Reselling Amazon Fire Tablets, Crunching the Numbers

Back on February 24th, I posted about an Amazon sale on Fire tablets where you could get up to a $40 discount when you purchase with American Express Membership Rewards points. That wasn’t such a great offer, just decent for those who wanted to buy one of these tablets for personal use. Then about a week later, it suddenly got much better. Amazon lowered the price of some tablets and by stacking it with the Membership Rewards offer, you could save as much as $80. Now it was time to buy for those into reselling.

Reselling Amazon Fire Tablets

The biggest discount was for Fire HD 8″ 32 GB Kids Edition Tablet With Kid-Proof Case. Regular price for that tablet was $129.99, down to $89.99 during the Amazon sale. With Amex discount, the price dropped to $49.99. Limit was five per tablet so I bought 5 of them right away. Thanks to sales tax in NYC, those five tablets cost me $272.15. I listed them the next day on eBay for 84.99, and they sold right away. Should have priced them higher.

Crunching the Numbers

Here’s my calculations:

Purchase Price $272.15
Cashback $13.61
Amazon GCs $5.00
Final Cost $253.54
Selling Price ($84.99 each) $424.95
eBay fees ($8.50 each) $42.50
Shipping ($6.55 to $7.20) $34.30
PayPal fees ($2.76 each) $13.80
Final Selling Price $334.35
Profit $80.81

Guru’s Wrap-Up

Not a crazy profit since I only purchased 5 tablets, but a decent return rate. Tax and shipping cut into my profits a bit and I could have priced a bit more and would have probably still sold them pretty quickly. At least this way I only took one trip to the post office for all 5 shipments. I could have bought some more Amazon gift cards to get a better discount also.

I’m sure some of you guys did even better, especially if you have an eBay store. Let me know if you jumped on this deal.

Danny Deal Guru Facebook Group

3 thoughts on “Reselling Amazon Fire Tablets, Crunching the Numbers

  1. Pingback: Amazon Tablet Sale: Fire 8HD for $30, Fire 7 for $20 - Danny the Deal Guru

  2. Pingback: Recap: Hawaii Key For Southwest Credit Cards, Reselling Fire Tablets & More - Doctor Of Credit

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.