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Trade in price


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Initial post: Dec 15, 2012 12:42:35 PM PST
J. PECKHAM says:
what a joke. I buy a book for son's calc class for $150 in AUG, trade in price was close to $100. Last week down to $75, a few days ago down to $66...and today $37...gee thanks. So, when you buy the book at the start of the semester, you think you are getting a good deal at the current trade in price, but as the semester draws to a close, the value declines dramatically.

Is this the norm?

Posted on Dec 16, 2012 11:07:18 AM PST
Well, as school ends for the semester everywhere, the number of books traded in rises as students finish with their copies. As the number traded in climbs, with nobody purchasing, then the offered price drops. Later, as demand climbs again, with virtually nobody trading in copies, the offered price will likely climb again. It's basic supply and demand economics. So, yes, it would generally be the norm. There are plenty of other options for getting a return on a textbook, and trading in is rarely ever the best one anyway, even when prices are at their high point. You'll almost always get more bypassing the middle man and selling it yourself, regardless of where you do so.

Posted on Mar 12, 2013 6:15:29 AM PDT
Also there could be a new edition depressing prices.
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Discussion in:  Textbook Buyback forum
Participants:  3
Total posts:  3
Initial post:  Dec 15, 2012
Latest post:  Mar 12, 2013

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