Brits hoarding £11bn worth of old mobiles

34 per cent keep their phones for nostalgic reasons like looking at old text messages.
Brits are hoarding an estimated 124.8 million unused mobile phones worth around £10.73 billion, finds SellMyMobile.com.
The average British phone user has two idle phones lying around their home, and nearly 32 per cent have three or more.
With the average device sporting an £86 price tag, some of us could be starving our wallets of £172. Imagine how many iPhone cases that could buy.
In most cases this could be down to pure laziness, however 34 per cent have admitted to being a little nostalgic when it comes down to letting our old phones go.
They say they enjoy sifting through old text messages, reminiscing on the good old times at least once a year – 15 per cent admit to doing this more than every six months…
Men have proved to be more clingy as 13 per cent have said that they store their phones in a box, or cupboard – probably in the ‘man draw,’ you never know when you might need it after all – compared to just seven per cent of women.
Keir McConomy, founder of SellMyPhone.com, said: “The Mobile Mountain study really highlights how many Brits are still unaware of the money they can make by trading in their old mobile phone.
“It’s surprising that one in five admitted to being too lazy to recycle or sell their old phone – through recycling sites the process couldn’t be easier.”

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