What can you do with an extra $10, $20, $50, or $100? Will you buy pizza or McDonald’s, put it towards emergency savings, or invest in the stock market? Well, the choice is yours, but the fact is, we all have something we can do with extra cash.
In 1980, for example, Apple’s initial public offering (IPO) price was $22 per share. At the time, $100 would have bought 4.54 shares. In 2019, the stock closed at $293.65 per share. As a result of the stock splits, an investor who invested $100 now owns 254 shares valued $74,587. It was as simple as that!
In any case, it’s easier said than done, so what’s the point of the story?
Today, people have an old or broken MacBook, iPhone, iPod, or Apple Watch collecting dust somewhere in a drawer or closet. According to a , people have five or more old mobile phones lying around their house. You can sell old electronics for cash and make a small investment that makes money.
Here are some ideas for repurposing obsolete electronic devices:
- Allowing old electronics to sit will clutter your home and cause them to degrade.
- Throw away: Throwing old electronics in the garbage will hurt the environment, your pocket, and the overall economy. For instance, Americans dump phones containing silver and gold to the tune of $60 million every year! That’s bad for the economy. of e-waste are dumped in landfills every year.
- Resell used gadgets for cash: Selling used devices for cash is a smart decision. Instead of letting little goldmines sit in your closet, I’d rather have the money grow in value in my investing or savings accounts.
Where can I find used electronics in my area?
Short Answer: There are a variety of local and internet locations where you may sell your old electronics. The best places to trade in used electronics for cash are Amazon, Walmart, Apple, Best Buy, and GameStop.
The top places to sell old electronics online include uSell, Nextworth, ItsWorthMore, Gazelle, and BuyBackWorld. If you want to sell used electronics nearby, consider Facebook Marketplace, OfferUp, eBay, Craigslist, and other websites, such as Craigslist.
Even broken electronics have a monetary value. EcoATM kiosks, for example, are a good way to sell defective devices locally. If you can’t find a buyer for your old electronics, recycling them for free is preferable to dumping them in landfills. Best Buy and Staples are two of the most popular locations in the area that accept old or broken gadgets for free recycling.
Where Should You Sell Your Used Electronics?
The best places to sell old devices for cash are through a trade-in program like Amazon, which is convenient but pays less, or through online classifieds, which pays more but requires more bargaining and takes longer. EcoATM, which operates in 48 states, buys defective electronics and pays cash on the spot.
As a result, choose where to sell secondhand electronics is a personal decision. The correct response is determined by your priorities: time and convenience vs. money.
To help you make an informed decision, we’ve compiled a list of the top locations to sell electronics near me, online, through trade-in programs, and for free recycling.
Trade in your old electronics for cash.
The trade-in programs that pay for your stuff are a simple process. But the trade-off is that you get less money for your old gadgets vs. taking the time to shop around for a buyer. The convenience can be worth it, especially if you’re not a good salesperson.
You can either visit a nearby trade-in store location or accept an online offer for your device from the company. Then, send your stuff for inspection to verify its condition. If it meets the provided conditions, you’ll receive cash or store credit as compensation. In addition, most trade-in programs offer store gift cards to use and buy items of your choice in the store.
The following are the best venues to trade in used electronics for cash:
1st. Trade-In on Amazon
Processing Time: After Amazon gets the used electronic equipment, it takes about two business days to process them.
Amazon gift card is accepted as payment.
Amazon accepts many electronic devices, including wireless routers, security cameras, and video doorbells. To sell your old electronics with , do a quick search for accepted electronics and enter item specifications like screen size, storage, device condition, and more.
Amazon will make an offer based on your description and the item’s condition once you’ve described it. If you accept the offer, Amazon will send you a free shipping label to return the device.
The used electronics will be received and inspected by Amazon associates. The offered amount will be placed onto an Amazon gift card if it matches your original description. If your item is more value than originally described, Amazon claims to pay more.
Not everyone is tech-savvy, though. Plus, you’ll find it a hassle to get an offer online at Amazon if you don’t obtain access to the internet for free or at a reasonable cost from the comfort of your own home. But, again, not everyone has benefited from a laptop or free government internet, and selling online can be an obstacle.
Amazon provides a where you can take used Amazon devices and select phones to resell for an Amazon gift card.
The downside is the money will be locked in your Amazon account if you sell old gadgets via the Amazon trade-in program. That shouldn’t be a big issue if you are an Amazon shopper, but it can be a factor if you like shopping for the Foods to buy on a budget that are the cheapest at your local Walmart.
