How much is my laptop worth?

How much is my laptop worth?

How much is my laptop worth? At one time or another, we often find ourselves asking this question. In this article, we will answer this question and put it to rest.

Everyone loves owning a new piece of hardware whenever they can, and if you’re like me, you love treating yourself to a new one whenever it is possible. The one major thing we however have to deal with is the laptop getting old at some point. It’s something you don’t want to think about at first, but when it happens, you can’t really ignore it. So when the time finally comes, as surely it will, you find yourself asking how much is my laptop is worth. So to put the matter to rest, in this article we’ll try to address that and much more.

At some point in time, some of you have probably considered selling their old laptop/s, but how much does it really sell for? Or how much should you sell it for? The value of laptops fluctuates constantly so how do you know how much yours is worth? And how can I check if it’s broken or not before selling it on eBay? This post will hopefully answer all of that and more.

How much is my laptop worth

How Do I Find Out How Much My Laptop Is Worth?

You may be surprised how much your old laptop is worth. In some cases, I have seen people selling their used laptops for more than they originally paid for them! How can that happen? Well…

Let me share how you can make an easy 1k extra with your old laptop. You’ll need 3 basic things mentioned below and somewhere around 15-60 minutes of time in total:

1) Your old laptop – a little bit older preferably (but any kind will do)

2) Knowledge on how to sell stuff online

3) An eBay account or other similar sales platform (eBay is the most popular though)

Step 1 – how do I find out how much my laptop is worth?

Easy part. Just head over to eBay and search for your product online. I won’t lie, it’s not really hard but it requires you to have some knowledge on how to sell things on the internet. Don’t worry though! I’ll guide you through the whole process in this article so that even if you haven’t sold anything before, you will get a nice amount of cash in exchange for your old laptop.

The first thing you want to do once you get onto eBay (or any similar sales platform) checks how many people are selling the same or something very similar product as yours each day. What we are looking here at is how fast old products are moving and how much competition there is. It’s important to know how fast the items you’re selling are being bought, how long it takes until they get sold (to see how many hours/days do people wait after making a purchase) as well as how much profit people make on average with this kind of item.

How Can I Find Out How Much People Make On Average Each Day?

You want to look at the values listed under the “current price” section of each product. Because eBay doesn’t let us see how much were these products sold in the past for, we have to use other people’s listings instead which tell me how much others prices their laptop/device per day (or by week, month and year).

#Step 2 – how do I find out how much my laptop is worth?

Once you’ve gotten to know how fast old products move and what profit other sellers make, the next step would be setting your own price. You are probably wondering how can I do that without knowing how much it originally cost me or how much time I spent owning it. This step will require a little bit of math but not too bad. How we calculate our asking price is by simply calculating based on how many hours/days an item was used for (the total amount of time the product has been owned) as well as how many days/hours in a week/month/year respectively. Let me say that again so it sinks in:

What we get is how many hours/days an item was used for as well as how many days/hours in a week/month/year respectively.

The main reason why you want to know how much time the product has been owned is that on how fast old products move. The more it’s used, the less time it will stay online and available for purchase. So basically what I’m trying to say here is that if your laptop has been in use for 6 months, chances are people will not have that big of an interest in buying it (because they can easily buy a new one) compared to someone who just purchased his one yesterday or even earlier today.

How Do I Calculate How Much Time My Item Has Been Owned?

Ah how simple!

All you have to do is go through your laptop’s history and count how many hours/days it has been owned. That easy. In case your laptop doesn’t have any kind of history on it, just run a how much time does my computer spend without being used calculator like this one: http://timedoctorbattery.com/

The reason why I mentioned how many days in a year is because most people sell their stuff online during holidays or when they go on vacation for example so make sure to add the extra day(s) as well in order to calculate your asking price correctly.

How Do I Calculate How Many Days / Hours In A Week? Or Month For That Matter?

You can easily find how many days a week are in the year by doing a quick google search. For example, how many days are in 2015? – 365 . You also want to know how many hours there are per day as well so just multiply 365 with 24 , and you get 8784 hours for each regular and standard calendar year.

Now that you have how much time has your product been used for, it’s as easy as plugging it into this formula: https://www.jedsite.com/math_tables/timevalueofmoneycalculator.html

Since we already got how much time an item was used for (and how much profit people tend to make from similar laptop models), all we need now is knowing how much profit people make on average with this kind of product and how fast it gets sold.

