After the Cupertino tech giant announced the new iPad fourth generation and the smaller iPad mini, the trade in of older tablets in favor of these new tablets has increased. There were always tablet trade ins, and the Apple iPad has been the most traded in tablet for recycling, but due to the launch of the new iPad and the Pad mini, BlackBerry and Android tablets have started going onto the shelves again. And the data from SellCell.com give some really nice information.
The website lists the top 10 most recycled tablets in the US. According to this data, the Apple iPad is the most recycled tablet in the US which trades in for $145 at the highest. During the last week, when the trade ins have increased by a remarkable 500 per cent, 76 per cent of the traded in tablets have been the iPads. 10 per cent of the traded in tablets were the BlackBerry PlayBooks, and the Samsung Galaxy Tab constituted the other 7 per cent.
The press release from the web site also says that due to the launch of a lot of tablets lately, namely the two new iPad, a line up of Windows 8 and Windows RT tablets, and the new Nexus 10 and improved Nexus 7 tablets, the trade in value for used tablets in depreciating. The press release says that there was “a 25-30 percent overall value drop for used iPads in under two weeks.”
The press release provides another tablet which lists of the most profitable trade ins for customers, and according to this table, the Asus PadFone 16 GB would be the most profitable trade in as it can fetch you a max of $414, when it still retails for $610, which is the best offer you can ever get. The Motorola DROID XYBOARD and the Samsung Galaxy series of tablets are also present on the list. So, did you trade in your old tablet for a new one? If so, how much did you get for it?
New Apple, Microsoft and Google Tablets Spark Trade-In Frenzy
SellCell.com Global iPad Trade-Ins Soar 500 Percent as Consumers Cash-In On Old Tablets Following New Product Launches
NEW YORK, Nov. 2, 2012 – SellCell.com today released new statistics indicating an unprecedented level of tablet trade-ins as consumers part ways with old devices following major product launches from Apple, Microsoft and Google. Over the past week, global data from SellCell.com* shows:
- iPad trade-ins have rocketed up 500 percent just a week after Apple announced the launch of the new iPad and iPad mini, making October a record breaking month for the tablet recycling price comparison service;
- Apple iPad is the most traded-in device (76 percent), followed by the BlackBerry PlayBook (10 percent) and the Samsung Galaxy Tab (7 percent); and
- Consumers looking to trade-in their old device for a new tablet should cash in quickly. Major product launches this month led to a significant depreciation in value, with the iPad mini announcement causing a 25-30 percent overall value drop for used iPads in under two weeks. For example, the iPad 2 64 GB (WiFi + 3G) was listed on SellCell.com for $375 prior to the launch of the iPad mini, but two weeks after the launch announcement resale value had dropped to just $275
Colin White, MD for SellCell.com and SellMyMobile.com, commented: “Over the past few years, we’ve seen a steady increase in the number of people looking to recycle their old mobiles – particularly when a new handset is released. But whereas before people would hang on to their tablets longer, high profile launches like the Apple iPad, Google Nexus 10 and Microsoft Surface mean that we’re now seeing this trend move to the tablet industry.”