Making your old tech investments liquid to buy new tech

If new tech devices like the iPhone 7 are on your bucket list, you probably want to make your old tech investments liquid. That’s the smartest way to get rid of them (instead of putting them in the junk drawer).

But deciding what to sell and how to best liquidate your investment can be an overwhelming process. To make things easy for you, we’ll walk you through the measures that can get you the most money for your old devices.

Here’s what you should do:

1. Sell Your Old Smartphone to Online Vendors 

You can sell iPhone 6s, iPhone 6, or older iPhone models online. Itsworthmore.com and similar websites will provide you with a pricing calculator that get you an instant quote based on the current condition of your smartphone. Some vendors that enable you to sell smartphones will give you the option of free shipping. And after your items have been inspected, you’ll be able to choose your preferred option to receive payment by check or PayPal.

2. Use Social Networks to Sell Tablets & Laptops 

Listing your old laptop and tablet for sale on Facebook, Twitter, etc. is another way of making an old device liquid. Most queries will likely come from your peers, so you’d have no issues in answering questions before the sale. You’d also avoid the hassle of packaging and shipping if the inquiries come from individuals located within close proximity. Moreover, you won’t have to pay for a featured listing, since any item posted for sale on your wall will be a type of a featured listing in itself. Of course, you can create social media ads for greater visibility, but just posting on your News Feed will work in most instances, especially if the price is lower than the market rate for second-hand tablets & laptops.

3. Host a Garage Sale for Video Games

Even though the hottest garage sale items are furniture and kids’ toys, video games can sell well as they’re something even the younger consumers are interested in. Also, parents are more open to buying video games for their kids instead of higher-priced electronics such as televisions and smartphones. Therefore, it’s time to clean out that garage and send out invites in your neighborhood/community about the video games up for grabs. Price the video games according to their popularity to make the buying experience lucrative. You’ll get more money if you sell video games before they get too outdated by a newer title’s release.

4. Use Classified Ads 

Old ways work best sometimes. Local classified advert websites are an easy way to generate some pre-holiday cash. For instance, Craigslist is entirely free to use, and you don’t have to pay listing fees. Of course, free classified ad websites offer zero to minimum financial protection, so they should be used with utmost care. There’s also the option of utilizing paid classified ad websites for greater peace of mind.

Use these resources to convert old gadgets into money. You can ensure you get the most out of the sale by giving out the original box and accessories with the device. Start using spare charging cables and headphones instead of originals; buyers pay more if devices come with original accessories that have undergone little use.