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iPad trade-ins up 10x on eBay as new models loom

post #1 of 31
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iPad owners appear to be getting rid of their older models in preparation for the release of the third generation, as the number of iPads being traded in to eBay during February was up tenfold from that of the same month last year.

CNet reports that eBay made over 125,000 tablet trade-in offers in February, 97.6 percent of which were versions of Apple's iPad. That number includes only trade-ins are submitted to eBay's Instant Sale program, which offers cash to owners and takes care of wiping the devices and pays for shipping.

In fact, Apple's iPhones, iPods and iPads have made up the bulk of the trade-in items submitted to Instant Sale, despite the fact that other electronics brands are also accepted. eBay said it has made 7.3 million trade-in offers since launching the program.

The first-generation iPad 3G is the most commonly traded-in iPad, followed by the Wi-Fi-only original iPad. The Wi-Fi only iPad 2 is listed as third-most-popular, with the Verizon and AT&T iPad 2 models listed as fourth and fifth, respectively.

A significant jump in the number of iPads being traded-in was to be expected, as the available pool of used iPads last February were all less than a year old. Given that the first-generation iPad took the two top spots for tablet trade-ins, it would appear that some purchasers of the original iPad in 2010 skipped last year's second-generation and are now trading in their tablets in preparation for the third-generation.

A March 7 date for the unveiling of the so-called "iPad 3" has been rumored for weeks and was confirmed Tuesday when Apple sent out invitations to a media event that will take place at 10 a.m. Pacific at the Yerba Buena Center for the Arts in San Francisco.

"We have something you really have to see. And touch," the invitation read.


Apple's March 7 event invitation, via The Loop.


The next-generation iPad is expected to feature a double-resolution display and an upgraded processor. It has also been suggested that the tablet could include support for 4G LTE networking.

Just weeks after the iPad 2 was released last March, eBay also offered some insight into buying and selling patterns for the iPad 2. A chart published by the site showed that 65 percent of the iPad 2 units being sold on the site were remaining in the U.S.

[ View article on AppleInsider ]
post #2 of 31
Sold my 16gb iPad two weeks ago for £250. They're going for £180 now that there are so many on there so looks like I made the right move.

Damn I miss it, hope it's an early march launch. Oh well, one week until we know!
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post #3 of 31
Quote:
Originally Posted by saarek View Post

Sold my 16gb iPad two weeks ago for £250. They're going for £180 now that there are so many on there so looks like I made the right move.

Damn I miss it, hope it's an early march launch. Oh well, one week until we know!

The UK should get it around the 14th (1 week after US if US is on the 7th), otherwise March 21-25th or so by the latest, just a few weeks after the press event. My 2 cents.
post #4 of 31
JUST sold my 64GB wifi two days ago for $525.00.

Pretty perfect timing, I think, though I do miss it quite a bit. Cannot wait to get a new one with that razor sharp screen.
post #5 of 31
Quote:
Originally Posted by Lom View Post

Perfect time to get one. Perfect time to get a free travel/photography book for it too:

"The largest travel / photography book in existence"

well ... if you can't make it good, make it big.
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post #6 of 31
I dont know how the iPad can possibly survive in the face of bargain-priced tablets like Kindle, PlayBook, and... used iPads!

Theres the REAL deal for a tablet-shopper on a tight budget: wait for late winter and grab a 1-or-2-year old iPad model. (Even an iPad 1 is a great machine still for most purposes.)
post #7 of 31
post #8 of 31
I'm keeping my iPad 1. Historically interesting as the first really successful tablet in computer history. But definitely getting a 3 too!
post #9 of 31
Quote:
Originally Posted by saarek View Post

Sold my 16gb iPad two weeks ago for £250. They're going for £180 now that there are so many on there so looks like I made the right move.

Damn I miss it, hope it's an early march launch. Oh well, one week until we know!

You sold at the right wrong time.
Citing unnamed sources with limited but direct knowledge of the rumoured device - Comedy Insider (Feb 2014)
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Citing unnamed sources with limited but direct knowledge of the rumoured device - Comedy Insider (Feb 2014)
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post #10 of 31
Quote:
Originally Posted by Ireland View Post

You sold at the right wrong time.

