Need Money Quick? Maximise Your Gain!

By -

For the last few years, laptops have slowly been finding themselves replaced with other gadgets. While the majority of us have purchased a laptop at some point, most of us don’t need them. With better prices, and better quality, on a tablet or smartphone, anyone who just wants to shop or use their social is really better off with the mobile device. Unfortunately, it can be difficult to sell used laptops, mainly because they are a target for scammers looking to make a quick buck on your electronics. If you want to sell your laptop, here are a couple of ways to go.  

Fully Inspect Your Laptop 

One of the first steps to making sure you get your money’s worth is making sure you know what condition your laptop is in. If you have the original charger, the computer isn’t scratched, and it’s pretty much in like-new condition, then you can get a lot more money for it than if it’s scratched, missing keys, or missing anything. Another thing you should do is note the CPU, the storage space (hard drive) and the memory. These specifics are typically marked on a sticker next to the keyboard but may also be on the bottom, depending on the brand. As a general rule, the lower your computers specifications, and the older it is, the less it is worth. But don’t worry; you can still sell your laptop, even if it’s very old. Typically a laptop with 500GB of storage and 2 GB of DDR3 Memory is going to be worth about three to four times that of an older model with 120 GB of storage and 250 MB of RAM. However, some companies will give you cash for your laptop based on the model and condition alone, so this may not be a concern.  

Decide Where to Sell  

There are a number of places where you can sell your used laptop, although most of them have their own pros and cons. The most common options include Amazon, eBay, consignment shops, second-hand buyers such as Music mag pie, and sites like Craigslist. This is the most important part to selling your laptop, so it’s important to pay attention.   

eBay 

eBay makes it easy for sellers to list and sell electronics and gadgets of all kind. The process involves signing up, confirming your mobile number and bank account, and then uploading multiple photos, writing a description, and posting your listing. You have to respond to multiple people who ask questions, and depending on whether you set it as buy it now or on an auction take some risk. For example, if you set the laptop up as an auction, you might sell it for almost nothing if no one bids. It is also important to keep in mind that eBay charges a percentage of your sale, and PayPal typically charges a percentage as well. Listing fees do cut into your profits so keep them in mind. Sales on eBay can happen anywhere from a few days after listing to a few months after listing, so you may have to be patient.  

Amazon 

Listing on Amazon is similar to listing on eBay except that you have to create a seller account, and then pay 99 pence per listing. In addition, Amazon shows users second-hand options with lowest prices first, so if you want to make a sale, you have to offer a better price than anyone else. Like eBay, it typically takes at least a month to make a sale on Amazon.  

Consignment Shops 

Consignment shops are sometimes hard to find, but if you can find them, they are a decent place to sell. Most consignment shops take 15 to 20 % of the sale price, and sales can take a long time, but you won’t have to worry about the laptop in the meantime. The benefit of consignment shops is that you only have to deal with the storeowner. On the other hand you also have to make sure he or she is not taking more than is agreed upon and you have to collect your payment.  

Second-Hand Buyers 

For anyone wanting to sell their laptop quickly, a second-hand or aftermarket buyer is the best way to go. These sort of sites offer a set price based on the model, age, and condition of the laptop, and then typically send you money and a box to ship it in. This is the easiest way to get rid of a laptop without dealing with anyone trying to offer less or scam you. If you want to use an aftermarket buyer, try looking for well-known options like MusicMagpie.co.uk, rather than selling to just any random website. The best benefit of aftermarket buyers is that they purchase your item very quickly, so that you get cash right away.  

Craigslist 

If you don’t’ want to be scammed, try avoiding this site. It’s a great place for finding a job, but for the most part it’s a very bad place to sell electronics. If you do decide that you have to use it, make sure that you screen buyers in advance and then if you meet them, do so in a public place.  

There are plenty of ways to sell an old laptop, especially on the Internet, but you do have to be careful because some sites are riskier than others. As a general rule, if you want to sell quickly, aftermarket sites are the best way to go. 

Your author Charles Barley once sold his old laptop. When he did this he made sure he knew how to get as much money as possible for it.

Sarah Pinkerton

Leave a Reply

Your email address will not be published. Required fields are marked *