Please ELI5 the Iphone used marketplace

[cellulartalk]

Please- can some ELI5 (explain like I'm 5) the secondary marketplace on Craigslist or Ebay for the most recent Iphones (and Samsungs). First, I am a middle aged guy who has an Iphone for work and my kids laugh at me. However over labor day weekend I was having beers with a few guys including one...

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