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Getting Rid of Your Old Tech Soon? Here's How to Get Paid for It

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Why This Matters

As the cost of new personal tech continues to rise, understanding how to effectively trade in or sell old devices can help consumers save money and reduce electronic waste. The article highlights the importance of timing, comparing trade-in options, and avoiding disposal in landfills, which benefits both consumers and the environment in the tech industry.

Key Takeaways

New personal tech is expensive. The latest Samsung Galaxy S26 is $1,100, while the iPhone 17 starts at $800. One way to cut that cost is to trade in your old device for some extra cash or credit.

You may be familiar with trading in your cellphone with your carrier to get a credit on your bill, but you can do the same for other personal devices with even more retailers, like Apple and Amazon. CNET found that 29% of US adults keep their old devices at home, while 24% trade them in. Even worse, 22% throw their devices in the trash -- which is almost like throwing away free money.

Trade-in values change often, especially during major shopping seasons, like the holidays, or if there's a newer model coming soon. Some other selling tips can help you get more money back, regardless of when you sell it. Here's what you need to know.

Time out your trade-in

Knowing when to sell your device is most important. Trading in your device early rather than leaving it in a drawer for months can boost your trade-in value. While there may be downsides to waiting too long, you may get more money if you sell at certain times.

Consider trading in your device when a new model is about to be released. During this time, consumers may be comparing new and used devices. For example, if you're selling your iPhone, you may wait until September when new iPhones have been revealed. The holidays are another peak season for those planning to buy devices, which could mean people are willing to pay slightly more for used devices that are cheaper than new ones.

Compare trade-in sites

Your cellphone provider might be offering a trade-in deal, but that doesn't mean that's the only place you can sell your device. Consider other retailers or refurbished sites, like Swappa or Back Market.

Swappa gives you two options. You can sell your device to a Swappa partner online for less work and for a set price based on the condition. Swappa's other option lets you list and price your device yourself, but keep in mind, you'll see other listings just like yours. That could mean a risk of selling at a lower price if you want to sell sooner. There are similar sites to compare and list your device, including Gizmogo, eBay Refurbished Program and Its Worth More.

You should compare offers from your cellphone provider and retailers, like Amazon, Apple, Target and Best Buy. However, you may receive a credit or gift card instead of cash.

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