Buyback
Buyback is a programme in which a retailer, platform, or reseller directly purchases a used device from a consumer or business at a defined price, assuming full ownership and resale risk.
Buyback programmes differ from trade-in in that the transaction is standalone - the seller receives cash or credit not tied to a new purchase. Buyback prices are typically determined by device model, storage capacity, carrier lock status, condition grade, and real-time market value. Competitive buyback pricing - where platforms and retailers monitor each other's offered prices - is a critical commercial lever, as consumers routinely compare multiple buyback quotes before transacting. Platforms offering buyback include Back Market, Swappie, musicMagpie, Decluttr, and major carrier and retailer programmes.