Tuesday, November 30, 2010

Mobile Phone Recycling: A Guide

Almost a million mobile phones are upgraded in the UK every month as savvy customers seek out the best new handsets. Here's our guide to how you can get the most for your old mobile.

With some three-year-old handsets fetching £50, it’s time to search dusty drawers and cupboards for the phones that time forgot. All you need is the handset – don’t bother with the box, manual or charger, and even if your phone is broken, you might get something for it.

Finding the best price for your phone has got much easier thanks to a host of specialist price-comparison sites that have sprung up online. Input your phone’s make and model on a site such as Compare My Mobile or Search My Mobile, and it will aggregate prices from partner websites to show who is offering the best deal.

Most mobile phone companies sell on unwanted phones to wholesalers in developing nations, who in turn sell them on to shops, businesses and individual customers. The price of unwanted handsets is based on this demand, which explains why the value of some handsets can fluctuate.

Mazuma Mobile, one of the biggest recycling firms, said it had paid out £68 million to consumers for their unwanted handsets since the site launched three years ago. Not all handsets end up abroad. Some companies also sell mobile phones back in to the UK market, with reconditioned handsets often bought by insurance firms to replace lost or stolen phones, or by wholesalers to sell second-hand.

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