iPhone 4s are resold for £ 430 on eBay. Photo: Kin Cheung/APMobile phone recycling companies have seen a steep increase in the number of phones will be redeemed in, with the iPhone 4 among the most popular traded.
SellMyMobile.com, a site that compares prices from mobile recycling sites, have seen a 70% increase in inquiries about mobile phone recycling in the last week of last year, while site traffic continued to increase in January.
Smartphones have covered tables with the Nokia 5800 Xpress music, BlackBerry 8520 Curve and iPhone 3GS 8 Gb commonly recycled. These models are all between 18 months and two years old, but can still fetch around £ 150, and the owners are likely to have come to the end of their contracts and are able to upgrade.
More surprising is 844 iPhone 4s and 113 HTC Windows 7 that owners have recovered since 26 December. These are relatively new models with HTC phone launched just three months ago. Nine iPads have been sold.
SellMyMobile.com relates to the recycling of these models to the high prices they command: £ 360 for iPhone 4 32 Gb.
Keir McConomy, CEO of SellMyMobile.com, said: "to sell consumers on iPhone 4s can mean only one thing: they need cash, and fast. There are simply not a more desirable phone on the market, so the only possible explanation for their sudden resale popularity is that people really need a extra £ 360 in their pockets as VAT hike pieces. "
Mazumamobile.com has bought between 60 and 100 iPhone 4s each day. Charlo Carabott, Executive Director of the company, says: "we were intrigued when we saw people offers iPhone 4s to us, so asked them why they want to reuse. Some of them have received cash problems, while others have been offered upgrades to the iPhone 4s, but decided they were satisfied with their existing phone and decide to sell the iPhone to fund their monthly mobile costs.
Many people use the online phone recycling collection, because they are quick and easy, but they could get better prices by selling on eBay. 16 Gb iPhone 4 would have retrieved approximately £ 315 from mazumamobile.com and Envirofone.com on Friday, but the same model downloaded £ 430 on eBay.
A spokesman for the consumer credit counselling service said, selling an expensive phone may facilitate cash flow problems in the short term (especially if the phone is "pay as you go"). But he said: "who are suffering from the ongoing liquidity problems would do better to come into contact with a free debt advice service as CCCS for help in working out of a long-term solution."
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