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    Home»Tech Updates»How Can I Sell My Phone for Cash?
    Tech Updates

    How Can I Sell My Phone for Cash?

    Dan McGawBy Dan McGawOctober 14, 2020Updated:October 5, 2022No Comments5 Mins Read
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    The iPhone 12 is reportedly whole weeks away from being released. That means if you have an older phone, you may be on the market to sell your device and try to get some cash out of it while you can, which can help you get into a newer model phone for less. Selling your used iPhone 11 or older is a great way to get together funds for your upgrade. Every model has a different price tag, and depending on the carrier condition in the storage can change

    The first thing you want to do is evaluate the condition, whether it’s broken or not, what carrier it’s on, what accessories you may have for it, and if it’s still under contract.

    The condition of your device is a lot to do with how much you can get for the resale of your device. If you have your phone in a case, and took very good care of it, you’re very likely to get a very high resale value for your phone. If you did not use a case, and you did not take very good care of it, then the resale value will be significantly lower. 

    Prior to selling your device, make sure you sure that you thoroughly clean it and disinfect it and put in every effort to try to make it look as new as possible. If your iPhone is broken, and you’re not looking for an iPhone repair, have no fear, as there are places that will still purchase your broken phone. 

    Carriers do have a major impact on the value of your device. Some carriers carry a more flexible unlock policy than others, and some will simply unlock it by visiting their website and clicking a few buttons. Many do lock their devices to their network so that it cannot travel to another carrier. A lot of carriers to ensure that bills will be satisfied and that the device will be paid off. The carriers always want to make sure obligations have been met. If the device is under contract, you’ll be hard-pressed to find a reputable buyback company that will give you the whole amount for what the device is worth. If possible, try to pay of any balance due on the phone to make sure that the customer who buys the phone from you has a phone that is usable. Often times, with unpaid payments, a device will be blacklisted, rendering it useless and not able to activate on any carrier. 

    There are so many generations that cause the buyback price of devices to vary quite a bit. Believe it or not, a good condition iPhone 5 or 5S will still carry some value, it’s just depends on what your overall condition of the device. When you sell your device, it is imperative to make sure that you remove any iCloud locks, android locks, and any other PIN locks that you may have. 

    It is always recommended to send in any and all accessories that you may have on hand when it comes to your device. Things like the original box, charging cable, charging block, even the instruction manual, all adds value to your phone, tablet, or MacBook that you are trying to sell. Every little bit counts, the more you have, the more you’ll get back. 

    There are a lot of options out there that you can utilize to get cash for your phone. Marketplaces such as craigslist and Facebook provide very simple platforms where you can sell it to another buyer face-to-face. Bear in mind, that this type of sale has an inherent risk to it, and is not always the safest option to go meet a stranger in exchange for cash/a device. We urge folks to stay away from this option, as it is riskier, and there are horror stories of people being robbed, or even injured, when selling an item like a phone or tablet in public.

    Other online marketplace is like eBay, serve as a platform on which they can list and item for sale. While this is a very convenient option, there are certain things keep in mind bike eBay fees, shipping costs, and at the time required to go out and ship the device to the customer. This all detracts from the value of the sale price of your phone and adds to the extended process of going out to have to sell otherwise.

    Another option to sell your iPhone would be to an online buyback website, which are companies dedicated to buying new, used, and broken smartphones, tablets, and computers. These websites typically don’t charge additional fees, and if you accurately describe the device when you’re going through the checkout process, you’ll get paid quickly and the process will be quick and seamless. 

    Regardless of what option you chose to sell your device, whichever choice you move forward with, you’re bound to get a good payout if you make sure that certain things are completed prior to sending it out. While there’s no guarantee that you’ll receive top dollar, you will increase your payout if you make sure the device is clean, wiped, and ready to be sold.

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    Dan McGaw
    Dan McGaw

    Dan McGaw is an award-winning entrepreneur and speaker. He is the founder and CEO of Effin Amazing, marketing technology and analytics agency.

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