How to Cash In on Your Old Electronic Devices

Let me ask you, how many of your electronics are just laying around the house and of no use to you? I must admit I love my electronics. I am no techy, but when a new cell phone comes out it does peak my interest.

So, I run to the store, make my purchase, and then the store clerk tells me my old device is obsolete and not worth anything. Well guess what, in many cases the store clerk is dead wrong! Don’t be so quick to throw those old models in your bedroom drawer. Here are some ways you can cash in big time on those devices.

Who Wants My Old Electronic Devices:

1. Amazon is a great resource. They actually have a trade-in program and it offers credit for the return of your electronic devices.

Tip: Amazon will require you to provide them with an accurate description of your electronic device. Once you do that they will give you an offer. If you accept their offer you then mail Amazon your electronic device and they even pay for the shipping. Once your electronic device reaches them and is inspected by their staff, you will receive an Amazon gift card. How awesome is that!

2. Another great option is Nextworth.com. They are not as well-known as Amazon they offer a great service as well with even more additional payment options. Nextworth offers you to receive your payment for your electronic device by check, through paypal, or even a Target gift card.

Tip: If you have a local Target store near you, you do not even have to go through the hassle of mailing your electronic device. You can drop it off and receive a gift card from Target that very same day.

3. An option that most of us are familiar with due to its popularity is eBay. A great thing about eBay is that your device does not even have to work, they still will accept it. You can also choose to receive your money through paypal by using the eBay. It takes about 5 business days to receive your money. You can also request a free paypal debit card through paypaland get your money even faster.

4. Of course an obvious option is to sell your electronic device directly. You can sell directly to another individual online and probably get more money this way. Usually when you sell to a business they have to resell it and make a profit so you most likely won’t always get a better price than if you sold it to an individual.

There are a lot of other websites as well that want your old electronic devices. Of all of the options probably the most well know is gazelle.com.

Here are some tips to consider so you can get the best price for your old electronics:

1. Once you buy a new item sell your old electronics right away. The longer you wait you risk the chance of receiving less money because your device may not be of use to anyone if it is obsolete.

2. Don’t throw away any of the accessories that came with your electronic device. If you can return the accessories as well to include the charger, instructions and even the box that the device was purchased in, you up your chances of receiving more money.

3. When you buy electronics always try to by name-brand. Did you know that name-brand items hold way more value than do generic brand. You are destined to get rid of your electronic device eventually, so why not put yourself in a position to receive money after you upgrade.

One last and most important tip that I would like to give you is to remember to remove all of your personal information before you ship your item off. You do not want to have to worry about someone else having access to your most private information.

Read more cost saving ideas and money saving tips here:

http://www.frugalsoldier.com