Mechanical recycling is one of the possible ways to enhance the value of postconsumer plastic materials. However, the final performance of the recycled material will strongly depend on the quality of the selection made on the recycled product and on the degradation of the properties. In this context, the present study examines the effect of reprocessing for five successive extrusion cycles on the rheological, mechanical and thermal properties of a poly(butylene adipate-co-terephthalate) (PBAT)-based blend on samples reprocessed in both dry and wet conditions. The results showed that when the sample was processed after drying, degradation of the material was less than when it was processed in wet conditions. However, the experimental results showed that the decrease of rheological and mechanical properties was not so dramatic, and therefore the material could be reused in both cases.