Where to Sell Your Phone for the Most Money (Galaxy S4 Edition)

galaxy-s5-press-image-18If you have a Galaxy S4, you may want to consider selling it if you want to upgrade to the Galaxy S5. Below are the best options to help you do just that.

With the Galaxy S5 being released on April 11th, you may be wondering when you should start looking into selling your old phone to help offset the cost of buying the “The Next Big Thing”. Device values drop over time but you have options to help you make the best decision when selling your phone in order to buy the new S5. The list that follows will help you find the best place to sell your Galaxy S4.

Sell Your Phone with eBay or Craigslist

eBay:

Payout Amount: $70 – $397 (asking prices)

Payment Options: PayPal, Check, Money Order, and others

Fastest Payment Option: PayPal or other Electronic Payment Options (Once Buyer Pays)

Price Lock: Not Offered

Reasons to Use: eBay will net you the more money than most other options but requires the most work. You must have an eBay account and hope to have feedback to help entice buyers to purchase from you. In addition to that, you must arrange and pay for shipping with the money you receive from the sale. If using PayPal you will need an account with them as well. eBay charges a listing fee as well as a final value fee which equal to about 10% of the sale price. If you are being paid through PayPal, there will be fees taken out from that as well.

Craigslist:

Payout Amount: $180 – $550 (asking prices)

Payment Options: Cash, Check, Money Order

Fastest Payment Option: Cash, Check, Money Order (Once Buyer Pays)

Price Lock: Not Offered

Reasons to Use: Craigslist will give you the best opportunity to make the most cash and get it in your hand quicker than eBay, all with no fees. Be advised that you must list the item and describe it, as well as arrange a meeting with the buyer to sell it. You will have to deal with many emails from people asking different questions and at times will ask you to adjust your price. When it comes time to actually meet the buyer, be sure to meet in a safe place like a coffee shop or bank to lower your chances of being scammed.

Trade-In Your Phone/ Buy Back Options

UpgradeSwap:

Payout Amount: $85 – $230

Payment Options: PayPal, Check

Fastest Payment Option: PayPal (Same Day)

Price Lock: 14 Days

Reasons to use: UpgradeSwap is new-comer to the game but has already made waves with its unique approach. They offer an option to get paid literally the same day you get your quote for your device and you send in your device after you get paid. They do this by using PayPal. You upload a few photos, add the serial number and description for the phone, and submit your listing by logging in to your PayPal Verified account on their site. After UpgradeSwap approves the listing, they will pay you immediately through PayPal. PayPal fees are associated with the price so keep that in mind. They also offer a paid by check option for those who prefer the easier route, but this will require you to send in your device first. UpgradeSwap offers a 14-Day Price Lock Guarantee if you choose to get paid by check. A free shipping box and return label are included with ever order placed.

Gazelle:

Payout Amount: $50 – $193

Payment Options: PayPal, Check, Amazon Gift Card

Fastest Payment Option: PayPal / Amazon Gift Card (Approximately 7 Days)

Price Lock: 30 Days

Reasons to use: Gazelle has been around for a while and they practically are a household name. Gazelle makes it easy to sell your device and will give you a quote quickly just like the other buy back sites. Gazelle offers a 30-Day Price Lock Guarantee. You can choose multiple payment options but if you choose PayPal, remember fees will be involved. A free shipping box and return label is included.

uSell:

Payout Amount: $46 – $182

Payment Options: PayPal, Check

Fastest Payment Option: PayPal (Approximately 7 Days)

Price Lock: Varies by Seller

Reasons to use: uSell, just like Gazelle, has been in business for a while. uSell takes an approach which involves comparing different buy back companies to give you a list to choose from when wanting to sell your device. You can choose to get paid by PayPal or check. PayPal fees will be involved if you choose that payment method. A free shipping box and return label is included.

Nextworth:

Payout Amount: $33 – $128

Payment Options: PayPal, Check, or Target Gift Card

Fastest Payment Option: Target Gift Card (Same Day In Store)

Price Lock: 30 Days

Reasons to use: Nextworth is another long-standing buy back company that provides a quick way to sell your device but their payouts are the lowest of the bunch on our list. Quotes are valid for 30 days and free shipping and insurance is always included. Target has partnered with Nextworth so you can go into a store and trade-in your device on the spot for a Target gift card.

As you can probably see from this list, there’s plenty of ways for you to sell your Galaxy S4 to offset the cost of buying the new S5. Some options will net you more money but will involve more work on your part while others make it fast and easy if that’s what you prefer. So what are you waiting for? Get a jump-start on selling your old phone and prepare for the new S5 when it comes out April 11th.

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