Buyback program makes textbook buying less risky

BookByte, a new textbook program, guarantees students will get cash back.

With classes starting, students are filling Temple’s bookstore, aiming to rent or buy used and new textbooks. While the green digits on the bookstore’s register may have some students’ eyes bulging, BookByte may have found a solution that will leave students’ wallets heavier.

The Salem, Ore.-based website, which has offered textbooks at a discount since 1999, introduced its “Guaranteed Buyback” program. This program is the first of its kind that ensures the company will buy back its textbooks from students regardless of their condition.

“Textbook rental programs typically charge students significant fees for late, damaged or lost books. In addition to the low upfront price typically found with rental, with ‘Guaranteed Buyback’ students also receive a cash rebate when they return the book to Bookbyte,” Andres Montgomery, the company’s chief strategy officer, said.

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