Posts Tagged ‘Text Books’

Jan 2010 19

MythBreakers Presents: Is Renting Cheaper Than Buying?

No! You can save more money by buying and selling your textbooks at ValoreBooks.com than by renting your textbooks. In a time where somber news reverberates across U.S. college campuses surrounding budget cuts, tuition hikes and decreasing aid programs, ValoreBooks.com is on a mission to offer affordable education to students. One of the main ways you can save money is by cutting the cost of your college textbooks. We are committed to saving you money by providing cheap textbooks. We also think it’s important to provide you with information that will aid you in your search for affordable textbooks.

Part of this effort is debunking the myth that renting textbooks is cheaper than buying textbooks. After a weeklong comparison of prices from ValoreBooks.com and four major textbook rental companies, the verdict is in. Buying and selling back on a marketplace such as ValoreBooks.com can save you more money than renting.

Price comparisons from ValoreBooks.com and the average rental prices from four major textbook rental companies on January 18th, 2010 show that you can save more money by buying and selling a textbook, than by renting it. The net cost of buying and selling Biology and Mastering Biology, ISBN 0321543254 on ValoreBooks.com is $37.95, while the average cost of renting the same book is $81.29, a savings of $43.34. The same goes for Calculus:Early Transcendentals, ISBN 0495011665 with a savings of $35.23 as well as Consumer Behavior , ISBN 0136015964 with a savings of $35.16. An expanded list can be found below.

RentvsBuyFinal

* Buy and Sell prices are based on available pricing on 1/18/2010 at 11:00 AM. All prices are subject to change at any time based on the actions of marketplace buyers and sellers. Renting prices are based on the average prices for available book rentals at 11:00 AM on 1/18/2010 from bookrenter.com, campusbookrentals.com, chegg.com and ecampus.com. Rental prices are based on the duration of one semester. All prices are subject to change at any time.

You can save even more money by listing your textbook for sale on the marketplace. Here, you are able to set your own price for the book, and get paid once the item sells. You can purchase Exploring Psychology, ISBN 0716771411 in good condition for $41.87 from the ValoreBooks.com marketplace and then resell the item on the marketplace in the price range of $41.87-$63.00 when you are done using it. The net cost for the textbook could be nothing, and you could even make money on the transaction!

Since you can acquire your textbooks from several different outlets, it is important to shop around and find an option that best suits your budget.