The process of trading in used mobile phones is cumbersome. From posting a sales post to receiving payment, it’s full of hassle. In addition, there are buyers who ask for refunds, so it goes to the extent of saying that once someone buys a used product, they will never buy it again. However, Mintit allows non-face-to-face transactions and provides additional compensation when new devices such as the Galaxy S23 are released, so many people are using it.
We will tell you everything from how to check Mintit market price to sales.
1. Minthit used phone market price
1) Mintit market price inquiry
2) Mintit grade difference (Grade A ~ Grade D)
Unit pricing method
Case available for sale
3) Mintit Additional Compensation Promotion
4) Mintit return service
2. Sell Minthit used phones
1) Whether the mobile phone owner and the Mintit owner match?
2) Selling stolen or lost phones
3) Limited sales volume
4) Is initialization required before sale?
5) Components upon return
6) Minthit ATM location
1. Minthit used phone market price
Posting on Carrot Market and community marketplaces to sell used phones, resetting data, responding to buyer inquiries, and making transactions can be quite a hassle. The number of people using Mintit is increasing these days because it is a non-face-to-face transaction and the market price according to the level is immediately deposited.
1) Mintit market price inquiry
Mintit market price inquiry is available in the app. Previously, it was available on the web page, but the policy has changed so that it can only be viewed on the app.
Android Mintit app
iPhone Mintit App
2) Mintit grade difference (Grade A ~ Grade D)
When you insert a used phone into a Mintit ATM, the machine itself automatically checks the rating. The inspection takes about 3 to 5 minutes, and the price is set from Grade A to D based on the condition of the screen, exterior, camera, etc.
If you are satisfied with the set amount, the sale is completed immediately and the sales amount is deposited into your account. Compared to the used trading process, it’s pretty simple, right?
Unit pricing method
It consists of grades A to D, with grade A being the highest grade. If all products are in good condition, they can receive an A grade.
Since there are many scratches on the screen and back panel, those with poor exterior appearance may lose money in terms of price. If you have subscribed to Apple Care for iPhone or Galaxy Care for Samsung, there is also a way to repair and sell it before the end of the period.
Case available for sale
Can’t call
No sound (speaker broken)
Poor vibration
Rear cover damaged or damaged
Bruises, black spots, and lines on the liquid crystal display
Cases like the one above are also available for sale. These are sold as parts phones.
It can be sold, but its rating will drop.
3) Mintit Additional Compensation Promotion
Additional compensation is given when a new Galaxy terminal is released.
It is a type of trade-in function, and since the product is purchased at an amount that adds the additional compensation price to the existing sales price, many people aim for this type of promotion when a new terminal is released. Additional promotions were also carried out for the recently released Galaxy S23.
Note 10 and Note 9 users can receive an additional compensation of 150,000 won when they purchase the Galaxy S23.
Because the discount is large, there are cases where people purchase a used model with additional compensation before buying the Galaxy S23.
Check additional compensation amount
4) Mintit return service
It is said that there are many Mintit ATMs, but the reality is that they are still lacking in rural areas. For these people, private companies sometimes provide Mintit return service. From the company’s point of view, they also sell used phones, and people who want to buy a new phone often use them because they can buy them at a cheaper price.
Mintit return service method
2. Sell Minthit used phones
1) Whether the mobile phone owner and the Mintit owner match?
Even if it does not match the title, the person who owns the used phone can sell it.
This means that I can take my mom, dad, and brother’s cell phones and sell them for Mintit. However, stolen or lost phones cannot be sold.
2) Selling stolen or lost phones
Of course, Mintit also has countermeasures for this. At the time of purchase, we only purchase normal phones by checking the theft report and IEMI. It’s non-face-to-face, but you can’t do this without checking, right?
If you try to return your stolen phone, the message ‘This device cannot be sold’ appears on the Mintit ATM screen.
3) Limited sales volume
There is no limit to the number of units sold. If you have one, you can sell 1, if you have 2, you can sell 2, and if you have 10, you can sell all 10.
4) Is initialization required before sale?
Used transactions require initialization, but Mintit does not require initialization.
They say you don’t have to worry because Mintit retrieves your phone and resets it on its own.
5) Components upon return
One of the good things about Mintit is that you only need the main body when returning it.
This is a benefit compared to the price being deducted by 10,000 to 20,000 won if there is no box when trading used goods. You don’t need the box, earphones, or charger – just return the unit.
6) Minthit ATM location
This is the current status of Mintit ATM. For example, even Homeplus is not available in all branches. You need to check if you are in that location before visiting.
SKT, KT, U+ dealership
E-Mart, E-Mart Traders
Homeplus
Lotte Mart
Samsung Digital Plaza
Hi-mart
electronic land
LG Best Shop
post office