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How Fast Your Smartphone Depreciate?

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How Fast Your Smartphone Depreciate?

Every year new smartphones are being launched by major mobile phone brands in the world! In this world of continuous technological advancements, smartphone users don’t really have an idea of when to upgrade to a newer model. The best way of knowing the exact time to upgrade is to check your phone’s value. Now that we asked you to do so, you must be wondering ‘how can I check my phone’s value?’ The value of your phone can easily be determined by checking current price of your mobile phone on different platforms.

Checking the value of your current mobile phone is also really very important to stay updated with the latest advancements in the telecommunication industry. The mobile phone industry is evolving at a higher pace than expected and usually people lose track of checking out the latest advancements. This is the reason that we always suggest you to check your phone’s value to keep yourself updated with what’s new in the market! The best ways to check your phone’s value are described below. And through these ways you can also get to know how fast your smartphone loses its value.

Where Should I Check My Phone’s Value?

There are various places from where you can check the current price of your phone, but the three most common ones are described below:

     Classified Advertisements To Check Phone’s Value:

Classified advertisements are the first way to check the value of your mobile phone. Usually we ask you to prepare your mobile phone and try to sell it on classified advertisements website, but here we won’t be talking about that! For checking the value of your phone, you have to open the classified advertisements website and search for the model of your mobile phone there. Once you have searched for the model of your mobile phone, the next thing that you have to do is to search for the advertisement that resembles the condition and specifications of your mobile phone.

Don’t forget to read: 5 common Samsung Galaxy S8 Problems and their Potential Solutions

You might find many smartphones that are identical to your mobile phone but you have to search for more than one of those mobile phones. When you have found various ads of the mobile phones that are id entical to the one that you have, you can look for the price that the sellers have demanded for those mobile phones. You might find big variations in the demanded prices. The variations might vary much but you have to check the prices of every seller and then take an average of those prices. You might get an idea of the value of your mobile phone through this but this would be just a mere idea. You can never find the exact value of your mobile phone through this. The exact value of your mobile phone can be only be determined by a platform or a person that provides you with the accurate price quotes.

     Trade-in Programmes To Check Phone’s Value:

The websites providing trade-in services are considered as the best sites providing values of mobile phones for selling purposes.  The most common websites doing so are the mobile phone brands themselves. Almost all of the well-known mobile phone brands are providing trade-in services to their customers. We can take the example of Apple here; Apple is providing trade-in services for iPhones and other mobile phones as well. To check the trade-in value of your mobile phone you would have to visit the official website of Apple. Once there you have to open the trade-in page, and on that page you have to select the option for smartphones. Apple would further ask you questions regarding the make, model, condition and specifications of your mobile phone. Once you have answered those questions accurately, it would show you the price quote against your mobile phone. You can get an accurate price quote for your mobile phone if you answer the questions correctly. This is one of the easiest ways to check your mobile phone’s value, but the biggest problem here is that these mobile phone brands don’t offer the deserving price for your mobile phone. Also if you plan to sell your mobile phone, then these mobile phone brands provide you with gift cards worth of the value of your mobile phone against your mobile phone. You can further redeem the credits on the gift card on any purchase from the brand afterwards.

     Phone Trade-in Value Comparison Websites:

The best way to find the accurate value of your mobile phone is through a mobile phone recycling comparison website. SellTheMobile is the best mobile phone recycling comparison website in the UK as we have listed the most reliable mobile phone recycling platforms on our website. We say that we have listed the best mobile phone recycling platforms as we scrutinise the platforms on the basis of their terms & conditions and also their customer service quality. Moreover, we monitor both of these things regularly and if we see any glitch then we dismiss the platform right away.

Our website has a very user friendly interface and you can get the price quotes for your mobile phone much easily. To check your phone’s trade in value comparison, go to our website and search for your device there through the search bar. Once you find your mobile phone, select the accurate model and storage capacity of your mobile phone. You would be redirected to the comparison list. Over there, under the picture your mobile phone you would find various questions with drop down options. Select the condition and whether your mobile phone is unlocked or locked from there. The page would be refreshed after you have selected the correct option and you would find a list of all of the price quotes offered by the best mobile phone recycling platforms in the UK for your mobile phone.

The price quotes might vary from platform to platform but you don’t have to see the difference at the moment. You just have to check which platforms are offering the best price quote for your mobile phone. This is the best way of finding the accurate value of your mobile phone.

Above mentioned are the three platforms from where you can find the value of your mobile phone. We recommend you to use option number three from the options described above as mobile phone recycling comparison websites usually bid the exact price for your mobile phone. Now that you know the ways of finding the value of your mobile phone; we would tell you how fast your smartphone lose its value and when you should sell your smartphone.

When Your Smartphone Loses Value?

You can find the best value for your mobile phone at selling site before the newer model of your current mobile phone launches in the market. This process can be related to the supply and demand equilibrium concept in the economics. The price of a commodity is always determined by supply and demand of that commodity. The price of the commodity is always adjusted to the equilibrium point of these both. So whenever the newer model of a mobile phone arrives in the market, the demand for the newer model increases hence making the demand for your mobile phone decrease drastically. This downfall in the demand of your mobile phone pushes the price of your mobile phone to fall as well.

So your mobile phone loses its value whenever a successor of your mobile phone is launched in the market. And as the time goes on, the value of your mobile phone keep on decreasing with every launch of a successor. So you have to sell phone online at the best price before the value of your mobile phone comes to a point where you can’t even sell it!

When You Should Sell Your Phone Online At The Best Price?

You can sell your phone online at the best price before the launch of its successor. For this thing, you have to look forward for the news of the launch of the new mobile phones in the market. You can find all of the information regarding the new mobile phones in the market online these days. Look for when the new models are coming out, and before their expected launch date, sell your phone online at the best price only at SellTheMobile.

We suggest you to sell it at SellTheMobile as on our website you would sell your phone online at the best price for sure as the platforms listed on our website provide you with the best price quotes. The most awaited upcoming launch is the launch of Samsung galaxy S10, so if you own Samsung galaxy S9, S8 or S7 then you should sell your phone online right now at the best price.

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