Consider using the Amazon gift card to buy one of our reviewed items, including a deep cycle battery, For hardwood flooring, slippers, the the most effective recumbent exercise bike, or the best water filter for faucet.
2. Inventive+ phrasing Trade-In Program at Walmart
Payment will be made once the used gadgets have been received and validated at the warehouse.
Gift cards from Walmart are accepted as payment.
Old electronics you can sell through the include wearables, speakers, tablets, laptops, cell phones, voice speakers, and game consoles. First, describe and enter the specifics of your items. Then Walmart will give you an offer and email you a shipping label to send the used gadgets. The items will be evaluated and inspected once received. Finally, the money will be loaded onto a Walmart gift card to be used for anything like a Rent a carpet cleaner from Walmart., stamps, wonton wrappers, During selling hours, alcohol, smashed ice in bags, buy dry ice, and more.
3. If you’re looking for a Apple Exchange
Processing Time: If purchased in an Apple Store, an Apple gift card is issued immediately. If Apple buys your old Apple devices online, it takes two to three weeks.
Apple gift card is accepted as payment.
Other businesses’ Apple gadgets and equipment are accepted by Apple. Apple Watches, MacBooks, iPads, iPhones, Macs, Android devices, and more are among the top devices that can be traded in through the Apple program. For older equipment and devices that do not have a trade-in offer, such as Air Pods or iPods, the company also offers free recycling.
The may take up to three weeks. A faster alternative is to take your item to a nearby Apple store to get store credit instantly. Either way, the money will be loaded onto an Apple gift card to be used toward the purchase of new devices, Apple Music, or the Apple App Store.
a. Trade-In Program at Best Buy
Processing Time: If purchased at a Best Buy store, you will receive a Best Buy gift card immediately. If you mail used electronics to Best Buy, it takes seven to nine days.
Gift cards from Best Buy are accepted as payment.
Digital cameras, wearables, laptops, cellphones, gaming systems, game consoles, iPhones, iPads, and other electronic devices are accepted in the Best Buy electronics trade-in program.
Simply use the and select your product category, manufacturer, model, and condition. You’ll receive an offer once the value of your gadget is estimated. Then, mail in your device once you accept the offer. Money will be loaded onto a Best Buy gift card within nine days.
Alternatively, take the item to the nearby Best Buy store to get an instant gift card. The downside is that Best Buy participating in the local evaluation program.
a. Trade-In Program at GameStop
Time to Process: Get paid right away.
Payment Method: Cash or a 10% bonus for a GameStop gift card.
The good thing with is that they give you an option to receive instant cash or store credit for your old gadgets. The GameStop trade-in program accepts gaming systems, video games and accessories, tablets, smartphones, and other devices.
Simply take your used electronics to the nearby GameStop store. An employee will assess the devices. If they’re in acceptable condition, you’ll receive cash compensation. You can also opt for a GameStop gift card. If you’re a GameStop reward member, you’ll receive extra 10% store credit for trade-in items.
Electronics for Sale on the Internet
The disadvantage of using a trade-in program to sell obsolete equipment is that you are limited to store credit. As a result, you won’t be able to spend or invest your money as you like.
If you want more flexibility with how you spend the money, you’ll have to be more aggressive and sell used electronics online. You will most likely make more money if you sell obsolete electronics online.
The following are some of the best places to sell your old electronics for cash:
Processing Time: You can pay for 24-hour expedited processing after the device(s) are received, which usually takes 72 hours.
Payment options include Zelle, PayPal, or a mailed business check.
Cell phones, tablets, laptops, desktops, watches, and other secondhand electronic items are all available for purchase. To evaluate the condition and value of your gadget, you must first answer a few questions. After that, you’ll get a proposal. If you accept, you will receive a free shipping label.
At the checkout, select whether you wish to receive money via Zelle, PayPal, or a paper check. The average shipping and processing period is 72 hours after receiving your things, however you can pay $15 for expedited two-day shipping and 24-hour processing.
Your purchases will be thoroughly scrutinized for flaws. You’ll be provided a new offer if there are any flaws. You have the right to ask for your device back if you believe it isn’t being treated fairly. Otherwise, the amount of the offer will be credited to the payment method you selected.
After clearing inspection, processing time is 48 hours.
Payment Method: BuyBackWorld gift card, PayPal, ACH direct deposit, business check, or prepaid debit card
buys iPods, computers, drones, game consoles, tablets, phones, headphones, cameras, and other outdated electronic gear. Acceptable devices are often stated on the website, however custom estimates are available for gadgets that aren’t listed.
