Why are cell phone repairs cheaper than you think?
The cost of replacing a cellphone has fallen faster than expected, thanks to improved wireless technology, and consumers are increasingly willing to pay for new phones.
According to research firm Technomic, cellphone prices are down by almost half since 2008.
Consumers can pay less than $10 for a new iPhone, up from $100 in 2008.
The average price of a new phone has also declined by nearly 20 percent, from $650 in 2012 to $600 today.
In some cases, the price drops are even greater.
A new LG G6, for example, costs $599, up by $50.
That’s down from $699 in 2016.
However, it still costs $800 more than an iPhone 6s Plus, which launched in March.
Consumers also have more options for cell phones than they used to.
They can pick up a new Galaxy S8 smartphone at a discount, for instance, and they can upgrade to a new LG V20 or LG V30 phone at a discounted price.
These phones have also made cell phone costs cheaper than ever before.
The study also found that Americans’ attitudes toward smartphones have changed over the past five years.
For the first time in a decade, more Americans say they use their phones as their primary form of communication, compared with the same time in 2016, according to Technomic.
They’re also more likely to think cell phones are more important than other forms of media, like text messaging and e-books.
“We are starting to see that people are increasingly concerned about whether they’re getting the right level of service,” said Sarah Smith, a technologist at Technomic and co-author of the study.
It’s not just the phone manufacturers that have been helping to drive down cell phone prices.
The National Association of Consumer Advocates, for one, has been advocating for better phone repair standards, and it has launched a new lobbying group to advocate for consumer protection.
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