trade-ins
Latest
Apple partners with PowerON to offer iPhone 4S trade-ins
Are you an iPhone 4S owner? Looking to swap up for the next new phone? Bryan Wolfe over at App Advice writes about Apple's iPhone trade-in options. Fulfilled through its PowerON partner ("Apple is not involved in the transaction between PowerON and the Reuse & Recycling service customers."), the Reuse and Recycling program offers up to $345 for top-of-the-line 4S's in perfect condition. The site quoted $280 for my middle-range, lightly-used 32 GB 4S, regardless of whether I ship back the power cord or not. That's an estimate, likely an upper bound, which allows PowerON to evaluate the unit upon receipt. You provide your contact details, agree to the terms and conditions, and affirm that the unit is not stolen. PowerON supplies you with prepaid options for packaging and shipping. After your unit is received and inspected, you'll receive an Apple gift card. Prices are, of course, subject to change as the demand for your unit changes over time. Wolfe points out that Gazelle, the iOS buyback powerhouse, is offering an iPhone price lock, good until October 1st. You can lock in today's price now, and keep your phone until the new one ships. They're offering $275 for the same 32 GB 4S unit as PowerON, i.e. almost identically valued. Whatever option you decide on, make sure to wipe your unit before shipping it. Use Settings > General > Reset > Erase All Content and Settings.
GameStop plans to sell Nexus 7, starts taking Android tablet trade-ins
Google's Andy Rubin suggested the Nexus 7 would reach third-party US stores eventually -- we just didn't think it would be this quickly. GameStop says it's taking pre-orders for the 16GB version of the Android 4.1 tablet starting today. At $249, it will cost exactly what it does in its currently exclusive Google Play home; in other words, one of the parties involved could be taking a voluntary hit on the already razor-thin profit margins. The 7-inch slate should be arriving roughly at the same mid-July timeframe as it is for those ordering straight from the Google source. It wouldn't be GameStop if there weren't trade-ins involved, and sure enough, the game retailer is using the Nexus 7 as the lure. Confirming an earlier leak, the chain is now accepting Android tablet trade-ins worth up to $200 in cash (or $250 in store credit) depending on how pristine the hardware is coming into the store. Play your cards right, and you're very nearly getting the Google-blessed tablet for free. As an extra incentive, any gear whose exchange goes directly towards buying the Nexus 7 will get a 30 percent boost in value. Knowing the buzz surrounding the price-to-performance ratio of the ASUS-made Nexus, we won't be surprised if GameStop suddenly faces a glut of older Android tablets in its backrooms.
GameStop iOS trade-ins a big success
GameStop recently started taking trade-ins on iOS hardware, and it turns out the decision was a great one for the company: President Tony Bartel said in a statement that the program "has exceeded our expectations," especially citing lots of post-holiday traffic, as people bring in their old iPhones and iPads to clear them out of the way for newer models received as presents. GameStop will reportedly pay out up to $300 for iPhones and $400 for iPads, but of course those prices are for the highest-end and latest models. Odds are that you'll get significantly less for an older model or one with no 3G or less RAM flash storage. But it is interesting to hear that GameStop is seeing lots and lots of devices come in. Unfortunately, they didn't share actual numbers, but I'd argue that there are plenty of other places to get rid of iPhones and iPads -- I've sold my old devices on Craigslist, and just over the Internet to friends and even family. Then again, maybe some people prefer just walking into a GameStop and walking out with store credit or cash. This may be a trend to watch in the new year -- as Apple releases more iterations of their various mobile devices, we'll undoubtedly see more markets like this pop up for older versions and used items.
EcoATM offers instant money for your old phone, we go hands-on at CTIA E&A 2011 (video)
Old-fashioned ATM meets modern-day phone recycling program. That's the idea behind EcoATM, a startup aimed to help reduce electronic waste and beef up your wallet at the same time. Of course, it's not a new concept: phone recycling programs have been around for a while now, helping you stay green by giving you some green. Trading in an old phone for the almighty dollar, however, typically involves filling out paperwork, printing labels, shipping the device to the facility and waiting for four weeks for a check. EcoATM's goal is to eliminate all of that in favor of a simple 5-minute process that ends with cash in-hand. The company has machines set up in popular shopping malls in various cities across the country, ready to help you part ways with your old device. Take a gander at a gallery and the full demonstration below. %Gallery-136313% Zachary Lutz contributed to this report.
