Out with the old, in with the new: How to cash in on your used gadgets

selling used electronics a hustlers guide version 1507925231 cash money  boyeee
Don’t let my middle-class upbringing and not-quite-homeless appearance fool you; I am a straight-up hustler. I flip TV’s, speakers, cell phones, laptops, MP3 players, guitars — practically anything with a power cord, really — just to make a few untaxable bucks outside of work and pay for all the overpriced cocktails and concert tickets I want. I’ve been doing it for years now, and not to brag, but I’m pretty damn good at it. I’m here today to share some of my wisdom with you, and give you some pointers on how and why you should sell your used electronics, like, tomorrow.

We’ll start with why you should sell your stuff.

1. You have too much of it

I’ve been to enough yard sales and helped enough people switch apartments that I know this for a fact. Most of us living in this consumption-crazed digital age have more electronic crap than we know what to do with. Go ahead and laugh at those people on Hoarders, but we all do it. I’m willing to bet your garage has at least one old computer monitor in it. I can’t tell you how many people I know that still have the AV receiver they stopped using 15 years ago, just because they’re too lazy to get rid of it, and in the back of their mind they think “I might need this in the future.” No, you won’t. That new one you bought will do just fine, and the old one is just taking up space.

2. Your stuff is only losing value

Unless you hold onto it until it’s old enough to become a collectors item, all of your old electronic crap will only depreciate over time. The rapid progression of technology is a double edged sword — there’s always something new and exciting, but every new generation of hardware typically makes your stuff worth less than it was yesterday. If you resell stuff sooner, you recoup more of the original cost and can put that money toward newer, nicer stuff.

3. You’ve probably been meaning to sell your old junk anyway

So just do it already and stop wasting time.

Where to sell your stuff

Don’t toil with any of those skeezy used electronics buyback services like Gazelle or Glyde. These are the pawn shops of the Internet: they might be quick and easy, but they rip you off like the tag on a king-size mattress. Use Craigslist and eBay to get the most back for your stuff. Selling things in these marketplaces definitely takes a bit more time and effort, but you’re rewarded for that work with higher returns. If you have a lot of crap to sell, and care more about getting rid of it than you do about making a profit, then I highly recommend using an app called Gone.

When deciding which site/service to use, be conscious of your target market. Craigslist is local and eBay is global. Something that might not sell on CL could get you huge returns on eBay, and certain things that would take weeks to sell on eBay might sell in a couple hours on Craigslist. It’s hard to explain, but an example I like to use is the Hello Kitty toaster I once got at a yard sale. I didn’t get a single response when I posted it on Craigslist, but it only took four hours before a bidding war for it erupted on eBay. Specific, niche items tend to do better on eBay because you have access to a wider market, whereas common items like iPods do better on Craigslist simply because they tend to get buried on eBay. It’s impossible to make a simple, overarching rule for when to sell something on one site versus the other, but just trust your judgement and you’ll be fine.

When in doubt, just post on both

To be honest, I only use eBay for about 10 percent of the stuff I sell — the rest is all on Craigslist. Since it’s a localized market, I don’t have to mess around with shipping, and almost all transactions are in cash, which just makes life easier.

Next page: How to sell your stuff

Emerging Tech

Eric Geusz: Apple engineer by day, spaceship designer by night

An Apple software engineer by day, artist Eric Geusz spends his nights drawing everyday household objects as amazing, science fiction-style spaceships. Check out the impressive results.

Everything we know about Cyberpunk 2077

CD Projekt Red's Cyberpunk 2077 will see the renowned studio tackle science fiction. Cyberpunk 2077 looks like it could redefine how we perceive open world RPGs. Here's everything we know so far ahead of its April 16, 2020 release.

The best dating apps for 2019

Everyone knows online dating can be stressful, time-consuming, and downright awful. Check out our top picks for the best dating apps, so you can streamline the process and find the right date, whatever you're looking for.

How to use iOS 13’s new Reminders app

Apple's iOS 13 introduced a lot of new features, but it also added a new coat of paint to the iOS Reminders app, which has had a massive overhaul to make it far more useful. Here's how to use iOS 13's Reminders app to its fullest.

How to make a ZIP file on a Mac

If you download or send a lot of files, compression is key, and as such it's helpful to know how to use ZIP files. Here's how to make a ZIP file on a Mac, as well as how to unzip it.

How to get Microsoft Office for free

Many of us need to use Office apps from time to time — but we may not want or need to pay for a constant subscription. Fortunately, there are ways to get those services without paying. Here's how to get Microsoft Office for free.

How to fix a dead pixel on your monitor or smartphone

Dead pixel got you down? We don't blame you. Check out our guide on how to fix a dead pixel and save yourself that costly screen replacement or an unwanted trip to your local repair shop.

How to care for your laptop’s battery and extend its life

Learn how to care for your laptop's battery, how it works, and what you can do to make sure yours last for years and retains its charge. Check out our handy guide for valuable tips, no matter what type of laptop you have.
Home Theater

How to figure out what size TV you should buy

What size TV do you need? Here are a few tips for picking the right size, including where to find a TV’s measurements, ideal viewing distance, and picture quality versus size. Not sure what to look for? This guide is for you.

How to use the Live Radio in iOS 13

Find out exactly how to use the Live Radio in iOS 13: Our guide will explain how iOS 13 connects to live radio, what commands to give, and how to revisit past stations. Enjoy your favorite live radio right from your iPhone.
Social Media

How to add music to Instagram videos

Have you ever taken a beautiful video, only to have it ruined by some jerk in the background yelling curse words? Here's a list of apps you can use to add your own music to Instagram posts as well as your Story.

How to clear cookies

Cookies are useful when it comes to saving your login credentials, but they can also be used by advertisers to track your browsing habits across multiple sites. Here's how to clear cookies in the major browsers.

How to convert FLAC to MP3

FLAC files sound awesome — that is, if your device can handle the lossless format. No matter your OS there's a converter for you. Here's how to convert FLAC to MP3, so you no longer have to worry about incompatibility issues.

How to split your screen in Windows 10

The window management features of Windows 10 can be particularly helpful for those who frequently multitask. Here's how to split your screen according to your workflow needs by using Snap Assist and other native tools.
1 of 3