AppleInsider Staff
Best Buy on Thursday announced that it will be initiating a trade-in program on Friday, offering gift cards worth at least $200 for working iPad 2 and third-generation iPad models.
The deal, which runs from Friday to Saturday, will allow customers can bring in their old iPads to trade in for $200, which can be put toward the purchase of the latest version of Apple's tablet, reports CNET. Best Buy's current price for a 16GB iPad is $499.99, meaning trade-in customers would pay $299.99 after applying the gift card.
The big-box electronics retailer said that, depending on the model and condition, some iPads may fetch even more than the base $200, though the company did not specify how much higher it would go for pristine examples.
While customers must visit brick-and-mortar Best Buy locations that accept trade-ins to take advantage of the offer, the gift cards can be used both in-store or online. The company said it will recycle the tablets.
Best Buy said the success of its iPhone trade-in promotion in June prompted the company to make a similar offering with the iPad. The limited-time iPhone promotion was the company's biggest day for trade-ins on record.
For readers who may not live near Best Buy, or those who are interested in other, potentially better options, the AppleInsider Trade-In Guide features exclusive promotions to trade in your old Apple gear. Trade-in partners such as Gazelle, Amazon and NextWorth even go beyond iPads, and will accept your used iPhones or MacBooks for cash.
Malcolm Owen
Amber Neely
Christine McKee
Chip Loder
Marko Zivkovic
15 Comments
Or take less than 5 minutes and sell it on Amazon for $278 that you can spend anywhere.
Why would you do this when you can sell it outright for at least $300????
If it was for the 1st gen id be tempted..
Why would you do this when you can sell it outright for at least $300????
We are talking about people who shop at Best Buy. They will trade in AND buy an extended warranty plus some Monster cables.
I find it amazing how some commenters say you can sell your device for more money than a store would offer in trade. Duh, that's how trade ins work. Store take in the trade, then turns around and re-sells the item for a profit.
For those not set up to sell items online, it's not worth the hassle to do it.
People trade in cars ALL the time, and get far less for the trade than the car sells for to the next buyer. Why should electronics be any different?