Cash in old mobile and boost sales spending power

Jan. 7, 2013 - PRLog -- Sales in second hand mobiles reach an all time high just after Christmas, but according to Burntwood-based SellMyMobile.com those who are quickest off the mark will get the best deals on their old sets.

To help consumers cash in on the mobile boom, SellMyMobile.com will be on-hand to offer selling tips at Merry Hill Shopping Centre until 20 January 2013.

According to Colin White, managing director of SellMyMobile.com, the UK’s number one recycling price comparison site, holding onto an old device is not wise as prices will always fall, especially after Christmas.

“The value of second hand mobile devices will always fall over time, but we often see peak periods where they can fall far faster,” said Colin.  “These are typically when new devices like the iPhone5 come onto the market, or just after Christmas when people are gifted a new phone or tablet and want to get the most cash for their old device. The high spike in demand pushes down prices faster so those that delay selling are more likely to lose out.”

Over the last three months the value of handsets traded through SellMyMobile.com has increased five-fold compared to the average for 2011.  During September the site saw £5million worth of phones recycled in the UK and US.

SellMyMobile.com compares more phone buyers than any other site which gives customers the opportunity to get the most money for their mobile.  The site’s best price guarantee means that even if customers find a better price anywhere it will refund double the difference.

Launched in 2009, SellMyMobile.com was the UK’s first mobile phone recycling price comparison site, presenting unbiased facts on the best deals available at any one time. Customers can trade all mobile phones, smartphones, tablets and iPods and once they have selected the best deal from the comparison table receive freepost materials to post on the phone.  Once the device has been checked and tested, cash payment is received within days.

Old phones are either refurbished and sold in the UK or sent for reuse in markets such as Asia, Africa and India.

Colin White from SellMyMobile.com is pictured with some of the second hand mobiles which are likely to be traded over the new year period.