topic Re: Part-Exchange phone against remaining contract fee? in Pay Monthly

Part-Exchange phone against remaining contract fee?

Anonymous — Tue, 10 Feb 2015 11:04:21 GMT

Basically, as the title says; am I able to part-exchange my current phone against the remaining amount on my contract?

My iPhone 5 is valued at £90 (acording to O2 - a bit cheap in my opinion) and my outstanding balance is £100.

Could I upfront pay with my phone and £10 to start up a new contract?

Thanks,

Jack

Re: Part-Exchange phone against remaining contract fee?

Anonymous — Tue, 10 Feb 2015 11:06:04 GMT

If your on refresh tariff you can pay off the handset plan and take out a new contract.

You could use O2 recycle to get some cash for your old phone or use CEX as another example.

Re: Part-Exchange phone against remaining contract fee?

Anonymous — Tue, 10 Feb 2015 11:12:42 GMT

Thanks for your response; ideally I'd like to avoid paying it off in cash and use the phone as a payment if I were to do this in store - If you can see where I'm coming from?

Thanks

Re: Part-Exchange phone against remaining contract fee?

Anonymous — Tue, 10 Feb 2015 11:19:00 GMT

Yes.

Info.

"
Can I Recycle at my local O2 Store?
Yes, you can place your recycle order at your local O2 store. However, if you have already placed your order online you will have to go through the order process again in store.

Find your local O2 store"

From https://www.o2recycle.co.uk/faqs.aspx

Re: Part-Exchange phone against remaining contract fee?

Cleoriff — Tue, 10 Feb 2015 11:19:08 GMT

@Anonymous wrote:
Thanks for your response; ideally I'd like to avoid paying it off in cash and use the phone as a payment if I were to do this in store - If you can see where I'm coming from?

Thanks

I don't think you can use your phone as part payment against another? You can certainly send it to O2 recycle which you have already mentioned....other than that you could sell it privately or trade in at other stores for cash...

Re: Part-Exchange phone against remaining contract fee?

MI5 — Tue, 10 Feb 2015 11:21:58 GMT

Use O2 recycle and have the payment applied to your account.

Re: Part-Exchange phone against remaining contract fee?

jonsie — Tue, 10 Feb 2015 11:23:09 GMT

You can't use a phone as part payment at all either through O2 Recycle or any other means. Sell the phone and use the money as payment is your only option.

Re: Part-Exchange phone against remaining contract fee?

Bambino — Tue, 10 Feb 2015 12:12:13 GMT

Be careful if you decide to use O2 Recycle. We have seen instances on here of people being offered less than they thought they were going to get because O2 Recycle said the phone was not in the condition the seller said it was. Make sure you have photographic evidence of the physical condition of the phone before you send it off.

Re: Part-Exchange phone against remaining contract fee?

Anonymous — Mon, 22 Jun 2015 23:05:22 GMT

Hi I would like to do as you are asking, use my old phone to upgrade, I have done this before with other phones, but not sure if you can still do it, did you manage to use your old phone as part payment??

Thanks Sue

Re: Part-Exchange phone against remaining contract fee?

perksie — Mon, 22 Jun 2015 23:12:55 GMT

No, see @jonsie 's answer above.

Re: Part-Exchange phone against remaining contract fee?

jonsie — Tue, 23 Jun 2015 04:29:15 GMT

No sorry it can't be done so sell the phone for as much as you can and put the money towards a new phone.