Gadget Price

How to find the resale price of your old device

Selling your old devices not only avoids creating more e-waste, it also makes you extra money. But how much money you can realistically expect depends on a number of factors, including the age and condition of the electronics you’re trying to get rid of.

Luckily, figuring out the common rate for your unwanted devices isn’t hard, and there are plenty of places willing to take them off your hands. Just a few minutes of research can be enough to tell you if making money is worth it for you.

Check resale value online

To know how much your old equipment could sell for, simply log on to a site like eBay and see what the current prices are. Use the search box at the top of the page to look for an auction for a device like yours – make sure to add the make, model and year of manufacture. Watch out for auctions ending in the next few hours as they will give you a better idea of ​​what people are willing to pay. You can also click Completed Articles Check box to the left of search results across the web to show closed auctions.

[Related: How to avoid eBay scams]

The closer you can get to the exact model of the item you’re selling, the better – remember that the specs of laptops and phones, for example, can vary widely from model to model. You should also check that details like the amount of storage and RAM are the same so that you compare as much as possible.

But eBay is by no means the only place to sell your old technology. Swappa is also very suitable for this purpose. If you click through the different gadget categories you will find the average selling prices for what you are about to redeem. And if your particular gadget isn’t there, you can still search for similar hardware.

If you want to avoid the hassles of buyers, Decluttr will price tag your device in advance. However, since the platform needs to maintain its resale margins and not multiple people bidding against each other, the price is usually lower than eBay or Swappa. However, this is a handy way to get a rough idea of ​​what your gadget is worth, even if you end up not using Decluttr at all.

If you can’t find another example of your gadget for sale anywhere, it’s probably either a priceless artifact or it probably won’t fetch all that much money – the odds of the latter being huge. Old retro tech can sometimes fetch high prices, and a quick web search should tell you if your device does. If you draw a blank, look for similar devices, e.g. B. Phones of comparable age and specifications.

Factors affecting your final price

The two most important elements that determine how much your gadget will eventually sell for are how much it originally cost and how long you’ve had it. To see great returns, the higher their initial price and the less time you’ve had to use them, the better.

Brand names also affect prices. In-demand gadgets lose value more slowly than comparable hardware from lesser-known companies: Apple devices, for example, are particularly good at holding their value over time. A simple rule of thumb is how popular something is: if it originally sold in volume, it’s likely to be popular as a second-hand gadget too.

As you can imagine, availability and demand also play a role. If you’ve recently tried to buy a PlayStation 5 or an Xbox Series X, you know the high prices they fetch on resale sites because they’re so hard to come by.

The condition of your old device is also important. While people still buy damaged and faulty goods to repair them or use them for parts, equipment in good condition is still sold at the best prices. Just make sure you’re always honest about any mistakes or flags when writing your listing.

[Related: How to sell your unwanted gadgets for cash]

Finally, the more extras you can add, the better. For example, think of the original packaging, charger or protective case that came with your item. If you’re missing one of these accessories, you can probably still get someone to buy your hardware, but they can help your listing get more exposure and a higher price tag.

If this all sounds like a lot of work and a big investment for too little return, consider recycling, donating, or simply giving away your device instead of throwing it away. There are several programs and non-profit organizations that are happy to take your technology off your hands for a good cause with minimal effort on your part.

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