How To Sell Your Mobile Phone Online Safely
Several platforms allow people to trade their old phones online for cash. Some operate as marketplaces where people auction their old phones.
Others are like retail shops that buy from the owner and sell it to customers. Such traders obtain a margin on the sale price.
The selling process
To sell to online retailers, you need to subscribe to their service. Then fill in personal details such as name and PayPal account.
You will then describe the type of phone model and its condition.
The retailer will quote a price, and if you are satisfied, you can pack it into a box and send it to them. They will send payment if they like it.
The payment depends on the terms and conditions of the retailer though most pay immediately they receive it.
They may also send it back if they feel that it will not fetch a reasonable price on the market.
Some retailers may offer you a consolation prize and give it to phone recyclers.
To avoid losses, always make sure you sign a binding contract with the buyer. This will give you legal recourse if the buyer refuses to pay.
Compare prices
If you want to sell your Samsung online and expect to fetch a reasonable price, make use of comparison sites.
These are websites that aggregate offers from different phone retailers and recyclers.
One place where you can sell your phone online is Sell My Mobile.com.
They are one of the most reputable comparison sites for old smartphones in the UK.
The platform enables sellers to compare prices from different recyclers and choose the best deal.
For instance, if you want to sell your Samsung Galaxy S9 Plus, enter it on the search bar and get quotes from different buyers.
Choose the price and payment method that suits you. The buyer will then contact you to inquire about its conditions and ask you to post it at the agreed price.
Old phones are assets
When you are short of cash, old phones do not seem to be a likely source of money because they are not trendy anymore.
However, a popular phone such as the Samsung Galaxy S9 Plus can go for as much as £190. If you have three such gadgets in your home, you stand to make over £500 by selling them.
Even though you can trade just about any new generation Smartphone, some brands sell faster than others.
The most popular Smartphones are iPhones, Samsung Galaxy S9 Plus, LG, Huawei, and HTC.
These are the phones that will fetch you upwards of £100 on the market.
Broken or damaged phones
You can also sell your damaged phones. Most buyers require you to indicate the condition when filling the trading form.
The provisions include dents and scratches and cracked screens. Fill in the correct fault, and the buyer will quote a suitable price for you.
Such buyers may repair it or extract components from it.
Recycle your phone
Sometimes your phone may be too old or broken to command a good price in the second-hand phone market.
Do not despair because you can still sell it to phone recyclers. These are firms that buy old phones and other forms of electronic waste for recycling.
Why recycle your phone?
Even if you feel that the price offered for old phones is too low, it makes sense to sell to recyclers.
Recyclers repair the phones to prolong their life and reduce wastage.
They also extract valuable minerals from damaged phones to minimize the need for mining.
By trading your dusty old phone, you are contributing towards the sustainable use of natural resources from around the world.
Category: Family Finances
