Research released today from The Gadget Show Live 2012 shows that the average UK household can turn unused gadgets into £322* cash to help pay for Christmas. The survey, conducted with over 1,300** households, also revealed that adults now spend an average of £994 per year on new tech.
With many people struggling to make ends meet this Christmas, it appears we are missing out on a valuable resource in the old gadgets we have sitting around at home. By utilising regeneration sites, products such as mobile phones, laptops, games consoles, handheld gaming devices, digital cameras, iPods,and Sat Navs can be quickly converted in to cash - with the added benefit that they are refurbished and reused by a new owner.
The research highlighted that 41% of us have previously traded in old mobile phones for cash, but less than a quarter have traded in other gadgets. People in London, Northern Ireland and Wales have the highest value in unused tech (worth £370, £311 and £308 respectively). Whereas households in the north-west have the least, with £218 worth of unused gadgets on average per household.
Londoners buy the most new gadgets, spending on average £1,168 per person per year, closely followed by the Welsh (£1,140) and those in the East Midlands (£1,137.67). Although it appears people in Canterbury have a particular passion for tech, with an average annual spend of £1,916.67. Those in Lancaster spend the least, with just £530 per year.
The money in unused gadgets could pay for the following ‘must have’ gadgets this Christmas, as suggested by tech guru and Gadget Show presenter, Jon Bentley:
- Samsung 55 inch 3D LED-backlit LCD TV: Elegant and with a glorious picture in both 2D and 3D, this is one of the best TVs I’ve tested. (From £1,699)
- Xbox Kinect with Your Shape, Fitness Evolved 2012 - An intriguing way to keep fit using the Xbox 360’s impressive Kinect motion sensing system (game only £39.98)
- Fujifilm X10: with its chunky retro styling and superb image quality this is a compact camera to love. Not cheap but it’s worth it. (From £418)
- Lenovo G570 Core i3 laptop: Budget laptops are getting better and better. For about £380 this one’s impressively quick with a crisp keyboard action and has everything most people need from a home computer . (From £380)
- OnLive Gaming Subscription: OnLive delivers top-tier video games to your TV, PC, Mac, tablet or smartphone over the internet via Wi-Fi or 3G (around £34.99 for latest games)
- Orange San Francisco 2: Not everyone wants or can afford a £500 smartphone. This is a fully featured, decently quick Android phone for under £99. Free on most contracts. (From £99)
- Canon EOS 60D: A great DSLR that can shoot excellent video. (From £710)
- iPad 2 : With its impressive range of apps and gorgeous styling it’s still the best tablet you can buy. (£399)
- Nike+ Sportwatch GPS: A very stylish GPS watch that keeps track of your workouts (£164)
- Sony 3D Camcorder: I was surprised how brilliantly this consumer camcorder captures 3D footage, and makes it easy to shoot with its logical controls and built-in glasses-free 3D viewfinder. (From £999)
Ideas to help you make the most of your £322 in trade-in gadget cash include:
- Tablet gift-set for someone special (total cost £304)
Blackberry playbook tablet (special offer with PC World for only £249), smart slip sleeve (£29.99) plus a ticket to The Gadget Show Live and Super Theatre (£24.98)
- Top toys for the kids (total cost £307)
LeapPad Explorer, electronic "tablet" for under-10s (£79.99), Lego Ninjago Fire Temple (£91.99) Fireman Sam Pontypandy Rescue Set (£29.99), Fijit Friends from Mattel (£54.99) plus family ticket (for 4) to The Gadget Show Live 2012 (£49.92)
- For the entire family (comes in under £307)
TRESemme Volume Styler, (£25.49 from Boots) for Mum, AKG K316 sports headphones (£22) for dad, Totes Isotoner SmarTouch gloves for the teen with smart phone (£15), Friends from Mattel (£54.99) and Kidzoom Twist camera (£49.99) for the younger ones, plus the popular Amazon Kindle for the grandparent (£89), in addition to a family ticket (for 4) to The Gadget Show Live 2012 (£49.92)
Matt Hodgins, event director at The Gadget Show Live, announced the survey results today and said: “Many cash-strapped families aren’t aware of the money they can make from old gadgets. Although many of those surveyed have recycled or regenerated old mobile phones, very few are cashing in on old games consoles, laptops and other unused gadgetry. With The Gadget Show Live tickets now on sale, what better way to spend an unexpected wind-fall than to buy someone a Christmas gift of tickets to the show to see the latest products at the UK’s biggest and best consumer tech event.”
The Gadget Show Live 2012 is the UK’s biggest and best consumer tech event, www.gadgetshowlive.net/tickets and takes place at Birmingham’s NEC from 11 to 15 April. The five-day event, based on the popular Five TV show, is the perfect place to see, try and buy the very latest tech – with many products being shown in the UK for the very first time.
* Based on regeneration value for tech found in UK households supplied by Anovo ( www.anovo.com)
** Research carried out via online research experts, Explori.com
*** Prices based on manufacturer RRP and offers currently available from PC World/Currys
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