Terms and Conditions

Cashoot

Cashoot.com (the website) is a trading name of Astbury Lodge Financial Services Ltd registered at 3A Horseshoe Place, Oxgate Lane, London, NW2 7JJ. This company may be also referred to as "we", "us", "our" or Cashoot.

Important: Please Read

Please ensure that you have carefully and thoroughly read these Terms and Conditions before using the services of Cashoot.

By clicking the button marked 'Accept Terms and Conditions' when carrying out your transaction you confirm that you have read, accept and agree to be bound by these Terms and Conditions. If you do not accept and agree to be bound by these Terms and Conditions, you will be unable to use the services of Cashoot.

We also recommend that you retain a copy of these Terms and Conditions.

In these Terms and Conditions, the following words will have the following meanings:

"Contract"
Refers to the contract formed between yourself and Cashoot as set out in these Terms and Conditions for the use of our services.
"Buyback"
Refers to the service of you selling your item to Cashoot, us agreeing to hold your item for the buyback period, giving you the option to buyback your item.
"Buyback period"
Refers to the 28 day period for the duration of the buyback.
"Earlybird Period"
This is the first 5 day period of the buyback and has a discounted fee if the item is bought back in this period.
"Late Period"
This is the period 29th day to 35th day.
"Quote Price"
This is the price we offer you for your item on buyback. This is the amount you will receive in your bank account if you go ahead with the transaction.
Buyback Price
This will be the cost of buying your item back within the standard buyback period. This price is made up of the original quote price + the fee.
"Fee"
This is the fee we charge for using our service. It is the difference between the amount we give you (quote price) and the amount you pay to buyback the item (buyback price). The fee is different depending on whether you buyback the item in the earlybird, standard or late period.
"Buyback"
Refers to you buying back your item.
"Renewing
This refers to paying the fee to extend the contract for a further 28 days.
"Tech"
Refers to smartphones, tablets, consoles, laptops and any other consumer electronic.
"Item"
Means the smartphone, tablet, console or laptop etc that you are using to raise cash.
"Agent"
Refers to the Cashoot agent where you will take your item and your item will be stored with this agent for the duration of the buyback.

Introduction

Our site is intended to be used by people registered with us and residents of the United Kingdom. We have the right to accept or reject orders from any persons outside of this.

You are able to access certain parts of this site without registering and other parts once registered.

If you do not accept any of our Terms & Conditions you should not continue to use our site.

By undertaking a buyback with us, you are confirming that your personal details are correct, the details you provide about the item is true and accurate, that you are over the age of 18, you are the sole owner of the item and that you agree with the terms & conditions.

Quote

The quote we provide is a price that we believe to be fair under our buyback pricing system. We are aware that you are likely able to get sometimes more money if selling your item permanently, however we promise to hold your item for a minimum of 35 days (buyback period + 7 additional late days). We also want the buyback price to be affordable when buying back your item. By offering slightly less than you may be able to get selling your item, it helps us to deal more so with customers who genuinely plan to buyback their item in the future.

The quotes range from a minimum of £60 up to a maximum of £500. Any items that we value below £60 we are not able to accept. Any items valued by us at over £500 will be capped at £500.

Quotes sent to an agent will be honoured for 7 days.

Terms & Conditions for Tech Grade A - C

Smartphones

Each smartphone should match the make and model in the buyback order and meet the following conditions:

  • It must be on a UK network
  • It must not be barred/blocked/reported lost or stolen*
  • It must switch on and off.
  • It must be complete with SIM tray and all buttons.
  • Be complete with battery and back cover
  • All buttons must function correctly
  • The integral bodywork should have no cracks, missing plastics, screws or metal.
  • The LCD must be working and power up correctly and fully beyond the 'Welcome Note'.
  • The LCD must be intact with no cracks, lines or missing pixels.
  • There should be no liquid damage.
  • A white screen does not constitute a working phone.
  • The touch screen must be fully functional.
  • All standard functionality and software must be in working order.
  • It must have no fake or non original components.
  • The LCD screen cannot be protruding from casing.
  • There must be no Halo (purple ring) effect on the LCD screen.
  • All standard functionality and software must be in working order.
  • Find my iPhone, google accounts and passcode must be removed or switched off.

*Please note all smartphones and cellular tablets will be checked to see if the IMEI is clean.

