Lucky enough to get your hands on a new phone this Christmas but not sure what to do with your old one? Here are some of the places where you can sell your old mobile phone.

Christmas is great for two things: 1. getting shiny new tech, and 2. draining the bank balance. If the guy in the big red suit brought you a new phone for Christmas, but you’re also feeling the pinch, we’ve thought through some of the best ways to make some cash from your old phone.

Let’s say you want to sell a 64GB iPhone 6 for the most cash in the quickest way you can – here’s how your options stack up.

Gumtree

Cutting out the middle man and selling privately is often the best way to sell your old mobile phone if money is the priority, then Gumtree is a great option. The snag is that you’ll have to deal with inquiries and viewings yourself, and you can encounter people who might waste your time (like a lot) with silly offers and multiple emails that go nowhere.

You can set and edit your own price on Gumtree so if you want a quick sale you can undercut others, or put a higher price and wait for a bite. Another option with Gumtree is to offer to trade in your phone for something else you want. For a straight sale, a 64GB iPhone 6 is likely to get somewhere between $450 and $600, depending on the condition of the phone and how great your ad is.

Estimated Price: $450 and $600 | Estimated time: 1-2 weeks | Effort: High

If you choose to go with Gumtree, remember to check out and follow their Terms of Use.

Facebook Marketplace

A relative newcomer, the popularity of Facebook Marketplace is rising fast. It’s very much like Gumtree, but it uses your Facebook profile to list items. Some are critical of the platform as another way for Facebook to gather valuable data – your call.

Estimated Price: $450 and $600 | Estimated time: 1-2 weeks | Effort: High

eBay

An eBay auction is a good way to sell a phone as you’re safeguarded by their seller protection policy. Also, when someone buys your phone they’re entering into a contract to purchase, so it’s much less likely you’ll have to deal with time-wasters.

The downers of listing with eBay is that it’s supposed to be an auction, so there is a risk that you won’t get what you feel the phone is worth. Additionally, eBay fees are charged when listing the item, so you’ve got to factor those costs into your calculations. You’re also competing with international sellers who often sell new phones for very reasonable prices.

Estimated Price: $400 and $550 | Estimated time: 1 week | Effort: High

Sell to someone you know

If you’re up for a no-fuss way to sell your phone, asking friends and family could be the winner. You’ll likely sell your handset for less as ‘mates rates’ undoubtedly come into play, but it’s certainly less effort than the options listed above.

Estimated Price: $350 and $450 | Estimated time: 1 week | Effort: Low

Phone buyback schemes

There are quite a few websites that offer to buy your phone and send you cash. Mobile Monster and Mazuma Mobile are just two of the top competitors and are pretty similar in the prices they offer. Their services are quite simple to use – enter your details into the website and they’ll send you a mail bag for you to post them your phone, then you’ll receive cash in your account – ca-ching!

Estimated Price: $360 and $370 | Estimated time: 3-5 days | Effort: Medium

The best place to sell your mobile will depend on how much cash you want and how much effort you’re willing to go to. But if you’re still looking for ways to save the dollars, a great-value and no lock-in contract mobile plan will always make a difference – we’re here to help when you need us!

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