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Three tips for making money from your old mobile phone


IF you’ve recently upgraded your phone, don’t just stash your old model in a drawer.

Instead sell it on to make a decent chunk of cash.

Disassembled smartphone being recycled.
Getty

We have three tips for making money on your old mobile phone[/caption]

Here’s how to make the most from your old gadget.

VALUE IT: The sooner you sell your phone, the better as the model will only become more outdated with time and less valuable.

The amount you can expect to fetch from your phone will be based on its make, model and condition.

Keeping a screen protector and case on your phone when you are using it can help keep it in good condition for selling.

But even if your phone is broken, you can still make some money from it.

GET THE BEST PRICE: There are dozens of online mobile phone buying companies that will give you cash for your model.

However, rather than getting a quote from each you can use a comparison site to see which will give you the most.

It’s also worth trying a couple of different comparison sites as each works with different companies.

Try sellmymobile.com or comparemymobile.com.

If you find a price you are happy with, selling the phone through one of these firms is relatively easy.


Or once you have a rough value, you could get a slightly higher price by trying to sell it yourself through a secondhand selling site such as eBay.

If you sell through Facebook marketplace you won’t even have to worry about sending through the post as buyers will come and collect.

Just bear in mind, this method can take longer.

BEFORE PARTING WAYS: Your Sim card holds personal data so it’s important to remove it from your phone before sending it off.

Sign out of Apple or Google accounts on the phone.

And you should also wipe data from the phone by doing a factory reset, which will take the handset back to the condition when you first bought it

Woman filming an unboxing video of a smartphone.
Getty

Don’t forget to wipe your old phone before selling it[/caption]

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