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Your old cellphone can still be worth a lot of money

If there's one piece of electronic equipment that continually changes with the times, it has to be cellphones. Remember the (evergreen) Nokia 3310 or Motorola V360 flip phone? Those examples have long been rendered obsolete due to ever-changing technology to be replaced by faster and sleeker-looking ones from companies like Apple, Huawei, and Samsung.

Most of the time, the older phones are either given to a (younger) member of the family or stored away and promptly forgotten about. Believe it or not, some people collect older memorabilia (like ancient cellphones) for personal or nostalgic reasons.

To get an idea of how much you can get for your old phone, browse the Gumtree classifieds so you can find an accurate list price. Old phones can be worth a lot, and it also depends on things like the original retail price of the phone, its age, and its current condition. What might be a relic to you might be a prized possession to another.

The older, the more valuable

The great thing about older phones - or any piece of older equipment, for that matter - is the fact that they will be cheap. That is mainly because it is not in demand and the owner just wants to get rid of it to make some extra cash. On the other hand, if you know the true worth of a phone, it can still fetch good money.

Older phones won't have modern-day functionality and won't be as fast because of the time it was launched, so you know exactly what you are buying. Have a budget to work with and browse for options within it to get an idea.

If you're talking about really old phones that are very hard to find, the BlackBerry Curve, Motorola RAZR, LG Chocolate, and Sony Ericsson Walkman immediately come to mind.

Now that you've got the knowledge, it's time to shop! Head to gumtree.co.za or your Gumtree app (click for Apple & Android), and don't forget to use your location settings to find local service information close to home.