Secondary Market
Buyback & Trade-in
The secondary market for electronics is the market for the resale of previously owned devices, distinct from the primary (new goods) market. It encompasses private peer-to-peer resale, certified refurbished platforms, and institutional buyback programmes.
Secondary market pricing is driven by supply (returned, traded-in, or end-of-lease devices), demand (consumer appetite for affordable alternatives), and primary market dynamics (new model launches that depreciate the value of prior generations). Secondary market prices are highly reactive - iPhone resale values can decline 15-20% in the 48 hours following an Apple product announcement.