Selling phone while in contract

Emmanouil
Emmanouil Posts: 13 Forumite
First Anniversary First Post
edited 3 February 2021 at 12:14PM in Mobiles
Hello all, just a question, I have a phone contract with Three (24months duration), I am currently in month n.7 but I am not happy with the device I selected. My question is, can I sell the device (phone is unlocked) and use my Sim card in another device and continue paying my contract normally? 

Comments

  • Browntoa
    Browntoa Posts: 49,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yes you can 
    Ex forum ambassador

    Long term forum member
  • Is it legitimate?
  • pbartlett
    pbartlett Posts: 1,397 Forumite
    1,000 Posts Name Dropper

    Can I sell my phone if I still owe money?

    You can in most cases, but check first.

    Most contracts work like a loan. When you buy a phone on contract, the network has essentially given you the cash to pay for it. This cost is rolled into your monthly bills.

    In these cases, you own the phone as soon as you sign up and you’re free to do what you wish with it – as long as you keep paying the monthly payments for the duration of the contract period.

    There are some exceptions, however. EE, for example, state that you can’t sell your device until 6 months into your contract (the period over which you actually pay for the phone).

    Similarly, O2’s Refresh plan operates as a lease rather than a loan. This means you don’t actually own the phone until you’ve paid off the handset part of your contract, which means you can’t sell it. However, you can sell it if you settle up that part of the agreement.

    In short: if you’re still tied into a contract, your best bet is to check before you sell

  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The network really doesn't care, as long as you are still paying the monthly bill.
    No free lunch, and no free laptop ;)
  • Jon_01
    Jon_01 Posts: 5,914 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    macman said:
    The network really doesn't care, as long as you are still paying the monthly bill.
    And if you stop paying the bill the network will blacklist the phone and whoever you sold it to will be wanting a refund...
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