A tech expert has shared five pieces of technology found in many households that could be sold straight away to relieve January money worries.
Sam Wilson, Director at Gadget GoGo, believes people across the UK are unknowingly sitting on unused devices worth hundreds of pounds during what is often the most financially challenging month of the year.
His comments come as new figures show the average Briton will run out of spending money by 21 January – the earliest date in five years. Around ten per cent are expected to turn to credit cards or overdrafts to get through to payday.
“This is one of the toughest financial Januaries in years, but many households are sitting on tech worth hundreds,” Wilson said.
“Most people don’t realise just how much value is locked in the devices they no longer use. Selling now can mean avoiding overdraft fees or clearing credit cards.”
Old smartphones are worth more than you think
Wilson explains that forgotten mobile phones can provide a quick cash boost, with iPhone 12s regularly selling for over £250 on eBay and newer models commanding well above £700.
“The phone you replaced last year might fetch a couple of hundred pounds,” he said. “Even models four or five years old can sell for £50–£100 if they’re working.”
An old iPad could cover your January energy bill
Many households have extra tablets lying around, especially after Christmas upgrades. iPads hold their value particularly well, with three-year-old iPad Pro models still being worth over £400 online, depending on condition.
“That’s enough to cover most energy bills for the month,” Wilson said. “Even older iPads are in demand if they’re in good working order.”
Your old PlayStation could be worth £15
With newer consoles like the PlayStation 5 and Xbox Series X taking over living rooms, older models are often boxed away and forgotten. But a working PS4 or Xbox One can still sell for £100–£150 or more if bundled with games and accessories.
“They’re still hugely popular with buyers looking for cheaper alternatives,” said Wilson. “And if you’ve kept the box, even better.”
Got spare AirPods? They’re still in demand
Smartwatches and fitness bands often fall out of use once New Year’s resolutions fade. But many are still worth something, especially recent Garmin or Apple Watch models with heart-rate monitoring.
“Even an Apple Watch Series 7 which came out in 2021 is still worth over £100” Wilson said. “It’s cash sitting there that most people forget about.”
The UK throws away 1.6 million tonnes of electronic waste each year, much of it still working. Selling old gadgets, Wilson says, isn’t just good for your wallet, it’s better for the environment too.
With household budgets under pressure after Christmas, he suggests checking drawers, cupboards and under the bed before turning to credit.
Gadget GoGo reports a 35% spike in trade-ins every January, as more Britons look for quick, realistic ways to ease the pressure.
Wilson added: “When times are tight, every little bit counts. Selling your old tech might not solve everything, but it could take the edge off a brutal January.”
