Earn More on Your Electronics

How to sell my iPhone for cash?

You’ve probably had your iPhone with you for a long time, and got a couple of other phones, an iPod and an old tablet stashed away in the closet. Find out if they are in a decent working condition, because, if they are, someone, somewhere in the world will happily pay good money for them.

Trade-in sites like Stopoint.com act as a middle layer, that connects those who want to sell their old electronics for money to those who want to buy them. It’s a big, growing industry. According to Gartner, the market for refurbished phones was worth $7 billion in 2014 and is projected to be worth $14 billion by 2017 - this is HUGE.

So, can you take advantage of the large second hand market for old electronics and make money from it? You are sure, as long as you know where to sell. You can sell at traditional platforms such as eBay and Craigslist, but there is no guarantee that you will find a buyer here, as there are literally millions of products on sale on these sites - which means your old electronics can get lost in the crowd. It is particularly difficult to make an impression on eBay. Plus, you are required to pay a seller fee and a fee for the listing, which cuts into 

your profit margin.

That’s why trade-in programs such as Stopoint.com are so popular. When you sell to a trade-in program, you can be sure that your old electronics will be bought, as long as it is in a decent working condition and matches your description of it. There are no back and forth conversations with the buyer, and the whole thing is pretty much hassle free. 

Okay! So where should I sell my iPhone 5s?

Let’s look at some of the popular trade-in sites where you can sell your old iPhone 5S and other tech gadgets for cash.

Gazelle - Gazelle is one of the most popular trade-in programs that has been in business since 2006. Gazelle mainly buys Apple products  sends money by PayPal or Amazon Gift Cards, depending on your choice. But here’s the problem - Gazelle takes 7 to 10 days to send your payment by PayPal, which is really quite slow. You want your money faster.

Amazon Trade-In - Amazon has a decent trade-in program, and pays good money too. But they don’t give you cash - you will be paid in the form of Amazon Gift Cards and can use the money to buy stuff on Amazon. So if it’s cash that you are looking for, Amazon is not the place to sell your old electronics.

 It’s the same with trade-in programs offered by other major retailers such as Best Buy, Target and Wal-Mart. You will be paid in store credits, and not in cash.

Swappa - Swappa is a popular site for selling old electronics, which is similar to eBay but has no listing fees. However, Swappa is a victim of its own popularity, there are millions of products on sale at Swappa; so it is very hard for your stuff to get noticed in the crowd.

Stopoint.com - Stopoint.com is a young startup that has a trade-in program that is very similar in operation to Gazelle, except that Stopoint.com offers a Price Match Guarantee, where you are guaranteed to get a higher price for your electronics than what you would get from any other trade-in program on the internet.

 While Gazelle takes 7 to 10 days to send your payment, Stopoint.com takes less than 24 hours (after receiving your old electronics) to send the payment by PayPal. You don’t have to pay for the shipping either - it’s free, as you will be sent a prepaid FedEx shipping label.

You can call the Stopoint.com customer support at 1(888) 246-4919 or email Stopoint HQ at support@stopoint.com.

Alternatives to Sending Old Electronics to Landfills

If you have old electronics that you don’t use anymore, there’s one thing you should never do – never dump electronics items into the trash. That’s because electronics contain toxic metals that contaminate the ground water. Also, the plastics used in these products add to the carbon footprint and are extremely damaging to the environment. So, you should reconsider your decision to send old electronics to landfills.

Instead, you can simply donate the item to a worthy charity or to someone in need. Or, you can have it recycled. Check out non-profits such as e-Stewards Recycler, EPA's Electronics Donation, etc. You will find recycling tips on the EPA website.

Donating your old electronics sounds like a good idea, but not a great one because, let’s face it, you get nothing in return for it, and what you really want is to sell the old electronics for precious cash. So, you can try selling the products online, on eBay or Craiglist. But here’s the problem with selling on eBay – eBay charges a seller fee and pockets a percentage of the sales price.

So what about Craiglist? Sure, selling on Craiglist is free, but there are far too many scammers on Craiglist. You really cannot trust anyone there. Sure, while a majority of the buyers here are decent people, but there are a few bad apples that really bring a bad name to the site.

There are brick and mortar trade-ins, where you are required to take the devices to the store, where an assistant will evaluate them and in return, you will be given store merchandise credit – not cash.

These programs are really beneficial to retailers, but not all that great for you because you are tied to a particular store and the credit can only be used to buy products from the store – you cannot exchange it for cash.

Apple offers such a credit as well – in exchange for old iPhones, so that you can upgrade to a new iPhone model. There are many who like this model, and while it keeps old phones and electronics out of landfills, it may not be the solution you are looking for, as it doesn’t give you what you want most – cash! These programs limit you to the products offered at a particular store, and don’t offer cash in return. 

That’s why trade-in sites such as Stopoint.com are so great. The process here is the same as that at trade-in stores, but instead of store credit, you get cash in return – which is what most people want for their phones, tablets and other electronics. 

Stopoint.com offers a Price Match Guarantee, which means it offers a higher price for your electronics than you would get anywhere else. It’s guaranteed! 

You can sell your old iPhones, Apple Watches, iPad, iPod, tablets, Apple TV, iMac, and MacBook Pro and Air to Stopoint.com. It’s just a matter of filling up details about the product on the Stopoint.com website, following which you will be sent an instant quote with a price that comes with a 30-day lock-in guarantee, plus a free FedEx shipping label. 

So just ship the product to Stopoint.com, and get paid for it via PayPal within 24 hours after the company receives the product, or within 3 days if you prefer to get paid by check.

Sure, there are other better known trade-in services such as Gazelle.com that pretty much do the same thing. But the difference is that Gazelle.com takes 7 to 10 days to send you the money after receiving the product – surely you can’t wait so long! That’s why it makes so much sense to sell your old electronics to Stopoint.com.

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Sell your old phones used electronics online for cash at Stopoint. Get the most money for your smartphones, MacBooks other electronics. Free shipping and 24-hr payment!