BuyBack

Need access to cash but don’t want to sell your item permanently? Cash Shop’s BuyBack service gives you a flexible alternative. You receive cash upfront, with the option to buy your item back later at a price agreed in advance.

What is BuyBack?

Our BuyBack service allows you to sell your item to Cash Shop while keeping the option to repurchase it within an agreed period. You’ll receive cash immediately, and if you choose to buy the item back, the total cost is known in advance.

There’s no long-term commitment and no obligation to repurchase the item if you decide not to. The choice is entirely yours, and our team will explain the process clearly so you can decide whether BuyBack is the right option for you.

Everything is handled in store, with your item securely stored for the duration of the agreement.

How the BuyBack service works

  • We give you a clear price for your item and buy it in store

  • We test your item where needed to confirm it’s in good working order

  • You receive cash immediately, and we securely store the item for you

  • You repay the agreed amount plus the repurchase premium within 30 days

  • You can extend the agreement for a further 30 days by paying an additional premium

  • Once the agreed amount and repurchase premium are paid, the item is returned to you

You sell us an item for: £100
You buy it back within: 30 days*
You buy it back for: £132

How much does it cost?

Most of our competitors charge around 1/3 of the purchase price to buy back your item, regardless of how long the term is. At Cash Shop, we understand you may only need the cash for a few days, and therefore our pricing is reflected in how long it takes for you to redeem your item

All Items Considered

We consider any item in good condition, but almost always give cash for:

Mobile Phones

Laptops

Consoles & Video Games

TVs

Musical Instruments

Tablets

Cameras

Not sure if we’ll accept your item?

FAQs

At Cash Shop, we believe you should be able to get your cash any time you need it.

No, you can redeem at any time, up to and including the 30th day.

As a courtesy, we send a text message to remind you the item is due. If you would prefer for us to hold it for longer, you can pay a renewal fee (known as the ‘Repurchase Premium’) and we’ll hold it for up to an additional 30 days. If you cannot come in for some reason, but still want to be able to redeem your item, please contact us before the expiry date to make arrangements. If you do not renew, redeem or make arrangements by day 30, you will not be able to redeem the item and Cash Shop will be able to sell it on.

You can still redeem or renew your item(s), however, there is a £3.00 lost document fee. We recommend that you put your contract in a safe place as soon as possible, so you always know where it is!

Of course! If this happens, you have simply sold the item to Cash Shop, and have decided not to buy it back.

All items are factory reset prior to resale, and all data is removed from any device that stores data. We strongly recommend you back up the data on your devices prior to leaving them with Cash Shop.

Most competitors charge more than 30% of the purchase price to redeem, whereas Cash Shop’s rate is a flat, fixed 30%. We also send reminder texts, give you the option to pay online or over the phone, and allow you to renew your contract, if that works better for you.

Purchase Price – the amount we pay you for your item(s); although you have sold the item(s) to Cash Shop, your contract allows you the exclusive option to buy it/them back within 30 days.

Repurchase Premium – the fee to repurchase your item(s). This is 30% of the amount we purchased the item from you for. So, if we bought an item from you for £100.00, and you buy it back within 30 days, the repurchase premium is £30.00 (compared to £35.00 at Cash Generator).

Repurchase Price – the total amount you would pay to buy back your item. Using the above example, the Repurchase Price is £130.00.

Redeem – the term used to describe the act of repurchasing your item(s).

Renew – the ability to pay the Repurchase Premium only, for Cash Shop to hold the item for an additional 30 days after the expiry date.

Expiry Date – the date by which you must either redeem or renew your item.

“This place has helped me out so many times and they are so helpful and understanding! The interest rate is also one of the best if not the best! Definitely recommend.”

Marissa Wilson
Sheffield