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Brits could be sitting on £700 in unused items – how you can make money off of second-hand ‘treasure trove’

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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

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Many Brits could be sitting on a ‘treasure trove’Credit: Getty

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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.

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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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