> That’s a fallacy.

> Nothing is saved overall.

This might be the most ridiculous POV of the second-hand market I’ve ever read.

There’s definitely some people who are buying new phones purely because they are ok with eating the difference between the new phone’s cost price and the old one’s sale price. I’m certain that’s a tiny niche of the entire market. And there’s the even smaller niche that actually use their phone till its very last breath. On the other hand, there’s an immeasurably larger part of the new phone market, formed of people who just buy a new phone anyways when they feel like it and leave the old one in their drawer.

Source: User surveys and research I conducted in another life