Can You Sell a Phone That Isn't Paid Off? When you sign up for a service term or monthly installment plan, your carrier extends you a line of unsecured credit. As a result, the carrier cannot repossess your phone, and you can sell your phone, even if you still owe money on it.
The bottom line is, if you want to sell your financed iPhone or Android smartphone you are free to do so whenever you want to do so. Just remember to disclose the device payments upfront to ensure a smooth transaction.
Your mobile provider could cut your phone off so you're unable to make or receive calls. If you don't take steps to deal with the debt, your account will default and the contract will be cancelled. The mobile provider can then take action to recover the outstanding bill, following the normal debt collection process.
This means you don't actually own the phone until you've paid off the handset part of your contract, which means you can't sell it. However, you can sell it if you settle up that part of the agreement. In short: if you're still tied into a contract, your best bet is to check before your sell your phone.
Selling a Leased Phone
You may be wondering if you can sell a leased phone the same way that you can sell one on an equipment installment plan. Unfortunately, the answer is no. A leased phone must be paid off and bought out before you can sell it. Otherwise, you must return it to your carrier.
No, you must pay off the phone.
The phone you were leasing must be returned in good working condition and undamaged. Own it, either by paying the purchase option price in one payment (contacting the online chat agent may be required for this) or in nine monthly installment payments.
Can I sell my iPhone if it is still under contract? No, you can't sell your iPhone if you haven't paid it off. If a phone is not paid off, you might stop paying your monthly rates and then the carrier will then report your phone and the IMEI number will be blacklisted.
It's super easy to sell mobile phones with musicMagpie and we accept a huge range of locked phones or unlocked devices. However, you won't be able to trade in your Three phone if the device is still under contract as you don't officially own the device until it's fully paid off.
Welcome to the Community! You can sell your handset whilst in a contract as long as you keep up with your contractual payments.
When a device is blacklisted, it's either because the phone has been reported lost or stolen or its account has an unpaid balance. This works via a numeric identifier most phones have called an international mobile equipment identity number, or IMEI.
Selling Your Blacklisted Phone Today
Selling a blocked iPhone or Android isn't impossible. At BankMyCell, you can compare your options with ease. Search your phone model and select all the appropriate options to find out what your phone is worth.
Missing payments may hurt your score
Paying all of your bills consistently is key to a good credit score. While paying your cellphone bill won't have any automatic impact on your credit score, missing payments or making late payments can cause your credit score to drop if your cellphone account becomes delinquent.
The device I'm trading in is one that I bought using an equal payment or other financing plan, and I still have payments left on it. Can I still trade it in? Yes – however, please note that all remaining payments on the device you're trading in are your responsibility. You may also be subject to additional fees.
T-Mobile Carrier Freedom. Bring your eligible phone with you and we'll reimburse your remaining phone payment balance when you switch from select carriers (including Verizon and AT&T) to T-Mobile – up to $800/line (up to 5 lines) via virtual prepaid card.
Another popular option is to sell your old phone to trade-in sites or back to your carrier. Usually, if your old phone is in pretty good condition, trade-in companies or carriers can sell it right back on their websites without much refurbishment.
The best way to quickly check whether a mobile phone is locked or not is to slip the SIM card out, and put in one from another network. If it can make calls, send texts, and connect to the internet, that means your phone is unlocked. Just make sure that the two SIMs don't actually connect to the same network.
Don't forget that you'll still have to pay off your device before you switch or turn it back in! Remember, Cricket Wireless does not buy out contracts, pay off contracts, or buy out your current phone. Once you've confirmed you can switch carriers you're ready to move on!
Selling a phone you don't own may be a criminal offence, in fact. That means you cannot sell a phone or tablet that you reported as stolen and then found again; you cannot sell a lost phone that you happened to find; and you certainly cannot sell a phone that you or someone else has stolen.
You shouldn't manually delete your contacts, calendars, reminders, documents, photos, or any other iCloud information while you're signed in to iCloud with your Apple ID. This would delete your content from the iCloud servers and any of your devices signed in to iCloud.
You'll also want to unlock your iPhone before selling it. A locked phone can only work on a certain carrier's network, and buyers may want to use your device with a different service.
Also yes. The only way to get any trade-in value from Apple is to fix your damaged iPhone and then trade it in. Apple offers repair services for those in need, so you definitely can get your damaged iPhone screen fixed through them.
If the phone is damaged, you most likely won't be able to return the phone or will have to pay a fee to return it. It adds a monthly charge to your bill and can add up if multiple phones are leased.
If you have a contract phone and the contract ends, it means you've fully paid for the handset and now you own the handset.
If your device is lost, stolen or damaged, you're still responsible for your monthly device payments until the agreement is paid in full.