As we’ve been reporting, the arrival of the iPad 3 is nigh at hand. Many iPad 2 owners will doubtlessly be looking to upgrade. But what is the best time to sell your old iPad?
This has all happened before. Just last year, owners of the original iPad sold their devices to fund an iPad 2 purchase. Nextworth, a company who specializes in electronics trade-in by mail, culled data from eBay that showed a steep decline in eBay selling price for first generation iPad as the release date of the iPad 2 approached.
According to the graph, the Wi-Fi models held their value better than models with 3G, perhaps because consumers who buy a second-hand iPad want to forgo the extra expense of a data plan.
It’s not certain that iPad 2 prices will behave the way first generation prices fluctuated on eBay, however, there is one way to sell an iPad for a guaranteed price: Nextworth.
Nextworth locks in a price for 21 days, and even provides potential sellers with a UPS label to cover shipping. The company evaluates the devices they receive to ensure they are in the condition that was described, then pays customers via PayPal, Target gift card or check by mail.
Shoppers who want immediate turnaround can take their device to one of the 1,470 participating Target stores and get a Target gift card in exchange on the spot.
Current prices for a 16 GB Wi-Fi iPad 2 in like new condition are $286.50 at Nextworth or a slightly lower $274.50 through Nextworth’s Target service.
While selling a tablet on eBay may yield a higher price than Nextworth offers, it could also lead to a lower selling price, or a potential headache from an unreliable buyer. Nextworth offers a viable alternative for anyone who isn’t comfortable listing an item on eBay.
To get the most money for an iPad 2, there may be no time like the present.