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Getting rid of your old phone? Selling it on could net you some extra cash. Even older smartphones can be worth a few quid, so it’s worth finding out how much you can get for your old handset.
Here’s our list of top phone recycling companies – they’ll buy your old handsets leaving you with some extra cash when you upgrade to the latest model.
Why should I sell my old phone?
Simply put – if you’re not using your old phone anymore, you might as well sell it on. Old smartphones can fetch hundreds of pounds depending on the make and model – that’s money in your pocket instead of your phone sitting in a drawer.
Most phone recycling companies will refurbish your old handset and sell them on – that means someone in need of a replacement will be able to get their hands on a smartphone without stumping up for a new contract. And you’ll be quids in, too.
How do I sell my phone?
These days it couldn’t be easier to trade in your old phone. We’ve found several top phone recycling companies who offer a decent return on most modern smartphones – you just need to compare the prices, find the best and then cash in your old phone.
Just make sure you do the following:
- Compare: Visit some of our recommended phone recycling companies and input your phone’s make and model. Make a note of how much each company offers for your device and choose the best.
- Send it off: Once you’ve chosen the best offer, you’ll just have to post your device to them. Once you go through the process, they usually supply you with a mailing label to cover the return of your device. Just follow their instructions.
- Get Paid: After receiving your device, the phone recycling company will give it the once over, checking that it’s the condition you claim. If everything is fine, they’ll send you the amount you agreed upon.
It really is as simple as that – find the best price, send it off and get paid.
How much is my phone worth?
The value of your old phone can vary immensely depending on a number of factors.
- Make and Model
- How old the device is
- The internal storage capacity
- The condition it’s in
- Whether it’s locked to a network
The phones which sell for the most cash are usually recent high-end models which are unlocked and in excellent condition. Handsets which are brand new and still in their original packaging are the most valuable.
The easiest way to find out how much your phone is worth is to take a look at some of our phone recycling companies. Entering the make and model of your phone (as well as listing the condition, etc) will give you an accurate quote to find out how much money you can get for your phone.
My phone is broken – can I still sell it?
Yes – you can still sell a broken phone to phone recycling companies.
You won’t get as much as a phone in good condition, but phone recycling companies will still buy old, broken phones to use for parts when refurbishing other handsets.
Any phones with large dents and scratches, cracked screens, or buttons that don’t work will be treated as broken – so expect quite a large price drop if your smartphone isn’t in good condition. Every phone recycling company has a different criteria for what they will and won’t accept – check with them before you send off your device to make sure your phone is eligible.
What will happen to my phone?
Most UK phone recycling companies will re-use the devices they purchase. That means that they’ll likely be sold on straight away if they’re in good enough condition, or refurbished and sold on if they need a bit of work.
Most handsets will be wiped of data, tested, refurbished and then sold on. Some handsets may stay in the UK market while others are sold overseas – older phone models tend to end up being sold in developing countries where the latest features aren’t so important.
If your phone isn’t in good enough condition to be sold on or refurbished, it’s likely it will end up being scrapped for parts. Some of its parts will be used to refurbish other phones which are then sold on, while recyclable elements such as nickel, gold, and platinum will be melted down.