Can you finance Apple refurbished products

When it comes to purchasing electronic devices, many people are often on the lookout for affordable options. One way to get a good deal is by purchasing refurbished products. Refurbished devices, including those from popular brands like Apple, can offer significant savings compared to buying brand new. However, financing refurbished products can sometimes be a challenge. In this article, we will explore whether it is possible to finance Apple refurbished products and discuss the options available for consumers.

The Rise of Refurbished Products

In recent years, the market for refurbished electronic devices has grown significantly. Refurbished products are those that have been returned to the manufacturer or retailer for various reasons, such as cosmetic damage, minor defects, or simply being unwanted by the original buyer. These devices are then repaired, tested, and certified to ensure they meet the manufacturer's standards before being resold.

Refurbished products often come with a limited warranty, making them a viable option for consumers looking for reliable devices at a lower price point. Apple, a leading company in the technology industry, also offers refurbished devices to its customers. These products are known as Apple Certified Refurbished.

Financing Options for Apple Refurbished Products

When it comes to financing Apple refurbished products, consumers have a few options to consider. Let's explore some of the possibilities:

Apple Financing

Apple offers its own financing program, called Apple Financing, which allows customers to purchase products, including refurbished devices, and pay for them in monthly installments. This program is available in collaboration with various financial institutions and offers competitive interest rates.

To apply for Apple Financing, customers can visit the Apple website or go to an Apple Store. The financing program is subject to credit approval, and customers may be required to provide certain documents and information to complete the application process.

Third-Party Financing

In addition to Apple Financing, there are various third-party financing options available for purchasing Apple refurbished products. Many online retailers and electronic stores offer financing programs through partnerships with financial institutions. These programs often provide flexible payment plans and competitive interest rates.

Customers can explore third-party financing options by visiting the websites of authorized Apple resellers or checking with local electronic stores. It's important to compare different financing programs to find the best terms and conditions that suit individual needs.

Credit Cards

Another option for financing Apple refurbished products is to use a credit card. Many credit card companies offer installment plans or special financing options for large purchases. By using a credit card, customers can spread out the cost of their purchase over several months, potentially making it more manageable.

Before using a credit card to finance a refurbished product, it's important to consider the interest rates and any additional fees associated with the credit card. It's also crucial to make timely payments to avoid accruing high interest charges.

Advantages and Considerations

Financing Apple refurbished products can have several advantages, such as:

- Cost Savings: Refurbished products generally come at a lower price compared to new devices, allowing customers to save money. - Warranty Coverage: Apple Certified Refurbished products come with a limited warranty, providing customers with peace of mind. - Quality Assurance: Refurbished devices go through a rigorous testing process to ensure they meet the manufacturer's standards, reducing the risk of purchasing a faulty product.

However, there are a few considerations to keep in mind when financing Apple refurbished products:

- Interest Rates: Financing options may come with interest charges, so it's important to compare rates and consider the overall cost of financing. - Credit Approval: Some financing programs require credit approval, so customers with lower credit scores may face challenges in obtaining financing. - Availability: The availability of financing options may vary depending on the region and specific authorized resellers.

Frequently Asked Questions (FAQs)

  • Q: Can I finance a refurbished iPhone from Apple?

    A: Yes, Apple offers financing options for refurbished iPhones through their Apple Financing program or through third-party financing options.

  • Q: Are there any additional fees when financing Apple refurbished products?

    A: Additional fees, such as interest charges or administrative fees, may apply depending on the financing option chosen. It's important to carefully review the terms and conditions before committing to any financing agreement.

  • Q: Can I return a financed Apple refurbished product?

    A: Refurbished products purchased through financing may have different return policies compared to new products. It's important to review the return policy before making a purchase and consider any potential fees or restrictions.

  • Q: Are there any alternatives to financing for purchasing Apple refurbished products?

    A: Yes, customers can also consider saving up for the purchase or exploring other financing options, such as personal loans or installment plans offered by electronic retailers.


In conclusion, financing Apple refurbished products is indeed possible and can be a viable option for consumers looking for affordable alternatives to brand new devices. Whether through Apple's own financing program, third-party financing options, or credit cards, customers have various choices to explore. It's important to compare financing options, consider the terms and conditions, and assess individual financial situations before making a decision. By understanding the available options, consumers can make informed choices and enjoy the benefits of owning Apple refurbished products without breaking the bank.

12 October 2023
Written by John Roche