Before upgrading an iPhone, many consider selling their old phones for cash to one of the hundreds of companies offering to buy them.
CBS ConsumerWatch Reporter Julie Watts reports on one company that has drawn hundreds of complaints—and it is not alone.
A savvy seller knows these companies are not likely to give you as much as they quote you to buy your used used electronics.
However, legally the companies offering to buy them must let you decline the revised lower offer.
A warning before you sell your used phones/computers: Be sure to search for complaints on the companies you’re considering and don’t assume the best offers are realistically what you’ll get for your used phone.
SACRAMENTO (CBS13) — An investigation is now underway for an online company that quotes top dollar for your old laptops, tablets and phones. But some of the checks people are getting after sending in their gadgets are far less than the price originally quoted.
Marilyn Penko was quoted $212 online for her iPad 3. She said she sent it in to Cash For Laptops, but then she got an e-mail saying, they’d only be sending her $31. Continue…