iPhone 12: price, release date and technical sheet

Updated on 1 August 2023

As the iPhone price comparison above suggests, buying your refurbished iPhone 12 saves you £289. On an iPhone 12 Pro, you save up to £341 by buying it refurbished. And rest assured, "refurbished" means "refurbished", which implies that the used iPhones for sale have undergone a series of tests and repairs (refurbishment) before being advertised. Moreover, some the cheap iPhone deals that you will find on Back Market have never really been used by an individual - Back Market also offers devices that are out of stock or that have been used during exhibitions in forums or conferences. But that's not all, our products are also sold with a minimum 12 month warranty and a 30-day withdrawal period. Doesn't that reassure you that you will not only get the cheapest iPhone to buy outright, but also a safety net to go with it! So there’s no need to wait for iPhone 12 deals on Black Friday, since our prices are low all year round! These deals are, of course, not limited only to the iPhone 12 but you can also find a great iPhone 13 price or any other phone model on Back Market.

What is the price of the iPhone 12?


New Price *

Refurbished Price (US**)


iPhone 12 64 GB


From $515


iPhone 12 128 GB


From $575


Phone 12 256 GB


From $630


Phone 12 Pro 128 GB


From $650


iPhone 12 Pro 256 GB


From $695


Phone 12 Pro 512 GB


From $800


iPhone 12 Pro Max 128 GB


From $750


iPhone 12 Pro Max 256 GB


From $785


iPhone 12 Pro Max 512 GB


From $980


iPhone 12 mini 64 GB


From $420


iPhone 12 mini 128 GB


From $480


iPhone 12 mini 256 GB


From $530


*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 converted from the US prices 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 $1,349 when it was released in October 2020. The iPhone 12 mini was the lowest cost model option at the time with prices starting at $1,199. You could also find the iPhone 12 Pro and iPhone 12 Pro Max on Apple's website starting at $1,699 and $1,849 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 ~$500 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:


Written by Haziq

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