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iPad trade-in interest doubles over 2012

Gregg Keizer | Nov. 4, 2013
Design changes — the new iPad Air is lighter, thinner and faster — prompt consumers to unload older Apple tablets to fund purchases

Relatively few of the quotes provided by NextWorth (17%) or Gazelle (12%) have been for the fourth-generation iPad, which debuted a year ago.

Quotes for the original iPad Mini tailed off significantly after the Oct. 22 announcement by Apple that it would not start shipping the revamped 7.9-in. tablet until later this month, Trachsel and Scarsella said.

"I think that most people with a Mini are going to stay with the [Retina] Mini," said Scarsella, explaining the trade-in fall-off. He expected interest to resume once Apple reveals when it will begin selling the tablet, which will start at $399, $80 more than last year.

"In September, iPad Mini quotes were up five times from the month before," said Scarsella. "People that own that tablet are ready to upgrade. They're not getting a lesser product in the Mini this year because it has the same components as the iPad Air. It's just a different-sized screen."

On Thursday, NextWorth was offering $200 for a 16GB Wi-Fi-only, third-generation iPad; Gazelle quoted $180 for the same device.

Buyback vendor NextWorth will pay $200 for a used third-generation iPad with 16GB of storage space. Rival Gazelle quoted $180.

 

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