The Upcycler: Think twice before you trade in your old smartphone or tablet — you could make more money ‘upcycling’ on resale sites

by | Jun 24, 2022 | Stock Market

When it comes to old personal tech lying around the house — from smartphones to tablets to gaming consoles — many people may not realize how much value is still left in their devices. Keeping technology out of landfills or simply gathering dust in the back of the closet by exploring resale websites that match buyers with sellers of used tech can net some extra bucks. As for would-be shoppers, resale can make a lot of sense for younger family members old enough for their first phone, but at risk of misplacing it. Resale can also feel rewarding — by introducing lower-cost access to technology and gaming fun to the families especially feeling the pinch of high gas and food prices.

The good news is that tech firms are finally making it easier to extend the life of older devices.How to access resale sites for phones, laptops and other tech Selling on sites such as Swappa.com and its competitors can earn you more cash for items you no longer use like phones, laptops, smartwatches, gaming systems, home tech and tablets. You should compare resale marketplaces to the many trade-in and buyback programs where you can sell your used iPhone and other technology. For sure, not all trade-in sites are created equal, and resale may prove more transparent.The benefits of reselling your used tech devices “Consumers that choose store carrier trade-in programs typically get store credit and usually less value, while those who choose buyback services earn below-market offers so that devices can be resold by the companies themselves,” says Ben Edwards, CEO of Swappa.com. Plus, buyers may find better pricing and variety on such sites than always buying new. Importantly, reselling and buying gently used tech, and basically any steps to prolong its life, finally has stronger backing by the manufacturers. Microsoft
MSFT,
+3.41%
earlier this year released the …

Article Attribution | Read More at Article Source

Share This