Few days ago I checked the resale value of a 5-year old budget smartphone on cashify. The sell value quoted was around 1k. Today I decided to sell it and went to the website again, only to find that the quote reduced to 400. Have noticed this phenomenon many times before in the past. I can understand a slight drop in price over time, but a 2.5x reduction within a week is too much.
Is cashify’s algorithm designed to reduce the quote of a specific model as it recieves more enquiries? Is it user-specific or does the quote reduce for all users? (Doesn’t seem user-specific, I tried checking from different devices and accounts)
Any way to bypass this artificial drop in value and get the fair value quoted originally?
it may depend on the number of people looking to buy that refurbished device from them.
infact for some devices 2-3 days after we equire the price for sale, they send coupons for 100-300 extra value
Tjs15 wrote:infact for some devices 2-3 days after we equire the price for sale, they send coupons for 100-300 extra value
yeah that was basically why I was waiting to sell, but now the price itself has dropped too much.
Or have the prices temporarily dropped because of the sale running on amzn/Fk? Many people would be buying new mobiles now and selling their old ones, so there may be a temporary surge in the supply of used phones.
Apply the Coupon Code WCC4- Get 100Rs Off and if you keep searching every day on your SMS and they will send you 250Off SMS Code! Just wait
shraaj wrote:Apply the Coupon Code WCC4- Get 100Rs Off and if you keep searching every day on your SMS and they will send you 250Off SMS Code! Just wait
Bhai, that’s why I waited, but price decreased by 600. Then what’s the use of 250 code?
go check the same device on buying page and it might come back up, play the algo like an algo 😄
mahachor cashify
