Americans are upgrading their smartphones at an average pace of every 32 months as of the second half of 2017, according to the NPD Group. Instead of sticking the old phone into a drawer or throwing it away, however, many consumers can recoup some of the original cost by trading it in or selling it outright, according to Consumer Reports. Those purchasing iPhones directly through Apple can take advantage of their trade-in program but nearly every major retailer and phone company, such as Best Buy or Verizon, will often offer an option to trade a phone in to reduce the cost of an upgraded phone. Although these are the most accessible options, consumers can usually squeeze a little more value from their device by selling it themselves on sites like eBay, Swappa, or Gazelle if they are willing to do a bit more research and legwork.
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