Case Study
Quick answer
A Gurgaon seller's five month old smart TV got a trade in offer of 17,000 to 20,000 rupees from Cashify. Listed on Giveasy instead, it sold for 50,000 rupees, nearly three times the trade in offer.
Identifying details in this story have been removed. The numbers and sequence of events are real.
The situation
The seller had bought a Sony smart TV a few months earlier and decided to upgrade to a larger screen. Before listing it anywhere, he ran it through Cashify's trade in evaluation out of curiosity, a common first step for anyone assuming trade in apps are the fastest, simplest way to offload electronics.
His own words after seeing the Cashify number. Pathetic valuation. The offer landed in the 17,000 to 20,000 rupee range for a TV that was barely five months old and in excellent condition.
What happened next
Instead of accepting the trade in offer, the item was priced using the standard resale formula applied to lightly used electronics, roughly 70 percent of MRP for items in excellent condition with minimal wear. Listed at that price, it sold for 50,000 rupees.
|
Cashify trade-in |
Giveasy resale |
| Offer or sale price |
Rs 17,000 to 20,000 |
Rs 50,000 |
| Time to complete |
Immediate |
Days to weeks |
| Condition required |
Any, price adjusts down |
Verified before listing |
2.7x
More than the trade-in offer
5mo
Age of the TV at sale
What this case actually shows
This is one seller, one item, not a guaranteed outcome for every device. The size of the gap depends heavily on the item's age, condition, and category. What it does illustrate clearly is the structural difference between the two paths. A trade in buyer has to leave room to refurbish and resell at a profit, while a marketplace sale reflects what a real buyer will pay for the item as it is.
💰Before accepting a trade in offer on anything still in good condition, it is worth spending a few minutes checking what it could actually sell for. The gap is often larger than expected, especially on items under a year old.
Frequently asked
Is this typical, or an unusually good outcome?
The direction, resale beating trade in, is typical. The exact multiple varies by item and condition, so treat this as one real data point, not a universal guarantee.
How long did the sale take compared to the instant trade-in offer?
Marketplace resale takes longer than an instant trade in quote, typically days rather than minutes. The tradeoff is speed versus price.
Does this apply to older or more worn electronics too?
The same mechanism applies, though the gap tends to narrow as condition and age work against resale value.
Check what your electronics could actually sell for
Before you accept a trade-in offer
Get a Valuation
Verified by Giveasy Operations Team, Gurgaon. Updated July 2026.
