Trade in your phone
The easiest way to reduce the cost of your upgrade is to trade in your current phone. Even if its a couple of years old, you’ll still get a good amount of cash to put towards your shiny new iPhone.
For example: if you bought an iPhone X, you could make up to $620 for your old phone when you sell it with Decluttr. If the new iPhone will cost more than $1,000 – and we definitely think it will, as the 256GB version of the iPhone X costs $1,149 direct from Apple right now - you’ll easily have the majority of the cost in an instant.
What is the best way to sell your cell?
There are a few ways to sell your current phone. The first is to sell it privately using an auction or classified ads site. The main benefit of selling privately is that you could make more money, although this isn’t guaranteed. If you run an auction, you could actually make less!
However, it comes with a bunch of potential downsides too. Most sites charge some sort of fee, so you’ll either pay to list the item or lose some of your profit to commission. You run the risk of dealing with an unreliable buyer who’ll delay payment or won’t pay at all too, and you’ll have to pay shipping too. The hassle and effort involved with selling privately may outweigh the potential for a greater profit; and even then, that profit isn’t guaranteed.
The second option is to sell your phone back to the carrier you purchased it from. This is a popular option among those upgrading as it means you can sell and buy your new handset with the same company.
However, carriers often offer much lower prices than independent reselling sites (our study found that we pay up to 33% more) and many only offer credit against their own plans, restricting your options. Trading with your carrier is convenient but often doesn’t offer the best value.
The final option is to sell with a reseller like Decluttr. We’re not impartial but in terms of freedom and value, we think this is the best option. Resellers usually pay the best prices and are extremely convenient too, with free shipping and fast payments. Plus, you’ll get a single cash payment at the end which gives you the freedom to shop around and find the best deal for your new device!