It has been nearly a month and I thought I would update everyone about the last Zune in the DC area. I managed to sell the digital media player on the Amazon Marketplace for $329.99, a 32% markup over the original price. I still needed an MP3 player for my daily commute and with the profit I decided to buy another Zune 80 online via Amazon.com instead of in person at Target. In this situation buying online was a much better deal for the following reasons:
- Buying the player in person results in sales tax being tacked on. Here in Maryland, the sales tax is 5% so that would add an additional $12.50. Amazon.com doesn’t charge sales tax for Maryland residents.
- Amazon.com offers a 30 day price match on it’s own products. If the price drops within 30 days of a purchase, Amazon will refund the difference. When I ordered the player on December 2nd, it was $249.00. Today it is being sold for $239.99, a difference of $9.00. Claiming a refund is easy. Just go to Amazon.com/refunds and send customer service an e-mail. If you don’t want to keep track of the price differences yourself, check out PriceProtectr.com which will send you an e-mail if there is any drop.
- Both Amazon.com and any local store are sold out of the device, so I would have to wait either way. I don’t mind waiting which is why I decided to sell my first one when the demand was high.
Here is a final breakdown of the math:
1st Zune Bought at Target
+$12.50 Sales Tax
= $262.49 Total
Sold on Amazon.com Marketplace
$329.99 Price Sold
+$7.48 Shipping Credit from Amazon.com
– $10.35 Actual Shipping Cost (Added insurance to the cost)
-$28.14 Amazon Fee
– $262.49 Cost to Acquire
= $36.49 Profit
2nd Zune Bought on Amazon.com
+$5.58 Shipping and Handling
-$5.58 Free Super Saver Shipping
-$9.00 Price Difference Refund
Final price for my Zune
$239.99 for 2nd Zune
-$36.49 Profit From 1st Zune
Not bad for waiting a little bit longer and taking advantage of a unique situation.