Malaysia’s second-hand phone market has transformed from small shop haggling into a booming industry led by retailers like CompAsia, Swapper Malaysia, and CEX. For consumers such as digital marketer Viknesh Raj, upgrading is now a practical necessity, not a luxury.
Malaysia’s Used Phone Market Booming
Prices fluctuate, but savings are significant — an iPhone 16 Pro Max can cost RM6,000 new, yet under RM4,000 used. Beyond affordability, the trade-in ecosystem helps tackle e-waste, with Malaysia generating 24.5 million discarded devices this year.
Still, many exploit installment plans to cash out quickly, reflecting economic pressures. The market has become both a lifeline and a mirror of broader financial realities.
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