Dosh Express Announce How to Make Money from Old Mobile Phones

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With the recent launch of the highly anticipated iPhone 5, demand for second-hand mobile phones has risen dramatically. In response to this, the team at Dosh Express have announced how to make a profit from selling unused mobile devices.

Act fast. Mobile phone values notoriously depreciate at a rapid rate

With new models regularly distributed, many people are likely to have a number of old mobile phones stored away which they don’t use. As such, the mobile recycling industry is expanding by approximately 25% year on year and there are now a number of specialised auction and mobile recycling sites on the web. The financial professionals at Dosh Express, renowned for their reputable payday loan services have explained how their readers can stand to take advantage of this.

  •     Act fast. Mobile phone values notoriously depreciate at a rapid rate, and can even halve within six months of launch due to technology developments rendering them outdated. For this reason it is important to consider selling your unused mobile as soon as you have upgraded.
  •     Shop Around. Different sites and companies will offer different prices for the same make and model of phone so it’s important to try and establish how much your handset is worth before beginning your quest. Using a comparison site allows users to find the best deal. It may also be worth considering Ebay. Those who are selling the iPhone 4 for example are likely to be inundated with offers. This heightened interest has led to a 400% increase in reselling since July.
  •     Look after your phone. Taking the care to look after a phone properly, even if it is coming close to the upgrade date, will put you in the best position for reselling as those in good condition stand to fetch much higher prices than those with cracked or chipped screens. However, don’t be deterred by this if your handset has seen better days as most do go through a restoration process.

Dosh Express is the Honest Lender, helping you get to payday. Based in Castle Donington, in the Midlands, the company’s mission is to provide a great lending service to thousands of our happy customers and be a great place of employment for our staff. Please visit doshexpress.com to apply for a loan, and if you are approved cash is usually deposited in your account within minutes, subject to status. Dosh Express, the trading name of Dosh Express Limited, is a consumer lender offering short-term payday loans, is a member of the Consumer Credit Trade Association (CCTA), and is licenced and regulated by the Office of Fair Trading.

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Stephen Reay
Dosh Express
(+44) 800 043 3674
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