How to get the best price for your old mobile phone

Piles-of-old-phones

Well it’s that time of the year again where we all eagerly anticipate the wait of the latest Apple iPhone. Of course, for those with an old model iPhone there’s also a sense of unease and panic at how much it could lose in value ahead of September’s hotly anticipated launch.

The truth is, yes your iPhone will depreciate in value when the iPhone 5 comes out, and you have probably seen a few articles encouraging you to sell now if you don’t want to lose out.

There are a couple of places that will help you get the most back for your iPhone, and we have listed them below:

eBay

An old favourite which has proven itself as a go-to destination for those eager to sell both old and new items.

Pros:

  • The chance to get more back for your iPhone through the bidding system.
  • Seller protection through eBay and PayPal.
  • Quick payments are possible.

Cons:

  • Final value, insertion and other associated fees
  • Takes up time to create an advert
  • Some accounts are not as they appear (fraud)

 

SellMyMobile.com

A recycling comparison website that has been around for a good few and has been featured on the BBC, in the Telegraph and other reputable media publications.

Pros:

  • No fees, the price you see is the price you get.
  • No need to create any adverts, you just need to search for your phone.
  • Competitive prices: By comparing rather than going direct you can make a lot more back.
  • They feature some big recycling companies

Cons:

  • Payment can take some time with certain recyclers.
  • The public will not have heard of some of the recyclers.

 

Amazon

A trusted and reliable marketplace which allows users to sell new, used, collectable and refurbished items alongside Amazon’s new products.

Pros:

  • The marketplace has a massive reach, with over 164 million customers.
  • No upfront fees

Cons:

  • The fees that come with a sale are not cheap.
  • They will always side for the consumer when a seller dispute arises.
  • It takes time to get your advert live on the site, and can take even longer for it to sell.

This article was written by Craig Timmins who currently works for SellMyMobile.com, the mobile phone recycling price comparison website.

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