First, consider the following question to determine your priorities when deciding where to sell your GPUs
Fastest, Safest or Most?
Where you decide to sell your graphics cards depends on your priorities: The value of your time, protection from scammers, or the highest price despite the risk
If you have a bulk lot of hardware to sell, your best option is to get an offer from a company that specializes in buying (liquidating) computer parts & mining rigs. Get an offer from Bitpro.
Selling your single graphics card yourself when top-dollar is your goal, use a peer-to-peer marketplace. Be forewarned, there are some dangers, hassles, and potential time-wasted. Learn more about marketplaces like Reddit, Facebook & Craigslist.
If you’re interested in selling your graphics card with some protection for both yourself and your buyer for a 15% reduction in profit, then use an eCommerce marketplace like eBay or Amazon. Check our guide for preparing your listing.
Get An Offer For Your Graphics Cards
Start with a quick, no-obligation offer from Bitpro. Then use this guide to help you determine the best way to sell your graphics cards
Our fair-market offers make sense for those looking to sell graphics cards in bulk. According to our past customers, selling to Bitpro is fast, safe & hassle-free.
Where to Sell Your Graphics Cards Yourself: Marketplaces
- Pros: A large established market & selling process
- Cons: 15% + shipping High potential for returns
- Pros: Vibrant community
- Cons: Potential for scams, graphics cards require some tech-savvy, some buyers can damage upon install and seek recourse.
- Pros: Vibrant community, peer-to-peer
- Cons: Potential for scams, some degree of luck is required for transactions
- Pros: Largest marketplace, slightly higher selling prices
- Cons: High barrier of entry, poor seller protection, not optimal for used items
- Pros: Free, peer-to-peer
- Cons: Highest potential for scams, only transact in-person.
- Pros: Trusted, low-effort
- Cons: Likely a long shot, unless you run in gamer/miner circles
GPU Marketplace Comparison Infographic
Here you’ll pay a commission of approximately 12%, after all fees are paid, not including shipping & returns.
You’ll need to set up a seller account, which is easy enough on eBay (easier said than done on Amazon). Abide by their terms. You’ll likely have to sell for lower than market price, while paying the higher, entry-level commissions, unless you have some positive reviews/feedback. It helps to have a bit of history on eBay & Amazon.
Your success will depend on the quality & presentation of your listing. Listings that perform better make use of attractive, high-quality pictures and accurate descriptions of the condition.
Returns & Scams
Expect a 10% average rate of returns in this category. While the risk is lower than peer-to-peer methods, some scammers are skilled enough to fool even the most die-hard skeptics of human nature, if you’re not careful. To protect yourself against returns, you should document the packing of your product with details visible using pictures & videos in the event of a dispute. See our separate post on buyer-side scams for detail on how to guard yourself against common fraud attempts.
Any eBay buyer may bid on your listing, and as such, you won’t really have control over the quality of your customer. This can lead to bad selling experiences and is just a part of the process.
Overall, this is a great option if you can dedicate the time and have small quantities of graphics cards. If you do, you will likely find the uphill battle not worth the headache.
Disclaimer: We are a leading seller of graphics cards on these marketplaces and have a finely-tuned machine for minimizing returns, shipping headaches, and a great reputation for quality products and service, which allows us to make sellers like you better offers for your graphics cards.
Selling using these methods usually works best in densely-populated areas, as this increases the size of the buyer pool and reduces the distance you’ll need to travel to meet up.
The advantages of peer-to-peer, p2p, marketplaces, including Facebook Marketplace, Facebook groups, Reddit Hardwareswap & Minerswap, Anandtech, Letgo, Offerup, etc. are that you’ll get to keep more of the sale price due to the fact that no one is taking a commission. You can pay to promote your post, but that is not usually necessary unless you want to sell ASAP.
R/Hardwareswap PayPal policy
We reached out to the Hardware Swap mods to ask whether escrow services are an acceptable method of payment for larger transactions and they said they can only recommend PayPal Goods & Services, which functions as a type of transaction insurance. PayPal Goods & Services is ideal for small, infrequent transactions. If you routinely use your PayPal account for larger transactions or if you engage in the frequent use of your PayPal account, your chances of interacting with scammers increase proportionally. As PayPal G&S acts as a type of transaction insurance, too many adverse incidents where PayPal needs to cover losses will negatively impact your track record and ability to transact using PayPal. PayPal Goods & Services is great for smaller, one-off transactions, but if you run into a disagreement with a buyer, you will likely find yourself fighting a PayPal claim which is a giant pain. The main takeaway is to familiarize yourself with PayPal’s terms & conditions before transacting on r/hardwareswap as it is the required method of payment and when shipping is involved, transactions in which one party is dissatisfied can quickly spiral into a mess.
COVID-19 Update: Since we wrote this guide, face-to-face transactions, as are common with p2p sales, pose additional risks of coronavirus transmission. CDC recommended precautions for personal protection and social distancing should be followed to help stop the spread of the virus.
Your Personal Network
Family, friends, and colleagues may also be interested in your graphics cards. Especially if you’re a gamer and have gamer relatives and friends.
While you may be done with your hardware, it’s possible that someone you know would buy your old card. Expect to gain more goodwill than cash as you’ll likely want to sell at a “family & friends discount”.
The Bitpro Advantage
By putting in the necessary work to add value to the entire selling process, we have become the go-to company for selling your used graphics cards.
What sets us apart:
We prefer to meet up in person, handle payment, disassembly, and packing at your location.
As miners, refurbishers and IT professionals ourselves, we’re able to make you an offer that will include more than just your bulk graphics cards. We are looking to buy any commonly-used GPU Mining Hardware.
Our customers have loved working with us, as evidenced by our reviews. Because we’re miners, we are able to solve hardware problems for miners, offering value beyond an ITAD company. We have ongoing partnerships with many miners in the community and are a go-to dealer for professional farms.
Exceptions to using our service
It doesn’t make sense to sell to Bitpro in every scenario. Exceptions include:
- When you have a small quantity of items to sell.
- In this case, chances are the manageable risks & trouble of selling your hardware yourself will most likely pay off in your favor.
- When your hardware is very old or expected to be low value.
- The pace of improvement in technology significantly impacts the value of hardware older than about 5 years. In this case, you may be better off finding an enthusiast or investigating the scrap value of your older hardware.
- If you are familiar with selling on marketplaces and hold an account with good reviews/feedback.
- If you’re already versed in selling yourself, know how to avoid the pitfalls, and are OK with the trouble then you’ll make more selling it yourself!
Who do our services best suit?
Our hardware purchasing services work best for GPU miners, graphic design firms, render farms, flex compute, and machine learning companies who are interested in a fast, fair, safe, and full-service transaction process. Often the entire disassembly and packing is completed in a single business day, which means you’ll dedicate the absolute minimum in terms of your own resources.
- Upfront payment
- Professional hardware disassembly, often completed in a single day
- Packing & pick up services