Christmas is one of the most exciting times of the year, but is without doubt the most financially straining, and it can be difficult to pay for all the expenses that come along with the Christmas holidays at once, with so many presents to buy, decoration to shop for and big meals and parties to prepare for.
Many people struggle to make ends meet in the Christmas period, an though it can be tempting, asking the bank for a loan should always the absolute last resort. Don’t panic, though, there are several ways that you can raise quick cash and with the right methods, you can really help fund Christmas.
Selling your old tech is a foolproof way to make money, fast. People are always looking to buy technology, and even more so in the Christmas period. It is irrelevant if the model is a few years old. At the right price, people will buy it, and the better the condition the higher you can mark it.
Laptops, smartphones and tablets are amongst some of the biggest sellers in the run up to Christmas, and increasingly, people are happy to buy second hand even when it comes to gifts, as retail prices are so high. Game consoles and electronic reading devices are also big sellers and a great way to make some quick cash. If you don’t sell in time to fund the Christmas expenses, you can at least give yourself a nice boost in January when the bank account is looking a little sad.
The best way to make money selling your old tech is to keep old models of mobile phones in perfect condition and when it is time to upgrade to the latest model, put the old one straight on the market. This is something many people do in order to pay for their contracts and with makes like Apple and Samsung, can even end up making a big profit. Always buy glass protection and keep phones in a case to keep them like new, and store the original box in a safe place. If you have all the original accessories, such as the charger and headphones, this will really increase the value of the mobile phone, as when they are perfectly presented, people will buy second hand goods as Christmas presents, too.
Online sites such as eBay and Preloved are great places to advertise your old tech for sale, as well as applications such as Wallapop. If you are not keep on selling online, or don’t want to wait for people to show interest and bid on items, another good option to get instant cash is to trade in the goods. You can do this in places such as CEX and Music Magpie, who will give instant cash in hand for laptops, smartphones, tablets and games consoles.
With smartphones, the price offered depends on condition and capacity. For a Samsung Galaxy s8 64gb, for example, Music Magpie pay £330 if it is in good condition, and in this case, you don’t have to have the original box, charger or accessories. They will pay the same price. For a galaxy s8 with dual SIM, Music Magpie pay instantly £365. This can be a more attractive option than listing the phone on eBay, where there is a lot of competition and auctions end around the same price that places like Music Magpie offers upfront.
Another reputable trade-in store is CEX, though the prices they offer are a little lower than Music Magpie, and in this case, you could be better off selling on eBay. For the Samsung Galaxy s8 64gb, for example, they pay upfront £307, £23 less than the other option, and for the iPhone 5, around £60 to £80.
Just head to the web page, here, to start selling your old tech and to start paying off those Christmas bills, or get listing on second hand websites and auction pages.