Yea really, my mom jut picked up a 16gb version with 3g for 180 bucks.The eBay add said it was missing the power cable and I guess that just turned people of from bidding. I can pickup a cable from the friggen grocery store now so she defiantly got a great deal.
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When I looked up "Ninjas" in Thesaurus.com, it said "Ninja's can't be found" Well played Ninjas, well played.
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post #11 of 31
I am trading my iPad now because new Asus Transformer Pad Infinity has been anounced. Can't wait to get my hands on this little beauty.

I bet a lot of people who settled for an iPad while waiting for an Ice Cream Sandwich tablet are now trading in their iPads.
post #12 of 31
Quote:
Originally Posted by Nairb View Post

I am trading my iPad now because new Asus Transformer Pad Infinity has been anounced. Can't wait to get my hands on this little beauty.

I bet a lot of people who settled for an iPad while waiting for an Ice Cream Sandwich tablet are now trading in their iPads.

The name Ice Cream Sandwich reminds me of reviews for the Spinal Tap album Shark Sandwich.
post #13 of 31
Quote:
Originally Posted by Nairb View Post

I am trading my iPad now because new Asus Transformer Pad Infinity has been anounced. Can't wait to get my hands on this little beauty.

I bet a lot of people who settled for an iPad while waiting for an Ice Cream Sandwich tablet are now trading in their iPads.

That's funny.
post #14 of 31
Quote:
Originally Posted by AppleInsider View Post

iPad owners appear to be getting rid of their older models in preparation for the release of the third generation, as the number of iPads being traded in to eBay during February was up tenfold from that of the same month last year.

CNet reports that eBay made over 125,000 tablet trade-in offers in February, 97.6 percent of which were versions of Apple's iPad. That number includes only trade-ins are submitted to eBay's Instant Sale program, which offers cash to owners and takes care of wiping the devices and pays for shipping.

In fact, Apple's iPhones, iPods and iPads have made up the bulk of the trade-in items submitted to Instant Sale, despite the fact that other electronics brands are also accepted. eBay said it has made 7.3 million trade-in offers since launching the program.

The first-generation iPad 3G is the most commonly traded-in iPad, followed by the Wi-Fi-only original iPad. The Wi-Fi only iPad 2 is listed as third-most-popular, with the Verizon and AT&T iPad 2 models listed as fourth and fifth, respectively.

A significant jump in the number of iPads being traded-in was to be expected, as the available pool of used iPads last February were all less than a year old. Given that the first-generation iPad took the two top spots for tablet trade-ins, it would appear that some purchasers of the original iPad in 2010 skipped last year's second-generation and are now trading in their tablets in preparation for the third-generation.

A March 7 date for the unveiling of the so-called "iPad 3" has been rumored for weeks and was confirmed Tuesday when Apple sent out invitations to a media event that will take place at 10 a.m. Pacific at the Yerba Buena Center for the Arts in San Francisco.

"We have something you really have to see. And touch," the invitation read.


Apple's March 7 event invitation, via The Loop.


The next-generation iPad is expected to feature a double-resolution display and an upgraded processor. It has also been suggested that the tablet could include support for 4G LTE networking.

Just weeks after the iPad 2 was released last March, eBay also offered some insight into buying and selling patterns for the iPad 2. A chart published by the site showed that 65 percent of the iPad 2 units being sold on the site were remaining in the U.S.

[ View article on AppleInsider ]

Thats Why i Sold mine in Jan
post #15 of 31
Quote:
Originally Posted by Nairb View Post

I am trading my iPad now because new Asus Transformer Pad Infinity has been anounced. Can't wait to get my hands on this little beauty.

I bet a lot of people who settled for an iPad while waiting for an Ice Cream Sandwich tablet are now trading in their iPads.

It looks sweet!

http://eee.asus.com/eeepad/transform...nity/features/
post #16 of 31
Checking the price of s/h iPad 1s and you soon discover that they are still more expensive than new Playbooks/Amazon Fires/Touchpads/etc!
post #17 of 31
Sold my iPad2 (wifi only 16gig) for $275 to www.sellyouroldipad.com

Free UPS shipping and a check in 7 days. It's about 10 months old so I figure I "rented" it for about $20/mo.

