Is best buy buyback program worth it

Good trade-in values for smartphones and game consoles in good condition with all components included. Less competitive trade-in values for smartphones or video game consoles with damage or missing components. Able to trade in either in-store or online shipping your device is free. Less competitive trade-in values for other electronics.

Store credit can be used immediately if trading in in-store. Trade-in promotions offered frequently. Condition categories are inconsistent across devices and occasionally confusing. Must pay shipping fee to have your item returned if you are unhappy with your updated trade-in value for your online trade-in. GadgetGone Pros:. GadgetGone Cons:. More freedom with payment methods PayPal, mailed check, or Amazon gift card.

Accepts only smartphones, tablets, laptops, smartwatches, and video game consoles. Shipping your device is free. Condition categories are clear and consistent. Some of the most competitive trade-in values in the buyback industry, regardless of condition or included components. Payment is sent within 2 business days after your device is received.

If you are unhappy with your updated trade-in value, your device is returned to you for free. We calculated the price Best Buy pays back based on the age and type of product and compared it to current used prices of each product online. The results are not favorable for Best Buy. The Samsung Galaxy Tab has only been out for a few months, but if it were on the Buy Back plan, it instantly loses 50 percent of its value the minute you walk it out the door.

Again, if you plan on ridding yourself of gadgets quickly, you need to learn how to sell them online. With this item, selling online would double your earnings. The price you get when selling items online does not have stringent tiers based on age.

This is where we suggest that you jump right in. How does it work? Once you make that purchase, you will now have 2 years to sell that Incredible back to Best Buy should some other device come out that excites you.

So this is where the good stuff happens. How much can you sell it back for? This is an unbelievably bad deal for cell phones even without paying for the buyback privilege. In many cases, we offer a higher price than you can buy your price for under contract. This is not a good service. Zach that is not the case. In the FAQ on the site they mention phones and the amount of the phone after the discount is what will be covered.

Its actually an amazing deal for customers on mobile phones. Doing some math with each carrier, one can basically get free phones for life with buyback. Sprint premier customers can upgrade once a year. Username or Email Address. Remember Me. Stay connected. Recent Posts. Hub: Avg. Greg Tarr , February 6, 5 min read. Below is a contract excerpt verbatim regarding trade-in values. The Device is fully functional with no technical problems, with only a few scratches due to normal use.

The Device has one or more of the following issues: 1. The Device has sustained minor functional damage or product failure that can be easily repaired; 2.