Refurbished iPhone 12/12 Pro models are now available from Apple
For the first time, Apple started selling refurbished iPhone 12 and 12 Pro models on March 15.
Only refurbished 6.1-inch iPhone 12 & 12 Pro are in stock at this time, while iPhone 12 mini and iPhone 12 Pro Max are not available yet. Specific storage capacities and color options can be delivered or picked up at some of the Apple Stores.
There is the usual 15% discount on the refurbished models compared to the prices for the new products. $619 will get you an unlocked iPhone 12 with 64GB of storage at Apple's US refurbished store, while the same brand-new phone is priced at $729.
All of the phones are unlocked and SIM-free. The standard package includes a new battery, a new outer shell, and a new white box with all the manuals and a USB-C to Lightning cable. Apple's regular one-year warranty covers all of the officially refurbished phones, which are eligible for extended AppleCare+ coverage. They are scrupulously cleaned and tested, so we believe that they are practically identical to their brand new counterparts.Source