Selling used books is a good way to declutter your home and get some money for books that you probably won’t read again. This is even more important for college students because you could sell textbooks for a lot more than normal books, but you’ll have to do it quick because textbooks become outdated and thus worthless very quickly.
Last week, I received the following comment from LuLu Malou regarding selling used books on Amazon on my income ideas article:
Selling on Amazon.com used to be a good idea but now they take most of your profits. I’m looking for a better alternative to Amazon. Any ideas?
In response to her question, I did a bit of online investigation and did the comparisons below. Please note these sites work well for your typical textbooks and books, but not rare books.
|Amazon, used lowest||$65.00||$55.00||$65.79||$61.93|
|We Buy Your Books||$21.13||$16.50||$21.38||$19.67|
From the table above, it appears that Amazon still offers the best price for selling used book. But remember that you are not guaranteed a sale when you are using Amazon because you are only using it as a marketplace — i.e., you are not selling to Amazon directly. Secondly, it’s worth shopping around when it comes to selling used textbooks due to the price variation. For example, note that BookByte.com offers the best average price, but not the best prices on all three books. Lastly, there are other factors not included in this study — i.e., shipping costs (some offers free shipping), payment options and promptness, customer service, etc.
|Amazon, used lowest||$5.21||NA||$15.96||$10.59|
|We Buy Your Books||$1.56||$10.92||$7.34||$6.61|
Note that there are fewer places that accept regular books. This is expected due to low demand and resale value of most books. Again, Amazon seems to be the best place and there are a lot of price variations.
Of course, you don’t have to sell your books and there are plenty of things you could do:
Here are ideas so that you don’t have to buy books in the first place:
That’s it! If you have additional ideas on where to sell books, buy them cheap, or get them for free, please share with us!