5 Insider Tricks To Maximize The Value Of Your iPhone Trade In

by Bruce Friedman on November 25, 2014

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iPhone Einstein Has Partnered with Technollo To Help You Responsibly Sell Your Used iPhone (and Other Smartphones) This Holiday Season.

2014 has seen a big jump in consumer attitudes around selling their existing phone to partially, and in some cases totally, cover the cost of an upgrade. But maximizing the value of your trade-in phone can be tricky so iPhone Einstein has partnered up with Technollo.com to help with some insider tips on how to be safe and get the most value from your once loved smartphone this holiday season.

Buy The Right Phone.  When purchasing a cell phone you should consider what it might be worth when you sell it. A recent survey conducted by Technollo of over 300 models shows that what you buy, and what carrier you buy it from, has a big impact on how much it will be worth when you sell it.

Resource Guide: 5 Phones That Will Retain Value in 2015 (And The Carrier to Buy Them From)

iCloud Unlock Your iPhone. Probably the biggest impact to value is selling an iCloud locked versus unlocked phone. Since iOS 7 Apple has made resetting phones by third parties expensive. iCloud unlocking your phone is easy, only takes a few minutes and can increase the value of your iPhone by more than $100. If you don’t know if your item is locked or not you can check it through the Apple website.

You can unlock your iPhone or any other IOS device by:

  • Signing into your iCloud account 
  • Click “All Devices” to open a list of devices linked to your account, then select the device to be removed. It should show a gray dot or the word “Offline” next to the device name.
  • Click “Remove from Account” to remove the device from your account.

Do A Hard Reset & Erase.  According to Technollo President Armando Filoteo, up to 60% of phones arrive with personal data still intact.

“We take careful steps to remove the data on the items that come to us, but other vendors may not be so cautious.” Says Filoteo. “When you hand your precious iPhone to a clerk at Best Buy or at a carrier store, do you really know where it is going?”

Take a few minutes to back up your iPhone to iCloud or iTunes and then hit the reset. You can find the reset in your iOS device under “Settings->General->Reset-> Erase All Content and Settings.”

Send Multiple Phones. One of the easiest and least know insider tips to bump up the value of your iPhone is to sell more than one at a time. Processors like Technollo incur a cost for every package that comes in. Most return kits will accommodate multiple phones, so when you send more than one phone at a time ask for a better deal. You will be pleasantly surprised how accommodating they can be for this simple change.

Get a Promo Code. During the Christmas season iPhone buyback programs are competing for your business. Most processors are running promotions and all you have to do is ask. The awesome folks at Technollo have sent us a promo code for those of you considering selling your iPhone or other smartphone this season. At checkout enter EMC2 for your bonus!

Have a great holiday and be safe out there!

Resource Guide: 5 Phones That Will Retain Value in 2015 (And The Carrier to Buy Them From)

 

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Tracfone Fined By US FTC Over Unlimited Data Advertising, Settlement Includes Customer Refunds

by Humberto Saabedra on January 29, 2015

Straight Talk logo wideAs if to put the final nail in the coffin of the years of customer complaints over unlimited data access across its various brands, the Federal Trade Commission has levied a substantial fine against Tracfone for its years of misleading advertising regarding unlimited data access, chiefly related to its StraightTalk Wireless brand as well as sibling brands. The fine of $40 million will go towards starting a refund program to issue refunds to customers that were previously affected by the throttling or had their data access/service cut off entirely.

Beginning in 2009 to mid-2013, TracFone advertised “unlimited data” plans for $45 per month across its various brands. Despite the promise of unlimited monthly data access, TracFone routinely throttled customers who surpassed 3GB of monthly data access, throttled others long before hitting 3GB of usage, and cut off others who either surpassed 5GB of data or decided to stream audio/video, going as far as deactivating accounts that did so despite having paid in advance for service.

Before Tracfone amended its data usage policies in mid-2013 to clearly spell out how much data could be used on a monthly basis, it was nearly impossible to determine what the monthly data limits were, if any existed. Tracfone’s previously vague data usage terms explicitly prohibited tethering to PCs and streaming of any kind, but did not specify limitations on data transfer in terms of a specific monthly data allotment before being throttled, or even alluding to having the capability to throttle customers before 2013. Jessica Rich, the director of the FTC’s Bureau of Consumer Protection issued the statement below:

“The issue here is simple: when you promise consumers ‘unlimited,’ that means unlimited. This settlement means that Straight Talk, Net10, Simple Mobile, and Telcel America customers will be able to get money back from the company for services the company promised but didn’t deliver.”

Tracfone has so far refused to issue a statement on the settlement, other than to acknowledge that a settlement was reached. Along with the fine, Tracfone will have to make its terms & conditions regarding data limits more prominent on its packaging and advertising going forward.

Beginning today, consumers who had a Straight Talk, Net10, Simple Mobile, or Telcel America unlimited plan before January 2015 can visit www.ftc.gov/prepaidphones to file a claim for a refund.  Refunds will be paid to consumers whose data service was slowed or cut off.  Consumers who had an unlimited plan but are unsure if their data service was slowed or cut off should still file a claim to find out if they are eligible for a refund.

Originally Posted By PhoneNews.com

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