A SAVVY saver has revealed a trick to make money off used iPhones.
TikToker Aash Thapa buys old iPhones at cheap prices on Facebook Marketplace and then resells them.
Gadget recycling stores buy the gadgets from him for more than he paid for.
The self-proclaimed personal finance enthusiast says it can earn you around £200 a day if you’re lucky.
For example, he showed how to get an iPhone 11 128GB for £350 on Facebook Marketplace.
He then checked the handset rating on Compare and Recycle to see they’re paying £460 for it, making a profit of £110.
However, such a trick should be performed with great caution.
You really have to be careful that second-hand goods are authentic when buying from people on Facebook Marketplace.
It’s much better to check products with the seller in person so you can get a feel for it, as the iPhone has to work to be worth anything.
Others have also expressed caution in the comments on TikTok.
“I did that, ended up with the phone being flagged as stolen by previous owners and I had to contact the police and wait three months to get my money,” claimed one user.
“You need to make sure you do your research so you don’t get ripped off,” Aash said.
So it’s not a good idea to try unless you’re absolutely sure of what you’re doing.
Otherwise, you might actually find yourself out of pocket.
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https://www.the-sun.com/tech/5582769/iphone-second-hand-make-money-facebook-marketplace/ My iPhone side hustle can make £200 a day – here’s how and it’s really easy