May 20, 2011
Looking to make some cash on that old iPhone 3GS collecting dust in your desk? Amazon is now accepting iDevices for its Electronics Trade-In program, currently in beta. Surprisingly, the prices being offered look good! Launched earlier this year, Amazon’s program only recently began offering trade-ins on Apple products. Among the sample product offerings are an iPhone 3GS 32GB with a trade-in value of $242 “like new.” In “good” condition, the same item goes for $185. Want to sell an Verizon iPhone 4 32GB? Amazon is offering $398 for that model. Amazon, which is actually using a third-party to run its trade-in business, offers free shipment for all items. Once Amazon receives your item, a gift card in the amount of your sale is deposited into your Amazon.com account. All items must be in working order and arrive in good condition. Electronics trade-in programs are becoming quite popular in recent months. In addition to Amazon, Best Buy and Target are offering similar programs. Another popular option is Gazelle. With so many choices, our advice is to shop around and get the best price possible for your item. What do you think? Leave your comments below.