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Make Some Extra Cash By Trading-In Your iPhone

Dec 23, 2022 •

If you are looking for a way to make some extra cash, one option that you may want to consider is trading in your iPhone for some money. No matter the model type, you will always save money when you trade in your iPhone in one way or the other. Here are a few reasons why trading in your iPhone can be a smart financial move.

  • Get a Better Return on Your Investment

If you’ve had your iPhone for a while, it has likely depreciated in value. By trading it in, you can get a better return on your investment than if you tried to sell it yourself. Many companies that offer trade-in programs will give you a fair price for your phone, even if it’s not in perfect condition. All you have to do is to follow the simple process and get paid for your phone.

  • Save Money on Your Next Phone

Trading in your old iPhone can also help you save money on your next phone purchase. Many companies offer trade-in discounts or credits towards your next phone when you trade in your old one. This can help offset the cost of a new phone and make it more affordable for you.

  • Trading In Your iPhone Saves You Money by Converting an Unneeded Device Into Cash

If you have just upgraded to the latest iPhone, then the chances are you will have a spare iPhone once your new one arrives. If you do, you can save money by converting your unwanted iPhone into cash simply by trading it in. Instead of dropping your iPhone somewhere gathering dust, this is a simple way of making extra cash that can be saved elsewhere or meet other needs.

So, how do you go about trading in your iPhone? Here are a few steps to follow:

  • Research Trade-in Programs

There are many different companies that offer trade-in programs for iPhones, so it is important to do your research to find the best deal. Look for a company that offers a fair price for your phone and has a good reputation.

  • Gather Your Information

In order to get a quote for your iPhone, you’ll need to provide some information about the phone. This may include the model, storage capacity, and condition. Be honest about the condition of your phone, as this will affect the value of the trade-in.

  • Send In Your Phone

Once you’ve found a trade-in program that you like, you’ll need to send in your phone or visit the store. A program like MGL Cash works with UPS store to allow you conveniently turn in your phones at one of the 5,000 locations nearest to you. Once you have priced your device and have received a QR code, they will help you find the location nearest you. 

  • Get Paid

Once the company receives and evaluates your phone, they will send you a payment. This may be in the form of cash, a check, or a credit towards your next phone purchase.