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MAXIMIZE YOUR RETURNS
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A few years ago, you invested a substantial amount in purchasing a brand new smartphone. Whether it was the latest iPhone or Android device, you shelled out a hefty $800 or more at the time of purchase. However, just like any other high-value item, the moment you step out of the store with your new phone, its monetary worth takes a significant plunge.
Explore Smart Trade-In Options
If you are considering upgrading to a new phone and want to extract maximum value from your old device, it's essential to make informed decisions. While carriers and manufacturers like Apple offer trade-in credits, these may not always offer the most lucrative deals. Therefore, it's worth looking into alternative avenues to ensure you get the best returns on your investment.
Opt for Cash Offers from Reputable Companies
Rather than settling for carrier trade-ins that may not fetch you a hefty sum, consider selling your old phone to reputable companies that specialize in purchasing used devices for cash. Companies like Gazelle and SellCell offer competitive prices, with SellCell fetching the best deal at $160 for an iPhone 12.
Discover Value in Damaged Phones
Even if your phone has suffered damage, it still holds value. Companies like USell are willing to purchase broken phones, offering a reasonable price based on the extent of the damage. In fact, a broken iPhone 12 received an offer of $61 from USell.
Seek Higher Returns on Online Marketplaces
For those looking to maximize their returns, platforms like Facebook Marketplace or Craigslist prove to be lucrative options. By selling directly to buyers on these platforms, you can potentially secure a higher selling price. A quick search revealed unlocked iPhone 12s listed for $340 on Craigslist and $300 on Facebook. Keep in mind that these prices are indicative of listing values and actual sale prices may vary.
Valuable Tips for Selling Your Device
Before selling your device, ensure to reset it to factory settings to safeguard your personal information. When meeting buyers online, opt for public locations for a safe exchange. Additionally, verify the legitimacy of a used device by checking with a carrier store to prevent purchasing stolen goods.
In Conclusion
As you bid farewell to your old phone, take the time to explore all available options to maximize the cash back on your initial investment. By being strategic in your approach, you can ensure a significant return on your old phone or smart device."