Make money selling used cell phones

Advertiser Disclosure. One thing we make money selling used cell phones all agree on: Making extra money is always a good thing. Are you looking for another money-flipping strategy to flip your money today? The concept is really simple, buy low and sell high. I will get more into this later in the article, but my general technique for this one month was buying cell phones from Amazon and reselling them for a profit on Craigslist. Generally, you would find the best deals on Craigslist because you can negotiate down the price and get great deals on cell phones. For this month, I found some great deals on Amazon for used iPhones so I used that source.

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Passive Income — Millionaire Mob — December 31, You can make money flipping phones for a profit. However, you need to have a sound strategy that includes certain product types like iPhones or Androids. Making an extra coin is always welcome to a majority of people due to the ever-rising cost of living. If you are looking for a profitable side hustle, then you can start flipping phones for a profit. I take all of my side hustle income and dump it into an investment portfolio that generates additional income. My dividend investing portfolio. I created a dividend investing book to help you get started investing for financial freedom. Click here to download. In this flipping cell phones guide, you will learn how to start flipping iPhones, Androids, old cell phones and more. With this guide, you will be able to start making money right now. You will find that every person in nearly every family across the globe has a phone.

How to Make Money Buying and Selling Used Cell Phones

Cell phones are also necessary in the business world since collaboration is vital to surviving in business. The use of phones keeps going up since it makes communication in every area of our lives easier. With an increase in demand for phones, it then means phone business is an ever growing industry.

Evaluating Your Phone’s Condition

The used cell phone market is quite large, but still comes up short of new phone sales. In light of this money making venture, I asked Stephen, the owner of the blog CellSolo, to come up with a great post on how you can sell your old cell phones for cash. His blog is a great resource for those looking to learn more about buying and selling used phones, so take some time to check him out if you want to learn more. Unfortunately that web startup never gained enough traction to become profitable and I had to shut it down. The revenues from when the startup was in business never generated enough money to fully pay off that credit card debt leaving me in the red for a few thousand dollars. I had the cash in my personal bank account to pay off the debt; however I was determined to pay it back entirely from making extra money outside of my everyday work salary. This would buy me some time to figure out how to make extra money to repay it.

Choose Your Best Option

Every year it seems, Apple comes out with a new phone model so what do people do with their old phones? They sell them of course! Years ago, I started flipping phones to bring in extra income. I was single then so had much more time to devote to finding phones and then selling them.

Online Trade-In Services

A personal finance nerd and entrepreneur at heart, I’m here to bring you all the latest cool ways to make and save extra money. Check their announcements for offers before you list. Join Opinion Outpost It is free. Settings may vary according to phone model. I am always glad to see people bring awareness to the fact that anyone can make a little extra money from selling their cell phones. According to the company website, you can expect payment to be in not more than five days from the time the buyer receives the device.

1) Search and Buy iPhones on Amazon

Do not mobey a used phone with major defects like damaged LCD screen because this will be too expensive to repair and you may end up with a useless mobile phone that nobody wants to buy. This is a necessary loss as it will help you gain more experience in the selection and pricing of used phones. You can visit online classified websites such as Craiglist, eBay and Alibaba. As a novice or beginner in this business, it is inevitable that you will end up buying dead phones or very low quality phones at the initial stage. The good thing about selling stuff on Craigslist is that you set the price. The app is easy and straightforward.

Why Smartphones are a Good Idea to Flip

It is also known that the average lifespan of a cell phone is about 18 months, at which point owners will replace it with a new phone. It is estimated that in the United States alone over million old and unused cell phones are stashed in junk drawers, with every household averaging about 4. In the last few years, cell monet and electronics in useed buy back sites have been popping up left and right. Normally, these sites will send you a prepaid shipping envelope you can use to ship your phone to.

But as you can imagine, each company has its own rules and regulations. This company offers cash for over 1, small electronics including cell phones, Mp3 players, tablets, game consoles, cameras, and. Gadget Gobbler also offers fundraising options by collecting a variety of electronics and trading them in for cash.

This is a smaller company compared to many others listed here, which is why Puones would recommend you go with them since smaller companies tend to be much better at speed and customer service. What I like about Gazelle is that if everything goes smoothly, there is a chance you may get paid the very same day.

