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Tips for Selling a Used Smartphone

November 7, 2017

Much like the "Cash for Gold" places you've seen around, there are places that give "Cash for Tech" in Somerville, NJ, as well. This is because your phone has a real cash value. So, next time you're replacing your phone, instead of simply leaving your old one with the provider or dumping it in a sock drawer, consider the following tips to sell it and make some cash.


Know the Value


Your phone can potentially be worth hundreds of dollars, but if you don't check, you'll never know. Some of the factors that affect the value of your phone are the phone's condition, popularity, and color, but who you sell your phone to can also affect how much you can get for it. Selling to a buyer directly can bring in more cash because they're willing to pay closer to a retail price; however, finding such a buyer can be time-consuming and difficult. If you're willing to take a little less, there are various places dedicated to purchasing smartphones and other electronic devices. Don't be afraid to shop around to find the best price for your phone. Some places will give you more if you're willing to take store credit or do a trade-in. These might be valid options for some.


Find Other Old Phones


How many times have you replaced your phone? Where did you leave your old phones? These are questions worth answering because those old phones can potentially be converted into cash. So, it might be time to check in on that old sock drawer to see if you've got any old phones just lying around. You can also ask other friends and family members if they're willing to part with their old phones. Often, they'll be glad to part with the old phone.


Don't Dump Broken or Cracked Phones


Sometimes, you'll be unable to sell a phone because it's cracked or broken. Do not despair. If you find an EcoATM nearby, you'll be able to sell even cracked and broken phones. This option should be saved for last because you'll want to know if others might take your cracked or broken phone first. The EcoATM option usually will pay out the least, so make sure you know you can't sell the phone anywhere else first.


Check Online


If you're unable to find valid selling options for your phone, don't be afraid to do a little searching online. There are many online retailers who may be willing to buy your phone. It does take a little legwork on your part, but if you can't find good options near you, this might be the best way to go.


Don't Give up Your Phone


Last, but not least, it's worth noting that making a little money is better than making no money at all. Therefore, make sure you keep all your phones when you upgrade them. Don't let the provider trick you into giving up your valuable asset! And, definitely don't throw your old phones away. Even if you only make a few dollars for your phone, it's better than nothing.


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