Did the same with iphone 4, got a 4s switched to Sprint and told ATT to "stick it up their nose!" Sprint took the trade-in for $180. 4s definately feels "snappier!" Haven't tried camera or Siri yet. For $40 out-of-pocket, pretty good deal.

Next purchase will be the updated 11" MBA.

After that, holding out for AppleTV. May or may not get iPad3. Going to really go "minimlist" on my tech stuff. Only buying stuff if Apple makes it!
post #18 of 31
Quote:
Originally Posted by nagromme View Post

I don’t know how the iPad can possibly survive in the face of bargain-priced tablets like Kindle, PlayBook, and... used iPads!

There’s the REAL deal for a tablet-shopper on a tight budget: wait for late winter and grab a 1-or-2-year old iPad model. (Even an iPad 1 is a great machine still for most purposes.)

I think that the iPad has more definite competition now. It will be interesting to see if Apple keeps the iPad 2 around for $299 (or less) as has been rumored. Based on Apple's past, I find it VERY likely Apple will do this. They usually respond to possible competition before it becomes an issue, which is what keeps them on top.

That said, even if they don't, I think the idea that "iPad can't survive" is laughable. It has outsold everything by RIDICULOUS margins so far. Worse case scenario Apple would see a dent in iPad 3 sales due to bargain tablets available now. But if they have a $299 iPad, that would probably all but negate those lost sales.
post #19 of 31
Quote:
Originally Posted by rednival View Post

I think that the iPad has more definite competition now. It will be interesting to see if Apple keeps the iPad 2 around for $299 (or less) as has been rumored. Based on Apple's past, I find it VERY likely Apple will do this. They usually respond to possible competition before it becomes an issue, which is what keeps them on top.

That said, even if they don't, I think the idea that "iPad can't survive" is laughable. It has outsold everything by RIDICULOUS margins so far. Worse case scenario Apple would see a dent in iPad 3 sales due to bargain tablets available now. But if they have a $299 iPad, that would probably all but negate those lost sales.

I can't see any way that Apple will make the iPad 2 $299. That's just the people who want to drive down Apple's share price making wild predictions so that when Apple fails to meet them, the stock drops.

A far more likely scenario is like the iPhone - which would suggest that the iPad 2 would stay around at $399 - with only one configuration (or maybe two to allow for WiFi and 3G models).
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Gatorguy 5/31/13
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post #20 of 31
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Originally Posted by jragosta View Post


A far more likely scenario is like the iPhone - which would suggest that the iPad 2 would stay around at $399 - with only one configuration (or maybe two to allow for WiFi and 3G models).

It's not anywhere close to the iPhone scenario. iPhone, the difference is between $200 and $100 (people just don't include contract in their calculation), while for iPad3, a $499 iPad with retina display and other improvements vs a $399 iPad2, only the brain-dead would get the iPad2.

I say the highest they can charge iPad2 will be $349, but only $299 or lower would be a hit.
post #21 of 31
Quote:
Originally Posted by drobforever View Post

It's not anywhere close to the iPhone scenario. iPhone, the difference is between $200 and $100 (people just don't include contract in their calculation), while for iPad3, a $499 iPad with retina display and other improvements vs a $399 iPad2, only the brain-dead would get the iPad2.

I say the highest they can charge iPad2 will be $349, but only $299 or lower would be a hit.

You're absolutely wrong. The iPhone 4 and 4S are also available on Apple's web site without a subsidy. The iPhone 4 is $549 and the iPhone 4S is $649 (and up). So if iPhone 4 is $549 and iPhone 4S is $649, how is that different from iPad 2 at $399 and iPad 3 at $499 (or maybe more)?

There's no way Apple is going to drop the price of the iPad 2 to $299.
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post #22 of 31
Quote:
Originally Posted by ascii View Post

I'm keeping my iPad 1. Historically interesting as the first really successful tablet in computer history. But definitely getting a 3 too!

Me too. I brought an iPad1 64 GB 3G, and i've kept it. I brought an iPad2 when they came out, I sold it 2 weeks ago, all ready for iPad3.
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post #23 of 31
Quote:
Originally Posted by nagromme View Post

I dont know how the iPad can possibly survive in the face of bargain-priced tablets like Kindle, PlayBook, and... used iPads!

Theres the REAL deal for a tablet-shopper on a tight budget: wait for late winter and grab a 1-or-2-year old iPad model. (Even an iPad 1 is a great machine still for most purposes.)

