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This is a repeat of the iPad 3 scenario. iPad 3 lost value pretty rapidly comparatively speaking; I expect iPhone 5 will do the same.
 
One reason to buy a case.
I'm not looking to upgrade, but I would take a new 5c over somebody's second hand 5. But I really don't like to buy anything second hand. Especially phones. People take them in the toilet and all sorts. I don't want that on my face!
 
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