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You are here: Home / Parenting Blog at KidsAintCheap / Money and Finances / Should You Sell or Donate Old Cell Phones?

Should You Sell or Donate Old Cell Phones?

December 21, 2020 | Leave a Comment

How do you know whether to sell or donate old cell phones?

2020 may have been a chaotic and challenging year, but it did give us some of the best smartphones on the market! Are you planning on buying one of these brand-new phones? Before anything else, you might want to take care of getting rid of your old phone first.

Throwing it away is such a waste so you’re down to 2 choices: selling and donating your used device.

If you need help figuring out the best course of action, read this short and simple guide right here! Here are some of the things you can consider to decide which one is the better option for you.

Donating Can Make a Real Difference

Donating old cell phones to charity helps the community and people around you. Many people would be more than glad to use your old phone you want to get rid of. This is because the pandemic has increased our reliance on technology and phones nowadays are too expensive to afford.

Think about how your old, used phone can benefit others in a meaningful way.

If you donate old cell phones to military personnel, it helps them to call and connect with their family at home. You’re donating to worthy causes such as helping victims of domestic abuse and animal abuse. These also include funding medical programs, scholarship programs, and low-income families among others.

Was the Money Worth the Trouble?

Selling old cell phones could involve a lot more processes than you think. Reimbursing, taking pretty pictures, and putting them up on several sites. Organizing to sell your phone would take a lot of effort and money from you.

It can also be time-consuming and there’s little to no guarantee you’ll find a buyer fast. It might cost more than what you would get after selling the phone.

When to Sell Old Cell Phones

Do you need to save up money to make ends meet? Is the price tag of your phone when you bought it is too expensive to donate? If it’s still in good condition and willing to organize everything, selling your old phone might be the best option for you.

There’s no doubt being able to donate your phone is a great cause. However, it’s okay to focus on your own financial needs over others from time to time.

How to Calculate the Resale Value of Your Used Cell Phone

Before learning how to sell your iPhone to maximize your profit, you should calculate how much you’re going to sell your old android phone first.

One of the first things you can do is to check the condition of your device. Take note of the age, battery health, software failures, and faulty physical components. Check the prices of the same phone on official flagship stores and used ones on other marketplaces nowadays.

Factor in your old phone’s current condition and compare it to others. This way, you can have a good estimate on a fair yet ideal resale price.

Sell or Donate Old Cell Phones: Here’s What to Do

There’s no right and wrong way to go about this. The best choice on whether to sell or donate old cell phones will depend on your personal circumstances and motivations.

Do you want to learn more about financial management? Check out more of our guides to learn all you can today!

Filed Under: Money and Finances

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