{"id":17004,"date":"2024-04-16T13:23:19","date_gmt":"2024-04-16T13:23:19","guid":{"rendered":"https:\/\/www.sellcell.com\/blog\/?p=17004"},"modified":"2024-04-16T15:30:00","modified_gmt":"2024-04-16T15:30:00","slug":"should-i-repair-my-phone-before-i-sell-it","status":"publish","type":"post","link":"https:\/\/www.sellcell.com\/blog\/should-i-repair-my-phone-before-i-sell-it\/","title":{"rendered":"Should I Repair My Phone Before I Sell It?"},"content":{"rendered":"

Repairing your phone prior to trading in could actually mean you end up $308 out of pocket!<\/h2>\n\n\n\n

– Higher value repairs, like screen repairs, mean phone owners could be out of pocket by up to $308 if they repair before they sell.
– Smaller repairs make a sensible investment for phone owners, offering a return on investment when they trade in, potentially making users up to $233!
– Apple\u2019s iPhone 15 Pro 512GB offers the best return on a repair investment, for multiple repair types.<\/em><\/h2>\n\n\n\n

Report Objective: Should I Repair My Phone Before I Trade In?<\/h2>\n\n\n\n

If you have a broken phone, you may well think to yourself, \u201cshould I repair my phone before I sell it?\u201d When trading in a broken phone, its value significantly decreases compared to one in good condition. The price difference between faulty and functional phones can be substantial, sometimes amounting to hundreds of dollars. Given the high cost of new flagship phones, maximizing the resale value of your old phone is crucial.<\/p>\n\n\n\n

Statista\u2019s report 1<\/sup> states globally, 408 million people own a mobile phone insurance policy, which accounts for only 6% of the 6.8 billion mobile phone owners worldwide. This means that 94% of individuals do not possess any form of phone warranty, care package, or insurance. <\/p>\n\n\n\n

Consequently, if their phone malfunctions, they will probably incur a one-off repair cost. Given that most people upgrade their phones every 3.6 years, investing in a care package might seem costly over such a period if the phone owner seldom needs repairs. This report will assess whether one-off repair prices are worthwhile investments during upgrades and if they yield additional trade-in value.<\/p>\n\n\n\n

What Will This Report Look At?<\/h2>\n\n\n\n

This report will assess whether repairing a phone before selling it is financially viable. SellCell conducted comprehensive research across the repair industry, including major players like Apple, Best Buy, CPR, GadgetMates, Samsung, and others. <\/p>\n\n\n\n

By comparing repair costs with trade-in values, SellCell aims to determine whether repairs yield higher profits or if selling the phone in its faulty condition is more financially beneficial. Let’s review the findings.<\/p>\n\n\n\n

Key Highlights<\/h2>\n\n\n\n