If you like so many others have fallen on hard times because of the pandemic, then you’re probably trying to figure out how to make some extra cash. Selling your old gadgets is one way of doing this.
As technology ages, it becomes outdated and newer models are released. However, just because your gadgets are old and outdated, that doesn’t mean that they’re worthless. Some people will pay big money for obsolete gadgets.
In this article, you will find out how you can get the most out of selling your old gadgets:
Keep Accessories
Whenever you buy a gadget, make sure to hold onto all of its accessories. When it comes to selling a gadget, people will pay more if the accessories are provided. The reason for this is because if somebody buys your gadgets without the accessories present, then they will have to go out and buy them from somewhere else. This can be a lot of hassle. Providing the accessories is convenient for buyers and saves them a lot of time. Because of this, you can charge more. These accessories could include the original box, charger, manuals, and controllers if it’s a television, radio, or games console.
Restore Gadgets
In addition to providing accessories, you also need to make sure that factory reset gadgets before you sell them. If the buyer has to restore or factory reset the device themselves, they will usually pay less. You should also thoroughly clean and dust your devices before selling them. Devices that are dirty will sell for less. If there are any problems with your gadgets, then you need to notify buyers beforehand. If you don’t then you could get into a lot of trouble, especially if you sell them on websites like eBay and Amazon.
Make sure that you wipe all of your personal data off of gadgets before selling them so that nobody can steal your information.
Trade-in
If your device is in good condition, works well, and isn’t too old, you should be able to trade it in. If you trade in your old phone, you can get a discount on newer phones. You might also be able to get gift cards, which you can use to get newer devices for less. You can trade-in directly with manufacturers or you can trade them in with second-hand stores and tech retailers.
Timing
You need to make sure that you time your sale properly. For example, if you’re trying to sell an old Android phone when a new one has just been released, the market will already be flooded. You need to sell your device at a time when demand is high. Try to avoid selling when a new model of your device is released, for this reason. You will either be unable to sell your gadget or you won’t get as much for it as you might at another time. Timing is everything when you’re selling gadgets.
Warranty
You should always check whether your gadget is under warranty. This is something that buyers will want to know. If your gadget is no longer under warranty then you might have difficulty selling it. If your gadget isn’t under warranty then it’s usually best to trade it in or to sell it to a company that buys outdated technology. This is because they won’t expect your goods to be under warranty, mainly because they will offer their own warranty after they have refurbished it.
If you’re going to sell your product privately, make sure you’re clear about whether it’s under warranty or not, even if the person buying it doesn’t ask you.
Research
You need to make sure that you research your gadget’s value. On websites like eBay, Craigslist, and Gumtree, buyers will try as hard as they can to lowball you. By knowing exactly how much your gadget is worth, you will be able to get the most out of it. Don’t take anything less than what your gadget is currently selling for on the second-hand market unless you’re desperate for quick cash. You also need to be aware of how much your gadget is being sold for in stores if you’re selling it second-hand so that you can price competitively.
Scams
Watch out for scams whenever you’re selling anything online. The internet’s overrun with fraudsters and scammers, who will take advantage of you if you give them the opportunity to. There are some very sophisticated scams online. If you’re not careful then you’ll fall victim to one. You also need to be conscious of scams in the real world too. Make sure if anybody’s meeting you with cash, that it’s real. There have been instances where people have been given fake money in exchange for their gadgets after meeting somebody they met online.
Bundles
A good way to get more out of selling your old gadgets [particularly games consoles and computers] is to offer bundles. A games console bundle might include several games and some additional accessories, like headphones. Bundles are more appealing to buyers who want to get the most for their money. You can charge a lot more for a bundle than you can for a single item and some accessories. This also gives you the opportunity to get rid of multiple items at once, that you might struggle to sell on their own.
Charity
If your gadget is especially old or is in bad condition, then it might not be worth anything. In instances like this, it’s best to give them away. You can give them away to charity or you can list them on eBay for free. Giving your second-hand goods away gives somebody else less fortunate the opportunity to enjoy them. You could also consider giving them away to a friend or family member that you know who might enjoy them. Charitable giving is a great way to make a difference and to make yourself feel better. There’s always somebody who’s worse off than you.
Selling your old gadgets can be a good way of making money. If you follow this article’s advice, then you will be able to get the most out of your gadgets. Make sure to always list honest descriptions and never exaggerate the condition of your goods.
