The laptop will eventually become obsolete, which is a huge issue. So, when the time comes, as it will, you find yourself wondering, “How much is my laptop worth?”. Some of you have certainly pondered selling your old laptop at some point, but how much does it truly sell for? Or how much can I sell my laptop for? MedCPU.com will hopefully answer all of these questions and more in this post.
How Much Is My Laptop Worth? How To Know The Exact Price?
You might be amazed at how much your old computer is worth. Various people have different ideas about prices, but it is preferable to begin on an objective basis. To establish a solid foundation for estimating, use the following formula:
Total Computer Value = Hardware price + software price + any peripherals (monitor, keyboard, etc.) -damages
After calculating an approximation, you must now compare it to others. We have provided three options for you to compare pricing.
ECommerce Websites
Laptops, both new and secondhand, are abundant on e-commerce websites. There are refurbished computers and laptops with various flaws. This is the ideal location to look for comparisons, since you can find a case that is quite similar to yours. You might also read reviews of other laptops to determine the value of your laptop. eBay is one of the top e-commerce sites to check out.
Follow the steps below to search for secondhand laptops on eBay:
- Navigate to the eBay website using your web browser.
- Enter “used laptop” into the search field and hit “Enter”.
All used computers will be listed, and you may compare costs. You may filter down the results by selecting the categories that correspond to your description. On the left sidebar, you can see many categories. You might also try searching for your laptop’s exact brand and model in the search box.
Click on the icon to ensure that the computers you are scanning are used and not brand new. Once opened, you may observe the laptop’s ” condition,” whether “new” or “used.” You may also check the seller’s reviews on the right side of the page, under “Seller details.”
You may also try searching for your laptop’s price calculator on Amazon. To do so, take these steps:
- Launch your web browser and navigate to the Amazon website.
- Locate the search box on Amazon’s website and enter “used laptop.”
All of the used computers will be shown, and you can select to open any of them. You may narrow down your searches by selecting your preferred filters from the left sidebar. You may also search for more specific terms, such as the exact make and model of your laptop.
Online Calculator
An online calculator can provide you with an estimate of the cost of your existing laptop. Simply enter the brand and model of your laptop, and it will display the current market price. You may also specify if it is entirely working, fair, or already has some flaws. You may also specify which component of your laptop is defective, and the calculators will take it into account.
Gadgetsalvation is one of the online calculators you may use to determine the price of your laptop. To utilize it, take these steps:
- Just go to Gadgetsalvation’s website.
- Enter the brand and model of your laptop in the search field and press the search button.
- Choose your laptop from the search results that show.
- Fill in the blanks for “Cosmetical Condition” and “Functionalit”, then click calculate.
- You will be presented with an offer, from which you may select to return, add to the cart, or add another device.
- You may easily sell it to services that provide online calculators, or you can simply utilize it as a starting point.
SellYourLaptop is another service that provides a free online calculator. Because the prices are in Pound Sterling, you may need to perform some simple currency conversions. Follow the steps required to acquire a quote from SellYourLaptop:
- Go to SellYourLaptop’s website.
- On the upper half of the window, click the “Get A Quote” tab. Then select your laptop’s brand.
- Choose your laptop’s CPU from the list. Fill up the blanks with the essential information.
- After filling out the form, go to the bottom of the page and click “Get A Quote.”
- The offer will be displayed, and you will have the option to “Sell My Laptop,” “Clear Buyback Cart,” or “Sell Another Laptop.”
Local Laptop Retailers
If you do not want to sell it online in the first place, you might consider going to your local laptop store. Because prices vary greatly depending on your area, relying on the internet to determine the value of your laptop may not provide you with the most accurate estimate. This may provide you with the most accurate pricing based on your precise location. However, you will have to travel and carry your laptop to the store just to ask for a price.
Another advantage of visiting many local laptop dealers is that you may inquire about the cost of freshly introduced computers. They could even give you a bonus if you agree to sell your laptop and buy a new laptop from them.
Another advantage of visiting door to door to local laptop merchants is that you may ask them questions about laptops in real time. You may inquire about technical matters, market trends, and they may even inspect your laptop for flaws that you are unaware of.
4 Laptop Price Factors
Are you amazed by how they can determine the correct price only by looking at your laptop? It is not magic, but they are utilizing certain methods to determine the current market value of your laptop.
Brand
Different firms spend varying amounts on marketing and advertising, which has a significant impact on the thoughts of consumers when selecting the laptop that they desire. Consumers have varied specification preferences, which is why different firms focus on their expertise while creating commercials.
As a result, the brand has a significant impact on the market value of your laptop. Different companies have different customer needs, which have a significant impact on the price of your laptop.
