With the ongoing advancement in technology people are rapidly changing their phones to cope up with the techy world. This advancement is leaving them with their old devices. So, the question arises that those devices should be left idle. Absolutely Not! These devices can help you earn money and may help you carry your finances. The problem doesn’t stop here, A big question arises how to evaluate mobile phone market value which is fair and profitable. In this article, we will explore different ways to evaluate the fair market value of your mobile phone.
Also Read: 7 Things I Bet You Didn’t Know About Selling Phones With Cashify
There are several points that cater to the question of how to evaluate mobile phone market value.
Model of your phone:
The first step is to check the model of your phone because no one wants to buy a phone that is outdated and has minimal features to offer. The mobile value tends to depreciate over a period of time. For example: If you buy a phone of Rs. 50,000 today then a year later there are high chance that its value is only Rs. 25,000 or even less. Well, this is not true in all cases. The iPhone is the exception in this case as it provide a higher resale value. So, if you have a recent model phone like a year or two-year-old then it will offer a higher comparative phone value than a model that has become outdated or runs on an outdated Android version.
Storage Capacity and features
Higher the storage capacity of your phone higher the value offered and vice-versa. Also, the premium features affect the value of the phone like whether front and rear cameras are working or not. Also, how are they delivering the quality of photos? Other functionalities like wi-fi, Bluetooth, fingerprint sensors, facial recognition, and proximity sensors, all of them help to evaluate mobile phone market value.
Physical Condition of the Phone
The condition of your device plays a crucial role in determining the resale value. You should carefully and honestly assess the condition of your phone. Assessment should include checking for certain conditions like dead spots or lines, device panel is missing or broken, scratches and dents on the screen and sides, back panel condition, touch screen working properly, or if it’s the original screen of the phone or not. These factors help in a fair evaluation of the phone.
Check Online Marketplaces
There are many online market places which help on how to evaluate mobile phone market value. You should browse various platforms and they will help you give instant quote price for your particular device. You must confirm the price in various platforms and proceed with the platform giving best value. One such platform is Cashify which is a verified long player in the field of buying and selling phones. It promises to provide best value according to the condition of your phones.
Why Cashify?
This step is very crucial because even after being so attentive if you end up selecting the wrong platform you will end up losing the value of the phone. You need to be very cautious about where to sell your phone to get the best possible price for it. Cashify is one such platform which has developed the trust of people due to its quick valuation, doorstep pickup, Instant payment, secure transactions, and 100 percent data security. Lets understand the cashify service in detail
Doorstep pickup: Cashify enables doorstep free pickup service which increases the convenience and ease of the customer.
Quick valuation: You would get an instant price quote when you are selling phones with cashify. You just need to provide some basic information about your device, such as its model and condition. Cashify’s advanced system will generate an instant price quote based on the current market value.
Paperwork: In Cashify, there is almost negligible paperwork which will save you precious time.
Secure Transactions: It enables instant and safe payment which makes it much more reliable.
Established Player: Cashify is a reputed brand which makes it reliable and trustable.
Disposal: They ensure a very responsible disposal of old devices and also check if the phone is formatted before starting with any other proceedings ensuring data privacy.
Also Read: Instant Gratification: Does Cashify Provide Immediate Payments?
How to evaluate mobile phone market value using Cashify?
- Visit the official website of Cashify or open the Cashify app.
- Head to the sell phone section.
- Choose the brand or search for your mobile phone model to sell.
- Next, select the variant and click on Get exact value.
- Fill in the necessary details and you will get the final buyback price for your phone.
- Finally, schedule a doorstep pickup of your device.
Final Verdict
We often sell our old devices in very less price than its actual worth thinking it’s a waste but things don’t go like this. A fair and accurate evaluation of market value can make you earn money. To sell your phone according to the best market value is very crucial if you don’t want to be thugged out in this fast pace market where everyone is looking to earn a higher profit.
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