A flood of used devices is expected to hit the market over the next few months as millions of people seek to cash in on their old phones, spurred by recent phone sales as well as upcoming (and highly-anticipated) smartphone releases, according to Flipsy.com, which offers a free suite of tools to help people get more money for their used phones.
The holiday season saw more than 20 million smartphone sales in the U.S., and most of them replaced older phones that can be sold or traded in. Flipsy.com says many people don’t realize that online buyback companies pay an average of 30 percent more than wireless carriers. In addition, online buyback companies pay in cash, while carriers typically pay in bill credit, applied within two or three billing cycles.
In addition to holiday sales, upcoming smartphone releases are expected to generate even more used phone trade-ins and sales.
The Consumer Electronics Show (CES) to be held Jan. 9 through 12 in Las Vegas, for example, is rumored to introduce phones like the Samsung Galaxy X (a bendable device), the Galaxy A8, the LG G7 and a Sony Xperia flagship phone.
Even more phones are expected to debut at Mobile World Congress, to be held Feb. 26 through March 1 in Barcelona, including the Samsung Galaxy S9 and S9 Edge, Huawei P11 and a new line of Nokia phones.
Add in the consistent desire for iPhones – the iPhone X and 8 series – and there’s no doubt demand for smartphone selling options is high.
Flipsy.com helps people get more money for their used phones free price comparison tools, including:
- Instant comparisons of offers from online buyback stores – see who is currently paying the most
- Blue book values for nearly any phone
- List of local stores that buy phones
- Historical price trends
- Price lock information – lock in a high price now, but keep your old phone for up to 30 days before you sell it (without losing value)
With millions of used phones hitting the market, getting the best price depends on comparing your options and selling to the right store at the right time. Flipsy.com does all the hard work, so you can see at-a-glance where to get the most money for any phone.