<i>On average, the discount you can expect is 15% from the Apple store. So expect to see the refurb price for a refurbished 14-inch starting from $1,699 and the 16-inch from $2,125.</i><p>I'm a refurb-first shopper/buyer and something I've noticed about Apple's refurbs is that they often maintain their from-new discount as if products released later (sometimes with lower price tags than the returb) don't exist.<p>Reviewing the store today, it looks like they are doing a somewhat better job of price models for refurbs but maintain a silly discount for things. Example: refurb XS at $550, "save $340." Claiming $340 is fictitious--a new 11 is $500. Maybe XS to 11 is not an apple-orange comparison but the price competitiveness of a new older model phone speaks to refurbs as not always being bargains.