Where To Sell It
There are generally 4 channels where you can sell your phone to:
Carousel, Gumtree, and Hardwarezone are platforms where you can sell your device to the end-user.
This method commands the highest value as there are no middlemen to take any cuts off the margin. However, you have to consider the downsides of this approach. Is it worth your time? Will your data be breach in the hands of a stranger? Is the person who offers a high price a genuine buyer or a scammer?
If you are not a techie or someone who cannot afford to waste time answering one thousand and one questions from strangers, we suggest you to forgo this option.
Handphone Shop (typically in Heartland area)
These are the shops (some are counters) that set up in heartland areas such as Ang Mo Kio, Toa Payoh, Tampines, etc. The shops are set up less than a stone throw away from each other, and this causes intense competition to grab customers from each other.
You can walk from shop to shop to seek the best deal for your device, provided you can spare the time and endless bargaining for 'best price'.
Manufacturer or Telco Trade-in
This is one of the most straight forward ways to get some value from your phone. Received the new phone from manufacturer or telco, transfer data over from old phone, send your old phone back to them, received cash.
However, there are two factors to take into consideration. First, you do not mind the low trade-in value. Secondly, it is a trade-in scheme which means you have to purchase a new set before you can sell your used phone. This method will not allow you to sell for extra cash.
Having examined the issues from traditional channels, online ReCommerce, SellUp, has offered an alternative to resolve two main concerns of sellers – convenience and competitive buy-back price.
SellUp provides an online evaluation tool to get an instant quotation based on the condition of the phone. Afterwhich, a list of buy-back price will be presented for selection. The prices are offer by Registered Secondhand Dealers in Singapore to ensure seller's safety and authenticity of the buyer. Lastly, simply books an appointment to walk-in to stores or on-site collection at the seller's home or office, and cash will be payable on the spot.