Trade in Your Old Phone for Cash

trade in your old phoneIf you’re like me, then there’s a good chance that you’re stuck in that cycle of phone upgrades and contracts with your cell provider. While things are changing for the better in some ways, the inflexibility of provider contracts cause consumers to spend more money than necessary. As frequently as technology advances, consistently upgrading your phone and paying the bill for one contract after another can be a headache. So, it’s worth looking into alternate methods of phone-purchasing. Instead of buying directly from your service provider, you can actually trade in your old phone for cash. Then, you can buy a used phone of a newer model, which in all likelihood is going to be much cheaper than buying new. There are few reasons not to, if finances are any concern, because a used phone should function identically to one that’s fresh out of the box.

Once you decide that you’re going to trade in your phone instead of throwing it away, what do you have to do next? The first thing, obviously, is to find a place to sell it. There are plenty of places on the internet to trade in your old phone, but I like a company called Good Cellas.

As soon as you know where you’re selling, make sure you carefully go over the site’s rules for trade ins. To start, the phone you’re trading in still has to be functioning and under your legal ownership. Otherwise, there’s a bit of a process to go through as you and the seller verify the specifics of the trade. Again, specifics here vary, but the newer models in better condition will likely sell more than other phones.

It can be daunting at first, to be sure, but it can certainly be worth it. You can potentially save yourself hundreds of dollars on a trade, especially if you buy a used phone instead of buying another new one.

Here’s a little video I found with some iPhone specific tips: