Recommerce sites offering cash for current iPads [U]
updated 08:00 pm EST, Fri March 4, 2011
by MacNN Staff
Varies by site, but resale value is still high
[Updated -- due to overwhelming demand, offered prices have been adjusted] Sites that offer to buy users' now "previous generation" iPads are still offering good prices for used first-generation iPads, varying by site but offering up to $600 depending on models and condition, the money from which can be used to buy the just announced model. Among other sites, Gazelle.com and NextWorth.com have specifically posted prices for good-condition iPads. Some sites will "lock" offers for up to 30 days to ensure time for the new models to arrive in various places.
NextWorth.com conditions their offer on various questions regarding condition, but as an example we priced a good-condition 32GB Wi-Fi iPad and got an offer of $285. The company also specializes in smartphone buying, particularly the iPhone.
Gazelle.com has posted a list for various models and assumes they are in good condition; the same 32GB Wi-Fi fetches $340. Gazelle had posted higher prices for iPads for a limited time, but was so overwhelmed with demand for trade-ins that they had to withdraw the offer well before the expected end, which would have been Saturday. The company does still offer to "lock-in" their offers for up to 30 days. Gazelle said in an earlier statement that they expect five to 10 percent of their consumer sales will involve trade-ins of the first-generation iPad, but they have since indicated that activity surpassed expectations by a huge margin.
Both companies use safe data recycling practices to ensure that all consumer data on traded-in items is thoroughly destroyed.