In the News

How to Get More Room in the Sock Drawer: Sell Your Cellphone

Date: 10/02/2014

Company: Gazelle

Source: New York Times

Getting Value Out of an Old iPhone, Galaxy or Similar Device

By: Bryan X. Chen

SO you want to buy a new Apple iPhone, Samsung Galaxy, HTC phone or whatever suits you. What are you going to do with your old device?

You could, like many people, just tuck it in a sock drawer or hand it off to a family member. Or you could trade it in for cash to get a discount on whatever new phone you buy.

Often, the money you make trading in or selling a phone will cover a huge chunk, if not all, of the price of upgrading to a new phone. Yet lots of used phones are never sold. A study by OnePoll, a research company, found that Americans are hoarding about $34 billion worth of used cellphones. That’s a lot of money that could be used toward upgrades.

There are plenty of ways to sell an old phone, like mailing it to a reseller, handing it to a cellphone store or putting it up for sale online.

I have used several approaches to selling used phones, online and offline. Two things to remember before you ditch the old phone: First, back up your information. Second, always make sure to erase all contents of the phone before shipping it. You don’t want the phone’s new owner getting access to your selfies and text messages.

Gazelle

Gazelle offers a popular online trading program. It allows you to select which phone you want to trade in, then it presents an estimate of how much money you could get.

First, visit Gazelle.com and select “Sell cell phones.” Next, pick the brand, model, carrier and capacity of the phone. For example, iPhone owners should select “Apple” and then the model, carrier and capacity, like an AT&T iPhone 5 with 32 gigabytes of storage.

Read full story at New York Times

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