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HP offers cash in exchange for old tech

Candace Lombardi CNET News

Published: 07 Jan 2009 08:48 GMT

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HP has decided to offer people in the US money in exchange for their old tech equipment, the company announced on Tuesday.

The PC maker has had a recycling program for years that lets consumers determine the value of their old tech equipment, then receive a credit for that value toward a new HP or Compaq brand product.

This new recycling program does not require people to buy anything to realise a monetary gain from giving HP their old tech equipment, though they are responsible for postage when mailing in the item. The shipping costs associated with a 'Premium Service', in which FedEx picks up the old electronics, are taken out of HP's cheque to the consumer.

HP calls its new program the HP Consumer Buyback and Planet Partners Recycling Program. The program offers money in exchange for any brand of PC, monitor, printer, digital camera or smartphone that HP determines still has some sort of value. It is part of HP's effort to recycle two billion pounds of electronic junk by 2010. As of now, the company has recycled more than one billion pounds of e-waste.

HP has a quote website for the buyback program that lets consumers input the specs of their old tech equipment and receive a free instant quote.

It offers examples from a dropdown menu, but will also accept items that have been modified, and it offers a place to put in the modified configuration and evaluate it. For example, ZDNet UK's sister site CNET News.com found that an old Dell Inspiron notebook with a 20GB hard drive, 256MB of RAM, a Pentium III M 1.0GHz processor, and loaded with Windows XP Professional was worth about $60 (£40).

If a user's unwanted tech is determined by the online tool to have no value but it is an HP or Compaq brand product, they can still opt to mail it to HP for recycling.

Credit: HP offers money for old tech equipment from CNET News

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