Apple offering up to $320 for iPad 2 trade-ins
New iPad buyers looking to palm off their iPad 2 tablets have yet another option, courtesy of Apple.
The company will give you an Apple Store gift card worth up to $320 in exchange for your iPad 2. That price tag is only for the highest-end 64GB Wi-Fi + 3G edition and assumes the unit is in good condition. But Apple will still float you some type of reward for lower-end models, even ones not in the best of health.
Crunching the numbers at the company's reuse and recycling program found the following deals for iPad 2 units with no flaws:
- iPad 2 Wi-Fi (16GB) - $205
- iPad 2 Wi-Fi + 3G (16GB) - $250
- iPad 2 Wi-Fi (32GB) - $245
- iPad 2 Wi-Fi + 3G (32GB) - $280
- iPad 2 Wi-Fi (64GB) - $275
- iPad 2 Wi-Fi + 3G (64GB) - $320
Defective or even nonworking tablets can still win you a gift card. A cracked, water-damaged, nonfunctional 16GB Wi-Fi-only iPad 2 will net you $50, while a 64GB Wi-Fi + 3G model in the same condition will bring in $80.
Apple is one avenue for getting rid of your old iPad, especially one in poor condition. But you can typically score better trade-in deals at other sites, such as eBay or Gazelle.com, even for defective models.
Amazon also is offering its own trade-in program, though it won't accept tablets that aren't working.
Like in the past, trade-in values are likely to inch down once the new iPad finds its way into the hands of customers.