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Textbook Buyback Million Dollar Campaign
>Click here for more info<
Textbook
Buyback is Monday, December 6 - Friday, December 17
What
is book buyback?
Book buyback is a service provided
by The Cornell Store to students who wish to sell back textbooks
that they do not want to keep for future reference.
Why should I sell my books back to The Cornell
Store?
It is an opportunity for you to help other students reduce
the cost of their textbooks, while assisting you to cover the
expense of your own textbook purchases by giving you cash for
your unwanted books. Having a large supply of used books available
is the single most significant way that The Cornell Store can
assist you to reduce the cost of your textbooks. You are our best
source of used books. Our preference is to purchase them from
you rather than from a used book supply dealer.
How much will I get back for my books?
If we have received a firm order from a professor that your
textbooks will be used again in the upcoming semester, we will
pay 50% of the list price whether the books were purchased new
or used. If we have not yet received an order for a particular
title, it may still have a resale value so all titles should be
brought into buyback for price quotes.
How much will I get back for books not yet
ordered for the upcoming semester?
If you have a current edition of a title that has not yet
been ordered at Cornell for the upcoming semester, we check the
database of a nationally recognized used book dealer, Follett
Campus Resources, for demand. If the book is listed, it will be
purchased and recycled into Follett's used book market for purchase
by other universities.
The prices paid can range from 0-30% of the retail price determined
by copyright, subject matter and demand. Due to frequent edition
changes, used book companies take a huge calculated risk in purchasing
these titles with the potential of worthless inventory.
Do I need my receipt to sell my books?
No, a receipt is not needed. However, the books must be in
good condition. The bindings must be in good shape, with covers
and pages intact and with no heavy highlighting or underlining
to make the text illegible.
Do you buy packaged texts or books with disks
and tapes if they have been ordered for the following semester?
If your textbook was sold as part of a package, all components
must be intact when you sell back the book. If any piece is missing
then the book will not be bought back at the 50% price.
However, due to concerns about mishandled disks or tapes and the
inability to check them at buyback, decisions to buy them back
is at the discretion of the buyer.
Do you buy study guides and workbooks?
Generally, yes if there are no pages missing and they have
not been excessively written in making the text illegible. Once
again, the purchase is at the discretion of the buyer.
Why do I see books on the shelves the following
semester when I was told at buyback time that an order had not
yet been received for those books?
There are three different reasons why this could happen:
(1) Buyback prices are driven by professor's book requests. Unfortunately,
some book orders are received at The Cornell Store after the heavy
buyback period has ended. Therefore, you received less money than
you could have if the information had been known earlier.
(2) We are still receiving textbook orders as buyback is occurring.
Prices change daily as new book orders continue to arrive. A title
worth $10.00 today could be worth $30.00 tomorrow but, as stated
in reason number 3, the reverse could also happen.
(3) Purchase quantities are based on the estimated enrollments
that professors supply when they submit their orders. Our standard
is to buy back up to 80% of the number to be ordered because not
all students want used books. When The Cornell Store has reached
it's limit of used books needed of a title, the price will then
drop from 50% of the retail price to a lower price. This rarely
occurs because the buyers will inform us of the price decrease
and normally we will then increase the quantity needed unless
we already have an overabundance of copies.
When is the best time to sell my books back?
The best time to sell is right after classes have ended and
during finals week each semester. Remember that during this period,
we are buying books for the upcoming term so the prices will be
higher. Once the semester has begun, we have all the books we
need. At this point, none of your books will be purchased at the
50% price but rather at whatever the used book dealer has determined
their value.
If I know that a book is only used in the
fall semester should I try to sell it back in December?
That's a tricky one. To receive the best price, you should
wait until the May buyback. However, if the book has been around
for a couple of years, you then run into the possibility of the
title going into a newer edition, resulting in the book having
no resale value.
What can I do with my books that have no
resale value?
Either keep them for your reference library or donate them
to the Cornell Tradition Program. There are drop sites available
at all four buyback locations.
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