Estimate what a used item is worth from its new price, age and condition, or find the listing price that nets your target after selling fees.
Used Item Price Formula
The calculator uses an illustrative compound-loss model to estimate resale value. Condition and demand weights are assumptions; recent comparable sales may give a better indication of an actual selling price.
Estimate = IP ร (1 โ D/100)age ร condition factor ร (1 + demand/100) ร (1 + local adjustment/100).
- Where UP is the Used Item Price ($)
- IP is the original or current new comparison price in USD ($)
- D is the annual percentage loss in remaining value
Apply annual compounding over the entered age, then the selected condition, demand and local-market multipliers. The range is an assumed percentage band, not a confidence interval. Listing mode instead uses (target proceeds + fixed fee + seller-paid shipping) / (1 โ selling-fee percentage/100), with the listing price and percentage fee rounded up to whole USD cents. The fee is assumed to apply to the listing price only; other platform charges may differ.
How to Calculate Used Item Price?
Both examples below use one year of depreciation, Like new (100%) condition, neutral demand and no local adjustment. Under those assumptions, the compound model reduces to the single-year discount formula shown.
Example Problem #1:
- First, determine the initial price ($).
- The initial price ($) is given as 5,000.
- Next, determine the depreciation percentage (%).
- The depreciation percentage (%) is provided as 10.
- Finally, calculate the Used Item Price using the equation above:
UP = IP - IP * D/100
The values given above are inserted into the equation below:
UP = 5000 - 5000 * 10/100 = 4,500.00 ($)
Example Problem #2:
For this problem, the variables needed are provided below:
initial price ($) = 6,000
depreciation percentage (%) = 50
This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.
UP = 6,000 โ 6,000 ร 50/100 = $3,000.00
