How Do You Value A Used Monitor/TV

css_matt

New member
Samsung LE40C580
Bought this for around £400 2years ago.
Slightly dusty, could do with a little clean to get rid of prints on the buttons.
No scratches or dead pixels as far as I have ever seen.

Im looking to sell but I have no idea how to value second hand stuff. Never really actually sold anything before..

Could someone give me advice or an estimate? Cheers
 
economics bullshit incoming.
the legitimate way of doing it would be either the geometric degressive depreciation or the arithmetic degressive depreciation.

geometric degressive depreciation:
p = percentage of your choice, not higher than 25%
400£*(1-p)^2years

arithmetic degressive depreciation (i'll assume that the monitor will be worthless after 10 years):
for this you first need to add up the years until it's worthless (1+2+3+...+10 = 55) for the denominator and use the years declining as the counter (first year: 10, second year: 9, ...).
400£*10/55*9/55

i most likely just wasted your time, np.
ask for 250£-300£
 
Best way to value something second hand is to look up ebay,amazon used market, gumtree etc and find your product then you can get a price.
 
Best way to value something second hand is to look up ebay,amazon used market, gumtree etc and find your product then you can get a price.

Yeah i always check ebay.

Make sure to check COMPLETED listings though, so you can see what prices the item actually sells for.
 
Whenever I sell things as second hand, great condition (like your monitor) I firstly go searching for the lowest price available NEW...

EG
Your monitor NEW now, is £429 [link]

As a second hand price take 1/3 off and put it as an asking price (£286)


If you put it on ebay, start it at £225 or thereabouts, or locally eg, gumtree try at £300 ono
 
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