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On its release, the iPhone 5 created buzz around its new thin and light design. It features a bigger 4 inch screen, faster 1.3 GHz dual-core processor, and 1GB of RAM— all packed into a phone that is 25% thinner than the iPhone 4S. The iPhone 5 also features big improvements to the 8 MP back camera, with better low-light capabilities and a 40% faster photo capture.
For such a sleek phone, the iPhone 5 has better battery performance, two times the graphics performance, and is two times faster than the predecessor iPhone 4S. The shape of the iPhone 5 is carried on today with Apple's recent release of the iPhone SE. As Wired notes, the form factor of the iPhone 5 has "long been the golden child of Apple phone design and a benchmark for phones in general." This makes the iPhone 5 ideal for any user who wants a taste of Apple's most celebrated designs at an affordable price.
With its release in 2012, the iPhone 5 had such booming sales that the chief economist of J.P. Morgan speculated that "sales of the iPhone 5 could boost annualized US GDP growth by $3.2 billion, or $12.8 billion at an annual rate". Apple has since discontinued the production of the iPhone 5 when it introduced the iPhone 5c and iPhone 5s.
The iPhone 5's impressive sales figures mean that the resale market is well stocked with used models. But with lots of other used iPhones to choose from, is the iPhone 5 really the best option for you? Here are a few things you should keep in mind before buying a used iPhone 5.
1. It's the closest you can get to a cheap iPhone
Apple has never been known for low-end products so buying a used iPhone 5 is a great way to get an iPhone at a discount. You can buy a used iPhone 5 starting at $125. Not only is the phone itself a cheap alternative to a new phone but its accessories are also more affordable. Cases and other key accessories have dropped in price as the demand for the iPhone 5 has declined, so you're in for savings all around.
2. If you're upgrading from an older phone, an iPhone 5 will be a real improvement
If this is your first iPhone or even your first smartphone in general, you will quickly find out what all the fuss is about. The iPhone 5 has enough bells and whistles on it to impress you with its capabilities. When it's finally time for you to move onto bigger and better iPhones, most of your accessories from the iPhone 5 will be compatible with a newer model.
3. The iPhone 5 is still gorgeous to look at
The iPhone 5 is the granddaddy of all beautifully designed devices. Without knowing what to look for, the 5 could easily be mistaken for a newer iPhone 5s or iPhone SE. The materials used to construct the iPhone 5 are part of the reason that it has aged so well. Its premium aluminum body and chemically-hardened glass screen just feel that much more luxurious to hold. It's a phone that will quickly be seen as vintage rather than just outdated.
1. It's not that much more money to buy a used iPhone 5s instead
The popular opinion with this type of consumer technology is that newer is always better. The specs are better and you have more time until it is obsolete. Think about a digital camera. Would you want to buy a digital camera in 2012 or 2014? A lot of improvements happen in those few years so paying a slightly higher price for a newer model might be worth it.