Wednesday Apple announced a new iPad, sending a flurry of enthusiastic iPad owners to the interwebs to ditch their old tablets to make way for the new.
So, how much can you expect to get for an iPad 2 now that there’s a new iPad on the way? We did some digging on the Web to check out what options are available for reselling, and how much you could receive post-announcement.
For the sake of argument, we acted as though our iPad was in like-new condition, in good working order with no scratches. We picked a 32GB Wi-Fi model to take through the paces and found that we could get anywhere from $194-$400 for the same tablet in pristine condition depending on where we decided to sell it.
Here’s a breakdown of some of the options:
CashForiPads is offering $283 for a 32GB iPad that powers on and works fine. The site wasn’t interested in what damage might have occurred to our tablet, as long as that damage didn’t involve the screen or the battery. The site is currently offering $247 for the 16GB Wi-Fi version, and $325 for the top-of-the-line 64GB Wi-Fi/3G version of the tablet. If you decide to sell your iPad 2 to CashForiPads the company will send you a free pre-paid mailer and shipment label to mail your iPad in. once your tablet is in the mail you’ll have a tracking number to monitor its progress, and can get paid via check or PayPal upon acceptance from CashForiPads.
Gazelle is one of the better-known sites for trading in old electronics. It’s currently offering $225 for a pristine 32GB Wi-Fi iPad 2, $185 for the 16GB Wi-Fi version, and $300 for a flawless 64GB 3G/Wi-Fi version of the tablet. Gazelle offers free shipping if you decide to sell your iPad, and will pay you via check, Amazon gift card, or PayPal once your iPad has been received and inspected.
NextWorth is site very similar to Gazelle and would give us $317.10 for our like-new 32GB, the most of any of the trade-in sites. Unlike some of the other sites, however, NextWorth asks quite a few questions about the tablet’s condition. We’d lose $10 of that $317.10 for not including the original box with our iPad 2 when we sent it in, and the price drops down to $267.10 if the back plate is dented or scratched. The site will give us $291.89 for our 16GB Wi-Fi iPad 2, and get an astounding $406.35 for our 64GB Wi-Fi/3G version.
BuyMyTronics is a similar site to Gazelle and will buy your iPad 2 even if its broken. The site is currently offering $194 for our 32GB Wi-Fi iPad 2, and will pay $183 for the 16GB Wi-Fi version and $241 for the 64GB 3G/Wi-Fi version. Much like the other sites, BuyMyTronics will pay for you to send them your tablet, and will send you a check or PayPal payment once it has received and checked out your tablet.
Surprisingly, eBay seems to be where you’re going to get the most cash for your iPad 2 if you’re trying to sell it today. Used versions of the 32GB Wi-Fi iPad are currently selling for around $400. A used 16GB iPad 2 sells for around $350, and the 64GB Wi-Fi/3G version is still fetching around $500 on the site. Selling your tablet on eBay requires you to pay a fee to eBay itself for handling the transaction, and then another to PayPal for handling the money part of the equation. While those fees will definitely cut into your profits, they might be worth it if you can get bids on the site higher than what’s being offered elsewhere.
Craigslist is another option for selling your iPad to a private party. Depending on where you live, you may be able to get the same amount of money (if not more) for your tablet as you can on eBay. And, there’s an added bonus of having cash in hand instantly. One downside of Craigslist, however, is that you’ll have to coordinate with and meet with whomever you choose to sell it to. When dealing with large sums of cash and electronics in an in-person encounter with a stranger, you might find yourself in an uncomfortable situation. It’s up to you to decide if it’s worth the extra cash you might potentially receive.
There are tons of businesses and trade-in programs where you can sell your iPad or iPad 2. If you decide to sell your iPad to a company, make sure you do a little research beforehand to ensure that company is reputable and doesn’t have a ton of outstanding complaints about them. Likewise, if you choose to sell your iPad to an individual, make sure you’re meeting at a time and location where you feel comfortable making the transaction.
Have any of you tried to sell your iPad or iPad 2 now that there’s a new iPad on the way? Tell us about your experiences in the comments.