- Chicago | Dallas | Phoenix
- sales@hobi.com
- Client Portal
- Request a Pickup
- 877-814-2620
ITAD Glossary
What is an IT asset buyback?
An IT asset buyback is when an ITAD provider or reseller pays a business for its retired IT equipment, either as a quoted price up front or as a share of resale proceeds. The provider then sanitizes, refurbishes and resells the equipment.
IT asset buyback
Why it matters for IT and security teams
A buyback turns surplus equipment into cash that can help fund a hardware refresh, instead of paying to store or recycle it.
IT asset buyback
How it works
- Share an inventory list with models, configurations and condition.
- Receive a quote.
- Equipment is picked up and audited on receipt.
- Data is sanitized and documented.
- Payment follows, adjusted if the received condition differs from the list.
IT asset buyback
How HOBI handles it
HOBI buys used IT and mobile equipment from businesses. Clients choose between a quoted price paid up front and a share of resale proceeds.
Questions
Frequently asked questions
What equipment qualifies for a buyback?
Generally recent laptops, desktops, servers, networking gear, phones and tablets in working or repairable condition.
When do I get paid?
After the equipment is received and audited, on the schedule in your agreement.
Is my data protected?
Yes. Equipment is sanitized before resale and documented with a certificate of destruction.
Keep learning
Related terms and services
Need help retiring IT equipment?
Talk to HOBI about secure data destruction, value recovery and certified recycling, or call 877-814-2620.