Sell Your iPad 2 Now and Get an iPad 3?
Want an iPad 3? Sell Your iPad 2 Now
Re-sale charges for the iPad 2 will fall because the official launch date for the iPad 3 — widely expected to be March 7 — edges closer, experts say. Consumers can are expecting to see a steep decline in value in the 2-3 weeks before the unveiling of the newer device, says Mark LoCastro, spokesman for sale aggregator site DealNews. com. “You’ll receive a higher resale value for your used device if you spend the it now, instead of looking forward to the newer generation to be announced, ” he says.
The re-sale price follows exactly the same trajectory because the iPhone, experts say. As SmartMoney. com reported, the apple iphone 4 declined 20% to 25% in value on re-sale sites during the immediate launch amount of the iPhone 4S, but this leveled out because the excitement on the launch subsided. The iPad 2 will probably experience a similar percentage decline after the iPad 3 is announced, says Ashley Halberstadt, a spokeswoman for re-sale site Nextworth. com. That said, LoCastro says re-sale sites desire to offer aggressive pricing now in order to buy up as much units as you possibly can while folks are looking to sell — so he doesn’t eliminate an uptick in cost on the day the iPad 3 is announced.
But if Apple decides to keep on trying to sell the iPad 2 at a discount along with the spanking new iPad 3, the re-sale market for old tablets will experience an even bigger hit, LoCastro says. “This is a rumor and several are skeptical, but if it proves true the trade-in value for your used iPad 2 will immediately plummet, ” he says. (Apple did not respond to requests for comment. ) That said, the worthiness of Wi-Fi only iPads an average of endure better on the re-sale market since they don’t involve buyers taking out a two-year data plan, Halberstadt says.
Prices vary on re-sale sites, too. NextWorth. com can pay $272 for a 16-gigabyte iPad 2 in “good” condition– a 45% depreciation on the price of a new $499 iPad 2 . Gazelle. com, a competing re-sale site, will buy a similar iPad 2 for $260. Both sites offer “lock-in” charges for an agreed time frame before the tablet sells. Nextworth includes a lock-in amount of 21 days, while Gazelle pledges a slightly more generous 30-day lock-in period.
More adventurous consumers may prefer holding onto their iPad 2 before last minute and trying to sell it on ebay themselves, says Yung Trang, president of TechBargains. com. Currently, the iPad 2 is trying to sell on ebay for about $300, a far more attractive price for sellers than both Netxtworth and Gazelle, he says. Plus, Trang says people may be reluctant to spend the their iPad 2 now — if only since they will be left empty handed before spring, once the new iPad is expected to actually continue sale. “That’s my dilemma, ” he says. “The question is really this: May be the incremental $50 to 100 you get now worth not having an iPad for nearly a month? ” The choice, he says, is supply the used iPad to your children.