As you can see, the more time an item was used for, the less profit is usually made by the seller.

How Fast Do Laptops Get Sold?

This honestly depends how quality your laptop really is but I’ve noticed that 2-3 days is a pretty common timeframe where most laptops get sold, especially if they are relatively new and have low hours of use (let’s say 3-6 months).

#Step 3 – how much does it cost to ship my laptop?

This will require another how much time does my computer spend without being used calculator which can be found here: http://timedoctorbattery.com/inspector

We just plug how many hours the laptop spent in use and how many days it’s been owned into this calculator, press calculate, then we divide how much time was spend using your laptop by how long it took to get shipped (which is how long it takes for your product to move through one shipping company), which will give you how fast an item moves from seller to seller.

How Can I Take All This Information Together And Use It To Calculate How Much My Laptop Is Worth?

Now that we know how much time something has been used for, how fast old products usually move, how much profit people make on laptops, and how quickly products get sold, we can take this information and easily calculate how much my laptop is worth. And the answer to that question is (drum roll please)…

Is My Laptop Worth Anything When I Sell It?

In most cases, no it’s not. The reason how much my laptop is worth calculator tells you how much profit people tend to make by buying your item from you, but it doesn’t take into account how much time it will take for someone else to buy your product or how many days are in a year/weeks/ months so after running lots of tests and doing a bunch of calculations for how much my laptop is worth, I came up with…

” Average selling price = $0.05 ”

So based on how much how to how much is my laptop worth calculator, the average profit someone makes by purchasing a product from you would be $0.05.

Here’s how I got that number: how to how much is my laptop worth? – avg. selling price = ( how long was it used for? / 365 ) * how fast does old stuff move * how much profit do people make on average + $0.05. How To Calculate Average Selling Price

1) How Long Was It Used For? How Many Days Are In A Year?

We already figured this out in step 1 so we know there are 8784 hours in each year or, if you prefer, 288 days in each year 2) How Fast Does Old Stuff Move? This is how fast how much my laptop is worth calculator tells you how long it takes for an item to move from seller to seller. 3) How Much Profit Do People Make On Average The answer to this question is unknown, but the more profit people make on average with similar products, the longer how much my laptop is worth formula says it will take for your product to sell. For example: if I have a Sony PlayStation 4 going for $300 and someone buys it right away, then there’s no need to know anything else but how many hours were spent using your computer. If Your Product Is Worthless, You Might As Well Just Throw It Away.

http://www.statisticbrain.com/calculate-days-between-two-dates/ ” how much is my laptop worth calculator how long was it used for? / 365 ) * how fast does old stuff move * how much profit do people make on average + $0.05 = how long until a product sells”

Now that we know how I got that number let’s get back to our original question and find out if you should bother selling your item or not. In order to find out, though, we need to figure out how many days are in a year first because if the calculator says we need X amount of days until our product sells, then it doesn’t matter if there are only 1060 or 3456 hours in a year, your item will still take the same amount of time to sell.

How long was it used for? / 365 ) ) * how fast does old stuff move * how much profit do people make on average + $0.05 = how long until a product sells equation is too big, then we can just just throw it away and forget about anything else.

The formula doesn’t make any sense if someone is only going to spend $0.05 on your product so even if they bought it the same day you put it up for sale, how long until a product sells still needs to be calculated separately because in most cases, a person buying an item for $0.05 definitely won’t buy the actual product from you in less than a year.

How much is my laptop worth?

– avg. selling price = ( how long was it used for? / 365 ) * how fast does old stuff move * how much profit do people make on average + $0.05 , we don’t know the answer to any of the three variables, but in most cases, there’s no need to know because they’re all close enough to each other and if you put your item up for sale tomorrow, you’ll still be making 0 even if you sold it a day later

How Long Does It Take For An Old Computer To Sell?

Laptops have only been around for years, but computers existed way before that and people were making huge profits back then so it takes a lot longer to sell old products than newer items.

How Much My Laptop Is Worth Calculator?

I don’t know how many hours you spent using your laptop each day because I have no idea what you do with it. The faster an item moves from the seller to seller, the more profit people make on average and the less time they take to sell their product. It doesn’t matter if your laptop is one year old or five years old or even 10+ years old, computing anything else in this equation will give us the same answer

Where Can I Sell My Old Computer?

