It is easy for me to rattle off a bunch of statistics about the cost of college textbooks from a university bookstore versus the online prices for the same books, but to assess apples to apples, I looked up some books currently being required for freshman courses at a university close to my own city. I found the median price per book was 1.71 if purchased from the university book store for a new book. The same books if purchased new online would cost .67, and if purchased online in "As New" condition would cost .33.
Thus, a college student wanting to buy new books online could save 29.5%, and if he/she were willing to accept "As New" books, which for all practical and aesthetic purposes are new books, he/she would save 43.6%.
College Textbooks
Next, I used one of the online buyback websites to find out how much they would pay for these books if I had them to sell. For the new books required for a particular freshman semester, that I would have to pay the university bookstore 2.12 to purchase, these buyback services would pay me .60. That is only 5.4% of what I would have to pay for them. No wonder the buy back services are so eager to buy college textbooks at the end of every term and show up in numbers trying to entice college students to sell them their unwanted textbooks.
As an online bookseller myself, I know these types of margins are truly realistic. I would be happy to give anything .60 for some used textbooks that I knew I could resell for 0+ as used books too, but I don't show up on campus at the end of each term to take benefit of college students.
Not only do these margins apply to college textbooks, they apply to other books as well. A while back I bought a copy of "Kate: The Kate Moss Book," by Kate Moss, Isbn 0789301016, for .49 at a used book store. I sold the book online for 9.99, which is a nice profit. If I had opted to sell this book to one of the buyback services I would have gotten .24 (I looked up the buyback price immediately before posting this article). While buying something for .49 and selling it for .24 is not a bad behalf margin, 561%, I see no imagine to determine for a behalf of .75 when I could wait a month and make another 6.26, do you?
This is exactly what thousands of college students do at the end of every term. They determine for a tiny bit of chump turn for a few beers when they could sell their unwanted textbooks online and get a lot
more for them by waiting a few weeks. They could also save a lot of money by learning about online bookselling and where to find the best textbook prices and not pay full list price for every book they buy. A tiny bit of time investigating online bookselling could surely save the typical college student a lot of money over the procedure of their education.
Related : Wholesale College Textbooks High School Textbooks College Textbooks For Cheap
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