Tablets

  • It must switch on and off.
  • It must be complete with SIM tray (iff applicable) and all buttons.
  • Be complete with battery and back cover
  • All buttons must function correctly
  • The integral bodywork should have no cracks, missing plastics, screws or metal.
  • The LCD must be working and power up correctly and fully beyond the 'Welcome Note'.
  • The LCD must be intact with no cracks, lines or missing pixels.
  • There should be no liquid damage.
  • A white screen does not constitute a working tablet.
  • The touch screen must be fully functional.
  • All standard functionality and software must be in working order.
  • It must have no fake or non original components.
  • Does not have personalised engravings.
  • The LCD screen cannot be protruding from casing.
  • There must be no Halo (purple ring) effect on the LCD screen.
  • All standard functionality and software must be in working order.
  • Find my iPad, google accounts and passcode must be removed or switched off.

Grade A Condition: This handset will be either brand new, practically brand new or in almost brand new condition. It can have a few tiny signs of use to the casing or screen but overall should look almost perfect. Any scratches or marks will only be visible on very close inspection and will either be very light or only a few millimetres long. This phone will likely have been kept in a case and most likely will have or had a screen protector!

Grade B Condition: This grade is for devices that at a quick glance appear to be very good condition, but on closer inspection there are light signs of use. These can include light scratches and dings to the casing and a few light scratches around the screen. The scratches on the screen you should not be able to see when the screen is on.
There should be no damage or broken parts or cracks.
Overall still good condition but does show clear signs of use

Grade C Condition: This device will be noticeably well used. There will be a relatively high level of scratching and dings to the casing. There will be quite a lot of scratching to the screen, but you should still clearly be able to see the full screen when turned on. There can be 1 small crack to the glass in a corner as long as the crack is not going over the view-able screen area. This phone overall will look well used but still fully functional.
If the handset has a very slight bend to it (only a few degrees) it will automatically be a grade C.
If the handset has had a third party replaced screen it will automatically be grade C.
If the handset has a faulty fingerprint scanner it will be grade C.

Legal action and prosecution

Any items that are flagged as blocked or reported lost or stolen may be subject to us reporting or informing the police or necessary authorities.

Any customer who attempts to sell a blocked or stolen item to us will be banned from future transactions.

We will always aim to prosecute fraudsters.

Data

Customers can leave their personal data on the device for the period of the buyback. If the item is not bought back, will we remove the personal data before re-selling. we accept no responsibility in relation to the security, protection, confidentiality or use of such data and it is your responsibility to ensure that any data you want to remain secure is removed before using our services. It is however very unlikely that any data would be compromised. Especially as we will be using our unique tamperproof bag to store the device.

You are permitted to print and download extracts from this Website for your own use on the following basis:

  • No documents or related graphics on this Website are modified in any way;
  • No graphics on this Website are used separately from accompanying text; and
  • Any of our copyright and trade mark notices and this permission notice appear in all copies.

Unless otherwise stated, the copyright and other intellectual property rights in all material on this Website (including without limitation photographs and graphical images) are owned by us or our licensors. For the purposes of these terms and conditions, any use of extracts from this Website for any purpose is prohibited. If you breach any of the terms in these terms and conditions, your permission to use this Website automatically terminates and you must immediately destroy any downloaded or printed extracts from this Website.

Payments from Cashoot

Cashoot aims to send the payment within 30 minutes of you dropping the item off at an agent location. There may be exceptional circumstances where there is a delay.

Cashoot makes payment via Faster payments allowing you to, in most cases, receive the funds within minutes from us making the payment. Please note, in some cases these payments may be delayed for up to 2 hours and in exceptional circumstances these payments can be delayed for up to 24 hours. Unfortunately, we have no control over this and cannot reverse the payment, so are unable to return your item until the payment clears.

We use software to help determine the validity of bank details you provide, however we will not take any responsibility if you give us incorrect bank details.

Once you drop of your tech with one of our agents, and they notify us of this, the buyback process has begun and cannot be reversed until you make payment to buy back your item.

Payments must be received before 6pm on the day they are meant for. Payments after 6pm will only be available for collection the following day. It is important to check opening and closing times of your designated Cashoot agent before attempting to collect or drop off your item.

