Cashconverters or Alternatives?

jlim87 on 06/08/2021 - 16:20

Hey all,

I'm currently moving out to a new place and I have tons of furniture and electric goods I want to get rid of but I cbf'ed listing everything on gumtree and selling it one at a time. Everything from West Elm furniture, Ikea cupboards, Nespresso machines, a 2 year old fridge etc.

I'm quite time poor now so not really looking to make the best cut of profit with reselling the items.

What's the general opinion of places like cash converters or are there alternatives that are better? I also once used a person that helps ebay items for a fee but lost the contact. Just thought I'd make a post in case someone had good ideas to share.

I'm based in Melb.

Cheers

General Discussion

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Cash Converters
Cash Converters

Comments

  • mickyb80 on 06/08/2021 - 16:23
    +6

    Give it away! Is there a Vinnies pickup/collection? The feeling you should get by helping out another could be priceless!

    • psyren89 on 06/08/2021 - 16:26
      +2

      In addition to this, you can usually book a collection to come to you. They'll take anything in saleable condition.

    • netjock on 06/08/2021 - 16:33
      +3

      Vinnies

      St Vincent de Paul is the same bunch that believes a solar feed in tax would level the playing field for the poor who can't afford solar. That if they don't get done in by climate change.

      I haven't looked at their financial stats but most charities spend 75% of the money they raise on administration. Having worked for a non for profit (housing charity) usually non for profit means spend it all and try to balance to a zero.

      • Drakesy on 06/08/2021 - 16:39
        +1

        Agreed, i've had friends in NFP's and from their experience (not saying all NFP's are guilty of this) it's a money laundering scheme. Taking well meaning donations, converting them into cash and spending it as frivolously as possible to make sure they don't draw a profit. All while qualifying for some major salary sacrificing benefits. Mate was salary sacrificing something like $20k straight into his mortgage.

      • dandosr on 06/08/2021 - 18:41
        +1

        I was working on a contract for the Red Cross where the management team were literally spending hundreds of thousands of dollars on themselves… I do not and never will directly donate to charities, same with religious institutions, all a scam for $$$. Sad but true.

  • [Deactivated] on 06/08/2021 - 16:28

    I also once used a person that helps ebay items for a fee but lost the contact.

    I've seen people offer this service on Airtasker

  • Jimothy Wongingtons on 06/08/2021 - 16:29

    Have you tried listing it on your local area facebook group?

    I can't imagine hauling all that stuff to cashies would be very convenient.
    Otherwise I usually just put stuff out on the front lawn and it's gone by next morning.

    • netjock on 06/08/2021 - 16:34
      +1

      List it as free to go home, here is the location. First in best dressed.

  • pharkurnell on 06/08/2021 - 16:34
    +4

    down the pub…

    We just been thru this, Vinnies and a few charities are insanely picky - for example, the vinneys bloke wanted to take 1 chair out of a 6 table/chair dining set, and was offended and walked out when I said table and chairs go together

    Others that turned up didnt want lounges, tv cabinet, bets, fridge, or much at all really

    We gave away much of it as we couldnt take it with us and th rest went to landfill.

    • netjock on 06/08/2021 - 16:35
      +1

      I am surprised they didn't ask for an up front call out charge.

      • pharkurnell on 06/08/2021 - 16:51

        Was pretty disappointing to be honest.

        There would be 100's of people after cheap furniture thru these kinda businesses..not everyone can afford a grand+ for a lounge.

        • netjock on 06/08/2021 - 17:01
          +1

          Reason is the furniture isn't going to the needy, it is going up for sale then the proceeds after costs go to the needy. Can't take a monetary cut from your dinning set to pay wages can they.

          • sparkles on 06/08/2021 - 19:07
            +1

            @netjock: True, they ONLY want stuff they can sell. They have no interest in being a middleman between a donator and the needy.

            These large charity shops have budgets to meet and CEO's to pay handsomely. You can't do that passing physical stuff from the rich to the poor.

  • Drakesy on 06/08/2021 - 16:40
    +9

    Take the time and sell it all on marketplace/gumtree.

    Cashies will give you cents in the dollar and it will almost not be worth your time. Even if you undercut the next cheapest equivalent item on gumtree you'll still be ahead of what cashies would offer.

  • Mechz on 06/08/2021 - 16:59
    +1

    I often find that the people moving your furniture are happy to take any unwanted items off your hands because they often do have time to sell it later or use it themselves.

    Cashies usually don't want anything unless it's free and highly sought after like current gen electronics or gold bars.

  • Hardlyworkin on 06/08/2021 - 17:16
    +2

    Figure out a decent price for someone to buy everything and list in FB. If someone can make money taking the time to resell then it is worth it for someone.

  • MS Paint on 06/08/2021 - 17:32
    +3

    Sell as a house lot. Eg. $500 must take everything.

    Make it very very clear that the buyer must take everything.

    Someone with time on their hands will pick up a bargain and over time sell the items they don't need and get to keep the ones they do probably for free.

    Edit: I got distracted while typing and got beaten above.

    • jlim87 on 06/08/2021 - 17:56

      Thank you, this sounds like the best way to get rid of them with 1 seller instead of needing to meet so many ppl, especially with period over paranoid with covid etc.

  • Cluster on 06/08/2021 - 17:33

    You could look at sending everything off to an auctioneer in your city. There's bound to be one that takes furniture and such, although they tend to reject electrical goods.

    It takes all the hassle away from trying to sell things individually, dealing with time wasters, etc.

  • bazingaa on 06/08/2021 - 18:48

    FB marketplace

  • bobbified on 06/08/2021 - 19:36
    +2

    If you want $10 for everything, then go to Cash Convertors.

  • Stevek1960 on 07/08/2021 - 08:53

    Find something like wounded heroes in your area, great cause with little or no admin costing as all volunteers

  • OzHunterNSW on 07/08/2021 - 16:07

    Expect 1/4 of the price, if not less.
    I a recent move, I sold a lot on eBay. My PayPal acc reached $800.00, then I was sent a request to furbish personal info. Then this occurred the next week, then the next week.
    I lodged a complaint, and was told it was "computer generated" (what BS). It is the Aust Govt doing this.
    $800. is nit much, imagine a business trading on eBay. This is all BS!

  • HeWhoKnows on 08/08/2021 - 20:23

    Facebook marketplace

    Gone same day if posted FOR FREE

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