Manufacturer Refurbished Samsung Galaxy S7 Goes For Just $500 On eBay: Limited Quantities Available

The best Android smartphones available on the market right now also command the highest prices.

Sporting a $699 price tag at launch, Samsung's flagship Galaxy S7 surely doesn't come cheap but it does look and act the part for the price.

Thankfully, at least while supplies last, the Android phone to beat just got an unbeatable price of just $499.99 on eBay. The available discounted units, however, are refurbished Samsung Galaxy S7s and are not brand new.

Nonetheless, the super affordable S7 units being sold on eBay are manufacturer refurbished. That means these devices are just as good as new.

"An item that has been professionally restored to working order by a Carrier-approved vendor. This means the product has been inspected, cleaned, and repaired to meet manufacturer specifications and is in excellent condition," notes the product description on eBay. "Device will show slight signs of wear. This item will not be in the original packaging and includes non-OEM accessories."

The exact model being sold right now is the 32 GB variant of the Galaxy S7. The units are unlocked and are backed by a 10-month Samsung warranty. Buying customers who aren't pleased with their refurbished model can return it with eBay's 30 day money back guarantee. Note, however, that the buyer will have to pay for return shipping and a possible 20 percent restocking fee.

As of this writing, eBay shows that nearly 300 people are looking at the item per hour, and that so far, 126 refurbished S7s have already been sold. For those looking for a great deal on one of the best phones of 2016, now is the time to get in on this. Again, this offer is only available while supplies last.

For those who are looking to make a profit on this deal by buying more than one Galaxy S7, eBay is also offering an extra $5 savings when three or more units are bought at checkout.

Considering this may be an extremely rare offering from anywhere on the Internet (except maybe during special deals later in the year on Black Friday and Cyber Monday in November), it may prove to be a worthwhile entrepreneurial venture to buy more than just Samsung Galaxy S7.

Photo: Kārlis Dambrāns | Flickr

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