Fast depreciating values: many Nigerians turn to foreign used phones amid declining quality

Depreciating smartphone values fuel consumer shifts

Smartphones that once held their value now lose it rapidly in Nigeria. Consumers have shared that new phones that once lasted for years now experience issues within months of purchase. The depreciation of new devices has led many to seek foreign used phones, which are often perceived as more reliable and cost-effective compared to newly bought models.

Quality concerns push consumers toward foreign used devices

Many Nigerians have become frustrated with the quality of new smartphones. After short periods of use, some new phones show significant declines in battery life and performance. In contrast, foreign used devices, often purchased from abroad, tend to maintain their value longer, with some users reporting fewer issues after years of use. As dissatisfaction grows, more people are turning to these foreign used phones instead of new, local models.

Repackaging concerns and lack of confidence in local products

Another factor contributing to the shift toward foreign used phones is the perception that some new devices sold in the market are actually faulty units repackaged and resold as new. This has raised concerns about the authenticity and quality of locally available smartphones. As a result, many Nigerians are losing confidence in local brands and manufacturers, further fueling the demand for foreign used phones.

A shift toward foreign used phones

As the Nigerian smartphone market faces quality issues and fast depreciation, foreign used devices are becoming a more attractive alternative. These phones, often sourced from abroad, are seen as more durable and offer better value for money than their locally available counterparts. While this shift is indicative of broader economic challenges, it also highlights a growing preference for high-quality, affordable electronics in Nigeria.

Via: Vanguard