Once you’ve received and accepted an offer, send your devices to ByBackWorld to be inspected for flaws, breakage, or other issues. If it passes, the agreed-upon amount is transferred to your preferred method of payment. Alternatively, you’ll receive a revised offer, which you can accept or reject, and your item will be returned to you.
Shipment and evaluation take 7-10 days, after which the payment is completed the next business day. Direct deposits usually clear three business days after they are initiated, while mailed business checks usually arrive within 10 days.
Direct deposit or business check are the two options for payment.
has made a name in the electronics recycling world as a place that pays well with an easy selling process. The site accepts anything electronic, including CDs, games, books, legos, cell phones, and more. It’s also a rare Where can I buy and sell vinyl records online?. No wonder the recycling giant boosts over 5 million happy customers!
Decluttr is a website and mobile app that allows you to sell unwanted devices. To get an instant quote, simply enter the item you wish to sell, the model, any included accessories, and any other relevant information. Decluttr will offer you a prepaid mailing label to send your electronics if you accept.
After an evaluation, you’ll be given a revised trade-in offer that you can accept or reject, and your device will be returned to you free of charge. Instead, Decluttr will pay you via direct deposit, PayPal, or business check. You can also donate the earnings to a charity of your choice.
Payment will be made once the used gadgets have been received and validated at the warehouse.
PayPal or a check by mail are the two options for payment.
If you own used electronics from Apple, Samsung, or Sony, is a convenient place to sell them for cash. Simply enter your item’s specifications to get a quote. Then mail your items using the prepaid shipping label for inspections. Once verified, you’ll get paid for your used electronics from Gazelle via PayPal or paper check.
Payment will be made once the used gadgets have been received and validated at the warehouse.
PayPal or a corporate check are the two options for payment.
is a great place to sell used electronics, including smartphones, tablets, laptops, wearables, action cameras, and more. Unfortunately, they do not accept CRT monitors, vertical monitors, tower computers, televisions, or You can make money for your old refrigerator if you sell it..
It sends you a free shipping label for your items and makes you an offer. After the verification process is completed, NextWorth pays for outdated gadgets with PayPal or a paper check.
Payment will be processed within five business days of receiving the used electronic gadget.
Payment options include PayPal, Amazon gift cards, and mail-in checks.
There is no shortage of used electronics you can sell on , including iPhones, cell phones, cameras, computers, and other tech devices. The online buyer of used electronics makes you an offer and emails you a free trackable shipping kit to send your devices.
uSell offers you the option of receiving payment by PayPal or a business check. You will be paid in 5 business days after your items have been inspected and approved.
You’ll get regular email updates on the status of your sale.
How to Sell Old Electronics on the Internet
Here are some pointers to consider if you decide to sell your secondhand electronics online:
- When you put your devices up for sale, do some research online to see what similar goods are going for. This will give you an estimate of how much your electronics are currently costing.
- Describe your products as correctly as possible: When listing your items, be as specific as possible about the condition of the gadget so that potential buyers know exactly what they’re getting.
- Take quality photos: If you want to sell your things on the internet quickly, you’ll need to have high-quality photos. Make sure to show all sides of the device and take close-ups of any damage or wear and tear.
- Employ a descriptive title when listing your goods: When listing your item, use a descriptive title to help consumers comprehend what they’re getting. For instance, consider the Samsung Galaxy S9 Plus in Good Condition.
- Package things together to save on shipping costs: If you’re selling many electronics, try grouping them together to save money on shipping. This will make it more appealing to customers and may result in a faster sale.
Reply to communications as soon as feasible: If a customer approaches you regarding an item, you should respond as soon as possible. This will demonstrate to them that you are serious about selling your products and that you are a reliable vendor.
Where Can I Sell Used Electronics Near Me?
If you want to build a side hustle selling old electronics, selling stuff locally is the way to go. First, you’ll make more money cutting out the middleman. Second, electronics are one of the Things to flip for a profit are the easiest to come by..
Here’s a list of the finest places in the area to resell unwanted electronics for quick cash.
After the buyer verifies payment, processing time is usually 1-3 business days.
Checking account is the preferred method of payment.
comes to mind when you talk of selling anything online, and for a good reason. First, it’s natural to think of eBay since about are listed daily on its marketplace.
That makes eBay a top place to sell your used electronics, cut out go-betweens, and make money fast. The good thing is, you can sell almost anything at eBay. You can even sell broken electronic devices with cracked screens.
