iPad trade-in volumes are skyrocketing ahead of October 22 event

[RaduTyrsina]

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You’ve probably heard about Gazelle, nation’s largest electronics buy-back service. According to its recent data, current iPad owners are flocking to Gazelle in order to sell their gadgets, getting ready for the iPad 5 release. Compared to the last week, there has been a whopping 321% increase in iPad trade-ins. The company shared on its website the following:

â€We can start by looking at what transpired one year ago around the event. When you compare this to the reactions from last year, Gazelle is seeing a year-over-year volume increase of 5x, as well as a higher percentage of newer generation iPads traded in. The shift towards newer models shows both 4th generation owners and iPad mini owners are ready for an upgrade. Take a look at the chart below to see just how the mix shifted right after the media event was leaked.â€

One of the reasons why Gazelle is so popular is perhaps the good prices they are offering consumers. For example, you will get for a 16-gigabyte Wi-Fi iPad mini around $175, which is about half the price the new model is expected to have - $329. One might obtain a better deal through such service as eBay but it would definitely take up much more time.

The amount of money you get obviously depends on the condition of your iPad, which can be “brokenâ€, “goodâ€, or “flawlessâ€. What about you, have you ever used a buy-back service?

Source: AppleInsider