How do you make a brand new phone cheaper? Sell your old one.
Almost every mobile service provider that now uses device payment plans may not have so many old phones in their drawer, but most trade-in websites now accept tablets, fitness trackers and smartwatches.
To increase the cost of upgrading to the latest and greatest technology, you can benefit from websites that offer you cash in return for your electronics. The prices offered are usually slightly lower than those for which you could sell the device directly to Swappa or Craigslist, but you do not have to worry about the expense of negotiating a price, paying for shipping, or charging for some services to pay .
Disclaimer : CNET may be involved in the revenue of the websites listed on this page.
Payment Method: Amazon Gift Card
Turnaround Time: Two business days after Amazon received the item
The Amazon Trade-In site works similarly like the retail section. You search for an item, enter all the required details (memory, screen size, etc.), and then select the state of the device. Amazon then makes an offer, and if you accept it, provide a shipping label for the item.
After shipping the item, Amazon will review the item to make sure the item matches your original description. When everything is checked out, an Amazon gift card will be credited to your Amazon account for the offer amount. If the item is in better condition than you described, Amazon promises you to pay more.
Your gift card is usually available from Amazon within two business days of receipt of the shipment.
The disadvantage? Your money is tied to your Amazon account.
Payment Method : Apple Store Gift Card
Processing Time : Immediately if run in an Apple Store. When It's Two to Three Weeks Online
Apple will be switching devices from a variety of companies, not just its own. You can either go to an Apple store or use Apple's online service. Apple currently accepts phones, tablets, computers, watches and "other" devices. If the company does not have a trade-in offer for your device, you will be asked if you would like to recycle it for free. Visit the website or an Apple Store to begin the trade-in process.
The use of Apple for trading old equipment and for cash makes sense if you want to stay in the Apple ecosystem or make the leap from Android. However, you can not use the Apple Store gift card to buy a Samsung device, for example.
Best Buy Trade-In
Payment Method : Best Buy Gift Card
Turnaround Time : 10 working days
Getting an Quote Best Buy is as easy as selecting product category, manufacturer, model and condition. After completing the questionnaire, the tool estimates the value of the item. If you choose to accept the offer, it will only be awarded as a Best Buy gift card.
You can either send the item to Best Buy with a prepaid label or find a retailer near you where in-store trade-ins are accepted.
Best Buy's shipping time is slower than other services, but the company accepts almost all types of electronic devices it sells. For example, you can trade video games and an iPhone ($ 1,152 at Amazon Marketplace) at the same time. And if you do it in the store, you will get a Best Buy gift card without waiting.
See Best Buy
Payment Method : PayPal or Check
Processing time : One week after receiving the device
Unlike previous services, Nextworth Pays you over your choice of PayPal or a check.
The process involves answering a few questions about the phone, tablet, or smartwatch that you want to trade with. Nextworth will make you an offer and, if you agree, send you a prepaid shipping label.
When Nextworth receives your device, it checks to see if the displayed state is correct. In case of discrepancies you have the option to reclaim the device or accept the revised offer.
eBay Instant Selling
Payment Method : eBay Instant Voucher
Turnaround Time : Same Day
eBay's eBay sales platform monitors eBay If a device is in perfect condition, it offers to buy the phone immediately and give the seller an eBay Instant Voucher. That's marketing talking for an eBay gift card.
The seller (you) then sends the device to an eBay-affiliated company, where it verifies and verifies that the device is as described.
If there are any discrepancies, the difference will be charged to your eBay payment method.
Of course, the downside is that you need to spend the gift card on eBay instead of another service.
It's a good idea to look around and see which service gives you the most money for your device. This is where Flipsy comes into play.
Flipsy does not accept trade-ins, but curates other services that do so, providing you with a list of services and the amount that everyone currently offers for your device.
You can then quickly look at the list and choose the service or website that will do the best for your device.
Originally published on February 29, 2012.
Update dated November 16, 2018: Updated with new and updated information.
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