Specs
Of course, there are many more aspects to consider when comparing laptop specifications and hardware, but we will focus on the primary functions and fundamental defining characteristics for a laptop’s quality. Technological industries compete to have the finest and quickest laptops on the market.
CPU
The CPU, or Central Processing Unit, is the brain of the laptop. All operations and commands on a laptop are handled here. And, in general, the faster the CPU, the faster the laptop. Its quality is determined by the number of cores, which typically varies from 4 to 8, as well as the clock frequency, which is measured in GHz.
Read more: Intel Core i7 vs i9 – Which CPU Should You Get
RAM
RAM stands for Random Access Memory and serves as temporary storage for presently running files and programs. RAM differs from hard drives in that it is designed to launch minimized programs quickly, but you cannot keep memory if your laptop’s power is switched off. The quality of RAM is measured in gigabytes (GB), and the larger the RAM, the more memory it can contain.
GPU
GPU is an abbreviation for Graphics Processing Unit, and it acts similarly to a CPU. It handles all graphics, color, and animation-related operations. The key distinction between it and the CPU is that the CPU oversees all of your laptop’s processes, saving those connected to graphics. The GPU quality is measured in gigabytes (GB), and the larger the number, the more powerful the GPU is.
Internal storage
This is where you keep everything on your laptop while it is shut off. It is measured in GB or TB units, with 1 TB equaling 1000 GB. The more storage space available, the better. But it may be a bit difficult because SSD storage is considerably superior to HDD storage. So, if you have a 1 TB SSD and a 1 TB HDD, the SSD is superior and more expensive.
Age
The age of whatever you own influences its price, especially if it is a laptop. A laptop’s price falls as it ages because newer computers are always being launched, and modern laptops are faster and more powerful than their predecessors. Furthermore, because older laptops have more degraded parts than new ones, their value would naturally decline over time.
Related post: How Long Should A Laptop Last?
Defects
The more flaws your laptop has, the lower its value. Because you are paying for how useful an object is, a flaw will reduce its utility. Just make sure that if you intend to sell your laptop, you identify all of its flaws so that buyers know what they are getting.
4 Reasons For Selling Used Laptop
You might be asking what terms you should agree to before selling your laptop. To assist you, here are four reasons why individuals sell their computers.
Wants To Upgrade
Humans are predisposed to strive for improvement and to seek out new ideas. This is why you should consider selling your laptop. You have seen the newly available laptop on the market and can immediately picture how those lags you are experiencing will be eliminated. Furthermore, updating your laptop increases your total productivity and may be a wonderful choice to boost you up.
Laptop Is Aging
Our laptop’s physical parts are becoming fragile as it ages, and the constant heat wears it down. Some computers may still pack a punch even as they age, while others seem to suffer as a result. And if this has a significant impact on your laptop chores, you can consider purchasing a new one and selling your old one to individuals who do not require high specifications. Just remember to always report any flaws on your laptop.
Surplus
When you find you have an excess of a laptop, try selling it as quickly as possible. Because the value of your laptop depreciates with time, failing to act quickly will cost you money. Furthermore, storing it takes up extra space in your home or garage that might be utilized to store other things that are more helpful to you.
Needs Cash
Selling your laptop might provide you with quick cash. You may want to start looking for good prices on it depending on your priorities and the intensity of the problem. Your laptop might be perfectly good and you still require it for everyday usage. But let us face it, uncertainties occur, and you may require more cash than you now have.
FAQs
Should I sell or keep my laptop?
It is critical to ascertain if the laptop’s present usage is compatible with its computing capabilities. While some laptops may continue to work efficiently for more than five years, others may have limited computational capability.
Is My Laptop Worth Anything When I Sell It?
No, it is not in most circumstances. The reason behind how much your laptop is worth tells you how much profit people make by buying your item from you.
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
Where Can I Sell My Old Computer?
Sell It Yourself If You Want Cash:
- eBay – Worldwide or local. It’s easy to use.
- Swappa – Like eBay but much easier to use
- Amazon – Nationwide Ideal for similar-new products
- Craigslist – Local.
- LetGo – Local
- Facebook Marketplace – Local.
- Offerup -Local.
Does Best Buy take old laptops for money?
Yes, Best Buy will pay you money for your old laptop. You are not required to maintain an outdated laptop as clutter. Instead, take it to a Best Buy store and exchange it for a Best Buy gift voucher worth up to $300.
How long do laptops typically last?
According to studies, a laptop costing less than $700 will live for 2-4 years. A laptop that costs between $700 and $1,000 will last for 5 years. A laptop costing between $700 and $1,000 will last up to five years, while a laptop costing more than $1,000 will live up to seven years.
Conclusion
You now know how to get the greatest deal on “How much is my laptop worth?” You may also use this page as a guide to selling it and profiting from what was previously an old, useless computer.
