If you’ve been coveting new tech, there’s no better way to afford it than by selling your used tech. By trading in your device you can upgrade and get a new one while giving someone else the opportunity to enjoy your old one. You can also get cash to use on other things in the unlikely event that you don’t want to buy new tech.
This year more places than ever are offering you the opportunity to trade in your used tech. Some places only give gift cards to their store or credit towards a new device while other places give you cash. By figuring out which place gives you the best deal, you can maximize your return on your tech.
Also see, Where to Donate Your Used Tech
Trading In Your Tech
To stay competitive in selling electronics, stores are offering you a trade in value for your tech when you buy a new device for them. But you should be prepared before you leave home so you know whether the price you’re getting is a fair deal. You should also back up your device and wipe the data so you’re not trading in your privacy as well as your device.
Even if you don’t get the highest price for your tech, the convenience of trading in your tech may be worth it. Tech depreciates in value so your best intention of selling your device on your own may not pan out if you wait months before you get around to selling your device.
Check to see which stores take which devices. Some stores take a wide range of gadgets while others have a very limited trade in policy.
Where to Trade In Your Tech
These stores offer trade in value for your used tech in working order. Be sure to check out the store websites for their terms and conditions before you decide to trade in your tech. Make sure that you will be able to use a gift card to the store if that is the only way you’ll be compensated for your electronics.
Amazon lets you trade in your used tech for an Amazon gift card, even if you didn’t buy the device from Amazon. Amazon accepts a wide range of electronics from a variety of manufacturers in exchange for Amazon gift cards. Check Amazon’s terms and conditions site to learn about their trade in policy.
Currently, Amazon is letting you lock in the price for your old iPhone until October 31 when you buy a new iPhone. With this deal you can keep your old iPhone until you receive your new one. See Amazon for more details.
Bring your old iPhone in to an Apple store to trade it in for a new iPhone. Apple’s new trade in program is run through Brightstar so be sure to check that website to get an idea of the trade in value before you head to the store. Your iPhone must be in working order with no water damage and you must use your trade in value towards the purchase of a new iPhone on contract with a carrier. Apple’s in store trade in program is currently US only.
Apple also offers device recycling through its website with the Apple Reuse and Recycling website. You can get a price on your used Apple devices and send them in for an Apple gift card. Apple offers electronic recycling in the US, Canada, Europe, Africa, the Middle East, India, Japan, Asia Pacific and Australia, Brazil and Costa Rica.
Best Buy accepts a wide variety of electronics for trade in, including computers, cell phones, tablets, ereaders, video games and consoles, DVD’s, musical instruments, and more. Best Buy also will accept electronics for recycling if you own devices that don’t have a trade in value.
Check out Best Buy’s trade in site to see the value of your device. Currently, Best Buy is offering a $50 Best Buy gift card in addition to the full trade in value of your phone if you upgrade your mobile phone.
Like Best Buy, RadioShack offers trade in value for a wide variety of electronics, including cell phones, GPS devices, tablets, cameras and more. You can trade in your devices in store or online. The Shack is currently offering $250 for an iPhone 5, $150 for an iPhone 4S and $100 for an iPhone 4 when you buy a new phone with a qualifying two year plan. Find out more at the RadioShack Trade In site.
Target will accept electronics in exchange for a Target gift card online and at over 1400 stores in the US. Target accepts over 20,000 different devices for trade in. Check the Target Trade In Program website for more details.
Walmart and Sam’s Club
Bring your smartphone in to a Walmart or Sam’s Club to get between $50 to $300 off the price of a new phone on contract with a carrier or a Walmart pre-paid wireless plan. The stores also accept other electronics, such as tablets, ereaders and cameras, for Walmart gift cards. Find out more at the Walmart Gadgets to Gift Cards page.
Selling Electronics Online
Instead of trading in your electronics, you can sell them online to try to get a better price and get cash instead of a gift card. Check out these sites if you want to sell your devices directly to see which one will give you the best deal.
EleGreen is an online recommerce site that buys used mobile devices. You can find out the value of your device and get a quote that is guaranteed for 30 days. Shipping your device to Elegreen is free with a pre-paid shipping label you can print. EleGreen will evaluate the condition of your device when they receive it and pay you immediately if your device passes their inspection.
- Windows tablet
- Android tablet
Find out more from the Elegreen website.
Gazelle will buy your electronics for a price that is good for 30 days from their offer. Gazelle accepts dozens of types of electronics and pays you after they receive the device and review the condition of it. Currently, Gazelle is offering to lock in the price of iPhones until October 31.
Gazelle is currently running a contest for you to win $1 million. If you win the grand prize, be sure to come back to The Wonder of Tech to share the good news with us!
You can read my full review of Gazelle here: Gazelle – Resell and Recycle Your Tech!
Glyde is a site where you can buy and sell used electronics. You can list your item to sell to a buyer, Glyde suggests a price which should result in a sale within a few days but you can set your own price. If you want to get paid more quickly, sell the item to Glyde directly for a lower price.
Also check out Glyde if you’re in the market to buy used electronics. My full review of Glyde: Craving an iPad? Glyde Is on Your Side!
You can list your smartphone to be sold for free on Swappa. Buyers pay a $10 fee above the list price of the phone. Swappa will suggest a price for you to sell your phone but you can set your own price.
Sellers must be from the US or the European Union. Buyers can be from anywhere around the world, but should check to see if a seller offers international shipping. Both buyers and sellers must have a PayPal account. Find out more details from the Swappa website.
You can also use Swappa to check a phone’s identification number to find out whether a phone has been reported as stolen.
My full review of Swappa can be found here: Swappa – Satisfy Your Mobile Cravings
What do you do with your used tech? Do you trade it in, resell it, recycle it or donate it to others? What has been your experience in trading in your tech? Let us know in the Comments section below!
* Cell Phone with Dollar Signs courtesy of Stuart Miles at freedigitalphotos.net