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Brits may be sitting on £700 in unused items – how you can make money off them

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BRITS could be sitting on £700 “treasure troves” in unwanted electronic items.

O2 Recycle offers to buy old bits of tech for generous sums of money – just in time for Christmas.

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O2 Recycle exchanges unwanted devices for moneyCredit: Getty
Many Brits could be sitting on a 'treasure trove'

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Many Brits could be sitting on a ‘treasure trove’Credit: Getty
The scheme means tech is saved from becoming landfill

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The scheme means tech is saved from becoming landfillCredit: Getty

The campaign – running since 2009 – is looking for smartphones, tablets, wearables, earbuds, MacBooks and consoles.

Since its launch, the initiative has recycled a whopping four million devices and dished out £347million.

Nicola Green, from Virgin Media O2 said: “Britons are sitting on a treasure trove of unused tech worth almost £450 which could earn them much needed extra cash in time for Christmas while also reducing e-waste.

“With our O2 Recycle service, anyone can send in their unwanted devices – from phones to laptops and consoles – and boost their festive finances.

“Meanwhile their old tech can be given a second life or recycled – with zero parts going to landfill.”

On average, O2 Recycle pays out:

  • £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

Previous research by the tech firm revealed that Brits have up to 15 million unused mobile phones and just under 3 million tablets dotted around their homes.

PROCESS

Once you’ve provided the relevant information, you’ll be sent a postage label.

Just be sure to stick that on the package containing your phone or gadget.

Millions of Apple Devices Now ‘Obsolete’

Before posting your device, be sure to wipe any important data before a factory reset.

The company will more than likely notify you when your device arrives.

Following a thorough inspection, a final price will be quoted before the money is sent to your account.

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