iPhone 12 from Back Market

How much does the iPhone 12 cost? Full Price Guide

Published May 25, 2023 - Pricing for the iPhone 12 varies depending on the condition and where you choose to buy from. Here's a complete breakdown of what you can expect to pay for the iPhone 12.

What is the price of the iPhone 12?

Now that the iPhone 12 is two generations old, you might not be able to find many retailers selling new versions. The prices shown below are based on the most recent prices for a new iPhone 12 advertised by popular retailers. In comparison, you’ll find much lower iPhone 12 offers from refurbished sellers listed on Back Market.


New Price


Refurbished Price




iPhone 12 64 GB


From $340


iPhone 12 128 GB


From $380


Phone 12 256 GB


From $420


Phone 12 Pro 128 GB


From $430


iPhone 12 Pro 256 GB


From $460


Phone 12 Pro 512 GB


From $530


iPhone 12 Pro Max 128 GB


From $500


iPhone 12 Pro Max 256 GB


From $520


iPhone 12 Pro Max 512 GB


From $650


iPhone 12 mini 64 GB


From $280


iPhone 12 mini 128 GB


From $320


iPhone 12 mini 256 GB


From $350


*Not all these new prices can be found today - this list is based off of the last seen and lowest price for a new iPhone 12

**Prices found on Back Market as of June 2023 - subject to change

If you can still find a retailer that sells new iPhone 12 devices, you might want to reconsider buying refurbished instead. In fact, Back Market can save you between $300-800 off the price of a new iPhone 12 and you’ll still be receiving a phone that performs like-new. That’s because a certified refurbished iPhone 12 has been properly repaired, cleaned and tested so it performs the same as it did when it was first opened from the manufacturer’s box.

How much did the iPhone 12 cost when it was released?

Apple's original retail price for the iPhone 12 started at $799 when it was released in October 2020. The iPhone 12 mini was the lowest cost model option at the time with prices starting at $699. You could also find the iPhone 12 Pro and iPhone 12 Pro Max on Apple's website starting at $999 and $1,099 respectively when they were first released. Of course, all of these models have since dropped in price over the years and you can find them cheaper, but your best and safest option to get a great deal without sacrificing performance is to buy refurbished.

Where can you find iPhone 12 deals?

As the iPhone pricing guide above suggests, purchasing a refurbished iPhone 12 from Back Market can save you ~$300 making it one of the best retail options on the market. You can find even better iPhone 12 deals when you shop for the more advanced models like the iPhone 12 Pro and Pro Max. Back Market also offers devices that are out of stock or that have been used during exhibitions in forums or conferences, so you won't have a shortage of great options to choose from. 

And just so you can shop iPhone 12 discounts confidently, Back Market also offers free standard shipping, a 30-day money-back guarantee, and a 1-year warranty on all your purchases. You can also find these sales all year around because we're constantly working with our sellers to make sure they can offer the best reconditioned products at the best prices.

Are you deciding between another model? Try out our smartphone comparison tool to help you decide or check out a few of these popular comparisons:

Miguel G.

Written by Miguel G.Sr. Tech Copywriter (US)

Miguel is always looking for new ways to provide unique perspective on popular tech and has taken his writing to the refurbished industry to promote sustainability. Outside of creating content, you might find him travelling the globe, coaching a fitness class, or cheering on his favorite sports teams (Go Dolphins!)

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