You’ve got a new smartphone that you recently bought. However, you realize that perhaps you were too quick to make a decision and needed a different one.
The next thought is to sell my mobile phone for maximum cash to support you for buying your new companion.
Did you know that over 1.5 Billion phones got sold last year and that does not include the number of the used phone buying markets? With phones costing upwards of $1000, a significant chunk of the buyers prefer to opt for second-hand devices from resellers on Amazon, eBay, and Swappa. This quick piece is intended to tell you about where to sell it, the price that you can expect, and other factors that contribute to fetching a reasonable price.
Wondering Where to Sell My Smartphone?
There are there major options that you could explore.
- Online Marketplaces
- Trade it in For Credit
- Sell it to a company
Though the B2C online marketplaces have a reputation for getting the best price, however, that comes with some homework and patience. One will have to upload real, neat, and authentic photos, create an enticing listing, get into negotiations, sort through different options, and also take care of the postage or meeting someone in person.
End customers at such marketplaces seem to be willing to offer a bit higher than the market price to avoid the waiting time. Always factor in to include your packaging and shipping costs.
Some websites allow listing, auctioning and bidding of your phone. Of course, it will enable you to also set a fixed price. Some marketplaces also include protection features to safeguard the interest of both buyer and seller. The IMEI or ESN are checked for a blacklist before the sale takes off. There are backend teams of mobile experts to ensure that the device is sync with what is being claimed.
Trade it in For Credit:
It is arelatively simple and easy process that needs you to answer a couple of quick questions to get a free quote. Biggies like Amazon also offer a free prepaid shipping sticker that allows you to ship your phone for free. Some of the websites have their stores too where you can walk-in with your device, get it valued, and if it suits, you can instantly close the deal with cash.
Most trade-in deals either give credit to be spent at their platform, or they’ll offer respective discounts for a new device. One must remember that the suggested price is only honoured after the physical inspection of the phone syncs with the details that you mentioned on the form. Just for an example – don’t say a scratched phone as flawless to avoid any last-minute surprises and anxiety.
Sell It to a Company:
There are several companies into buying and selling of used smartphone offering quick and easy deals. Similar to the trade-in services, one needs to key in some specific details to get an offer price. This price is fairly competitive and locked in for a fixed period – ranges from 15 to 30 days. One needs to check for the postage because some companies offer pre-paid or reimburse it later while there are others who do not absorb the postal costs.
How Much is Your Smartphone Worth For?
It is no secret that a phone in a perfect condition with a box and original accessories enjoys a superior price luxury than a scuffed phone with no supporting. Considering that your phone is in good shape with all the necessary requisites, the next step is to dive in for deep research. Only a thorough scanning of the available options will empower you to make an informed decision based on real-time stats and price. In case, if you didn’t know, unlocked phones sell at a higher price than their locked versions.
When you conclude your research, you’ll also realise that B2C deals fetch you more than a B2B. When you’ve made up your mind to sell my mobile, a word of caution is to ensure wiping and resetting it to the initial factory settings.
Since your phone is relatively new, you should think of acting fast to get a quick overview of the market to help you secure that golden deal – made just for you.