Make a seller account and post your products for sale to the rest of the world. You have the option of putting your stuff up for auction or buying them right now. When selling unique electronics or for a speedy sale, the auction option is ideal. For fixed-price listings, the Buy It Now option is ideal.
Make sure you and shipping fees when pricing your items. Then, optimize your eBay product descriptions to make your items outrank the competition.
If the buyer authorizes the payment, the money is paid into your checking account within three days.
13th. Facebook Marketplace is a platform that allows you to sell
Payment was made in cash and took a long time to process. You’ll be paid 15-20 days after the item is dispatched with a tracking number or five days after delivery confirmation if you’re shipping.
Payment Method: PayPal, Venmo, Cash App, or cash
is an online place to sell used electronics near me through local groups and community pages. You can even sell broken electronics on Facebook Marketplace. Nearby sellers use terms like Porch Pick Up (PPU). Once you put your item on the porch, all you need to do is schedule pickup and transfer the money.
You may need to offer shipping or local pickup for your larger electronic devices, depending on the type of electronic device you’re selling. Selling fees apply to items that need shipment and a checkout process.
Processing Time: If you’re exchanging a product in person, it’ll take a while.
Payment Method: Cash, PayPal, or personal check
On the online classifieds platform, there are many buyers of used electronics.
Gaming consoles, headphones, drones, smartwatches, CB radios, home security systems, copiers, iPod Classic, Atari VCS, Texas Instruments Speak & Spell, Hewlett Packard watch, Nintendo cartridges, Bakelite phones, Sony Walkman, Nintendo Game Boy, ColecoVision, VHS to DVD converter machine, Blu-ray player without Cinavia protection, ancient typewriters, record players, and more are just a few examples of vintage electronics worth money.
Simply post a free ad on Craigslist and wait for responses from buyers in your area. Keep in mind that Craigslist has a bad image for crooks. Avoid accepting personal checks and meet purchasers in public areas.
The advantage of selling on Craigslist is that you won’t have to pay listing fees, and you’ll probably make more money without having to pay commissions to middlemen. Broken devices can also be sold on Craigslist because customers are looking for spare parts or are willing to conduct their own repairs.
Processing Time: If you’re exchanging a product in person, it’ll take a while.
Cash, PayPal, or a personal check are all acceptable modes of payment.
is a Craigslist alternative. The mobile ads app is available in multiple cities across each state, making it simple to sell used devices close to home. Furthermore, there are no seller or listing fees, and there are no middlemen. As a result, your profit margins are increased.
Be cautious where you meet buyers and the payment methods you allow, just like you would on Craigslist. The good news is that the site charges for shipping and allows you to sell defective electronics anywhere around the country.
When compared to Craigslist, the advantage of using OfferUp is that you don’t have to publish your name, phone number, or email address in your listing. In addition, compared to Craigslist, the interface is far more user-friendly and incorporates a buyer rating system, which improves the number of legitimate buyers and sellers.
Near Me, I Can Sell My Broken Electronics For Cash
While many of the companies listed above buy secondhand electronics, it may be difficult to sell broken items. Here’s the easiest way to get cash for broken devices in your area:
Time to Process: Get money right away.
Cash is the preferred method of payment.
takes all types of outdated phones. Only cellphones, tablets, and MP3 players are accepted at the kiosks. It will buy broken smartphones from Apple, Samsung, Amazon, Google, Motorola, LG, ZTE, and other manufacturers.
There are more than 2700 ecoATM recycling kiosks across the country. ecoATM kiosks are located in national and regional retailers such as Walmart, Target, Kroger, Dollar General, Family Dollar, Payomatic, Food 4 Less, Winn-Dixie, and Publix. To avoid guesswork, use the to find the nearest kiosk. Some retailers and Grocery stores are open 24 hours a day, seven days a week. which means you can sell your old electronics 24-hours a day if you live nearby.
Locate a local kiosk and drop off your old smartphone there. The system will evaluate the device and make you a recommendation. You will receive an immediate cash reward if you accept the offer.
The ecoATM kiosk cannot be manipulated by you or anyone else. Before receiving the payment, you will be needed to submit a valid ID, a thumbprint, and be photographed. As a result, anyone attempting to sell stolen equipment will be apprehended.
Where Can I Get Electronics Recycled Near Me?
It is not possible to resell everything. Certain electrical gadgets may be too old, obsolete, or irreparably damaged to be repaired. In that situation, recycling your old electronic equipment is the next best option for getting them off your hands in a safe and environmentally friendly manner. Even if you don’t get paid, you’ll feel good about rescuing the environment from hazardous contaminants.
