How to Make Some Money off Your Old Electronics

Saturday, December 14, 2019, 6:00 AM | Leave Comment

There’s a variety of ways that you can go about selling your old electronics.

Even the most outdated items still hold some intrinsic value within their components.

Here are some of the solutions that you can utilize in order to offload your old electronic devices.

How to Make Some Money off Your Old Electronics

  • Direct Sale Options

    Many people will utilize the method of selling directly to others within their community. Posting an ad on sites such as Craig’s List or Let It Go are just some of the ways that you can let other interested parties know about your item. The caution with this solution is that you need to be careful when you’re arranging a place to meet to make the exchange. Some cities offer safe zones in which you can conduct these sorts of sales.

  • Internet Solutions

    A safer alternative is to utilize online resell sites. This provides you with a greater level of protection because you don’t have to meet up with the buyer in-person. For example, you can sell my iPhone online, which is an easy way to generate some much needed funds without having to worry about waiting around for an interested buyer. Utilize sites that will send you the shipping label in order to cut down on your out-of-pocket expenses.

  • Trade-In Events

    Some retailers will offer trade-in events. The point to the store is that they get you in the door and can upsell you on newer models. This solution only works when you’re in the market to replace your old electronic device. Be careful that you understand the terms of the trade-in event. For example, some retailers will offer you a certain percentage off of your purchase instead of the cash value that you may expect through other selling methods.

  • Scrap Metal Recyclers

    Even the oldest and most useless seeming electronic device likely contains components that hold some value. Taking them to a scrap metal recycler could help you to get some cash for it. This method is most effective when your electronic device isn’t functional anymore. It’s also better left for those heavier items because most recyclers will pay you for the weight of the item. Another thing to consider is if there are precious metals contained within the device. This will work to increase its value.

How you go about making some money on those old electronics depends on the item in question. Use these solutions so that you can find the right fit in order to make the most money back.

Author BIO

Rachelle Wilber is a freelance writer living in the San Diego, California area. She graduated from San Diego State University with her Bachelor’s Degree in Journalism and Media Studies. She tries to find an interest in all topics and themes, which prompts her writing. When she isn’t on her porch writing in the sun, you can find her shopping, at the beach, or at the gym. Follow her on twitter and Facebook.

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