SellMyMobile's MD Keir McConomy says this rise in tablet recycling is down to the super rapid product release cycle:
"With so many new tablets coming on to the market, it can be frustrating when you fork out for a new device only for a better model to launch a few months later.
"That's why we are seeing a new trend of tech-hungry consumers trading-in their old models and putting the money towards the latest device, which explains why there has been such a spike in iPad sales ahead of the new iPad launch."
If you're looking to offload an old iPad before investing in the new iPad or the iPad 3 or whatever monicker you choose to bestow upon it, SellMyMobile will give you around £240 for the iPad 2 16GB Wi-Fi only model, all the way up to £315 for the iPad 2 64GB Wi-Fi and 3G.
It's always worth shopping around though – generally you'll get a bit more for your used gadgets on eBay (although the admin trade-off is a bit of a pain).