercut the competition with refurbished handsets

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(Newser) – With an eye to newly frugal consumers, Best Buy is offering refurbished iPhone 3Gs for about $50 less than new handsets, Reuters reports. The retailer offers previously owned 8- and 16-gigabyte iPhones (returned in 30 days or less) for $149 and $249, respectively. Best Buy may be trying to undercut Wal-Mart, which started selling the iPhone 3G models last month for $197 and $297, slightly below Best Buy’s price for a new handset.

A customer in the queue looks at a new Apple iPhone 3G being put on sale for the first time at Apple retail store in Regent Street, London, Friday, July 11, 2008.
A customer in the queue looks at a new Apple iPhone 3G being put on sale for the first time at Apple retail store in Regent Street, London, Friday, July 11, 2008.   (AP Photo/Sang Tan)
A man uses his iPhone in Moscow, Friday, July 18, 2008.
A man uses his iPhone in Moscow, Friday, July 18, 2008.   (AP Photo/Sergey Ponomarev)
Traffic backs up at a Best Buy store parking lot in Madison Heights, Mich. during Black Friday, Nov. 28, 2008.
Traffic backs up at a Best Buy store parking lot in Madison Heights, Mich. during Black Friday, Nov. 28, 2008.   (AP Photo/Gary Malerba)
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