💵 Device Valuation
Accurately value devices to offer fair prices while maintaining healthy margins.
Valuation Process
When a customer wants to sell a device:
- Identify - What device is it?
- Assess - What condition is it in?
- Price - What's the market value?
- Offer - Calculate your purchase price
Device Identification
Get accurate device details:
- Brand and model
- Storage capacity
- Colour
- Serial/IMEI
IMEI Check
For phones, check the IMEI:
- Verify it's not blacklisted
- Confirm Find My status
- Check carrier lock
Condition Assessment
Use consistent grading:
| Grade | Condition | Typical Adjustment |
|---|---|---|
| A | Like new, flawless | 90-100% of base |
| B | Good, minor wear | 70-85% of base |
| C | Fair, visible wear | 50-65% of base |
| D | Poor, significant damage | 20-40% of base |
What to Check
| Component | Check For |
|---|---|
| Screen | Cracks, scratches, dead pixels |
| Body | Dents, chips, scuffs |
| Battery | Health percentage |
| Buttons | All functioning |
| Cameras | Working, not scratched |
| Ports | Charging, headphone jack |
Market Price Lookup
Integrated Valuation
RepairMinder can integrate with valuation services to:
- Get current market prices
- See trends
- Compare to competitors
Manual Lookup
Check prices on:
- eBay sold listings
- Trade-in comparison sites
- Wholesale buyer prices
Calculating Purchase Price
Market Value × Condition Adjustment × Your Margin = Purchase Price
Example:
- iPhone 14 market value: £400
- Condition: B (80%)
- Your margin: 30%
- Purchase price: £400 × 0.80 × 0.70 = £224
Making an Offer
When offering a price:
- Explain the valuation process
- Show what affects the price
- Be transparent about condition deductions
- Give a clear final offer
Handling Negotiations
- Set minimum margins you'll accept
- Know your break-even points
- Don't feel pressured to overpay
- Walk away if it doesn't work
Recording the Valuation
When you've valued a device:
- Create a buyback order or enquiry
- Add device with full details
- Record condition grade
- Note any issues found
- Enter purchase price
Valuation History
View past valuations:
- What prices you've offered
- What was accepted/declined
- Average purchase prices
- Margin analysis
Best Practices
✅ Do
- Use consistent grading criteria
- Document all issues found
- Take photos of condition
- Keep valuation records
❌ Don't
- Guess on pricing
- Skip condition checks
- Overpay for poor condition
- Forget to check blacklist