Making Money from Your Unwanted Mobile Phone

If you have a new iPhone and have one or more smartphones languishing unused around the house, you could be able to make some extra cash from the devices. You can sell the devices to make extra cash. Even if your smartphone is outdated or damaged, you may be able to make some money from it – and that’s better than letting an old phone gather dust in your sock drawer. There are a few steps to take before you get the cash:

1) Get your phone ready for sale. It is vital to clean out any data on your phone before you sell it. You don’t want someone making a fortune from your device by selling the private information on it to identity thieves. Remove all SD cards and MicroSD cards from your phone, manually erase all data and then run a factory reset on your phone to ensure that no one can access your personal information from the device.

2) Consider selling your device on Craigslist or eBay. The advantage of this is that you get to set the price. The disadvantage is that it can be hard to find a seller and it can take some time to sell your device.

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3) Use a website that specializes in selling iPhones, smartphones, or other devices. Sites such as Glyde, Gazelle, and Usell allow you to look up an estimated selling price for your device and then have simple instructions for getting your device to a buyer. The advantage here is that you may be able to get cash for your mobile phone even if it is cracked or broken, since some buyers are looking mainly for parts. In most cases, getting rid of your phone is as simple as filling out an online form and then popping the device into an envelope.

4) Find a device kiosk. ecoATMs are popping up in malls across the country. These reverse vending machines allow you to plug in your mobile phone or cell phone to get a cash offer. Once you plug in your device at the kiosk, the ecoATM will show you how much you can get for your device. You can then choose to accept or reject the offer.

With more customers buying and cycling through mobile phones and devices, these tech products are increasingly a recycling concern. They are filling up landfills and some states are looking to implement mandatory recycling of mobile devices to deal with the environmental fall-out. One of the best motivators when it comes to getting rid of your old phones, though, is that you can get some cash for it. Selling your mobile phone is better for the environment than throwing it out, and it allows you to benefit.

Sam Jones, the author, has been looking into refurbished mobile phones to see if  he can get a better contract deal.

Photo source: http://www.flickr.com/photos/68751915@N05/6848823919/

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