Refurbished iPhone 12: what it should cost
Fair value
$210
eBay low BIN*
$79
Base storage
64GB
Launch MSRP
$799 (2020)
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Where to buy, compared
Buyer notes
First 5G iPhone and the cheapest OLED entry point. Check battery health — many are on their original cell and 80%-or-below is a real replacement cost.
Refurbished grades, decoded
“Excellent/Premium” means minimal visible wear and usually a strong battery; “Good” means light scratches invisible at arm's length; “Fair” means honest cosmetic wear at the deepest discount. Functionality is guaranteed at every grade on reputable refurb marketplaces — you are choosing cosmetics and battery, not reliability. Our fair value assumes a “Good”-grade unlocked unit; pay toward the high end of the range for Excellent grade or verified 90%+ battery health.
How we set this fair value
Fair value is an editorial midpoint from filtered secondary-market listings (unlocked units, accessories and for-parts stock removed). It is not a live checkout price. See the full methodology.
FAQ
How much should a refurbished iPhone 12 cost?
Silicon Comps' editorial fair value is $210 for an unlocked 64GB unit in good condition, with a typical band of $150–$300 as of 2026-07-26. Higher storage and better battery health justify paying toward the top of the band.
Is a refurbished iPhone 12 worth buying?
First 5G iPhone and the cheapest OLED entry point. Check battery health — many are on their original cell and 80%-or-below is a real replacement cost.
What should I check before buying a used iPhone 12?
Three things: battery health (below ~85% means budgeting for a replacement), carrier lock status (buy unlocked — our search links pre-filter for it), and activation lock (the listing should state it's removed). Prefer sellers or platforms with real return windows.