Yawn. For how many year do we need to listen to people who fail to observe and process history? Yet are quite adept at describing the future.
post #24 of 31
Quote:
Originally Posted by Scruffy View Post

Cannot wait to get a new one with that razor sharp screen.

Still shiny by the looks of it though. Nokia have some polarisation tech that at least helps in daylight even though reflections are still visible:

http://www.engadget.com/2012/02/06/n...display-works/
http://www.youtube.com/watch?v=yB5cNByXGVs
post #25 of 31
Quote:
Originally Posted by jragosta View Post

I can't see any way that Apple will make the iPad 2 $299. That's just the people who want to drive down Apple's share price making wild predictions so that when Apple fails to meet them, the stock drops.

A far more likely scenario is like the iPhone - which would suggest that the iPad 2 would stay around at $399 - with only one configuration (or maybe two to allow for WiFi and 3G models).

I think lower priced iPad2 is likely as they have used that strategy with the iPhones with some success. We can speculate all day on what the price would be. Only the lack of an entry level iPad AT ALL would cause major criticism. I doubt it would hurt their stock price though. The final asking price of the entry-level model is probably less relevant as long as Apple shows willingness to offer an entry price under $500.

Apple has survived for years as a "premium" product and will continue to do so. But I think that in the case of iOS devices, neither Apple or their shareholders want to lose market dominance. Now, don't attack me. They have to loose a LOT of ground before that happens so I do not think it is a pressing issue in the short-term. I do think failing to introduce a $349-399 iPad model though COULD lessen the gap between Apple and Amazon. Still, Apple has plenty of time to react. I just think the whole tablet market is way more interesting then it was a year ago.

And for the record, if you are on AppleInsider and commenting on articles, I can guarantee a $399 iPad would not be targeted at you.
post #26 of 31
Quote:
Originally Posted by nagromme View Post

I dont know how the iPad can possibly survive in the face of bargain-priced tablets like Kindle, PlayBook, and... used iPads!

Theres the REAL deal for a tablet-shopper on a tight budget: wait for late winter and grab a 1-or-2-year old iPad model. (Even an iPad 1 is a great machine still for most purposes.)

You serious? The iPad is currently and for the foreseeable future the best tablet out there.

It lacks some things IMO that make it not appealing to me but for anyone looking for a tablet to suggest anything other than an iPad is damn near criminal.

While I do like the Android ICS tablets coming out the ecosystem is too subpar.

Windows 8 may be something to look at but right now it's still "Vapor"
post #27 of 31
Quote:
Originally Posted by Nairb View Post

I am trading my iPad now because new blah blah blah has been anounced. Can't wait to get my hands on blah blah blah.

I bet a lot of people who settled for an iPad while waiting for blah blah blah tablet are now trading in their iPads.

This is literally how my mind parses posts of this nature. I'd be interested to know if I'm the only one.
post #28 of 31
Quote:
Originally Posted by saarek View Post

Sold my 16gb iPad two weeks ago for £250. They're going for £180 now that there are so many on there so looks like I made the right move.

Damn I miss it, hope it's an early march launch. Oh well, one week until we know!

I have a buyer coming to purchase my 16 GB wifi model for £300 today.
post #29 of 31
Quote:
Originally Posted by Dunks View Post

I have a buyer coming to purchase my 16 GB wifi model for £300 today.

I got £301 for mine.
post #30 of 31
Quote:
Originally Posted by Stourque View Post

I got £301 for mine.

LOL. Actually my transaction was in another currency but well done.
post #31 of 31
Quote:
Originally Posted by Dunks View Post

I have a buyer coming to purchase my 16 GB wifi model for £300 today.

Yup. I sold my wifi 16 gig iPad 2 yesterday evening for $425. Thank you Craigslist! Anybody who is planning on selling an iPad in order to buy an iPad 3: the time to do it is right NOW. By Wednesday of next week, prices for used iPads will probably drop like a stone, especially if Apple starts selling a new iPad 2 for $399 or even $349. Already, Best Buy sells a new iPad 2 for $450 and Apple is selling iPad 2 refurbs for $419. Prices will come down next week in a big way. That's great for buyers but bad news for people selling used iPads.
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