How Much Can I Sell My Phone For?
Selling your old phone can be really simple if you use this 4-step process to work out a realistic price for your phone. Combine this along with some market-research into phones that have the same answers to your 4-step process, and you will have it sold in no time!
Age
Age is the number-one factor in determining the value of your old phone. Whilst as soon as you turn a new phone on the value drops instantly, this continues continuously. A lot of phone tend to work on a 4-year-cycle and so selling within that time tends to open up your options in terms of the number of buyers and how much you can charge.
Condition
The condition of the phone has a huge effect on the price at which you can sell because it is a key point of compassion when a buyers is evaluating their options. Phone condition tends to be broken up into 'grades' and a basic guide below will give you a rough idea of which category your device fits into, and therefore, how much you can charge.
Grade A: almost perfect, pretty immaculate, no scratches, no dents, no cracks, etc.
Grade B: no cracks, minor signs of use (small scratches), light wear-and-tear, etc.
Grade C: general wear-and-tear, no cracks, screen not smashed, small scratches, etc.
Accessories
One key thing to remember is that if you sell your phone without the box, charger, a screen protector and a case, this will make a dent in the asking price because it increases the amount of work the buyer will have to go through. Therefore, if you can supply these you are more likely to get a higher-price sale because it makes it an easy process for the buyers and indicates that you have looked after the device well.
Price to Buy New
When considering how much you can charge, always check the current price to buy the phone new, as this will differ greatly from the price that you originally payed for it. Once you know the price to buy the device new, you can judge how much people would need to save to buy used instead of buying used.