Will you sell your smartphone? Follow these tips to earn more

Will you sell your smartphone? Follow these tips to earn more

Before proceeding, please note that none of the tips below is an absolute truth. These are techniques I use, but each has its own methods for setting the price of a smartphone. In the end, what counts how much you want to receive.

Define how much it is worth

The first thing you should do before advertising your smartphone is know how much it is worth. For this you can use two indexes: the current value of a new device in the market, and the average value requested on sites like Mercado Livre or OLX.

To know the value of the new handset, I usually search price comparators like Zoom and Buscap. I would say that a year-old used smartphone, in perfect condition and with all accessories, is worth 80% of the current value of a new one. Emphasis on perfect conditions: no scratch, scratch or significant defect.

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Top of the line models, like the Galaxy S8, retain more resale value / AndroidPIT

Now take a look at the Free Market, and see when it's being ordered by devices with similar configuration and conditions to yours. Make an average of the first 10 or 15 results, discarding those with too high value. Not because anyone is asking for $ 3,000 on a Galaxy S6 that yours is also worth that. If I want to sell fast, I take this average as a base and shoot about 10%.

An important tip is to include in the advertised price a negotiating margin (eg 10 or 15%). So if the buyer asks for a discount I can meet him without receiving less than he expected.

Who to sell to?

Before you advertise your smartphone on a site like MercadoLivre or OLX, pay a visit to a kiosk from your next device manufacturer and see if they accept the old one as part of the payment. Many manufacturers have partnerships with companies like Trocafone and do this kind of business. But first, find out the market value of your handset so as not to make a bad deal, because the value offered, even by recent models and in good condition, is often low.

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Pay a visit to a kiosk or store of your favorite manufacturer and see if they accept their used in exchange (and for what value) / HRC

For example, on the Trocafone website a 64 GB Silver S8 Galaxy in good condition is worth $ 645. But on the Free Market the average price of this model is about $ 1,500. In that case, advertise the most advantageous handset. But companies like Samsung sometimes offer a bonus, in addition to exchange value, on certain models. In such cases, using the old handset as part of the payment may be advantageous.

Up or down?

There are a few things that can make the resale value of a smartphone go up or down. Take a look at the most important ones:

Go Up: Box and Accessories

A smartphone in the box with accessories is worth more than a loose handset. I always keep the packaging of all the electronics I buy (you should see the cabinet at the back of my house), including manuals, quick guides, plastic bags, warranty cards, and even the strings used to tie cables and headphones. So if the device is well cared for you can sell like new.

StonexOne Galileo box
Original box and accessories value a device / Stonex

Go Up: Warranty

An appliance under warranty is an extra security for the buyer that if there is any defect he will be covered and his investment protected. Always mention in the advertisement description how much warranty time is left.

It is very important to keep the original invoice and give it to the buyer, because without it many manufacturers refuse to repair an appliance (even out of warranty). And if you're shopping: never buy a smartphone without an invoice. At best, you will be left without technical assistance if you need to. At worst, you could end up buying a stolen device and getting into a mess.

Go Up: Updated Software

I always make all possible software upgrades before reselling a device, and make a point of mentioning the system version in the description. Yes, I know the buyer can upgrade on their own, but a lot of people don't know how to do this, or even know that an upgrade is available. And mentioning the latest version of the system in the description helps draw buyers' attention. What more attractive Galaxy S8 64 GB or Galaxy S8 64 GB with Android 9?

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Updated software can be a great way to stand out and attract buyers / ANDROIDPIT

Up: Good condition

Once you buy your smartphone, put a cover and film on the screen. Thus, the device will be better protected against accidental damage, and at the time of resale you can remove these accessories and present the device in the best condition. a small investment that pays off in the long run.

Go Up: Extra Accessories

Extra accessories always value a device, especially the most expensive ones. I'm not going to pay you $ 50 more because you put a case of $ 20 in the package, but I can pay $ 70 more for a turbo charger. See the value of the accessories separately and add it to the price of the device.

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Extra accessories such as a fast charger add value to the device / ANDROIDPIT

Descends: Cosmetic Defects

Visible scratches, peeled corners, cracked plastic all diminish the value of the device. Be honest and list all possible malfunctions with photos. So the buyer will not be taken by surprise, and you will not have to deal with an unsatisfied customer and a refund later.

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Scratches and Scratches: The More Visible, the More they Devalue the Appliance / JerryRigEverything

Go Down: Cracked Screen, Bad Battery, Bad Contact

Needless to say, no? A cracked screen or blown battery takes at least 50% of the unit's resale value, if not more, according to the replacement cost of the part. I would deduct from the price you calculated above the cost of screen swapping (search for an authorized dealer or workshop in your area), plus 15% for the inconvenience the buyer will have to take the device to the repair shop. , etc.

The same thing goes for devices with a bad battery (which no longer holds the charge for long) or bad contact on the USB port: discount the average repair cost + 15%. And never, ever under any circumstances send a device with a battery blown by the post office. There is a risk that it may ignite during transport (or in the hands of the buyer) and cause serious damage. In this case, remove the battery before selling.

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Broken screens greatly lower resale value / ANDROIDPIT

Go down: appliance alone

In my opinion, a smartphone alone without the cable, charger or accessories is worth less. First, without some accessories (such as the original charger) you may lose resources such as fast loading. Second, because it gives me an impression of carelessness: the seller did not bother to store the accessories, who ensures that took good care of the smartphone?

Before Selling

Before selling your device, take some basic care. The first one cleans it well. Use a soft brush to dust off every corner, and a cotton or microfiber cloth lightly dampened with isopropyl alcohol (or a half-by-half mixture of water and white vinegar) to clean the outside. If so, use some contact spray cleaner on the USB port and headphone connectors to remove rust.

After, make a backup and format your device. A smartphone is a huge repository of personal data, and you don't want it to fall into the hands of strangers. Some people think Ah, but I have nothing important on my smartphone. Are you sure? I bet you have at least the bank app and an email account, which may be stuffed with information like your name, address, social security number, credit card numbers (on online shopping receipts) and the like.

Finally, charge the device's battery to 50% and turn it off. Why 50%? Because this is the point where lithium-on batteries are most stable, and therefore the chance of accidents during transport is smaller.

And you, have any tips for selling a used smartphone? Share your experience in the comments below.

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