Here's How to Sell Your Phone (or almost any other gadget)

Category: Gadgets

Mobile phones and other electronic gadgets become obsolete almost as fast as the news these days. If you like to stay on the bleeding edge, you'll upgrade your tech gadgets at every opportunity. But what's the best way to get cash for your used phone or other electronics, without getting scammed? And is it a good idea to buy a used phone? Here are several ways you can sell (or buy) a used mobile phone, tablet, laptop, video game, or other gear..

Buying and Selling Your Used Electronics

Are looking to sell your smartphone or tablet? Some carriers take used or older models as trade-ins, but they typically pay you with bill credits, not cash, and they don't give you much of a discount if they do. Fortunately, there are several ways to turn your old phone into cold cash. If you have an unwanted tablet, Kindle, laptop, game console, or digital camera, you can sell those too. Read on for some options to find out how much your items are worth, and sell them to the highest bidder. If you're in the market for an almost-new phone, you'll find options for that as well.

Gazelle is one such option. Answer a few simple questions about your phone and get an offer for it. Mail your phone to Gazelle using their postage-paid label delivered to you electronically. When it passes Gazelle’s inspection, you receive money via check, Amazon gift card, or Paypal. Note that Paypal will take a cut of the money sent to you.

Gazelle takes tablets as well as phones of all operating systems. It also accepts iPads, iPods, and Apple TV devices. It does not accept desktop or laptop computers. I sold a used Motorola phone via Gazelle, and got a check in the mail 10 days later, for the agreed amount. You can buy used electronics from Gazelle, too. The company resells and re-buys a gadget until it cannot be sold anymore, then sends it off to a recycling center to be torn apart for its useable components. Gazelle is into both kinds of green: Money and Mother Earth.

Sell Your Electronics for Cash

Swappa is a user-to-user marketplace for "gently used technology." Their motto is "No Junk, No Jerks" and they try to set themselves apart from other used electronics marketplaces by ensuring that there are no broken items, and by letting you buy and sell directly with other users. Sellers don't pay fees to Swappa. Buyers sometimes pay a small fee that is included in the sale price. All transactions are handled via Paypal, which offers protections for both buyers and sellers.

I've bought three used Samsung Galaxy phones from Swappa sellers, and they've all arrived quickly and in excellent condition. Swappa is not limited to phones -- they also deal in laptops, watches, tablets, video games, cameras, voice assistants, thermostats, speakers, robo-vacuums, security cameras, and streaming devices.

Usell's motto is "The Most Money For The Least Effort" and deals in used phones, especially iPhones and Samsung models, and also deals in iPads, Macbooks, Apple Computers, Apple Watch, iPods, Tablets, Game Consoles, Cameras, and "Other Tech." That latter category includes Calculators, Camcorders, Computer Peripherals, Drones, GPS devices, Headphones, MP3 Players, Smart Home gadgets, Speakers, Vacuum cleaners, and Video Games.

I say “deals in” because Usell doesn’t buy anything; they act as a broker between device owners and a network of resellers. Usell takes information about your device; puts it out to resellers on its private network; and gets back to you with a list of offers, if there are any. If you accept an offer, you ship your phone to the reseller-buyer. Usell says you'll get paid within 15 days. They do have a rating system for the buyers, so be sure to choose one that has at least four stars and lots of positive reviews.

NextWorth is a similar service that buys used electronics for cash. They will purchase Apple smartphones, tablets, and smart watches. A few things that differentiate NextWorth (aside from the Apple-only focus) are their 30-day price lock on quoted offers, and the option to get paid via Paypal. They will also accept items for recycling that have no value, like really old cell phones.

With services like Gazelle, Swappa, Usell, and NextWorth, it's important to be honest and realistic about the condition of your device. If you say it's "like new" and send them a scratched-up phone with no accessories, you're likely to be unhappy with the payment you receive. I suspect that a large portion of the unhappy customers of these services are those with unrealistic opinions about the condition of their gear.

Which Way Is Best?

By way of comparison, I got quotes from two of these services on a Verizon Samsung Galaxy S9 smartphone (64GB), in good but used condition. Gazelle offered $140, and Usell $151. An iPhone X (64GB) with a few scratches garnered an offer of $210 on NextWorth, $230 on Gazelle, and $355 on uSell. For some reason, the mobile carrier to which your phone is assigned makes a big difference. In my testing, Sprint phones were usually quoted at about 80% of the offers for the same phone on AT&T or Verizon. In a few cases, T-Mobile phones got significatly higher offers. Usell was the only one of these three that offered to buy a wide range of electronics.

Of course, you can always sell the device directly yourself. Craigslist is free; just post an ad in your local market, watch the offers flow in, pick a buyer and – go meet a stranger in a strange place with a few hundred bucks worth of gear in your hand? Yeah, you have to be careful. Stick to public places to make exchanges. I'd go with the police station parking lot, or someplace where there are obvious video cameras rolling. NEVER give a stranger your home address! Some people bring a large friend or two along. Under no circumstances should you deal in anything other than cash handed over in person; counterfeit check and money order scams abound on Craigslist. But thousands of phones and other electronic devices change hands safely via Craigslist every day.

If you don’t know what your used device is worth, eBay can help you find out even before you put an item up for auction. Among the many search parameters found on eBay, “sold items” is probably the most valuable. It will show you the true market value of items like yours that actually sold. With a good feel for what’s realistic, you can set your starting price low but not too low, high but not too high.

Cracked or scratched display? A chipped case corner? A phone that does not work at all? Not a problem; list it anyway and take what you can get. A lot of people buy damaged and non-working electronics for parts, or something.

Just don't be like the Australian woman who posted an online ad looking to buy two iPhones. She got a response, and met in a McDonald's restaurant with a seller offering "two Apples." She paid $1200, took the iPhone boxes home, and only later discovered they contained actual apples, instead of iPhones. Yes, it's a true story!

And then there's the sad story of Kelly Filkins, a 26-year-old woman who got slammed by Judge Judy for taking $476 dollars for a pair phones advertised on eBay, and mailing the buyer just a PICTURE of the phones. Watch this classic Judge Judy episode from 2007 for the greatest barbecuing of a dumb crook in the history of television. Sadly, Ms. Filkins was jailed on fraud charges, lost custody of her kids, and died a few years ago.

Have you sold a used phone? Tell me about your experience by posting a comment below...

sell used phone, Gazelle, Usell.com, NextWorth, selling used electronics

 
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Most recent comments on "Here's How to Sell Your Phone (or almost any other gadget)"

Posted by:

Mike
19 Nov 2020

Bob, as far as I can tell, Gazelle only buys Samsung, Apple and Google products. Did you sell your used Motorola phone recently? I can't find the option to sell any other brands than those I mentioned above.


Posted by:

Clay
20 Nov 2020

When Gazelle wasn't interested in my LG G5, I took it to the EcoATM at my local Walmart which accepted and dispensed $6 in cash after the robot thoroughly examined it.


Posted by:

Bruce Fraser
20 Nov 2020

Bob, you didn't mention Kijiji. It's similar to Craigslist, meant primarily for in-person transactions.
Here in Canada, Kijiji is huge, much larger (selection, number of buyers and sellers) than Craigslist.


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