Years ago, many of us would simply go to our mobile phone carrier to trade our existing phones in to get a new phone along with a one or two year contract with that respective carrier.
Today, we have a lot more options, including getting unlocked phones that give us more flexibility in choosing a carrier or switching plans.
We discover the pros and cons of trading-in your phone at telcos and explore if trading your phones in at telcos is really the best thing to do.
Pro #1: Telco Promotions And Perks
Telcos usually dangle contract phone deals bundled with extra data packages, price promotions, free calls and SMS to attract customers to sign up for these contract phones.
You might trade your existing phone in and sign up for these telco perks simply because you might think when you just top up your monthly payment for your phone and your phone service to get these additional deals.
If you are sticking with your existing carrier for the long run, these telco promotions and perks will be attractive to you and thus you might trade your phone in to get a new phone with these benefits.
Pro #2: Established Phone Networks
Another reason why you might trade your existing phone in for a new phone at your carrier is that your carrier is already established and will provide you a secure phone network to use your phone with.
Again, trading your phone in with your carrier works if you decide to stick with your existing carrier for the long term.
Con #1: You Will Be Stuck With One Telco
While there are benefits in trading your existing phone in for a new phone at your carrier, you will be stuck with your carrier because your new phone would be locked to it as well.
What this means is that you cannot bring your new phone to another carrier should you think of changing carriers, unless your phone is unlocked by your existing carrier.
What would be even more inconvenient is that your phone might not be compatible with your desired network and carrier.
In contrast, if you were to trade your existing phone in for your desired phone from trusted electronics marketplaces like Reebelo, you could bring it to any compatible carrier of your choice without the added inconvenience of unlocking it first.
Con #2: The Telco Might Not Have The Phone You Want
A second disadvantage in trading your existing phone in at your telco is that the telco (or telcos if you use phone services from more than one carrier) might not have the phone you want.
Telcos usually have a limited phone range and most likely do not have an archive of say, phones dating back five years ago. Thus if you are looking for an older phone model in order to save money, you might be disappointed when you see what the telco has to offer.
Con #3: You Will Be Stuck With The Phone Until Your Contract Ends
If you are on a contract with your carrier, and decide to trade your existing phone for a new phone with another contract, you will be limiting your freedom to change your phone should the need arise in the near future.
That being said, you will be caught in a lot of tiresome bureaucratic work as you would be technically under a new phone contract and thus cannot walk out of it easily. Getting your phone at telcos means you will be stuck with your phone, like it or not, until your contract ends.
Con #4: Noncompetitive Telco Phone Prices
Another drawback in trading your phone at your telco is that you will not enjoy the most competitive price rates in the market for your new phone.
What this means is that you could be paying much more than you need to, as opposed to getting the same phone model at a much cheaper price when you buy it refurbished or as a pre-loved phone.
Telcos, like any business, have their profit margins to hit and thus you as the buyer might not have your best interests represented when you transact with them.
Solution: Trade Your Phone In At Reebelo For Double Savings
If you are tired of the lack of flexibility telco phone contracts bring, why not trade your phone in at Reebelo?
Reebelo is Singapore’s established and trusted marketplace for pre-loved and refurbished electronic devices. All our refurbished phones are carefully inspected, repaired and cleaned before you buy them. Thus these refurbished phones are as good as, if not better than, their brand new counterparts.
Our collection of phones in tiptop condition provides you a wide range of phones to choose from at highly competitive market rates. If you see a particular phone model with a cheaper price sold elsewhere, simply inform us and we will match.
What is even better, we at Reebelo offer at least a 1-month warranty that can be extended to up to 6 months at no additional cost, depending on phone model.
Worried about trading your existing phone with defects? Fret not.
At Reebelo, we take phones regardless of condition because we hope to reduce the amount of technological waste that ends up in landfills and pollutes the environment.
Trade Your Existing Phone In At Reebelo Now!
Your existing phone is depreciating in value day by day. If you do not trade your existing phone in as soon as possible, you will be losing a lot in terms of monetary value. If you decide to get another pre-loved phone to replace your existing one, do so at the same time when you sell your existing phone (with or without defects) to us at Reebelo.
Look forward to a seamless and contact-less transaction because Reebelo offers a FREE phone delivery and pick-up service right at your doorstep.
Simply fill this form up to get started!