News-Antique.com - Jul 08,2010 - Consumers have become more aware about how to mobile phone recycling for cash, especially when it comes to selling your old handset. However do consumers actually understand what happens to their mobile phone once it has been sent to a recycler.
Through research into the mobile recycling market, we can trace handsets originating in the UK being refurbished in the Far East with a few weeks. There are some recyclers that do refurbish handsets for the UK market, however the major recyclers will normally move on the mobile phones they have received in from consumers within a couple of days.
The cash required to fund these large mobile recycling companies is huge. Cash exposure could be as high as £1,000,000 per day and when you multiply this by the time it takes for these companies to recycle or sell mobile phones on to dealers in the Far East, the numbers are just massive.
So how do they reduce this, very simply the large recyclers are buying your mobile phone to order. The cash price you are offered when recycling your mobile phone will vary daily if you view just one recycler
We advise you use a mobile phone recycling comparison website to the best price for your mobile phone. Online website www.comparemymobile.com shows you the best price from 20 mobile phone recycling for cash companies, therefore you can see where to get the best cash price for your mobile phone.
For more information visit: http://www.comparemymobile.com