Confession of a Stanford Sloan Fellow_#38_Sell Used Textbooks

I paused for a while to mull over whether I should sell all my textbooks from the summer and the fall quarter, or I should keep any individual textbook. After pondering for 0.01 second, I decided to sell them all.

There are three ways to sell those used textbooks for cash: A) sell to Stanford Bookstore for cash right away; B) trade in on Amazon.com for Amazon gift card; C) Follow what I just did.

A. Sell to Stanford Bookstore

- search the ISBN at this link:
- bring the books to Stanford Bookstore and get cash on the spot

B. Trade in on Amazon.com

- search the ISBN at this link (Amazon’s Trade-in Store):
- follow the website’s instructions, print out the shipping label, and ship out the books by the required date
- receive an Amazon gift card

C. Arbitrage between Stanford Bookstore and Amazon

- Stanford Bookstore offers cash right away, but mostly at discounted prices. For some books Amazon offers substantially higher prices (such as Microeconomics and Financial Accounting), but you get an Amazon gift card instead of cash, and Amazon may impose more strict conditions on the books. You just have to strike a balance.
- here’s my trades:

C1. Amazon Trade-in List:

ISBN-13: 9780470009475, ISBN-10: 0470009470
Submitted Condition: Good Qty: 1
Expected Amount Per Item: $35.70
ISBN-13: 9780131392632, ISBN-10: 0131392638
Submitted Condition: Good Qty: 1
Expected Amount Per Item: $97.51
ISBN-13: 9780136083924, ISBN-10: 0136083927
Submitted Condition: Good Qty: 1
Expected Amount Per Item: $12.25
ISBN-13: 9781439153086, ISBN-10: 1439153086
Submitted Condition: Good Qty: 1
Expected Amount Per Item: $1.00
ISBN-13: 9780198293750, ISBN-10: 0198293755
Submitted Condition: Good Qty: 1
Expected Amount Per Item: $1.00
ISBN-13: 9781934319604, ISBN-10: 1934319600
Submitted Condition: Good Qty: 1
Expected Amount Per Item: $96.05
Total Value from Amazon Trade-in: $243.51
C2. Stanford Bookstore Cash For Books

Title:  Complete Business Statistics
Edition:  8th
Author:  ACZEL
Publisher:  WOHL PUBLISHING, INC.
ISBN:  9781935938187
Unit Price:  $20.00

Title:  Improv Wisdom
Edition:
Author:  MADSON
Publisher:  CROWN PUBLISHING GROUP
ISBN:  9781400081882
Unit Price:  $2.00

Title:  Influence
Edition:  5th
Author:  CIALDINI
Publisher:  PRENTICE HALL, INC
ISBN:  9780205609994
Unit Price:  $4.00

Title:  Redefining Global Strategy
Edition:
Author:  GHEMAWAT
Publisher:  HARVARD BUSINESS SCHOOL
ISBN:  9781591398660
Unit Price:  $4.00

Total Value from Stanford Bookstore Trade-in: $30.00

  • Karthik

    This article brought a smile to my face for two reasons….one, the economic value of some of these books and two the speed with which u have decided to get rid of them :-)

    [回复]

    Herbert Yang 回复:

    the funny thing is … Stanford Bookstore refused to take back Roberts’ Global Strategy textbook :)

    [回复]