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With a seemingly never-ending stream of new smartphones hitting the market each year, the temptation to upgrade is strong. There's evidence that we're keeping our smartphones for a little longer than we used to, with the average person waiting 20.7 months to upgrade. However, there are still a lot of old phones in dressers and closets across the country. According to International Data Corporation, approximately 1.5 billion smartphones were sold last year, a figure that is expected to rise.

As a result, the question of what to do with your old smartphone is critical. Many of us sell or trade in our old smartphones to get money toward our next purchase, but millions of devices sit unused, gathering dust, and steadily depreciating. In this guide, we'll show you how to determine how much your old phone is worth, where to sell it, and how to prepare it for shipping. It's a good idea to begin spring cleaning since it's cathartic and profitable.

It feels good to get rid of old items, make some space, and line your pockets at the same time. Choosing what to sell will be your first obstacle, so go through your closets and gather your old smartphones so that we can inspect them.

There are several valid reasons to keep an old phone rather than dispose of it: you may want to pass it on to a child, you may want a backup device in case your current phone breaks, or you may have repurposed it as a smart home device.

Just keep in mind that if you do intend to sell your old mobile phone online one day, delaying it will only reduce its value. The longer you keep an old device, the less it is worth.