Canada man buys five used 2019 4K Apple iMacs for $876 to try and flip them for a profit
Buying used tech can be a gamble, but one Canadian man decided the risk was worth taking when he spotted a batch of used 2019 4K Apple iMacs at a government surplus auction.
He managed to get his hands on them for just CAD$876 (around US$640), despite having no idea what condition they were in.
The computers were being sold “as is”, with no specifications listed and no guarantees that they even worked.
The question remained about whether the calculated risk he took would actually pay off.
Canada man takes a chance on five used Apple iMacs
Everyone’s favorite gadget flipper-turned-YouTuber, Kristian Kumric, found a listing on a government auction website where schools and public organizations sell off old equipment.
The lot consisted of five 2019 4K Apple iMacs from a local school district, with bidding starting at CAD$500 (around US$365).
Although the listing didn’t include any specifications, he discovered an identical batch had recently sold for CAD$1,150 (around US$840), so he set himself a maximum bid of CAD$1,200 (around US$875).
After a tense bidding war, he won all five computers for CAD$876 (around US$640).
When they were delivered, the YouTuber finally discovered exactly what he’d blind bought.
All five iMacs powered on successfully, with three featuring upgraded processors and two equipped with extra RAM, making them more valuable than expected.
He made a surprisingly good profit
The next challenge was finding buyers.
He initially listed the iMacs on eBay and the Canadian marketplace Kijiji, but after several price reductions, he still hadn’t made a single sale.
With the computers taking over his office, he switched strategy and listed them on Amazon as well.
That decision paid off almost immediately.
Three of the iMacs sold on Amazon for CAD$399 each (around US$290 each).
After carefully packing them to avoid shipping damage, he sold the remaining two locally through Kijiji for CAD$500 (around US$365).
Once every computer had been sold, the numbers were in.
After purchasing the lot for CAD$876 (around US$640), the Canadian reseller finished the project with a total profit of CAD$701.36 (around US$510).
Kumric is no stranger to flipping gadgets, having sold all sorts of Apple gadgets for a profit.
It was a risky purchase, but by researching auction prices, testing every machine and selling across multiple marketplaces, he managed to turn a mystery box of old school computers into a successful flip.
