Consumers appear to be getting ready to upgrade to the new iPad2. Over the past few days, iPad trade-ins are coming in at an accelerating rate. So far our trade-in orders for the first 4 days of March 2011 are almost 5X more than all of February 2011.
The most popular iPad model traded in is the iPad Wi-Fi 16GB. The next two popular modes are the iPad Wi-Fi 64GB and 32GB models. It is clear these consumers will be buying the new iPad 2.
Here is the total distribution:
NextWorth historically provides industry-leading trade-in values for both online and in-store customers. With the price of a new iPad 2 at $499, consumers can earn at least half the cost toward their upgrade – and up to $390 - by trading in an original model. There is no need to trade-in your accessories with NextWorth - consumers can keep them and use the accessories with their upgraded device. At NextWorth.com, customers have the choice of cash or a gift card when they trade in. NextWorth offers FREE, fully-insured UPS shipping service to all online customers.
Apple products tend retain value more than other brands, and the iPad is no exception. NextWorth provides great values for used iPads that are in “Light Wear” condition (the unit is fully functional, the display is flawless but the back might have slight scratches). Current trade-in values on NextWorth for iPads with “Light Wear” (as of 3/3/11) are on average 9% higher than other values offered in the marketplace:
• iPad 16GB Wifi: $255
• iPad 32GB Wifi: $285
• iPad 64GB Wifi: $310
• iPad 16GB Wifi + 3G: $298
• iPad 32GB Wifi + 3G: $350
• iPad 64GB Wifi + 3G: $390
However consumers are encouraged to act quickly. Historically trade-in values of the previous generation product tend to decline as much as 30% when the new product is made available.
Kelli Grant, Senior Consumer Reporter for SmartMoney.com, reported on CBS News some Buy-Back-Basics. As she mentioned in the news segment shown below, you can instantly trade-in your iPhone or other smartphone at Target and receive a Target Prepaid Card. The Card can be used to make any purchase in the store or at Target.com. Kelli also mentions the advantages of a buy-back program over pre-paying to guarantee a resell price programs just launched by Best Buy and Square Trade.
Kelli also mentions you can go online and get cash for your trade-in. She mentions NextWorth and a competitive site. Today you can receive up to $379 for a iPhone 4 16 GB versus up to $360 for the same phone on the competitive site. NextWorth provides leading prices for all electronic products.
Kelli also offers some good advice on how to always get top value for your smartphone.
Thinking of upgrading to a new Smartphone?
Get ready to trade-in to the new iPhone 4. Whether you select Verizon or AT&T, it has never been more affordable to trade-up to the latest iPhone 4.
NextWorth is again the price leader this week. Here is a comparison of the Trade-in Values for the iPhone 3Gs models in perfect conditon.
|Trade-in Values for iPhones in Perfect Condition|