Offer is back again! Value is turned into a gift card to be used at IKEA
How does buy-back work?
Click through to the buy-back estimate form to tell us a bit about what you'd like to re-sell.
Bring your assembled furniture and price estimate into the Exchanges & Returns section of your local IKEA store, located near the exit.
Co-workers in-store will then finalise your buy-back and give you the refund card.
Buy back is very hit and miss depending on the condition that they assess the item to be in. More often than not I’d say they lowball you on the condition, you have no options to negotiate and having gone to the effort to cart the item to the store there’s a significant disincentive to reject their offer. Ikea buy back IMO is only worth considering when they have these extra value promos
Yeah, they low balled me when I sold back three items last month. I'd say one wasn't in great condition, but they painted all three with the same brush. I should have forgotten to scan something when I went through the self-checkout to make up for it, but I wouldn't do something like that…
I also wouldn't go and buy a new set of cabinet doors now that they are 10% off and then instantly return them on my old full price receipt.
What value did you get from your items compared to the estimator? Did you get close to 80-90% of estimated buy back?
They went from whatever the medium condition value was, to the low condition value.
can i say i have actually purchased items from the 2nd hand section and then sold back to Ikea for a profit previously. this also can be done with items that are discontinued and the prices are rock bottom and then selling it back during these buy back periods.
with other household items i would aim for 70% of the quoted estimate on average this is dealing with Marsden Park in Sydney
@smeng: You could even catch them out if they say it is in poor condition!
"I just bought it from your as-is section!"
@dangerdanger: the way i see how things work is that in the As-is section the price of items are either 50%, 30% or 25% off the RRP based on condition
you then wait for one of these events which they are willing to give you 50% more on their buy back price being 50%, 30% or 25% of the items RRP
Not happy with the deal so you steal stuff. Righto,pretty entitled.
Now if it were Coles or woollies, steal away.
True, I found it depends on the person working there. If they're nice they'll provide a very reasonable buy back. If they're mean, they will low ball to the extreme. I guess it's not possible to have a perfect system with so many variables involved.
And what do they do with it, land fill?
You think they buy landfill…?
It is sold in the As-is section.
Resell in the AS-IS section
Thanks OP. Perhaps also worth mentioning offer expires on 30 March 2025:
https://www.ikea.com/au/en/files/pdf/2b/55/2b554bcf/ikea-fam…
buying back is generally known as low balling. I have never seen any sellers buying back anything at a reasonable price. for instance, I paid around $1300 for a one-year-old apple watch but the buying back best offer is $400 for a perfect condition one.
In most cases I would say "don't compare Apples to Oranges (or yellow and blue)", but you're right - IKEA will need to make a hefty profit on anything they buy back from you. Think 25-35% of original value.
They offered me nothing for my second hand Spünken.
Sounds like you got pünked
I'd try this if not for the fact my items aren't exactly easy to transport assembled, ala dining table and coffee table.
Wonder if them being discontinued items makes them better or worse value …
They only pay with a gift card that can only be used in Australia. Buy back might work if you're moving interstate, but for overseas it would be great if they could give you a gift card that can be used in any store. This might be difficult given it would need to account for exchange rates, but at least they could allow you to maybe exchange an overseas card for a local one.
Thanks! Was looking for this answer. Moving overseas. We've been offering our stuff either free or very low prices, but we still have some IKEA furniture that no one claimed. Was going to do this when I saw the OzB post, but gift card only works in Australia. :(
It wouldn't be too hard to sell the gift card
Think there would be people that would buy the gift cards at 10% off so hopefully not too much loss
I would say that in most cases, you are better off reselling on Bookface Market. I recently sold a 200cm lagkapten desk and 5 Adils legs for $100. New price from Ikea - $125. The buyer just didn't want to go deal with the seventh circle of hell that is attending Ikea in Richmond.
Exactly. i don't understand why you'd want to lug it into the Ikea shop, instead of having some collect it from your house, and make more money
Have you ever dealt with people from FB Marketplace?
Yes. It's a lot easier to ignore or block the morons than people seem to think.
they can also reject your items if they don't want them. which is rather annoying after you've dragged the items from home into Ikea.
I brought back two LACK coffee tables - one large and one small. They purchased the small one with 50% extra for a measly $11 after rating it as "average" condition, and refused the larger one due to a tiny nick in one leg - the outer laminate is actually structural thanks to the design.
Be prepared for disappointment and long wait times when using this service.
Finally something that works with inflation