Risk & Title

You declare that the item in question is your own property, that they are not subject to rental, hire-purchase or lawfully confiscated from you or any other credit instalment agreement, and that no other person has any rights over or interest in the goods.

You understand that once you have dropped off your item and the payment is being processed, you have sold your item and it then becomes property of Cashoot.com any damage or loss of an item during the buyback period is our responsibility and our loss. We do however promise to ensure as best possible it is safely stored and data intact for the duration of the buyback. Once you have paid and collected your item the title returns to you. We will use tamper proof unique serial numbered sealed bags as an extra measure of protection that the item on buyback has not been tampered with.

Confiscated or Seized or Counterfeit.

You undertake to repay, within 30 days, the full purchase price of the item in question if it is seized or confiscated by the police or is deemed counterfeit.

Option to Repurchase (Buy Back)

Cashoot grants you the customer, the option to repurchase 'buyback' the item in question within 35 days inclusive of the late period. You understand that if you do not make payment to buy back or renew the item in question within these 35 days, you will lose the right to buy back your item.

You will be unable to buy back after the 35 days period however you may be able to contact cashoot.com on info@cashoot.com and we may be able to facilitate a redemption if the item is still available.

It is your responsibility to check if the period is coming to an end and we will not be held responsible if the device you sold has been resold once outside of the 35 day buyback period.

You may repay by card payment via our website. Once the payment has been made we will send you an email receipt and give you instructions to collect your buyback.

If for any reason the item in question is not available to repurchase when you seek to exercise the option within the agreed 35 days, we are not liable for this failure to sell the item back to you. In the unlikely event that this occurs we may decide to compensate you for the missing goods up to a maximum of 50% of the original purchase price we original paid you for the item.

Option to Renew

Cashoot grants you the customer, the option to renew the item in question within 35 days inclusive of the late period. This will extend your buyback contract with us for a further 28 days. You understand that if you do not make payment to renew the item in question within these 35 days, you will lose the right to renew your item.

The cost of items renewed within the 28 day period will be the fee as set out at the beginning of the buyback, which is calculated as the difference between the quoted purchase price and the quoted buyback price. 28 days will be extended on to the current buyback expiry date. Renewals in the late period will cost the fee as laid out above PLUS a small fee for each late day. 28 days will be added to the date of renewal.

Buyback periods

The Cashoot working day runs from 10am to 6pm Monday to Saturday.

Day one of the buyback begins on the day that you drop your item off with one of our agents.

All payments must be received by us by 6pm on the day it is required for.

The buyback period is split into 3 periods.

Earlybird period:
Which is the first 7 days. The fee is discounted for redemptions during this period. Payment must be received by 6pm on the 7th day.
Standard period
Which is days 8 to 28. Payment must be received by 6pm on the 28th day. This is the standard quoted buyback price as set out in the original agreement.
Late period
Which is days 29 to 35. During this period each day carries a small additional fee as laid out in the fee structure section. Payment must be received by 6pm on the day it is meant for to ensure full payment.

Fee Structure

The fee is the additional amount, above the amount that we originally gave you, to buy back your item.

There is a standard percentage fee for the 28 day buyback period.

There is a discount to the standard fee if you buy back your item in the first 7 days.

There is a small additional fee each day that passes if you buy back or renew your item in the 7 day late period.

Original Amount Early Bird Standard Late: Day 29 Late: Day 30 Late: Day 31 Late: Day 32 Late: Day 33 Late: Day 34 Late: Day 35
Fee 20% 30% 32% 34% 36% 38% 40% 42% 44%
£60.00 £12.00 £18.00 £19.20 £20.40 £21.60 £22.80 £24.00 £25.20 £26.40
£100.00 £20.00 £30.00 £32.00 £34.00 £36.00 £38.00 £40.00 £42.00 £44.00
£200.00 £40.00 £60.00 £64.00 £68.00 £72.00 £76.00 £80.00 £84.00 £88.00

There are no additional admin, early, late or card payment fees involved.

T & C Alterations

Cashoot reserves the right to make changes to the terms & conditions. If any changes are made, the T&C's that will apply, will be the T&Cs that existed on the day that the buyback began.

Contracts for the purchase of products through our site will be governed by UK law. Any dispute arising from, or related to, such contracts shall be subject to the non-exclusive jurisdiction of the courts of the UK.

Have a question?

Take a look at our FAQ if you need some help or have any questions.

FAQs