Millions of households are unknowingly sitting on hundreds of pounds’ worth of unused gadgets
The initial months of the New Year can be a bit harsh on your purse strings. The period following Christmas can be particularly financially challenging.
Indeed, studies indicate that by 21 January, the average Brit has exhausted their spending money. If you’re struggling to keep your head above water during the winter months, a simple solution might be lurking in the back of your cupboard, reports the Express.
Sam Wilson, director at Gadget GoGo, suggests that millions of households are unwittingly sitting on a goldmine of unused tech during what is often the most financially strained month of the year.
He stated: “Many households are sitting on tech worth hundreds. Most people don’t realise just how much value is locked in the devices they no longer use. Selling now can mean avoiding overdraft fees or clearing credit cards.”
Smart phones
If you’ve updated your phone but still have the old model tucked away somewhere, it could be worth more than you think. iPhone 12s regularly sell for over £250 on eBay and new models can fetch well over £700.
Sam said: “The phone you replaced last year might fetch a couple of hundred pounds. “Even models four or five years old can sell for £50-£100 if they’re working.”
PlayStation
With newer models sweeping the market, old game systems are often boxed up and forgotten about but they could be worth more than you think.
A working PS4 or Xbox One can still sell for £100-£150 or more if bundled with games and accessories.
Sam said: “They’re still hugely popular with buyers looking for cheaper alternatives – and if you’ve kept the box, even better.”
Smart watches
Once the buzz of a New Year’s resolution fades, smart watches end up covered in dust in the back of a drawer. However, some models of these can still fetch a pretty penny.
Sam said: “Even an Apple Watch Series 7 which came out in 2021 is still worth over £100.
“It’s cash sitting there that most people forget about.”
Tablets
Extra tablets are a godsend if you’re looking for some quick cash. iPads hold their value well and three-year-old iPad Pro models still being worth over £400 online, depending on condition
.Sam said: “That’s enough to cover most energy bills for the month.”
