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14 days is the industry standard for big ticket electronics. It's also your responsibility as a buyer to clarify that upon purchase should you be on the fence about any aspect of your purchase. You're definitely free to attempt to sell it privately to attempt to recoup your losses. Just be sure to follow these directions before it changes hands.
When my Android (insert word here) the bed, I went into an Apple Store and bought a 6S. Found out I could not get used to the 4.7 inch screen but still loved the iPhone. Before the 14 days was up, I exchanged it for a 6S Plus and paid the difference. This was listed as "Buyer's Remorse" on the return form.
7 months later, I returned to the same Apple Store and bought an 8 Plus.
So for the OP, his "rant" definitely has no basis in reality.
Question: Why can’t you return an iPhone after 14 days if you don’t like it?