Each season, Apple and other mobile device manufacturers infuse the market with a host of new toys, and if you’re anything like the rest of us, you’re queuing up with money in hand. It’s understandable. We all want the latest and greatest, and no one wants to be stuck with a dinosaur. The obvious problem with this cycle is that we’re not all rich and buying a new phone each season can add up fast.
One way to offset the cost is to sell your old phone or even to trade it in at the new purchase. Selling it yourself may be worth the hassle if the phone still has enough value. Unfortunately, most iPhones and other mobile devices don’t hold their value particularly well with the traditional consumer base. It’s even worse when it comes to trade-ins, which in many cases are nothing more than “disposal” services.
The truth is that these companies don’t actually dispose of your trade-in. They might sell it used, repair it and sell it refurbished, or even break it down and sell it for parts. The money earned here is essentially free money for them. The shame of that is what most consumers fail to realize; rather than line the pockets of big businesses, we can line our own.
After a shop takes your trade-in, they typically pass it on to a company that specializes in mobile phone recycling. The mobile phone recycling service then pays them a fee for the device, and then makes money by selling the mobile phone whole or piecemeal. The opportunity here for the average consumer is to cut out the intermediary and deal directly with the mobile phone recycling company.
By selling your phone to a mobile phone recycling specialist, you’ll have additional money that you can put toward the purchase of that new phone. The money you earned from the recycle will be greater than anything you could have earned in a trade-in, and in most cases, it’s more than you could have earned selling it at auction or on consignment.
Recycling an iPhone or similar device is easy since now that you can do it online. Simply visit the website of a mobile phone recycling specialist. Typically, you can enter the devices model number and the service will return a price quote. Factors like condition and working state play a role too. Then, you’ll just need to print the mailing label and ship them the phone. That’s it.
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