by Kristina on March 5, 2015 · 0 comments, phone upgrade, selling cellphones, buying cellphones, gadget upgradeGood morning Dinks.  Let me ask you a question, are you one of those people who always has to have the latest technology?  Or better yet let me ask you another question, how many iPhones have you had?  If you’re a loyal Apple fan and have upgraded from the 4 to the 5 then to the 5s and finally the 6 maybe you do always want to have the latest technology – or at least the latest Apple products.

Upgrading your phone every two years when your contract is up seems pretty reasonable to me, but upgrading every 6 to 12 months just because a new model came out seems a bit excessive.  But what do I know, I have the iPhone 4s.

Would you sell your cell phone?

I’m not judging, not at all.  We all need to spend our money somewhere right?  I like to travel.  Some people may think spending money on travelling is a waste when they could get a new cell phone for the same  price.  Whereas I think why would I spend $600 on a new cell phone when I could book an extra long weekend trip for the same price?!  To each his own.

The business of buying and selling used cell phones is big money.  Entrepreneurs like have cashed in on the fact that people like to upgrade their technology as often as possible.  I think it’s brilliant for two reasons: first it lets people earn a little bit of money from their old cell phones when upgrading and secondly it makes refurbished cell phones affordable for people who can’t afford to buy the newer models.  In my opinion it’s a win-win.

How much is your old phone worth?

If you’re going to waste money on a new cell phone a.k.a. upgrade unnecessarily, why not make a little bit of money on it at the same time?!  That way it’s not a total waste.  I say that because in my opinion people should only upgrade technology when theirs is broken, not just because a new model is available.  However my boyfriend Nick, millions of people worldwide and the Apple corporation disagree.

My cell phone contract is up this summer and at that time I’m able to choose a new phone.  I actually don’t believe in paying for a phone and for the monthly service so I always take a contract that gives me the latest model for $0.  The iPhone 5s was available when I got my cell phone but because it would have cost an extra $200 I opted for the no fee 4s.


I figured I would use to make a little extra pocket money when I upgrade.  I mean why  not, my other options are to throw it out (which I don’t think you’re supposed to do) or recycle it (which doesn’t come with a cash bonus) so I opted to sell it.

The website is very easy to use.  All you do is plug in the model of the phone you want to sell and a list of buyers are populated with prices and payment processing times.  The market value depends on the condition of your phone, obviously the better condition the higher the payment.  My iPhone 4s in good condition is worth $64.  That’s $64 more than I paid for it.  Sold!


Like DINKS? Subscribe!


Subscribe to get the latest DINKS Finance content by email.

Powered by ConvertKit

{ 0 comments… add one now }

Leave a Comment

This blog is kept spam free by WP-SpamFree.

Previous post:

Next post: