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Used Phones
December 22, 2017

5 Steps to Maximize Your Used Phone's Value Before Selling

If you’re the sort of consumer who simply must have the newest version of your favorite smartphone brand, then you’ve probably already found yourself mulling over what to do with your old phones. Yes, you could repurpose them as gaming consoles, MP3 and MP4 players, or even alarm clocks, but you can definitely get more value for your investment by selling them.The market for used smartphones is actually a humongous one...think $17 billion-type big. According to Deloitte in a report looking at the market in 2016, consumers that year were on pace to sell or trade around 120 million used smartphones to generate in excess of $17 billion, or some $140 per device, for their sellers. If you have a higher-end used smartphone, you could easily rake in more than the $140 average projected for 2016 sellers. But in order to get the most used phone value possible, you will need to maximize its appeal for potential buyers. Here’s how!

1. Find Out How Much it’s Worth

Before you can properly price your used smartphone, you need to know what it's actually worth. Brand, for example, can have a huge impact on value. A used iPhone or Samsung will probably net you more than a used Android from a lesser known manufacturer.After looking at factors like brand, whether it’s a premium model or a budget model, model year, features, and overall condition, you'll be able to set a realistic price for your used smartphone. A quick Google search will help you locate websites focused on helping consumers to price their used phones fairly.

2. Unlock it

Most smartphones are tied to specific carriers, which means that buyers of locked phones would face the prospects of perhaps having to pay to use a phone with their carrier. You can increase the odds of finding a ready buyer by taking the carrier-lock factor out of the equation. By unlocking your phone so that it can immediately be used with any carrier that buyers are signed up with, you'll easily increase the number of potential buyers for your used smartphone.

used phone's value

3. Get it Certified

No one wants to shell out money for a used smartphone only to find that it's not working properly. You can ease consumer worries about such a scenario by getting mobile device certification from a provider such as PhoneCheck. When your phone earns the company's certification, you'll be able to communicate to would-be buyers that your product is in 100% working condition and fully functional. That means no disappointing surprises, and built-in trust that your product is valuable .

4. Make Sure it’s in Good Shape

It goes without saying that the used phone value will go up in proportion to the physical condition of your unit. Scratches, cracks, and missing components will drive down the resale value of your used smartphone, perhaps forcing you to sell it for less than you want to.But if you’ve taken care of your smartphone by, among other things, putting it in a protective case and using a screen protector, then you’ll be able to market a mint or near mint used smartphone. If your phone is not in the best condition, look into what low-cost fixes might be available in order to make your smartphone an enticing product for potential buyers.

5. Delete Personal Data

When people buy used smartphones, they usually don't want to see the personal data of the previous owners on said phones. So, be sure to digitally wipe the phone clean so that it's left in the same state that it was when you first bought it. A factory reset will enable you to remove emails, pictures, apps, and other things. Of course, taking this route of action will also protect you from the possibility of ID theft and the many negative consequences that can stem from this.If you follow these 5 steps to maximize your used phone’s value before selling, you’ll surely unload your used device for a tidy sum. Regardless of the reason you want to upgrade, you can make some money from your old phone to put towards getting the smartphone you really want.

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