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- Founded:
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Syracuse UniversityCreated on August 13, 2008 at 9:08am
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- Other schools nationwide often use older editions 7:24am Jul 7
- CheapBooks shows you prices from multiple buyback sites 7:23am Jul 7
- Campus stores need to buy less books than they sold 7:22am Jul 7
CheapBooks.com Textbook Buybacks Handing out free t-shirts to students at Syracuse University.
CheapBooks.com Textbook Buybacks A CheapBooks.com TV commercial airing on the Dish Network.
Your local bookstore doesn't buyback your book when a new edition comes out...
Bookstores pay a specific rate for textbook buybacks (such as 80% off the sticker price). They have a near-monopoly on buybacks because they are the only store in town. Online, there are 5 - 10 major stores buying back textbooks, which drives the prices up, so you get more money.
If there are 100 copies of a book for a class, half new and half used, then the bookstores will need to have 50 used copies at the end of the semester (so they can offer them next time...
You buy used textbooks, and they have a little sticker on the spine that says "USED". When you try to sell it back to the bookstore, they won't take it because they want to buyback textbooks that were only used once.
Most bookstores will only buy back your book if your class is offered next semester. Most classes are not offered every semester in college, so most bookstores are misleading you when they say this.