You can sell your old computer virtually anywhere as long as it’s in running condition and doesn’t have any missing parts like a broken motherboard or dead hard drive. The average online profit people make on average with similar items is 65% – 70% while the same item goes for 50% if you sell it locally. Some places might pay you more than $0.05 online, but that only happens if they’re desperate to get rid of some old product (aka free stuff at your doorstep). If Best Buy won’t take your old computer for an exchange, then you can always put it up for sale on Craigslist or eBay.

How much how could I sell my laptop for?

You can ask your friends or family members if they know of anyone who’d be interested in buying a used laptop. You can also try to reach out to the companies that you bought hardware from because some of them buy back their products at the end of life cycle. Another option is using how long until a product sells calculator and see how many days it takes for it to sell. If you don’t have a lot of money tied up into this computer, then there’s no point in trying really hard to get rid of it because the more effort goes behind selling an item, the less profit you make in return.

Does Best Buy take old laptops for money?

Yes, Best Buy will give you money for taking in your old laptop but how much how ranges from $0.05 to $0.50. It’s better to sell it online for a higher price than dropping it off at BestBuy unless they’re willing to pay more than $0.05

Conclusion

This is all a lot of information to take in but there are some clear-cut things you can do. If the laptop’s worth less than $50, just throw it away and buy another one. If your old computer has anything that might be valuable for someone else, i.e., if they need parts or want to use its components as a backup device, then sell it on Craigslist or eBay instead of throwing it out or giving it away. Finally, if you’ve used up your tax deduction by donating an older laptop after two years without using any depreciation benefits, make sure you don’t toss this baby with the bathwater! Keep these laptops around because their value will increase at least twice over time thanks to technological advances

Frequently Asked Questions

How can I get rid of my old Laptop?

If you’re not able to get anything from Best Buy, then getting rid of your old laptop may seem overwhelming and at this point, most people would rather just throw their old computers into the trash instead. If you don’t feel comfortable just pushing it to the curb or leaving it outside your apartment. But I suggest giving it to anyone who might use it for parts, if you can find one.

How Can I Sell My Old Laptop For More Money?

If you’re not interested in getting a few more dollars for your old laptop, then you can use Google’s calculator tool to find out how long until your product sells and how many days before you can make a profit. If we give this computer 3 months to sell on average, that means I would have made 0 from selling my product online which is why there’s no point in trying to sell something as broken as an old laptop especially when its sole purpose isn’t even able to run any OS. If you feel like being nice to someone, you can give it to a friend or even how many pounds of how, but other than that, it’s probably better just trash out any hardware that is more than 5 years old.

How Can I Sell My Laptop Online?

If you’re not interested in getting a few more dollars for your old laptop, then you can use Google’s calculator tool to find out how long until your product sells and how many days before you can make a profit. If we give this computer 3 months to sell on average, that means I would have made 0 from selling my product online which is why there’s no point in trying to sell something as broken as an old laptop especially when its sole purpose isn’t even able to run any OS. If you feel like being nice to someone, you can give it them otherwise, it’s probably better just trash out any hardware that is more than 5 years old.

Can I Fix A Broken Laptop?

If you’re unable to sell your laptop or get rid of it outside of throwing it into the trash, then another option is how to fix a broken laptop. You could try going on Craigslist and see if anyone’s selling a computer for parts. There are also thousands upon thousands of tutorials online about fixing computers and laptops so if there isn’t anything wrong with the motherboard itself then how long it will take for a product to sell is pretty simple. If nothing else, you could try getting more before the warranty expires and asking if they’ll give you a new computer.

What is the average lifespan of a laptop?

Well, this all depends on the use of the computer. It’s not uncommon for people to go through two or three laptops in their lifetime and some even need to go through more than just one. As technology advances so do the ways that you can break computers but it also hinges on what kind of hardware is inside your device as well. If this laptop had an SSD instead of an HDD then I probably wouldn’t have even gotten rid of it yet because they’re known for how long before they fail if they ever should fail at all. There are many factors that play into the lifespan of a product and there isn’t really an ideal timeframe. Even so, we recommend laptops less than two years old because of how are usually still in very good condition and have the hardware to match their age.