Mobile line handset upgrade

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Mobile line handset upgrade

Postby patntee » Thu Sep 01, 2011 4:55 pm

Anyone here upgrade your mobile phone contract to resell the handset recently? I am servicing a few lines under my name for family members and will always renew the contract and sell the handset unless one of us in the family needs the new phone. Have done so a few times for iphone and could get a decent profit depending on the deal negotiated. However now the resale price of iphone 4 has come down so the profit margin from such a deal is less than $200, including the $100 discount thrown in by telco. Wondering if there is any other popular model that can fetch a good price difference? The current mobile contract that have expired is a non-3G plan.

patntee
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Re: Mobile line handset upgrade

Postby BigDevil » Fri Sep 16, 2011 10:40 am

We don't take the phone and sell. We approach those who offer us cash to renew our contract.

So what happen is that the guy will meet us at Hello Shop (or M1 or Starhub...depending on who your telco is), then together we will renew
our contract at the counter. Once it is verified what type of contract
we have, the guy will pay us cash and he gets to select the phone he wants.

It's been a while...think we got $200 for renewing a basic iOne Plus plan.

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Re: Mobile line handset upgrade

Postby patntee » Fri Sep 16, 2011 12:47 pm

BigDevil, thanks for your comments. Haven't gone round to doing the recontract cos troublesome to check the resale prices of each phone model to compare and out of touch with other phone models since now almost everyone seems to be using iPhone. The iphone resale price is marked down already since all waiting for iPhone 5.

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Re: Mobile line handset upgrade

Postby LKVM » Fri Sep 16, 2011 12:52 pm

BigDevil wrote:We don't take the phone and sell. We approach those who offer us cash to renew our contract.

So what happen is that the guy will meet us at Hello Shop (or M1 or Starhub...depending on who your telco is), then together we will renew
our contract at the counter. Once it is verified what type of contract
we have, the guy will pay us cash and he gets to select the phone he wants.

It's been a while...think we got $200 for renewing a basic iOne Plus plan.

Then how about your phone? :scratchhead:

LKVM
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Re: Mobile line handset upgrade

Postby BigDevil » Fri Sep 16, 2011 4:03 pm

Not my contract, but my niece's. She just continues using her 2-year old phone lor! :wink:

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Re: Mobile line handset upgrade

Postby BigDevil » Fri Sep 16, 2011 4:06 pm

patntee wrote:BigDevil, thanks for your comments. Haven't gone round to doing the recontract cos troublesome to check the resale prices of each phone model to compare and out of touch with other phone models since now almost everyone seems to be using iPhone. The iphone resale price is marked down already since all waiting for iPhone 5.

That's why we don't bother about trying to sell our own phone.

You still have to spend time meeting up with potential buyers. Wasting time if the guy is no show, or not sincere. Dealing with those offering you cash for your renewal phone is more direct.

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Re: Mobile line handset upgrade

Postby patntee » Thu Sep 22, 2011 5:13 pm

Finally did it today. Recontracted and sold a new phone, managed to pocket $302 profit. :smile: Can subsidize the cost of maintaining the line for family member.

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