Used Mobile Valuation – How to Get Best Resale Value on Your Used Mobile?
People nowadays have made switching phones a habit as each phone has some different features and functions. It enabled the pre-owned mobile market to flourish and have created a wide base of customers as well. Online shopping sites have included the option of mobile exchange while buying a new phone so that the phone reaches various sellers to get refurbished.
Buying a pre-owned phone is generally a choice of people who want more features in less value or who don’t want to damage their savings but still want a phone with good condition. Many factors like features, storage, and condition determine the price of a phone. Moreover, it depends on the customer preference as well. Overall, if you see a survey there are 225.4 million units of used mobile sold in 2020 with a total market valuation of US$ 49.9 Billion. According to a report published by Financial Express, India becomes the fastest growing and second biggest market for second hand smartphones.
Before a person decides to buy or sell a used phone they should use used mobile valuation tool using online platforms enabling to do so.
Check Used Mobile Price By Brand To Know Estimate Market Value:
Various online websites offer people to check the worth of their mobile and you can simply check the price by the brand or model of your phone. The process is quite simple, for instance- you want to check second hand iphone price, you have to enter the basic details like phone age and condition. After entering the details website will show the price one can get for the particular device. Determining the price of a certain mobile phone is necessary because one then has a clear mind about the calculations regarding money.
It further helps in negotiating the perfect deal with either the buyer or seller in case they offer to buy or sell phones respectively at a lower price. One can easily make them understand about the actual price and hence avoid the loss.
Things to consider getting the best deal for used phone:
- Waiting the Value to hit its Peak
The timing of selling the phone matters a lot. Each year, a wave of new phones hit the market but within a year, their prices go down drastically. Hence, the best time to sell a particular phone is within one year of purchase. That’ll be giving the seller almost the same amount for which the phone was bought.
Unlike the above situation, a person has to look for a model that is more than one year old. That will be having a significantly lower value than the brand new phone. The model would be having little outdated features, but it would work. The buyer has to compromise with some particular functions while purchasing a second-hand phone.
- Focus on the condition of the Device
Check if there is no physical damage to the device as it would lower the price value. Look at all the parts of the mobile thoroughly including headphone jack, charging port, SIM slot and more. If any physical damage is there, make the necessary repairs and then sell the phone.
While buying a pre-owned phone, the person must check the physical condition of device, so make sure that to maintain the good condition of your device. Maintaining the phone keeps the functions of the phone intact.
- Addition of some Extra Material
Look for adding extra things to the mobile. Selling only the phone will give you lesser value. Instead buy the original accessories like headsets and charger and sell them with it as well. This would add value to the phone and you would be able to sell the device with a slightly higher price as well.
Low cost additional items such as screen guards, mobile cases, mobile stands can also be included so that the sale value can increase further. The chances of selling your old phone would be increased as the customer would be getting all the mobile related things at one place.
- Opting for Local Markets
To contact the nearby buyers, relying on the local market is the best choice. One may give advertisements in local newspapers or print pamphlets containing the information of the device meant to be sold and circulate it in the neighbourhood. Social media platforms could be of a great help while locating the buyers staying nearby to you.
Local market also involves selling the phone to a certified dealer and getting the cash in exchange. Remember to check the current price of the phone online to negotiate better. Used mobile valuation tool by OBV has made this task easy as it just needs some basic details of the phone and displays the price.
- Selecting Trusted Websites
Numerous websites also offer the option of exchanging the current cell phone while buying a new phone. The person can also sell the phones using these websites but make sure to opt for the ones having a good name in the market like Amazon, eBay etc.
Many online sites claim to sell old phones but they are not the genuine ones. Beware of such people.
The Conclusion
Buying a used phone may make it slightly difficult for the user to utilise the functions the device has. Either the person has to make repairs or have to work with the existing problems. Often, second handed phones need regulated repair work due to some issues that never end and becomes a frustration for the user to repair the device again and again.
Make sure to go through the valuation of the phone first and then decide the price for which you either want to sell or buy.
