Mar 19 • 12:02 UTC 🇦🇷 Argentina La Nacion (ES)

Cheap mobile phones: how to buy them starting at $700,000 through an auction

The Banco Ciudad and PAMI are holding an auction for used cell phones starting at $700,000, beginning March 27.

Banco Ciudad, in collaboration with the National Institute of Social Services for Retirees and Pensioners (PAMI), is set to auction lots of used mobile phones beginning on March 27. The auction, numbered 3825, will take place from 11 AM to 12:50 PM at Avenida Cabildo 3061 in Capital Federal. Interested buyers will have the opportunity to bid on these phones, which start at a base price of $700,000, a considerable amount that reflects the current market for second-hand devices in Argentina.

This auction will feature specific conditions for participation, including the necessity for bidders to accept the phones in their current state, which means any technical issues or damage must be accepted by the buyer without recourse to claims against the bank. The IMEI numbers and unlocking codes for the phones will be provided upon pickup, ensuring that buyers can use the devices on various mobile networks. This transparency in the auction process aims to foster trust among potential bidders while also helping to regulate the resale market for mobile devices in Argentina.

The implications of this initiative extend beyond just selling mobile phones; it helps to promote sustainable practices by encouraging the reuse of technology that might otherwise be discarded. Additionally, by engaging a government entity in the auction process, there is an effort to provide affordable technology options to those in need, particularly seniors and pensioners who rely on PAMI's services. This initiative is part of a broader trend towards providing access to technology in a society where such resources can be scarce for certain demographics.

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