Electronics BlueBook Provides Accurate Fair Market Values for Used Devices

CC BY 2.0. Mr Thinktank

If you're financing a new computer by selling your old one, how much should you ask for it? This electronics BlueBook will help you decide what your used devices are worth.

If you're thinking about buying a new computer or other electronic device for work, school, or for the kids, one way to take some of the financial sting out of the transaction is to sell your old ones to cover some of the cost. There are plenty of people who would be happy to purchase your old devices, assuming they still have plenty of life in them, but sometimes the gap between what we think they're worth, what the buyer thinks they're worth, and what they are actually worth can be a big one.

It's hard to know how to price used electronic devices so that both you and the seller are getting a good deal, because there are so many different manufacturers, models, and configurations on the market that determining a fair market value for the one you have is more like a guessing game than a precise calculation. But a data-driven free electronics value database from Sage Sustainable Electronics could help you pinpoint what your old devices are worth, allowing you to price your old devices accurately.

The Sage BlueBook database, said to be "the world’s largest source of pricing information for used computing devices," has listings for millions of models from a huge variety of manufacturers, and can quickly let you know what the wholesale and retail values are, based on the condition of the devices. The release of this free beta version of Sage's secret weapon in its IT Asset Disposition (ITAD) business follows right in line with its mission to make "the world more sustainable by extending the life of used electronics."

The Sage BlueBook is quick and easy to use, and looking up a single device (or one at a time) is as simple as searching for the model you own, and then looking at the value according to the condition of the device (refurbished, good, fair, or not working). This value can then be used to set a fair price when selling your old device on the open market, and can help assure that you're not leaving money on the table by underpricing it.

The website doesn't explicitly say this, but I imagine that those looking at purchasing used electronic devices could also put this same information to work for them in order to see if something is fairly priced. In addition, the fair market value determined by Sage BlueBook could help you make the decision about whether or not to pay to have a malfunctioning device repaired, or to simply sell it 'as is' or give it to an organization that repairs and donates them to those in need.

"Consumers and businesses often settle for less when trading in old computers, phones and other electronics due to lack of good pricing information. Even non-working items have value for parts. With Sage BlueBook, buyers and sellers can see up-to-date pricing based on data from multiple sources." - Jill Vaské, Sage President

For those who've got a lot of used devices to analyze, such as for a business or organization, registering a free account at the site allows you to search for up to 10 at a time, to save those devices for future re-appraisals, or to print certified appraisals for them. Larger businesses can sign up for a Pro plan, which will allow for large lists of equipment to be submitted for appraisal, as well as access to future value forecasts for their equipment. Learn more at Sage BlueBook.