If you are here, probably you are trying to find out the worth of your old laptop? As we know that the rate at which manufacturers have released new models in recent years has been insane! When a new model is out, we feel compelled to purchase it and replace our old one. Considering all of the new features they’re touting for their upcoming launch. Once you’ve made the decision to upgrade, you may sell your old laptop on Cashify provides the highest worth for your old desktop and use that money to purchase a new one.
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What Is Your Old Laptop Worth?
A few years after buying your laptop, it doesn’t hold much value. You buy it to use it, because they lose value quickly—about 2% each week.
So, what does this mean for you? The laptop you buy today will be worth 2% less next week, and then another 2% less the week after that, and so on.
How to Determine a Laptop’s Re-sale Value?
We sometimes feel we’ve had enough of our existing laptops because they don’t function that great or do not have the latest features. And now is the moment to sell it and replace it with a newer, more capable system. For many people, the resale value of their laptop is one of the most crucial aspects in deciding which one to purchase.
Most current flagship or high-end laptops may fetch a higher price, but getting a reasonable price for what your system is worth might be challenging. What should you do with it? Several things influence the price at which it sells.
Below are some of the factors that play a crucial role in finding your old laptop’s worth.
Specifications of the System
This is an essential aspect in determining the resale price of a laptop. The technology industries are competing for the greatest ones on the market. Many aspects of the specifications and hardware may be compared.
- CPU
The CPU(Central Processing Unit) is the brain of a laptop. The processor is the most crucial facet of its performance. The number of cores, which typically vary from 4 to 8, and the clock frequency, measured in GHz, are used to determine its efficiency.
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- RAM
Random Access Memory (RAM) is a type of memory used to store data. It is a type of temporary storage that saves the files and applications that are presently in use. RAM is not the same as a hard disc. RAMs can rapidly launch minimised apps, but they won’t keep the memory if the laptop loses power.
- Internal storage
Another hardware component that significantly influences the price of a laptop is internal storage. Even when your system is not in use, this is where everything is saved. SSD storage is superior to HDD storage, despite its complexity. If you have a 1 TB SSD and a 1 TB HDD, the 1TB SSD will be more costly and provide greater performance.
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Age
This belief has been held for a long time. Any laptop’s price is influenced by its age. As newer computers are released, its cost will decrease. Newer laptops may also be speedier and more powerful than older models.
Since older ones have more worn parts than newer ones, their value tends to fall with time.
Defects
If your system has more flaws than it is worth, its value will plummet. A flaw in an item might lower its value. If you plan to sell your laptop, make sure you mention any defects since purchasers want to know precisely what they’re getting.
Use Cashify’s online valuation tool to determine how much your laptop is worth. Simply type the laptop’s make and model into the search box, then choose the network your system is connected to and the state of your device. You can easily find out how much your desktop is worth in seconds.
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What Causes Desktops to Lose Value?
- Faster Technology: Each year, new laptops come out with faster processors, bigger hard drives, and cheaper memory. For example, three years ago, popular ones had processors around 933 MHz, but now they can reach nearly 4 GHz. There’s always a faster one on the way!
- Cheaper Prices: Many of these systems are made in Asia, where labor costs are low. A basic laptop that cost ₹1,00,000 five years ago can now be bought for just ₹30,000 to ₹50,000.
- Too Many Used Laptops: There are many used laptops on the market because companies are shutting down, IT departments are upgrading equipment quickly, and large companies are reorganizing. This has made it easier to find used ones, which drives prices down.
Why Knowing Your Old Laptop’s Worth Matters?
Understanding how much your laptop is worth is important. It helps you decide if it’s better to repair it or buy a new one. If you have a high-quality device for work, you might find that it’s still valuable.
Knowing the value also helps you see if it was a good investment. If it didn’t meet your needs, you might want to consider a different model next time.
What to Do with Your Old Device?
Now that you know your laptop’s model, condition, and value, it’s time to decide what to do with it. You can sell it, upgrade its parts, or keep it. Just remember, don’t throw it in the trash, as that harms the environment.
Is Repairing Your Laptop Worth It?
If you’re thinking about upgrading your desktop, it might seem complicated, but you don’t need to be an expert to fix some common issues.
If your laptop is very old and barely works, it’s probably time to get a new one. However, if it’s still relatively new and just has a small problem, like needing more storage, it might be worth spending some money to repair it.
Pre-Requisites for Selling Your Old Laptop
To unlock the best price for your device, you should consider these points in mind beforehand:
- Make sure that your old laptop should switch on and not be completely dead.
- The device should have the original accessories that came with the box.
- Make sure you have a valid bill.
- If you don’t have the original accessories and your system ages for a year or two, you may still contemplate selling it, but you’ll get a lower price.
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How to Sell Old Laptop On Cashify?
- To begin with, open Cashify online or download the app.
- Then, select your city.
- After that, go to sell laptop
- Then, enter your device name.
- Alternatively, you can also look for the brand you are looking to resell.
- Next, you need to choose the product.
- Now, let Cashify examine the laptop’s condition and respond to a few key questions. This will help Cashify calculate the exact value of your device.
- Next, Cashify will inform you of the laptop’s precise worth.
- Then, select Sell Now
- Finally, Pick a date and time for your device to be picked up.
That’s all there is to it! After our representative has verified the quality and information of your old phone, you will be able to sell it for cash right away. It’s never been easier to get rid of your old phone. The entire procedure is hassle-free. We don’t make you wait for payment or compel you to take shop credit, which is one of the nicest things about Cashify. Cashify, as the name implies, means actual cash in your hands as soon as you give up your device.
Also read: 6 Best Cheap Gaming Laptops to Buy in India
When should you sell your old laptop to get the best value for it?
The worth of your system will degrade over time. In general, there are two stages in the lifespan of a laptop when it loses the most value. When a desktop is brand new and opened for the first time, it loses some of its value right away. Next is when your laptop’s maker releases a new model, it loses a significant amount of value.
TIP: Sell your laptop in the weeks leading up to the release of a new model to obtain the best price. After the new model is out, the value of your laptop will plummet dramatically.
FAQs
How to Find Out How Much Your Old Laptop Is Worth
To find out how much your old laptop is worth, you can use Cashify. You can easily find the resale price of your laptops using the cashify valuation tool.
What Are Old Laptops Worth?
Generally, old laptops with i3 processors, 2GB RAM, and 128-256GB storage are worth around ₹1,600 to ₹8,000. Laptops with i5 processors, 4GB RAM, and 256GB storage can be valued between ₹8,000 and ₹40,000.
Can I Get Money for an Old Laptop?
Yes, you can receive immediate payment by selling your old laptop to Cashify.
Conclusion
Understanding your laptop’s value is essential for making informed decisions about its future. Whether you choose to sell, upgrade, repair, or trade it in for cash, knowing the worth helps you take the next step confidently.
If you know someone who tends to hoard old devices or is hesitant to buy a new laptop because of their old one, share this article with them. It might help them see the possibilities and make a decision that works for them!
Also read: Trying to Turn Your Old Laptop Into Chromebook? Read This!
