Announced in September 2021, the iPad mini is among the oldest iPads in Apple's lineup and it is about midway through its product cycle. Apple does not seem to update the iPad mini regularly, leaving up to two and a half years between upgrades. A new model is expected in early 2024, so while this version is 18 months old, we aren't expecting a refresh in the near future and it is still an okay time to buy. That said, those who prefer to purchase newer devices may want to exercise caution before buying the iPad mini.
As long as you can wait a few months to pick up an Apple product, there's virtually no downside to purchasing a refurbished model. The quality is superb and the price savings can be worth the wait. This guide covers all the ins and outs of refurbished products, from release timelines and prospective price savings to warranty information and stock information.
Macrumors Buying Guide