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Money to be made buying and selling faulty phones ?

  • 25-04-2014 1:31pm
    #1
    sw33t_r3v3ng3
    Registered Users, Registered Users 2 Posts: 537 ✭✭✭


    Hi, ive noticed that online, used faulty phones can be bought really cheap. Is their big money to be made in buying faulty phones and either repairing them or just selling the on the way you bought them.

    If so which would be better. I have experience with fixing Iphones and HTC'S and would be interested in looking into this.


Comments

  • #2
    Sh1tbag OToole
    Closed Accounts Posts: 3,973 ✭✭✭Sh1tbag OToole


    sw33t_r3v3ng3 wrote: »
    Hi, ive noticed that online, used faulty phones can be bought really cheap. Is their big money to be made in buying faulty phones and either repairing them or just selling the on the way you bought them.

    If so which would be better. I have experience with fixing Iphones and HTC'S and would be interested in looking into this.

    I did this for a bit but tis hard to make money from it unless you get the phones for free. The faulty phones seemed to cost the same as any other second hand phone - the cost of whatever had to be replaced


  • #3
    sw33t_r3v3ng3
    Registered Users, Registered Users 2 Posts: 537 ✭✭✭sw33t_r3v3ng3


    Sh1tbag OToole wrote: »
    I did this for a bit but tis hard to make money from it unless you get the phones for free. The faulty phones seemed to cost the same as any other second hand phone - the cost of whatever had to be replaced

    heres what im thinking:

    if you were to buy one for under €10 lets say fix the digitizer, would cost €10 at the most. sell it on for €40-50. Thats a profit of €20-30 put 10 aside as profit, use the other 10-20 to buy another and fix it. Its slow to make money but could possibly work.


  • #4
    Artful_Badger
    Closed Accounts Posts: 4,339 ✭✭✭Artful_Badger


    Thar be gold in them there phones. Strip em down for scrap.


  • #5
    sw33t_r3v3ng3
    Registered Users, Registered Users 2 Posts: 537 ✭✭✭sw33t_r3v3ng3


    Artful_Badger wrote: »
    Thar be gold in them there phones. Strip em down for scrap.

    And sell on as parts ?


  • #6
    Artful_Badger
    Closed Accounts Posts: 4,339 ✭✭✭Artful_Badger


    sw33t_r3v3ng3 wrote: »
    And sell on as parts ?

    I dont know, I just heard once there was a bit of gold in phones. If you're paying for them though I doubt they would be worth much scrapped.


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  • #7
    sw33t_r3v3ng3
    Registered Users, Registered Users 2 Posts: 537 ✭✭✭sw33t_r3v3ng3


    Artful_Badger wrote: »
    I dont know, I just heard once there was a bit of gold in phones. If you're paying for them though I doubt they would be worth much scrapped.

    Why would there be gold in phones ??


  • #8
    Artful_Badger
    Closed Accounts Posts: 4,339 ✭✭✭Artful_Badger


    sw33t_r3v3ng3 wrote: »
    Why would there be gold in phones ??

    Useful metal to make the phones do what phones do I'd imagine. Search google for gold in phones there and you'll get a load of info on it.


  • #9
    Donkey Oaty
    Closed Accounts Posts: 4,533 ✭✭✭Donkey Oaty


    Artful_Badger wrote: »
    Useful metal to make the phones do what phones do I'd imagine. Search google for gold in phones there and you'll get a load of info on it.

    No results found for "gold in phones there".


  • #10
    sw33t_r3v3ng3
    Registered Users, Registered Users 2 Posts: 537 ✭✭✭sw33t_r3v3ng3


    Woah, thats interesting. Im still a bit sceptical though !


  • #11
    sw33t_r3v3ng3
    Registered Users, Registered Users 2 Posts: 537 ✭✭✭sw33t_r3v3ng3


    Donkey Oaty wrote: »
    No results found for "gold in phones there".

    https://www.google.ie/search?q=gold+in+phones&oq=gold+in+phones&aqs=chrome.0.69i59j0l5.2124j0j7&sourceid=chrome&es_sm=93&ie=UTF-8


    search again !


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  • #12
    Donkey Oaty
    Closed Accounts Posts: 4,533 ✭✭✭Donkey Oaty


    sw33t_r3v3ng3 wrote: »
    https://www.google.ie/search?q=gold+in+phones&oq=gold+in+phones&aqs=chrome.0.69i59j0l5.2124j0j7&sourceid=chrome&es_sm=93&ie=UTF-8


    search again !

    Hey...you can search for things without quotes?

    Nobody tells me anything.


  • #13
    jimgoose
    Registered Users, Registered Users 2 Posts: 20,195 ✭✭✭✭jimgoose


    sw33t_r3v3ng3 wrote: »
    Why would there be gold in phones ??

    Most printed-circuit-boards and many chips have a bit of gold in them. It's an excellent electrical conductor.


  • #14
    darkpagandeath
    Closed Accounts Posts: 24,465 ✭✭✭✭darkpagandeath


    The components in the phone are worth more than the sum of it's parts if sold as faulty. They recycle a lot of this stuff in India/China. And make new phones out of the refurbished parts. Or melt the precious metals down and so on.


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