How To Make Money From Your Old Cell Phones?

There is a small green wicker basket that sits in one of our drawers at home.  It doesn’t really do anything at all except store cords, chargers, and phones.   This basket has become a bit nostalgic because in just the last five to ten years, it almost acts like a mobile phone historic museum on how the smart phone has evolved.   It’s funny seeing something like a Blackberry that was so modern 10 years ago and looks so ancient today.   But since we love to figure out how to make money on items that are just sitting and collecting dust, just how can you make some dough off of your old cell phones?

Gazelle

With Gazelle, it is extremely fast, painless, and easy to sell your old cell phone. You will simply answer a few questions about your old devices and Gazelle will let you know how much it’s worth to them. They will send you a box to ship your cell phone and send it back to them and even pay for shipping. Now, beware that Gazelle will have to inspect the phone when they receive it and may modify their offer, but they will make you an offer for your phone.   You can get paid either by check, PayPal, or by an Amazon gift card.  www.gazelle.com

EcoATM

Think about EcoATM using the ATM process that you have come to grow and love over the years.  They use a simple three step process to get you cash back on your cell phones.  The first thing you do is place your device into one of the EcoATM stations.   The EcoATM machine will then examine your device and searches their network of buyers to find you the best possible available price.  The condition of your model will matter in the overall pricing.  Then, if you agree, EcoATM machine will sell your device and give you cash on the spot.  www.ecoatm.com

IreTron

With IreTron, you will type in your device’s brand or model number into the search bar on the homepage. If they don’t show your product you can contact them for a personal quote. You will also tell them about the accessories that will be included and they will deliver you and instant quote.   If you accept the quote, you will add the item to the selling list.   Then, from there you will simply register with them and proceed to checkout to finalize your package.  They will e-mail you a pre-paid shipping label as long as what you are sending them has value.  If everything matches from your submission, then you’ll get paid. www.iretron.com

In addition to these three, many of the major vendors have trade in programs including Verizon, Best Buy, Amazon, and Apple, but the important thing to is not have idle assets sitting in your drawers at home when they could be working for you to make money.   While you are doing your spring cleaning, maybe it’s time to make a call to one of the websites and pick up some summer cash.

About the author  ⁄ Ted Jenkin @ Your Smart Money Moves

Ted Jenkin @ Your Smart Money Moves

Hey!

My friends and family all think I’m a workaholic, but I say I’m just a guy that loves to help people do better in life.

My mother is still the only one that calls me by my real name Theodore Michael, my wife calls me Teddy, but for the rest of you it is just plain old Ted.

Ever since I was a little kid, I always loved money and being an entrepreneur. In fact, I still have cassette tapes of me talking to my grandmother at the age of five and my mother tells me all the time how much I played with money as a kid...

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Ted Jenkin is a frequent guest columnist for the Wall Street Journal and Headline News Weekend Express. He is the co-CEO of oXYGen Financial. You can follow him on LinkedIn @ www.linkedin.com/in/theceoadvisor or on Twitter @tedjenkin.

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice.

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One Comment

  • May 9, 2017

    Oh my gosh, I think I still have a couple of phones I forgot about in the back of the junk drawer :D I never though about selling them, but then again I don’t know why I keep them either.. Good thing I don’t have many old cell phones lying around, I’m the type of person who uses one until it breaks (which is probably why I switched to a smartphone way later than most.. hehe :D )