There are , at least, three different ways of turning an old, tired, no longer required mobile phone into money, but instead, many people only leave them in cupboards or throw them away. Apart from the fact that they contain batteries and other elements that are not supposed to be thrown out with the rubbish, this is a great cash earning opportunity lost!
Yes, with numerous handsets the quantities available are not going to make you rich. But a few minutes’ effort could be quickly rewarded with a little extra cash into your pocket. And the reason that this works is that when you first ‘buy’ your cell phone the cost of the cell phone is heavily subsidised by the network provider that you are buying from. If you look at the price of the handset with a contract against the same handset without a contract and unlocked, that is how much the subsidy is worth to you.
So, what methods are open to you to turn an unwanted phone into a little spare cash whilst at the same time preventing another electronic device filling up a landfill website somewhere?
The easiest option is to look at mobile recycling and here, if your handset is worth anything, is where you are likely to make a tidy sum. Some of the best priced handsets could be worth in excess of £100 when recycled through these schemes, so beyond doubt worth the time it takes too type in the make and model into a few cost comparison websites and see who is offering the most. You then merely post off the handset to whoever offers the most and they either send you a cheque back or pay you via a bank transfer. Quick, simple and a good amount back.
After that, if the actual handset is not worth that much when it is recycled you might look at online auction websites such as Ebay. I sold a handset there for about £40 that the recyclers were just able to give me pennies for.
The reason for this was I had all of the accessories and people with the same handset would then have a spare battery, recharger and so it. Getting hold of these accessories was probably worth loads more to them than the value of a cheap mobile. It was an extraordinary bidding war when it broke out with 12 hours to go!
Lastly, I have also sold very old handsets for a few pounds at car boot sales, again possibly to people that want them as spare parts rather then as a usable mobile. Or maybe they were museum collectors…
Whatever you decide to do, never only throw the old phone away. At the very least there will be charities, schools and organisations who can recycle it for you and take advantage of the money.