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Sell Your Stuff to Amazon

Sell Your Stuff to Amazon

Do you have textbooks, video games, movies, or electronics that you no longer use? If so, you might consider selling them to Amazon via their new “Trade-In” platform. The service is still in beta, but it appears to be fully functional and some of the prices are actually quite good.

Here’s how it works:

  1. Search for your item of interest (be sure to pick the right category)
  2. Click the “Trade in” button
  3. Select the quantity and condition
  4. Print a free shipping label
  5. Package your items and ship them
  6. Receive Amazon credit upon approval of your trade

That’s it, very easy. The primary advantage of this service is that it’s completely painless. Sure, you could sell your stuff on eBay, Craigslist, or even Amazon’s own marketplace, but with Amazon Trade-In you don’t have to bother with creating a listing, paying fees, waiting for bidders, dealing with unhappy customers, etc. And there’s no risk of getting ripped off.

On the downside, the prices are less than what you’d get on the open market, and you get paid in Amazon credit vs. cold, hard cash. Is it worth the tradeoff? That’s up to you. But when I searched, I find a couple of tempting offers.

For starters, I have an old iPhone 3Gs laying around from when I upgraded to the iPhone 4. When I searched for this particular model (the 32GB version) I was surprised to see that it listed for $243. Upon clicking through, I discovered that $243 is the best case scenario (for a “like new” phone with all packaging), and that my phone in “good” condition would fetch $194.

A quick look at eBay reveals that this model often sells for somewhere in the mid-$200 range, though many of those are jailbroken and/or unlocked and thus worth a bit more. Regardless, it looks like I’d have to settle for 20-25% less from Amazon vs. selling it to a private party. That being said, it’s still a tempting offer because it’s so convenient, and because we shop at Amazon enough that store credit is as good as cash to me.

The other item I check was our copy of Super Mario Galaxy, which has been sitting on the shelf since shortly after I bought it. Back when we first got our Wii, everyone was raving about this game and I found a deal on it, so I picked it up. But guess what? Nobody in our household like it, so it’s barely been touched.

I’ve been planning on selling it on eBay “one of these days,” but here we are three years later and it’s still just sitting there. A quick check on Amazon reveals that it’s worth $20.25 in “good” condition. Once again, I could sell it for a bit more on eBay, but history shows that the chances of me actually going to the trouble of doing so are roughly zero.

In the end I decided to trade in the video game, though I’m still undecided on the phone (which our youngest son sometimes uses as an iPod). I’ll keep you posted as things develop…

Posted by on May 23, 2011.

Categories: Consumer

6 Responses

  1. If you have textbooks, try searching on textbook rental sites to see if they’ll buy it for more. I found sites like chegg.com will give you more because their business model makes each book more valuable. Rather than selling it to Amazon, who then resells it, the rental places can rent that book out and give it a higher lifetime value – which means more for that book.

    by Anonymous on May 23, 2011 at 10:06 am

  2. Nobody liked Super Mario Galaxy? That’s really a shame. šŸ™

    by Anonymous on May 25, 2011 at 11:27 pm

  3. Great post! It’s all about time management for me. Do I want to list something on eBay and wait 5-7 days for the auction to end then wait for payment then ship it off just for a small profit. Or make a smaller profit faster? I use amazon because it’s fast and easy. I also shop a lot on Amazon.

    by Anonymous on May 29, 2011 at 10:36 am

  4. Yesā€¦.They play Dirty!

    I am the product development manager for an online company. We decided to become a seller on Amazonā€¦.BAD IDEA! The only reason that Amazon allows other sellers to participate is to steal good ideas. We have a very niche product, and as soon as Amazon saw how well we were selling, they contacted the manufacturer, and started selling our productsā€¦and undercutted our priceā€¦UNDER OUR COST from that manufacturer.

    Then they charged US fees to give them this information and steal our marketshare. All in allā€¦we did Millions on Amazon with NO PROFIT!

    AMAZON IS Horrible

    by Anonymous on Jun 16, 2012 at 7:00 am

  5. try to sell your stuff here:

    http://www.goods4all.com

    by Anonymous on Jul 4, 2013 at 11:07 am

  6. At this time it seems like WordPress is the preferred blogging platform available right now.
    (from what I’ve read) Is that what you are using on your blog?

    by Anonymous on Aug 7, 2013 at 11:33 am

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Hello and welcome. I’m “nickel”, and I’m the guy who runs this place. I’m a thirty-something family man with a loving wife and four wonderful kids. I’ve been sharing my thoughts on various topics related to money and finance here on FiveCentNickel since May 1, 2005. While my wife and I have always been pretty […]more →