Understanding Carrier-Locked vs. Unlocked Phone Resale Value

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- Updated: 20th Nov 2024, 17:04 IST
  • 1
    What Are Carrier-Locked and Unlocked Phones?
  • 2
    How Carrier-Lock Status Impacts Resale Value
  • 3
    Why Sell Your Phone on Cashify?
  • 4
    Steps to Sell Your Carrier-Locked or Unlocked Phone on Cashify
  • 5
    Conclusion

When selling your old phone, an important thing that affects how much it sells for is if it is tied to a carrier or not. Buyers often look at how easy it is to use and if they have choices. Unlocked phones often sell for more cash. But carrier-locked phones are still worth something.

Cashify always gives you the best price for your device, no matter if it is locked or unlocked. Let’s look at the difference between carrier locked vs unlocked phone resale. We will see how these differences matter for resale value. Also, we will learn how to sell on Cashify without any problems.

Also Read: Is The iPhone 13 Worth The Price? Everything You Need To Know

What Are Carrier-Locked and Unlocked Phones?

  • Carrier-Locked Phones꞉ Carrier-locked phones connect only to one specific network provider. These devices work solely with the carrier they are locked to unless unlocked, possibly needing extra fees or steps. People often find carrier locks in devices bought with payment plans or carrier discounts.
  • Unlocked Phones꞉ Unlocked phones connect to any network without restrictions. These devices suit many networks. Unlocked phones attract more buyers in the carrier locked vs unlocked phone resale market.

How Carrier-Lock Status Impacts Resale Value

  • Resale Value of Carrier-Locked Phones꞉ Carrier-locked phones usually sell for slightly less money. Buyers think about the cost and effort needed to unlock the phone, which might reduce how useful it is. Yet, platforms like Cashify still give good prices for carrier-locked phones. A fair deal remains likely.
  • Resale Value of Unlocked Phones꞉ Unlocked phones serve more purposes and appeal to many buyers. This wide appeal often increases their resale value. When comparing resale values, unlocked phones generally stand out due to their high demand. Unlocked phones usually win.
  • Other Factors Affecting Resale Value꞉ Besides lock status, the condition, model and accessories also really affect a phone’s resale price. Cashify looks at all these aspects for a clear and fair offer.

Also Read: Samsung Galaxy S22 Series, Everything You Need To Know About it

Why Sell Your Phone on Cashify?

Why Sell Your Phone on Cashify?
  • Fair Prices for All Phones꞉ Cashify offers fair prices for both locked and unlocked phones. Their system gives a clear price quote right away. Locked or unlocked, selling is simple.
  • Easy Selling Experience꞉ Cashify makes selling your phone easy. Sell your phone fast without unlocking it first. Their pickup service at your doorstep and immediate payment are really convenient.
  • Safe Data Deletion꞉ Privacy is very important when selling a phone. Cashify deletes your data securely. Your personal information gets removed before the phone is sold again.
  • No Extra Work Needed꞉ Cashify accepts locked phones without needing to unlock them. This process saves time. Other platforms might need more work.

Steps to Sell Your Carrier-Locked or Unlocked Phone on Cashify

  1. Visit Cashify꞉ Open the “Sell Old Phone” section on the Cashify website or app.
  2. Choose Your Device꞉ Pick the brand, model and lock status of the phone (carrier-locked or unlocked).
  3. Check Your Phone’s Condition꞉ Respond to some questions about the phone’s state, like if you have the box and extras, to get a price right away.
  4. Schedule Pickup꞉ Decide on a good time and place for a Cashify person to pick up the phone.
  5. Receive Instant Payment꞉ Cashify checks and then pays you right away through the method you like.

Conclusion

Unlocked phones usually sell for more money because they offer flexibility. Carrier-locked phones, however, still keep good value. Selling them on a platform like Cashify is simple.

Cashify gives fair prices. The process is easy and transactions are safe. Selling your phone, whether locked or unlocked, with Cashify now takes very little effort. Sell today and find its real worth!

Also Read: 5 Quick Tips for Selling Your Old Chromebook In Minutes

If you’ve just bought a new phone and don’t know what to do with your old phone, then here’s your answer. Sell old mobile to Cashify and get the best price for it. If you are planning to buy a new phone, check out Cashify’s refurbished mobile phones. You can get your favourite phone at almost half price with six-month warranty, 15 days refund and free delivery.



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Highlights of the Story

  • Carrier Lock Matters: Unlocked phones generally have a higher resale value due to their flexibility, while carrier-locked phones may fetch a lower price.
  • Cashify Simplifies the Process: Cashify offers a hassle-free process for selling both carrier-locked and unlocked phones, ensuring fair pricing and secure data wiping.
  • Maximize Your Phone’s Value: By understanding the factors affecting resale value and choosing the right platform, you can get the best possible price for your phone.