A SAVVY saver has revealed a trick to make money from used iPhones.
TikToker Aash Thapa buys old iPhones going cheap on Facebook Marketplace then sells them on.
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Gadget recycling stores buy the devices off him for more than he paid.
The self-titled personal finance enthusiast says it can make you about £200 a day if you’re lucky.
For example, he showed how you can get an 128GB iPhone 11 for £350 on Facebook Marketplace.
He then checked the handset valuation on Compare and Recycle to see they’ll pay £460 for it, meaning a £110 profit.
Such a trick should be done with a lot of caution though.
You have to be really careful that second hand goods are authentic when buying from people on Facebook Marketplace.
It’s much better to check products with the seller face-to-face so you can get a feel for it, as the iPhone will also need to still be working for it to be worth anything.
Others have also expressed caution in the comments on TikTok.
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“I did this it ended up the phone was marked as stolen on insurance by previous owners and I had to contact police and wait 3 months to get my money,” one user claimed.
“Gotta make sure you do your research so you don’t get ripped off,” Aash said.
So it’s not a good idea to try it unless you’re absolutely sure of what you’re doing.
Otherwise you could actually find yourself out of pocket.
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This post first appeared on Thesun.co.uk
