How are the trade-in cash back values determined?
The values stated in the HP Trade-In Program are based on their value in the used or secondary marketplace also known as Fair Market Value (FMV). Market Velocity maintains relationships with dozens of re-marketers throughout North America and also maintains a proprietary pricing database which feeds the HP Trade-In Program web site. We pass along whatever the re-marketers will pay for the used equipment to the customer. It is best to think of the trade-in value as the used wholesale value. For more explanation, please see determining values.