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LOUISVILLE, Ky (WDRB) -- The recent announcement of a new series of smart phones that are about to hit the market means consumers who want the latest technology may be looking to sell their used equipment.
But as WDRB found out, whether you're trying to unload your old smart phone or looking to buy a used one, you should do your research before jumping at what appears to be a great deal.
Experts say when new phones are released, it opens doors for scammers which is why you should read the fine print before buying.
Reanna Smith-Hamblin, the VP of Communications at Louisville's Better Business Bureau says the saying is true. If it seems too good to be true, it probably is.
"Anything that says free iPhone, ignore it or delete it," she told WDRB.
She says the used cell phone market is booming since high-tech phones are being released more and more often.
The market is especially attractive to consumers wanting to save money by buying a used, older version for a lot less money.
But if you're buying online from an auction type site, Smith-Hamblin says it's important to do your homework.
"That is a place where there are a lot of people out there trying to scam others by selling stolen products," she said.
She says a simple search can give you the answers you need.
"Google the company. See what people are saying about the company. Do your research first."
And you don't even have to be shopping for a used phone to run into scams.
They can pop up on sites you use every day.
"All over social media, there's a chance that you could get scammed. Posts will pop up saying win your free iPhone here. Click on it and you'll end up with a virus on your computer," she explained.
If you're selling a used phone, the BBB says share as much information about the device as possible, sometimes even including the serial number.
The more information you're able to give, the more credible you'll seem to potential buyers.