Mobile Phone Deals: Are You Overpaying?

Money & Finances Personal Finance Technology

There has never been a more confusing time to upgrade your phone, change your contract or switch providers. The vast array of contract options, smartphone features, and network provider incentives make, what should be a simple task, feel like you’re being forced to retake your driving test. The saying goes that with great knowledge comes great power. However, in the world of mobile phones, at times it can simply appear too hard to obtain any of the knowledge vital for choosing your next smartphone wisely. Phrases such as SIM only and PAYG have emerged over the past few years generating a whole new level of mystery jargon. Take a look at this guide to mobile phone ownership to enable you to feel more confident when taking your next venture into the world of telecommunications.

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SIM Only Or Contract?

This is an age old question that has been puzzling smartphone connoisseurs for the past couple of years. The major advantage of opting for a contract is that there is no need to pay for your handset up front. iPhones, Samsungs and Sonys can cost as much as a small car if you’re paying top money for them on a SIM only deal. If you take a look at a specialist site like you will be able to explore all of the different options and pinpoint the one that makes the most economic sense for you.

Resale Value

You may be one of those people who can’t resist getting the latest much-hyped handset as soon as it’s released. Being tied into a two-year contract can make that particularly difficult but, at the same time, it also prevents you from frittering your hard-earned money away on new smartphones every three months. Whether you opt to sign up for a contract or go for the flexibility of a SIM only deal, you’ll be able to sell on your old handset when the time comes. There are many companies such as that allow you to sell your secondhand phone and receive a healthy price, provided the phone is still working and isn’t damaged in any way. This can then go towards the cost of your new smartphone or contract.

Thinking Outside The Box

If you are on a shoestring budget but still want to get your hands on one of the latest handsets, take a look at to see if there are any smartphones that you like the look of. The choice will be limited, and you will be taking a huge risk. The last thing you want is a cheap forgery of a top quality smartphone. If you are going to explore this option, check out your potential seller’s reviews and always ensure that the phone you are bidding on or purchasing is unlocked.

The explosion of smartphones onto the market has seen mobile phone ownership grow beyond the wildest dreams of network providers. However, it is still up to you to hunt around to ensure you get the best possible deal to suit your needs.