If you’re hoarding old gadgets, you could be in for a windfall. Virgin Media O2 has revealed that Brits might be unknowingly sitting on a goldmine, with their neglected tech potentially worth nearly £450.
The company’s O2 Recycle initiative is keen to take these devices off your hands, offering cash as they repair or repurpose them for resale. Their study found that the average UK home contains four forgotten devices, which, when evaluated against what O2 Recycle typically pays out, totals an astounding £466 in average household value.
O2 Recycle is open to everyone, not just O2 customers, and it offers an easy way for people to make some extra cash from their unwanted gadgets. Simply visit the O2 Recycle website, punch in your device’s details, and O2 will provide a valuation, reports the Express.
You could make enough money selling your old phones to buy a new one
(Image: Getty)
If you send your device to them and they confirm its condition, you’ll find the agreed sum in your bank account within three to five working days. The service takes a wide range of tech including smartphones, tablets, wearables, earbuds, laptops, and even games consoles.
You can still opt for the eco-friendly route if you’ve got tech that’s seen better days, too. O2 pledges to responsibly recycle any non-working items instead of reselling them.
On average, according to Virgin Media O2, customers receive the following amounts through O2 Recycle:
- £80.16 for consoles
- £53.52 for earbuds
- £205.17 for laptops or MacBooks
- £136.46 for smartphones
- £144.52 for tablets
- £81.36 for wearables/smartwatches
Bear in mind, O2 Recycle isn’t the only site offering cash for old tech – MusicMagpie, Back Market, and the high street mainstay CeX are also vying for your business. It pays to shop around and see who will offer the most money for your gear, but always double-check that the recycling scheme is above board before sending in your tech.
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