Skip to main content

Image sources: Getty Images.



If you are looking to sell an old cell phone at earn money fast with minimal effort, I’ll walk you through everything you need to know. OPting for a handset recycling is also a good way to reduce your environmental footprint. Read on to find out the best places to get the most competitive prices for your phone.

How much can I get to sell old cell phones?

This will vary depending on a few different important factors:

  • The model and age of the phone
  • That the phone works and turns on
  • Physical condition (scratches, cracks, bumps)
  • If the mobile is unlocked or connected to a network

Generally speaking, a newer model phone in good condition will attract a higher price wherever you decide to sell or recycle it. That being said, there can also be big differences between how much companies are willing to pay for the exact same model, so it’s worth shopping around.

Where are the best places to sell old cell phones?

Luckily, there are plenty of ways you can easily check the value of your old phone with just a little lift of a finger. Most of the companies listed below will provide you with an estimate or guaranteed price on the spot.

Mazuma mobile

This is an online service where you can get an instant quote. If you decide to sell your old cell phone to Mazuma Mobile, they offer free postal service. This is organized via Royal Mail and means it costs you nothing to send your handset to them.

An added bonus is that their service includes postal insurance up to £ 100 (which most other companies don’t offer). They also promise to transfer your payment the day they receive the mobile.

MusicMagpie

The musicMagpie online service provides an immediate quote. Then if you’re happy with the deal, just pack your phone and they’ll arrange either a courier or a free courier.

This might be a better option if you have other things to recycle, as they also accept CDs, DVDs, games, books – and even Lego!

4 foolproof rules to save money on everything

Our editor, Sam Robson, has been on a personal mission to cut costs for years – and it’s time to share his wisdom.

Discover his best tips and tricks for saving in this free report, “Sam’s 4 Foolproof Rules for Saving Money on Everything”.

Simply enter your email below for instant access to your free copy.

Regarding payment, they offer a same day payment guarantee. There is also the option to donate the profits to charity, which is useful if you want to donate old phones rather than selling them.

CeX

Taking your junk phone to a local CeX store can be a good option if you have one nearby and need the cash quickly. They are competitively priced and you can always check their website to see how much you should expect to get paid.

CeX also offers a drop and go service. You just need to fill in a few details about the phone on their website, then you can arrange to drop it off at your local store to test it out.

Provided the phone works as described, payment will be transferred directly to your bank on the same day. This is the best option if you want to bypass a postal service.

eBay

Using eBay can be one of the most cost effective ways to recycle and sell old cell phones. In effect, with eBay, you are selling directly to another consumer. To get the best price for your old phone, check out our article full of tips for successfully sell on eBay.

There are a few downsides to using eBay. The process may take longer than some of the options above. In addition, you are not assured of a price. It depends on whether a buyer is looking for your particular phone. This means you could end up with more or less money than using a recycling company. It’s a roll of the dice.

With eBay, you also have to arrange for the phone to be sent to the buyer, which involves additional costs and efforts.

Points to remember when selling your old phone

Whichever method you decide to use to sell your old mobile phone, there are a few steps you should always follow before you part with it:

  • Back up your data to a computer or the cloud.
  • Remove the SIM card and all external memory cards.
  • Perform a factory reset to erase all traces of you.
  • Make sure that a security code is not locking the device.
  • Charge the phone and pack the power cable with it.

Reviewed and rated 4 out of 5 stars by MyWalletHero

Need a financial advisor? Get a free initial exam lasting up to one hour, plus £ 50 off any follow-up advice.

MyWalletHero has provided you with a 50 € discount on the price of advice when you find an independent financial adviser or covering the whole market via Impartial.co.uk*. All counselors are FCA regulated, qualified and give completely unbiased advice. To find an advisor quickly and free of charge, use the unbiased correspondence tool.

* This is an offer from one of our affiliate partners. For more information on why and how we work with partners, click here.

Was this article helpful?

YesNo


Some offers on MyWalletHero come from our partners – this is how we make money and make this site work. But does this have an impact on our grades? Nope. Our commitment is for you. If a product isn’t good, our rating will reflect that, or we won’t list it at all. Additionally, while we aim to showcase the best products available, we do not review every product on the market. Find out more here. The above statements are owned by The Motley Fool only and have not been provided or endorsed by any bank advertisers. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of the board of directors of The Motley Fool. The Motley Fool UK recommended Barclays, Hargreaves Lansdown, HSBC Holdings, Lloyds Banking Group, Mastercard and Tesco.


Leave a Reply