Whether you're upgrading to a new model or just deciding to drop some dead weight, you can still make a pretty penny from selling off your old gear. The trick is to know how to price it right. We've found an easy guideline to help you give your re-sold gear a fair price—and sell it for cash quick!
We're in the middle of turning our guest room into a home office, and we're selling off plenty of used tech gear to make room for new stuff. Having already made a little bit of money from eBay and Craiglist, we think the trick to a successful sale (especially if you're short for time) is listing your used tech at the right price.
50-30-10 RULE: Near-to-new items should be sold for 50 percent of their retail price; slightly used items at 25-30 percent of retail; and well-worn items at 10 percent of retail.
Of course, the world of gotta-have-it-now tech can be fickle. Your two-generations-old iPod is probably not worth 50 percent of what you paid, even if it's never been used.
But Seavy's rule is still a great guideline for giving your old tech a fair price, especially when you want to emotionally assign a too-high value to your trusty Playstation or TV set.
(Images: Flickr member maury.mccown licensed for use under Creative Commons, Secrets of Craigslist: Tips to Save and Earn You Money)