Try Electronic Recycling & Reselling to Earn Some Extra Cash While You Declutter!
Hip2Save may earn a small commission via affiliate links in this post. Read our full disclosure policy here.
Ever heard of eWaste? You could make money from recycling and reselling used electronics!
If you’ve got that old computer that’s been sitting in your closet for 15 years & still (barely) runs Windows 98, you have eWaste right in your own home.
eWaste is a term that describes electronics that have reached the end of their useful life. It happens to all of them eventually, but the problem we don’t often think about when we’re buying up the latest tech is that eWaste can be tough to get rid of. Not only is throwing electronics in the trash bad for the environment, but it may be against the law in your state.
Luckily, there’s a way to turn eWaste into income. We’re sharing some tips on how to take the trash and turn it into extra cash!
Make money reselling old (but functioning) electronics online.
Tons of perfectly useful electronics get put on the sidelines just because a new model was released… ahem, cell phones and gaming consoles, anyone?
Chances are, there’s still a market for older models of new tech. Sites like eBay and Facebook Marketplace are awesome websites for reselling some of your older stuff. And you can score even more if you’re handy and know how to fix things up!
Hip Tip: Check out more of our tips for selling on Facebook Marketplace!
While they aren’t necessarily “electronics,” I used to fix up old 35mm film cameras and resell them on eBay. The fixes were normally super simple–a sticky shutter or stubborn rewind knob–but a lot of folks would rather give them to thrift shops or sell them for parts because they don’t like fussing with it. It’s the same deal with tech items!
My Hip teammate, Chelsey, also has a ton of experience reselling electronics!
She says that eBay is great for older items like video game consoles, but she also likes Facebook Marketplace for bulkier items and the lack of fees (eBay in particular can be a little fee-heavy). You can also try sites like Craigslist for items too large (or expensive) to ship, but a lot of folks report better deals by using FB Marketplace.
For more ideas, you can scan eBay’s list of best-selling consumer electronics to get a glimpse of what’s hot at the moment!
Offer to haul away other people’s electronic recycling items.
Like we mentioned, throwing away electronics is actually illegal due to their non-eco-friendly components. You have to take them to a special electronics recycling facility, and well… a lot of folks (myself included) can’t be bothered to do that, so we end up letting them sit in our closets, attics, and basements… forever.
But that’s where you come in!
You can offer to take people’s eJunk off their hands for a small price, and a lot of them will jump at the chance to get rid of their clutter without having to deal with the inconvenience of driving to an electronic recycling facility.
Or, even better, you can offer to take their old stuff for free and resell it yourself for 100% profit. Again, most people just wanna get rid of things, so they might be happy to let you drive off with it for free.
Use trade-in sites like Gazelle for super easy cash back.
Hauling away other folks’ electronic recycling is a fantastic way to earn some extra cash, but it’s also a lot of extra work.
If you’re all about getting rid of that eWaste in the most hands-off way possible, then trade-in sites are probably the right choice for you!
On Gazelle, for example, you simply search up the price offered on your electronics based on the make, model, etc., ship items worth $1 or more in for free, and then wait for them to evaluate your item and decide the payout via PayPal, Amazon gift card, or check.
It doesn’t get much easier than that! There are also a ton of other sites & stores that offer you cash or store credits for recycling electronics.
Here’s a list of stores where you can recycle old electronics for cash or store credit:
- Amazon will take your used electronics and give you a gift card with the appraised value + 20% discounts on select items!
- Apple stores will trade your items for store credit, and if the item isn’t eligible, they’ll recycle it for free.
- Gamestop will take working electronics for cash or credit. Become a Pro Rewards member for an extra 10% back on all trade-ins and even more with Pro-exclusive offers.
- Walmart will give you an eGift card for sending in old electronics with their CExchange program.
- Best Buy accepts all types of tech trade-ins for store gift cards.
- Office Depot lets you trade in your tech either in-store or online!
The downside of these services is that you probably won’t get the highest cash return. Chelsey had this to say about her experience with trade-in sites:
“We had a very old iPad we no longer used and most trade-in sites wouldn’t offer us anything and we ended up selling it on eBay for $50 + shipping. It may not seem like much for an iPad, but we had bought it refurbished years ago and had owned it for 6+ years.” – Chelsey
So if you’re feeling like the trade-in sites are a little too stingy, look into listing them online. It’s a little more trouble but often totally worth it!
Here are some last tips to help you earn money when reselling & recycling electronics…
- If you resell/recycle cell phones, remember to factory reset them. Back up all your old info to the cloud & then make sure all your personal info is totally cleared before recycling or reselling your belongings.
- Cancel any subscriptions associated with your gadgets. A lot of cell phones, gaming consoles, computers, etc. might have subscriptions you’ll want to ditch so you’re not being charged after you no longer use the device.
- When listing items online, be as specific as possible. You might think it’s better to be general, but giving more info for your items makes them easier to find & prevents them from getting lost in a sea of similar stuff.
- Offer free shipping if possible. Folks find free shipping super appealing, and I have to admit that personally when I’m shopping on eBay, I often filter out items that don’t offer it. 😅