Cash for your mobile

Okay, a question to start with is how many of us have a drawer that looks like a mobile phone graveyard? No, seriously, think about this for a minute. What do we do with our old mobile phones once they stop working or, more commonly, become out of fashion? Yep, 90% of us throw them into a drawer and forget about them. Do you realise how much money you have gathering dust in that drawer?

It has been estimated that on average we throw away over £300 per year in old and broken mobile phones, that’s a hefty chunk of equity just to throw in the bin. What many of us don’t realise is that there are many companies waiting to buy our mobile phones from us, whether they are working or not.  So that small fortune that’s gathering dust in your drawer could go towards a holiday or some other treat so perhaps you should be thinking, I can get cash for my mobile.

To get cash for your old mobile is simple, go onto any of the websites and just put in your model and if it is working or not. You will then instantly get a quote for what they feel it is worth. Bear in mind here the old adage; never accept the first offer. There are dozens of websites out there and the prices will vary. However, if one site offers you £20 and another offers you £60 it may be too good to be true. You need to decide here if you are prepared to take the risk in order to make a few more quid.

Once you have decided on an offer, simply press accept and they will send you a pre-paid envelope to send them your phone. Once they have received it, there will be cheque dropping through your door or the money will be paid directly into your bank account, depending on the option you chose on their website. You need to be prepared to wait a while for the whole process to complete, as these websites are extremely busy.

Another way to get cash for you old mobile is to check online or in the local papers for shops that buy old mobiles. There are many high street shops who also buy old mobile phones, but you are sometimes offered way less than they are actually worth. Another way to go is to sell them through a classified ad or on ebay. This gives you the option of putting a reserve price on them and if they do sell, you are satisfied with the value of the sale, although it may prove much simpler to do a regular sale to one of the buying companies.

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