06May

Money Savvy

Where Is Best To Sell Used Tech In The UK?

There’s likely a top drawer, somewhere in your home, that currently doubles up as storage and a graveyard for all those old pieces of tech you no longer use. 

A previous version of an iPhone, an old handheld games console or perhaps a laptop that hasn’t seen the light of day in a while have likely been laid to rest in a drawer. But what if we told you that you could actually make some money from them? 

Best places to sell electronics 

Facebook Marketplace 

Facebook is no longer just a social hub, where you can catch up with everyone from your Grandma to your former best friend from primary school. If you have signed up, the marketplace section on the site offers you the opportunity to list unwanted items that you no longer have use for. You’ll find the marketplace listed under the menu section of the app, simply confirm your location and post a listing for the tech you want to get rid of and how much you wish to sell it for. 

Gumtree 

Gumtree is a classic classifieds ad style selling page, where you can list items for other people to buy. Simply sign up and post an ad, confirming where you’re based. You’ll receive messages from prospective buyers and then you can confirm the final sale price and when they want to pick it up. The great thing about selling smaller pieces of tech is that you can also post them out, so offer this as an extra to enhance your advert. 

eBay

We’ve all dabbled in eBay, whether you’ve sold an old pair of shoes on the site or have found yourself in a bidding war with other buyers. It’s a great place to bag a bargain and the ideal site for those looking for an easy way to sell any old tech or electronics. You can either set a reserve price – an amount you won’t sell the item any less for – or allow people to bid and buy at whatever price the auction amounts to. You’ll then need to post it to the winner of your auction. 

CEX

These high street stores sell everything from games to DVDs to electronics and you can trade in all that tech you no longer need or want and swap it for cash or in exchange for items in store. Simply visit the store with your tech, they’ll value it and then you can either trade it in for cash or credit to use in store. You can also buy and sell items online. 

Shpock 

This site has a local focus, similar to Gumtree or Facebook Marketplace, where you can list your item and talk directly to buyers to negotiate a price. They can either collect it from you or you can arrange to post it. 

Mazuma 

Have an old phone or tablet you’re looking to get rid of? Then package them up and ship them off to Mazuma for cashback. You can check how much you’re likely to receive in cash before you send the handset, after confirming if there are any scratches or issues with the device. When you’re ready, you then request a sales pack which includes a bag to send your mobile phone or tablet to them in and they’ll transfer you money straight into your account on the day they receive it! 

Fonebank 

Similar to Mazuma, this site is dedicated to buying and selling second-hand mobile phones. So, if you’ve recently upgraded your phone and your old device is just lying around, you can make some quick cash by sending it off to Fonebank. 

Gadgetxchange 

Similar to Mazuma or Fonebank, you simply send your device to this company and they give you money in exchange.

Preloved 

Another classified ads style website, Preloved is where you can sell your gadgets and tech on by creating a listing and selling to local people. 

Music Magpie 

The site started off as a simple CD and DVD buying site but now you can sell them everything from games to mobile phones, books and even LEGO. You can also sell  electronics including laptops, games consoles and smartwatches to Music Magpie. They work similarly to Mazuma and Fonebank, you tell them what you want to sell, send it to them and then they transfer you the money. 

Cash In Your Gadgets 

Another buying and selling site, you can get a quote for the gadget you want to sell, have it picked up by a courier and then get paid by PayPal or bank transfer. Cash In Your Gadgets buys mainly laptops and macbooks, as well as all in one desktop PCs. If your gadget arrives their end and they don’t think they can sell it on, they’ll return it to you free of charge. 

Rebuy 

You can sell your old mobile phone to Rebuy. They’ll give you a quote and if you think it’s fair you’ll then you send your item to them and receive the cash! That means if you’ve had an upgrade recently, you can get some cash back for that old phone you no longer have use for. 

Envirofone 

Envirofone has purchased old mobiles from over 4 million people! They accept damaged phones and you’ll get free postage so you can ship your old handset to them. Once they receive it, they’ll pay out what you’ve been quoted if the phone matches your description. Easy! 

Tips for selling used tech 

If you’ve never sold your used electronics online before, take a look at our tips below. 

Check out a comparison site first 

We have highlighted just a few of the many sites that will buy electronics from you and so you may be unsure which is the best and will give you the highest payout. Take a look at a website such as sellmymobile.com which compares offers from some of the biggest buying and selling sites on the internet, to help you work out who may offer you the best price per device. 

Follow these steps to increase your chances of a sale 

  • Be honest – If your electronic device isn’t working as it should, ensure you add this detail into your listing. The buyer won’t be happy if it arrives and it isn’t working properly and you’ll either have to refund them or receive a negative review that could impact your ability to sell more electronics later. You’ll also receive less money if you’ve decided to use an electronics buying and selling site. 
  • Take lots of pictures – People want to see the device, so take lots of pictures from all angles. 
  • Take a picture of the device turned on – Prove that it turns on and works, with a picture showing this.
  • Don’t set the price too high – Look around at what other sellers are offering their similar used electronics for and don’t bump your price up significantly. You need to be competitive to encourage people to look at your item for sale. 
  • Offer postage – If a buyer is interested but doesn’t live locally, offer postage as an additional option. You’ll need to add a little extra money to the cost of this, to cover your time and travelling to the post office, but it’s a great way of securing a sale! 

Now, it’s time to get selling! Clear out some clutter and enjoy the cash by selling your used tech and electronics.