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Four ways to make money from your pre-loved items

In this money saving advice piece we look at how to make money using cash for gold sites, car boot sales, auction websites.
By Ben Lobel on Dec 20th, 2016   @freelotteriesuk

If your home could do with a declutter and you would like to make a bit of extra pocket money, selling your pre-loved items is a great idea. There are so many ways in which you can do this, from auctioning them online to selling them at a car boot sale.
Here are some of the best ways to make money from your unwanted belongings and all of the information you’ll need to get started.

Auction websites

If you’re trying to get rid of items that you suspect will garner a lot of interest, auction websites are a great option. You’re probably aware that eBay is a popular platform among people trying to sell their pre-loved items, and with good reason — according to a recent report published by the company, the website has a total of 165 million active buyers from around the world. So, if you decide to list an item, it’s very likely that someone from somewhere will be interested. And, if it attracts multiple people, your listing might become the subject of a bidding war, which could result in you making more money than you had imagined.

It’s very easy to set up an eBay account. All you need to do is register as a user and set up a PayPal account. Once you’ve done this, you can begin to list your items. You’ll be able to choose your own starting prices and decide how much to charge for postage and packaging, as well as add pictures and descriptions that will help to sell your goods. 

Listing websites

Listing websites, such as Gumtree and Craigslist, are similar to auction websites, although they tend to be favoured by people selling larger items like furniture. However, auctions don’t tend to take place on these websites and, instead, items are simply sold for a pre-agreed price.

These kinds of websites are great for finding and selling items in your local area, which is great if you are looking to sell larger items that need to be delivered or picked up. They also tend to be free to list on, which is another advantage of using these platforms.

Cash-for-gold merchants

If your jewellery collection is due a declutter, look to see whether there’s any gold pieces you would be willing to part with. Gold is always in high demand, and there are companies that will value your selection and offer a price for it. It doesn’t even have to be in perfect condition — gold is still valuable if it’s old or broken.
H&T Pawnbrokers, for example, offers a very reliable cash for gold service and you can request an instant quote for your collection through their website. This means you can get a good idea of how much money you should be expecting to make before taking your gold to one of their 180+ branches across the UK.

Car boot sales

If you aren’t particularly tech savvy, or would simply prefer to sell your belongings through a more traditional method, why not take your pre-loved belongings to a car boot sale? There’s likely to be a pitching fee of around £5–10, and you might struggle to sell your items for as much as you would online, but it can be a great experience all the same.
Use a website like Car Boot Junction to find car boots that are close by. Once you’ve chosen one that’s right for you, look online or give the organisers a call to find out how much you’ll need to pay for a pitch and what time you need to turn up. Then, you just need to pack everything in your car — including a folding table and some chairs — drive to your spot, and set everything up. This is a great way to sell things like old books, DVDs, kids’ toys and costume jewellery that you’re unlikely to get a lot of money for.

If you’re looking for some ways to get rid of your unwanted belongings and make some extra money while you’re at it, explore some of these options and you’ll be on to a winner.