How is the Buyback Price determined?
The Buyback price for any given book depends on who is buying the book (it’s not just Concordia!). There are 3 different categories of used book buyers in this sytem, each determines the Buyback price in a different way. This is how it breaks down: • If the Concordia Bookstore is buying it (ie. the book is still being used in a course at Concordia, and the Bookstore is not already fully stocked for that book) you will receive approximately 50% of the price of our current new book price. We call that the “Home Price”. If we are buying a particular book, we will have a quota set on the number of copies we need based on our current stock and the number of students who are enrolled in the courses which use the book. Once we have bought back that quantity, then the system automatically switches over to the next category of buyers. • If the book is being bought by another campus bookstore that is part of our Buyback network** you will receive 30% of the current new book price (much of the di
The Buyback price for any given book depends on who is buying the book (it’s not just Concordia!). There are 3 different categories of used book buyers in this sytem, each determines the Buyback price in a different way. This is how it breaks down: • If the Concordia Bookstore is buying it (ie. the book is still being used in a course at Concordia, and the Bookstore is not already fully stocked for that book) we will pay approximately 50% of our current new book price for it. We call that the “Home Price”. If we are buying a particular book, we will have a quota set on the number of copies we need based on our current stock and the number of students who are enrolled in the courses which use the book. Once we have bought back that quantity, then the system automatically switches over to the next category of buyers & this price is no longer available. • If the book is being bought by another campus bookstore that is part of our Buyback network** you will receive 30% of the current new b
The pricing formula isn”t too complicated;it contains 3 levels and depends upon who is buying the book. Here”s how it breaks down: 1. If the York University Bookstore is buying your book (i.e. the book is being used on a course at York and the bookstore is not already fully stocked for this title), you will receive approximately 50% of our current new book price. We call that the “Home Price”. If we we are buying a particular book, we will have a quota based on our current stock and the number of students enrolled in the course on which it used. Once we have purchased our quota, the system automatically switches over to the next category of buyer: other campus bookstores. 2. If your book is being bought by another campus bookstore in our buyback network**, you will receive approximately 30% of the current new book price (much of the difference in price is to cover the shipping and handling to send the books across the country). We call this the “Away Price” ** Most of the largest uni
