Have you recently purchased a new phone and are you uncertain what to do with your older model? This is a very common question and many consumers are under the erroneous assumption that an outdated unit is destined to collect dust in their garage. In fact, nothing could be further from the truth. There is a huge market for used smartphones and thanks to the growing presence of the online marketplace, the chances are high that you will find a buyer for whatever model you may own. Let’s take a look at a handful of options before examining the steps to take before you commit to a specific provider.

Online Second-Hand Retailers

It makes sense to mention this option first, as it tends to be the most prevalent. There are several advantages associated with utilising the resources offered by an online resale portal. The most common include:

  • Easy access 24 hours a day and seven days a week.
  • An accurate comparison of the latest prices associated with specific models.
  • Streamlined shipping methods.
  • Immediate access to customer support if required.

Above all, you will receive cash for any phone that is accepted into the programme. Websites such as Sellmymobile.com work together with a number of online partners, so there is always a buyer available. Accessing a larger market is one of the best ways to make certain that you are getting the most for your money. Some consumers may be able to receive up to 500 pounds or more when turning in popular models such as the Apple iPhone or the Samsung Galaxy.

Online Auction Websites

This is another option and many consumers will choose to try their luck on major portals such as Amazon.co.uk. The primary reason behind this strategy is that once an advertisement for a mobile phone is posted, it can literally be viewed by thousands of potential buyers within a very short period of time. The obvious advantage is that a greater number of consumers is associated with the possibility of receiving a better price for the model in question.

However, a word of caution needs to be mentioned here. Not all online auction sites are trustworthy. It is much better to stick with well-known portals. These offer superior levels of protection for both the buyer and the seller; an important benefit in the digital age.

Physical Retailers

Although it is normally not possible to sell a used phone back to the manufacturer, you have the option of visiting a third-party retailer. These electronics hubs tend to sell a wide variety of products and there is always a market for used mobile phones. After they examine the unit in question, they will offer you a price based off of current competitive rates. While this is a great way to enjoy a bit of quick cash, keep in mind that the offers made by these stores might not be as high as those associated with online portals.

The Growing iPhone Market

As newer devices such as the iPhone X are proving to be expensive for those who are on a limited budget, the market for second-hand smartphones is increasing dramatically (1). This trend is only expected to continue, as even older models such as the iPhone 7 boast a number of technological amenities that will appeal to the general public. The bottom line is that you have a number of methods at your disposal if you are looking to rid yourself of an older phone. Appreciating the benefits of each will enable you to make an informed decision.

 

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