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How to sell your old laptop

Date posted:  3/1/16 09:00:00 AM

If you in the market for a new laptop, you may be interested in selling your old one to make a little extra cash. To ensure you acquire the most profit and that your personal information is swiped from the device and protected, follow these simple tips:

Become familiar with your device

When you sell your laptop, you must be prepared to answer a number of questions that prospective buyers may have about the actual technology and capabilities of the device. For this reason, research your laptop’s specifications and capabilities so you are as familiar as possible with the device.

And, gaining a better understanding of the product you are selling will help you get the best price possible.

Know the value

Selling your laptop will require some work on your end. You will need to research the model and year of your laptop to determine the monetary value of your device. Check out Craigslist and eBay to determine the typical selling price of similar items to figure out how much to ask for when listing the laptop.

You will also need to consider the condition of your device. The battery life, any updates, its physical condition and available accessories all impact the money you can get back for your computer.

Figure out where to sell

You have many different ways to advertise and sell your laptop. CNET offers some options, including:

  • Facebook groups
  • Nextworth
  • Gazelle

In addition, there are trade-in options available if you simply want to put the value of your laptop toward the purchase of a new device. Businesses like Best Buy and Amazon accept electronics and may provide you with a retail gift card in return.

Wipe the hard drive

PC World noted that sellers may face a number of threats when selling a laptop. To protect yourself, make sure you clean the hard drive so none of your personal information is present on the device. Consider investing in a program, such as WipeDrive, to give yourself peace of mind when sending off your laptop to a buyer.

Get the money before sending

Especially when selling through websites like eBay or Craigslist, there can be issues associated with fraud. Never send a laptop to a buyer until the payment is cleared. If you don’t ensure the funds are sufficient to make the payment, or if you ship before it’s cleared, you can lose a great deal of money and you will have no way of finding the individual who stole your device.

Make sure the shipping address matches the location listed on the users profile. In some instances when these are different, it may indicate something suspicious.

Keep a record of all communication

Whether discussing a selling price, address or the condition of the device, make sure you keep a record of all interactions you have with the buyer. This can be extremely helpful down the road if you hit any hiccups. A hard copy of all communication can also eliminate any confusion or claims against you.

For example, if you indicate in the letter that a key sticks, but the buyer later claims he or she never knew this, you can reference the copies of the conversations that took place and quickly and easily determine whether this is an accurate claim.

Selling an electronic can provide you with some extra money in your pocket. However, before agreeing to a buyer’s terms and price, ensure you do your research and have a good understanding of the true value of your device. By exercising caution during transactions and establishing a plan, you can ensure no issues arise when selling your laptop.