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Attention state-of-the-art smartphone addicts: if you’re looking to get a new iPhone 6 upon its release in Se...
Attention state-of-the-art smartphone addicts: if you’re looking to get a new iPhone 6 upon its release in September, or one of the latest Android models that regularly enter the market, you’ll probably want to get a decent return on your current handset. But where should you sell your used mobile phone in order to get the best deal?
There are a few things to consider when setting your expectations about selling your old smartphone. Obviously, as-new premium smartphones with the original packaging are going to bring in the most money on any site, but a good, recent, functioning handset with minimal wear and tear will still fetch a decent price. Other price-determining factors include the country you live in, current demand for your phone model and, of course, your phone’s original value.
Option 1. Trade in Your Phone
Apple recently cut their maximum trade-in value in the US and Canada down to $225. Previous trade-ins could fetch as much as $275. Apple’s trade-in program means you have to go to an Apple Store, but their recycling program, which lets you mail in your old phone, is another option if you’re looking for store credit. Many carriers also operate buy-back programs that facilitate easy upgrades.
Option 2. Flog Your Phone
This is probably the way to get the most cash for your old handset. There are fewer guarantees and you may have to put in more work, but if you’re up to it, using one of these sites could give you the most buck for your old (or not-so-old) banger.
eBay: Most people know how this international online marketplace works. Get an account and either auction or sell your phone for a set price.
uSell: Phone and electronics-centred marketplace uSell offers an alternative to the eBay model. uSell aggregates bids from professional buyers from which the seller chooses. The seller pays no shipping and gets paid within 5 days of the buyer receiving the phone.
GreenBuyBack: An electronics resale business, Green Buy Back is a good option if your phone needs repairs or is basically unsellable save for scrap parts. It’s a great way to reduce waste, and the seller pays no shipping.
SellMyPhones: This is a price comparison site that compares “America’s most reputable old cell phone buyers” and claims to be the original cell phone-recycling site. SellMyPhones works a bit like a webcrawler just for selling mobile phones.
Gazelle: Perhaps the top “reCommerce” site, Gazelle has a simple system to determine price, sends out a prepaid box for shipping your phone, makes sure all your personal info is wiped from the device, and then sends you a cheque or gift card for PayPal or Amazon.
Swappa: With US, UK, and EU versions, this site is a clear and simple way to buy and sell “gently used mobile phones and tablets.”
Mazumamobile: A popular and well-respected mobile recycling site in the UK and Australia, Mazumamobile offers the simple standard procedure of putting your phone up on the site, registering your sale, and arranging shipping and payment.
Craigslist: A massive established classifieds site with local versions all over the world, Craigslist basically lets you advertise your phone. You and the buyer make all arrangements and there are no guarantees, just like any traditional classified advertising.
EcoATM: Offering something a bit different, EcoATM is a recycling canteen for mobile phones, mp3 players, and tablets. It is the original phone-recycling kiosk, which scans your phone on site, finds a buyer and, if you agree to the sale, dispenses cash on the spot. For now EcoATM is limited to some US states, but hopefully it will spread throughout the world.
Option 3. Donate Your Phone
There are millions around the world who could benefit from a phone and don’t need the latest in smartphone technology. Check out sites like Hope Phones and HopeLine if you’re not pressed for cash and want to make a difference.
Got any other ideas for old smartphones and mobiles? Let us know in the comments section!