iPad trade-in programs are skyrocketing in popularity, according to a Nov 1 report in “Computerworld”. Representatives from two buyback companies, Gazelle and NextWorth, have told “ComputerWorld” that the number of consumers who have asked for quotes in their iPad trade-in programs has more than doubled compared to Oct 2012.
Both men said this suggests high sales for the new iPad Air.
Mr. Scarsella of Gazelle and Mr. Trachsel of NextWorth credit the rocketing popularity of their iPad trade-in programs to the revolutionary redesign of the older iPads—and the desire of consumers to get the new iPad Air.
The new iPad Air is 20 percent thinner and 30 percent lighter than its predecessor, iPad 4. It has a new A7 chip with 64-bit architecture, which makes iPad Air more than 70 times faster and more powerful than the original iPad—and it still gets the same ten hour battery life between charges.
The consumer electronics trade-in business has skyrocketed in the past few years as consumers realize that their quality smartphones and tablets have a significant trade-in value. This is particularly true of Apple products.
This makes for a win-win situation. Many Apple customers elect to trade-in their older iPhone or iPad to finance the purchase the latest model. The companies that offer the trade-in programs then sell those iPhones or iPads on eBay, or in developing nations, to consumers who might not be able to purchase them at the full price.
As the electronics trade-in business gets more popular and more companies are offering trade-in programs—like Apple (has iPhone trade-in program only), Walmart, Best Buy and Amazon—consumers are advised to shop around to get the best deal. For example, for a 16GB Wi-Fi only iPad 3, NextWorth gives a trade-in value of as much as $200.00; Gazelle offers $180.00; Walmart offers $165.00, Best Buy offers as much as $195.00 and Amazon offers up to $231.00 in their trade-in programs.
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