Do you have a phone or tablet that’s reached retirement age? Don’t assume it’s time to throw it out, toss it into the recycling bin, or forget about it in the ol’ Junk Drawer. Or maybe you bought a wearable device, with the best of intentions. You wanted to count your steps and your calories, but maybe the device was too complicated or the novelty of it simply wore off and maybe your good intentions faded. (It’s okay — it happens to a lot of us!) Regardless, the device has been sitting unused collecting dust and guilt everytime you glance at it. I would like you to release yourself from the guilt and sell it! As Marie Kondo of the book The Life-Changing Magic of Tidying Up would say, “thank the item for teaching you what you don’t like (or won’t use) then let it go.”
There are plenty of options if you’d like to de-clutter and make a little extra money. (In some cases, you can still make some money even if the device is broken!)
Selling online is the strongest option as far as convenience and cash. Before deciding on a buyback service, it’s a good idea to consider the balance between convenience and the amount of money you can, or want, to make.
- How many devices do you have available for buyback?
- Do you have time to list them on Ebay or another auction site (or sell them on your own)?
- Are you willing to let shipping costs eat into the total cash offered?
- Are there other fees that could reduce the final amount?
- How important is the amount offered?
- How quickly do you need the cash?
If convenience and speed are a priority, and you want to drop off your device and be rid of it, you can go the kiosk buyback route (like EcoATM), but the cash offered is generally painfully low. Based on current stats, kiosk buyback rates are 43% lower than most of the electronics buyback services that you can find online. Plus, in most cases, you’ll need to have a driver’s license or state ID, which is an issue for some.
The service that offers convenience and buyback is one like MaxBack. If you don’t like the low offer from a kiosk type of service, MaxBack is a great option because they offer:
- Higher value per device (compared to kiosk/drop-off services)
- You can set up the order at home.
- Free shipping!
- You typically receive your payment within 3-7 days (of all the buyback companies Maxback is the fastest, giving you your payment within 3 days).
Morale of the story: don’t let your old electronics go to waste — use a buyback program like MaxBack, pocket some extra cash, and extend the life of your stuff by selling it to someone who can happily make use of it. It’s a win-win for your debt goals and for the buyer.
Have you ever traded-in or sold your old electronics to a buyback company? What was your experience like? Would you do it again?
This is a sponsored post but, as always, all opinions are my own. Thanks for supporting the companies that help to make this site possible. xo Anna