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How to price used phones you buy and avoid losses

Published Last updated Written and reviewed by the Resale Intelligence team

On this page
  1. How do you price a used phone you are buying? (6 steps)
  2. A phone sells for 20,000 baht. What is the most you should pay?
  3. What makes buy prices go wrong?

Start from the price the item actually sells for (not the asking price), then subtract repairs, fees, the cost of capital tied up over time, a risk reserve and the profit you want. What is left is your maximum buy price.

How do you price a used phone you are buying? (6 steps)

Find what the same model in similar condition actually sold for, adjust for this device's condition, then deduct repairs, fees, the cost of time, a risk reserve and the profit you want, in the order below.

  1. Find the actual selling price — Use the prices your store actually sold at for the same model and spec in similar condition. Online asking prices are often about 5–10% higher than what items actually sell for.
  2. Adjust for condition — Grade, battery, complete accessories, and whether it is a Thai official unit or an import all affect the resale price.
  3. Subtract the repairs needed — Screen, battery, back cover, labor. Estimate them before you buy, not after.
  4. Subtract fees — Credit card, marketplace, shipping.
  5. Subtract the cost of time — Money tied up in a unit has a cost. The slower it sells, the more it costs.
  6. Subtract the profit you want and a risk reserve

A phone sells for 20,000 baht. What is the most you should pay?

If the phone actually sells for 20,000 baht, needs a 900-baht battery and should sell within 10 days, pay no more than 16,400 baht with the system's default settings. The table below shows each deduction line by line.

Actual selling price20,000
Battery replacement− 900
Cost of time (10 days)− 100
Risk reserve 3%− 600
Minimum profit 10%− 2,000
Maximum buy price16,400

In the system, the condition-adjusted selling price is called Expected Sell, the cost of time is the Holding cost, the money set aside for problems is the Risk reserve, and the maximum buy price that remains is Safe Buy.

Valuation screen: expected sell price with price range, Safe Buy, confidence, liquidity, risk and Price Curve
The valuation screen: Safe Buy with every deduction line by line

What makes buy prices go wrong?

Most mistakes come from using listed prices instead of prices that actually sold, forgetting small repairs that together eat the profit, and buying a model you already hold plenty of at the usual price.

The app works through these steps automatically as Safe Buy — see the full formula in Methodology

Frequently asked questions

How much should we pay for a used phone?

No more than Safe Buy: the expected sell price minus repairs, fees, time cost, a risk reserve and the profit you want.

What minimum profit should we set?

It depends on your store's costs. The system default is 10% of the sell price and no less than ฿500, and each store can adjust it.

See true profit from the first unit you buy

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