How to Get the Most Money From Your Old Cell Phones

​​Found yourself in need of some fast cash? You may not realize how much you already have sitting around at home in the form of your old electronics!

If you’ve already explored other ways to get the fast cash you need, like fast cash loans, trying to get some mileage out of your old cell phones can be a great way to make a quick buck.

Declutter, put some money in your pocket and justify your phone upgrade all at the same time when you make the most out of your old phone.

Sell directly on Craigslist or eBay for the maximum dollar value

Selling your phone directly to a buyer is the way you’re likely going to be able to get the absolute most cash return for your goods.

However, it can be a big time investment to sell on eBay, Craigslist or Amazon, as you have to set up the sale, figure out a fair price and deal with potentially flaky customers all on your own. If you do decide to go this route, including any packaging and phone accessories that you have will help raise your price.

DIY is also the best way to go if you’ve got a phone that’s a few models old or a bit worn. You probably won’t be getting like-new prices for a scratched-up iPhone 5, but you might be able to get a few bucks.

Handling the sale yourself is the best way to go if you’ve got more time than money on your hands, and you really need to get the absolute top value for your goods. With a little bit of hustle, you might be surprised at how much you can get for your old cell!

Try a big chain like Apple, GameStop or BestBuy for a good, dependable return

For a fast, reliable payout, a big chain store is a solid bet. You’re likely to get a decent payout, likely more than you will through an online cell phone buyer.

This option does have two major drawbacks: you might only be receiving a gift card in return, which majorly limits what you can use that much-needed money on. Additionally, it might take a week or more for you to get your funds, which could be another inconvenience.

Specialty online shops will get you money fastest

With the cell phone industry booming, there are a lot of resellers around nowadays, and online shops eager to take your phone are a dime a dozen. You can use SellCell to compare prices from a bunch of buyers at once, or try out the biggest competitors, Gazelle and OCBuyBack, to see how they fare.

These options will typically be the easiest and fastest way to get some cash for your phone, with money arriving in a few business days as a check or by PayPal. But you’re probably not going to be seeing as much cash as you would if you did the legwork yourself.

In the end, the tradeoff of time vs money is up to you and your goals for the bonus cash. If it’s going right towards a PS5, maybe GameStop is the way to go — but if it’s going towards a utility bill due next week, SellCell might be the best option.

Either way, making a profit off things you had lying around is a great way to start thinking about old clutter. If you find yourself motivated (or maybe you didn’t get quite enough money as you needed), look for more ways to make money off of unused clothes and gadgets or consider a quick online loan for no-hassle funds as soon as possible.

Source: iQuanti, Inc.

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Tags: Fast Cash, Fast Cash Loans, Loans, Personal Finance