Cash For Laptops
Encyclopedia
Laptop
A laptop, also called a notebook, is a personal computer for mobile use. A laptop integrates most of the typical components of a desktop computer, including a display, a keyboard, a pointing device and speakers into a single unit...
recycling
Computer recycling
Computer recycling or electronic recycling is the recycling or reuse of computers or other electronics. It includes both finding another use for materials , and having systems dismantled in a manner that allows for the safe extraction of the constituent materials for reuse in other...
company in Sparks, Nevada
Sparks, Nevada
Sparks is a city in Washoe County, Nevada, United States, located east of Reno, Nevada. The 2010 U.S. Census Bureau population count was 90,264. Sparks is often referred to as half of a twin city .-Geography and Climate:...
, that claims to be the first company to offer to buy used laptops online, in 2001. It encourages computer users to sell laptops as an alternative to trashing them as electronic waste
Electronic waste
Electronic waste, e-waste, e-scrap, or Waste Electrical and Electronic Equipment describes discarded electrical or electronic devices. There is a lack of consensus as to whether the term should apply to resale, reuse, and refurbishing industries, or only to product that cannot be used for its...
.
Its basic business model is to provide a seller an instant online sales quote
Sales quote
A sales quote allows a prospective buyer to see what costs would be involved for the work they would like to have done. Many businesses provide services that cannot have an upfront price, as the costs involved can vary. This can be due to the materials that would be used , and the manpower that...
based on laptop characteristics, then to send a shipping label and prepaid box to the seller, to erase, reformat, and process the laptop, and to pay rapidly by check. When items do not match the seller's description, Cash For Laptops lowers its quote if the product has additional problems, or raises the payout price if the specifications are better than stated, such as with mismeasured display screens.
Reno, Nevada
Reno is the county seat of Washoe County, Nevada, United States. The city has a population of about 220,500 and is the most populous Nevada city outside of the Las Vegas metropolitan area...
area, its CEO is Dave Kruch. It is a division of Laptop and Desktop Repair, L.L.C., a reseller of electronics replacement parts and certified licensee member of TRUSTe
TRUSTe
TRUSTe is a company based in San Francisco, California, best known for its online privacy seals. TRUSTe operates the world’s largest privacy seal program, certifying more than 3,500 websites, including leading online portals and brands like Yahoo, Facebook, Microsoft, Apple Inc., IBM, Oracle...
. Its current website was launched in 2004. It also started Cash For iPhone
IPhone
The iPhone is a line of Internet and multimedia-enabled smartphones marketed by Apple Inc. The first iPhone was unveiled by Steve Jobs, then CEO of Apple, on January 9, 2007, and released on June 29, 2007...
s, in 2008, in response to the popularity of the iPhone 3G
IPhone 3G
The iPhone 3G is the second generation of iPhone designed and marketed by Apple Inc.. It was the successor to the original iPhone, and is succeeded by the iPhone 3GS. Introduced on June 9, 2008 at the WWDC 2008 at the Moscone Center, San Francisco...
and a high degree of upgrades from outdated iPhones, and it has domains for its divisions Cash For Berrys and Cash For Smartphone
Smartphone
A smartphone is a high-end mobile phone built on a mobile computing platform, with more advanced computing ability and connectivity than a contemporary feature phone. The first smartphones were devices that mainly combined the functions of a personal digital assistant and a mobile phone or camera...
s.
Cash For Laptops had a spike in business in the first quarter of 2009 (attributed to the national recession), during which it went from five to twelve employees; at this time it also obtained a lease of a 2000 square feet (185.8 m²) commercial flex space
Flex space
Flex space is a term used for lightly zoned buildings. It is mainly used when referring to industrial or office space.-History:Flex space evolved from light industrial warehouses being converted to office space...
property in Oakcrest Business Park, in Sparks, Nevada
Sparks, Nevada
Sparks is a city in Washoe County, Nevada, United States, located east of Reno, Nevada. The 2010 U.S. Census Bureau population count was 90,264. Sparks is often referred to as half of a twin city .-Geography and Climate:...
. Cash For Laptops counts over 20,000 customers.