Sunday, November 27, 2022

How to get £527 free cash in time for Christmas by recycling old appliances and gadgets

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CHRISTMAS is a month away and flogging your old gadgets could help pay for it this year.

Many of us try to find ways to make extra money or save when the holidays arrive and the cost of living increases.

But for some, rummaging through cupboards and drawers might be an easy way to salvage some cash, as many Britons have hundreds of pounds’ worth of unused electronics lying around.

Research by Uswitch last year found that households were hoarding 184 million unwanted tech devices worth almost £7 billion.

You may also find it easier to sell your items, as recent research shows that more than 22 million mobile customers are considering buying a refurbished phone versus a new one.

Phone owners say they are making the switch to become more environmentally friendly, but also because of high new cellphone prices and the cost of living crisis.

However, research commissioned by which? found that Brits are still throwing away gadgets they could potentially sell.

Of those surveyed, 35% said they threw away their printer and the same number said they threw away wired headphones.

A smaller 9% would throw away their laptops, 4% tablets and 3% smartphones.

Sites like Mazuma and MusicMagpie recycle or resell devices and often pay out more than you might expect.

We’ve decided to seek out a few examples that could net you a total of £527 just in time for Christmas.

Of course, prices vary depending on the quality of the gadget and where you sell the item.

If you’re thinking of selling these products, make sure you factory reset them so you don’t give out any of your personal information and also beware of scams.

Here are a few ideas:

An almost six-year-old iPhone 8 could put £90 in your bank account via Mazuma.

It would have to be unlocked or you won’t get it for as much.

On eBay, an iPhone 8 will cost anywhere from £60 to £120.

At Music Magpie, a Play Sation 4 2TB in ‘good’ condition could fetch £120.

All parts of the device must be fully functional and may only show slight signs of wear.

On eBay, however, a Play Station 4 2TB in good condition could sell for as little as £160 – even more if you add old games.

A good Samsung Galaxy S8 with 64GB of storage could fetch £68, according to Sell My Mobile.

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