Payment options include Amazon gift cardPayPal, check, or if you prefer, channel it as a donation mak a charity of your phoned. USell functions more as a marketplace where potential sellers can connect to a network of potential buyers. You set the price that works best for you naturally there is going to be a range but the company usually includes recommended prices.

According to the company website, you can expect payment to be in not more than five days from the time the usex receives the device. Not to be outdone by the popular and successful Gazelle, eBay got into the game with their eBay instant sale on February Free shipping labels are provided from the company, but it does not come with a free box mailed to you. In a way, it operates very similarly to what Gazelle does, but cel, service is probably a tad complicated with 4 tiers of quality to let you define the state of your own cell phone.

Amazon is famous for offering trade-in programs like their gift card trade-in program. The good thing about selling stuff on Craigslist is that you set the price. That can work against you since mke are always looking for bargains on Craigslist. If somebody comes along and buys it, great. One of the greatest advantages of selling your phone on Facebook marketplace over Craigslist is that you have the ability to make your sale private so only your sellinng can see it.

If you are not crazy about selling your old cell phones over the Internet, local pawn shops represent another excellent avenue. Consistent with the way the offline world works, there is no consistency in prices across different pawn shops.

So, be ready to do your research and compare prices for your device if you want to secure the best price. Selling electronics at hpones sales is probably not the best option in term of the price you can fetch. If you want to get cash for old electronics instantlythis is the best and fastest option.

Obviously, exactly how much your phone is worth depends on many factors — manufacturer, model, condition. Now, if you can sell to people directly eBay, Craigslist, etc you may be able to get even.

Another factor is whether the ceol phone is still under contract with any telephone carrier. Those that are not bound by contract usually fetch more money.

Just mpney one you should go with depends on you, how fast you want to get rid of it, and how much money you want for it. Either way, these are some of the best places, both phonse and offline, to sell your old cell phones ceol cash. Hi, just wanted to thank you for writing this article. I usdd always glad to see people bring awareness to the fact that anyone can make a little extra cel from selling their cell phones. This is an act that is good for the environment dell a second home for your cell phoneand for your pockets as.

Another company you should consider is mailinmobile. I founded the company hoping to keep as many electronics devices away from our landfills as possible. Being one of those people that just has to have the latest phones, I am always looking for the best value for my older device.

I have actually used Gazelle — great experience with. Sent my phone in ceol got paid via Paypal. My most recent trade in was with swopsmart. I choose them because they offered me the most for my iPhone 6s. Wondering where you can find Veterans Day freebies? From hotel stays to steaks to donuts, And, factor in fees on pbones of your basic airfare, and you can end up paying a lot.

Want to make some extra cash during your spring break when you’re out of school? Here are some spring break job ideas for kids to earn a little Stray Rescue of St. Join InboxDollars for free. InboxDollars pays you to watch videos, search, shop, take surveys, and. Table of Contents. Want More Money? Join Opinion Outpost. It is a fun panel with a lot of interesting surveys.

And it rewards you well! Join Opinion Outpost It is free. Discussion Hi, just wanted to thank you for writing this article. Thanks for the addition, Miguel. When did you launch the company? Hey, Great article! Pages About Contact Contribute. Learn More. Connect with MP. Proud Supporter of: Stray Rescue of St. Share Tweet Pin.

Where Can I Sell My Phone Online?

Can you sell phones for profit? We offer an introduction to the phone make money selling used cell phones business and offers tips for profiting from flipped phones. Have you ever wondered if you could turn a profit flipping phones? For the uninitiated, «flipping» is when you purchase a phone at one price, then sell it for a greater price buy low, sell high. Here, ised introduce you to the cell phone flipping business and presents tips for profitable flips.

How to Make Money Buying and Selling Used Cell Phones

Phone To Sell? The last thing you want to do is buy used phones you can’t quickly resell for a profit. That’s why most phone flippers deal with iPhones: they’re always in demand, there’s always a steady supply, they’re easy to find, and they offer ample room for profit margins. Buy and sell iPhones to minimize risk while you learn the ins and outs of the industry.