Is Reselling iPhones Illegal – Before We Get Into The Topic , Let’s Learn Some Basic Of This Topic
Is it illegal to sell iPhones?
Many people are concerned about the possibility of reselling iPhones. Many people want to make some extra money by reselling iPhones. Others might have bought an iPhone at a discounted price and now plan to buy it to sell it.
There are many situations where your iPhone can be resold. You need to understand how legal.
Is it legal to purchase new iPhones in order to resell them at a profit?
Notification: This is not a professional answer and does not create an attorney-client relationship.
You want to purchase iPhones in order to make a profit on reselling them. This is legal. There is no law that prohibits you from selling your property at any price you would like (if you are talking about the common good market).
There are however a few things that you need to remember:
- It could be considered a breach of contract if you don’t pay full price for the iPhone. If that happens, the contract terms will be honored and you can’t sell the iPhone.
- You may lose your warranty if you aren’t an Apple authorized reseller.
- Export Act violations can be committed if you try to sell iPhones to other countries. This is why you should also check the Export Act. However, it all depends on where the iPhone was purchased.