The following are some of the best places to recycle old electronics for free:
All types of e-waste are recycled at Best Buy. It makes no difference how old or large your electronics are. Simply take your items to a nearby Best Buy to recycle them for free. In the United States, there are approximately 955 Best Buy locations.
You can easily find a store nearby using the .
Any of the following electronic gadgets can be recycled at your local Best Buy store:
- TV and video
- Computers and tablets
- Cell phones
- Ink and toner
- Video games and electronic devices
- Cameras and camcorders
- GPS and audio in the car
- CDs, DVDs, and jewel cases in plastic
Every minute, the Best Buy recycling program collects nearly 400 pounds of merchandise for recycling, regardless of where it was purchased.
There are more than 1,050 Staples stores across the country. Almost all Staple locations accept electronics for free recycling every day when the stores are open. Unfortunately, you’ll only find a few smaller-format stores in Washington DC and New York City that don’t have a recycling program. Use the to find a location nearby.
The following old electronics will be recycled by Staples:
- Cable/satellite receivers
- DVD/CD/Blu-Ray players
- Coffee machines
- Cordless phones
- Digital cameras
- Gaming consoles
- Hard drives
- Mobile phones
- Stereo receivers
- Battery backup devices
Electronics Recycling Has Its Advantages
Recycling electronics has numerous advantages, including conserving natural resources, decreasing pollution, and assisting in the clean-up of landfills.
Saving Natural Resources
The production of these gadgets necessitates a large amount of natural resources. You are conserving natural resources such as trees, oil, and metal by recycling them. We can also repurpose these materials to prevent them from being squandered on new electronics.
Recycling electronics contributes to a reduction in the quantity of pollutants produced. When you recycle a computer, for example, you lessen the quantity of pollution emitted into the atmosphere.
When electronics are made, hazardous chemicals are released into the air. We can repurpose the resources and reduce pollution in the environment by recycling them.
Keeping Landfills Clean
Recycling electronics contributes to the clean-up of our landfills. When you recycle a television, for example, you lessen the amount of space it takes up in a landfill.
Electronics are not biodegradable when they are manufactured. We can reuse the materials and reduce the amount of waste in our landfills by recycling them.
What are the Greatest Selling Techniques for Used Electronics?
Here are the greatest tips for making the most money when selling your used electronics:
- Best Honest Be open and honest with potential customers regarding the state of your electronics. If they’re scratched, include it in the description or snap photos to demonstrate the damage. If you lie about the state of an item, it will be rejected for review, and you will have to pay to have it returned, as well as receive negative feedback.
- Make a good first impression by keeping your equipment clean and clear of dust, debris, and fluids. Buyers will be put off by filthy electronics and may reject them.
- Sellers who have good images of their products have a better probability of selling them. Capture photos from various angles that are crisp and well-lit. Allow no obtrusive or filthy backgrounds; they represent the product and you.
- Original Packaging To earn additional money, include any original packaging. The original box, charger, cords, and instruction manuals are examples of packaging and accessories.
- Time is Money – The longer an item sits on the market, the less it’s worth. Sell your electronics as quickly as possible to get the most profit. Sometimes, it’s easier to sell it directly to a company for a little less money vs. haggling with someone on Craigslist and Craigslist and other similar sites.
- Check Fees – Before you sell your product, make sure to research the various selling fees associated with each site. For example, eBay and Amazon both have different selling fees, and PayPal charges a fee for every transaction.
- Always utilize a trackable shipping service and provide the buyer with the tracking number when mailing your merchandise. This provides them with the assurance that their product is on its way and will arrive safely.
Overview of Where to Sell Old Electronics
That concludes the discussion. If you don’t have time to find purchasers, use trade-in programs such as those offered by Walmart, Amazon, GameStop, Best Buy, and Apple. Although you’ll be limited to store credit and receive less money with trade-in schemes, you’ll save the hassle of finding purchasers.
If you want a bigger payout and flexible payment options, consider selling your old electronics through sites like NextWorth, eBay, and ItsWorthMore. Craigslist, Facebook Marketplace, and OfferUp to sell old electronics nearby. Look for an ecoATM kiosk at retailers, grocery stores like Publix, malls, dollar stores, and more that buy broken phones.
Even if your old devices are worthless, recycling programs offer a safe way to dispose of them. Best Buy and Staples are excellent sites to recycle any form of e-waste for free.
After you’ve sold your old belongings, invest or save sensibly. Even $10 or $20 from an old smartphone or printer might be worth thousands in 20 years if invested wisely.