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Given the price of the 505 in the US, I would say the value of it would be $200 used. It's too bad you paid $375 for it. But you'll only really get $200... maybe $250. But not more. And if you have registered it at Sony Connect and the $100 in classic books is gone, you'll really have to drop the price to $150 (at best) as you will have lost the buyer $100 in the Connect credit.
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