T-Mobile trade-in program gives used phones new life, puts cash in your pocket
Those cellphone recycle bins are starting to feel pretty lonely, as trade-in programs become all the rage. We've seen Sprint, AT&T, and Verizon (among others) get into the mode of helping customers save money and clean up the environment by using this method, and now T-Mobile's hopping on the bandwagon as well. The carrier will rely on The Wireless Source, a third party that focuses on phone recycling and trade-in programs, to do the heavy lifting here. With the program becoming an incentive for customers to purchase new equipment, you'll be hard-pressed to find a store rep willing to initiate the process without setting up new service or upgrading your phone first. Makes sense, though -- after all, it's called a trade-in program for a reason, right? Once you've made the purchase, you'll get a pre-stamped bubble pack with shipping label attached; use this to ship the phone back, and presto, a check arrives in the mail for the agreed-upon value of the used device within a few weeks. If you're even remotely curious to see how much that ol' RAZR rotting in your basement is worth, give the source link a look.
Amazon adds electronics to trade-in program, pawns 2,550 gadgets and counting
If you've got some spare gadgets and need to make a quick buck gift card, there are any number of ways -- Walmart, Target, Best Buy and even eBay will instantly quote you a dollar figure these days. Now, Amazon is joining their ranks as the latest firm eager to stockpile still-somewhat-valuable tech, by adding electronics as the latest category for trade-ins. Pick from the 2,550 items currently recognized and describe the condition your camera / GPS / calculator is in, and Amazon will let you know how many dollars worth of credit it can give you alongside a prepaid shipping label. We can't tell if Amazon will give you better deals than the competition, but this beautiful brown Zune did fairly well. Never you mind that it typically sells for upwards of $40 at auction -- Amazon has mouths to feed, you know?
Best Buy and Target announce video game trade-in programs, clearly don't read webcomics
For some reason the used-video-games-as-controversy stars have aligned, and Best Buy and Target picked now of all times to announce new used game trade-in programs. Target is going to offer in store credit for all sorts of electronics trade-ins, including games and DVDs, with just a few stores for now, but expanding to 850 stores by the end of the year. Target isn't making any mention of reselling that stuff just yet, but Best Buy plans to start selling used games "soon," on top of the 600 stores it's launching it own trade-in program in this week. What's so special about all this? Well, THQ CEO Cory Ledesma just made headlines for a bit of a rant about the topic ("We hope people understand that when the game's bought used we get cheated"), and then Penny Arcade weighed in with a comic, as is their wont, which kicked off a bit of a gamer vs. publisher vs. retailer internet battle of the words. Which is our favorite kind. With online distribution, one time unlock codes, and DLC all warring to make used games obsolete, this debate might be moot in a few years time, but for now there's no shortage of opinions on the subject, and we'd love to hear yours in the comments!
Poll: Do you plan on participating in a DVD to Blu-ray trade-in?
First Warner, now Disney, we're wondering if any of you are actually interested in any of these DVD trade in programs? Besides the issues of availability & selection there's whether or not you get to keep your old discs, and the simple hassle of participating. Still, clearly the studios think there's a market for these programs to get people jumping into Blu-ray discs and players, so let us know, are you biting? %Poll-38287%
GameStop states its case for used games and trade-ins to developers
With developer ire growing over the re-sale of games -- from which they see no additional monies -- GameStop stated its case for the practice at Southern Methodist University's Game Business Law summit. The audience included attorneys ... along with developers and game company execs. As Gamasutra reports, GameStop's marketing chief, Mike Hogan, supported the practice with an analogy, saying, "If you couldn't sell your old car -- would the [automotive] industry sell more cars?" Hogan went on to state that most re-sold games have been out for more than 90 days, and that 75% of trade-in credit goes immediately towards the purchase of a new game. Hogan stated that 20% of the new copies of Call of Duty: World at War the company has sold were purchased in part with trade-in credit. Hogan admitted that "there are other perspectives, but ours is: trades and used fuel growth in the category." One thing's for certain: a game traded in for $12 and re-sold for $35 fuels growth in GameStop's wallet.
