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How to sell an iPad 2
- Thread starter spiderman0616
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If you are looking to sell your iPad 2, now is the time to do it. If you are looking to buy one, wait until either the iPad 3 release date is announced on March 7th, or even better yet, when the iPad 3 is released for purchase. After the 7th, I could start seeing the price drop starting. Unless of course the release date is pushed out much further than most are anticipating.
I have had my iPad2 64GB Verizon 3G Black listed on CL @ $700 since Sunday.
Have received two low ball offers one @ $450, the other @ $600.
It's a refurb from the Apple store but it is otherwise new still in its plastic.
Still have the box and accessories in good condition.
What do you guys think would be a fair price for it?
Kind of seems like the more high end the model is, the worse its resale value.
Some guy above said he sold his $500 iPad for $400.
That's a loss of $100.
If I have to take the low ball offer of $600, I would lose $230 from $830.
Kind of a bummer really...
Have received two low ball offers one @ $450, the other @ $600.
It's a refurb from the Apple store but it is otherwise new still in its plastic.
Still have the box and accessories in good condition.
What do you guys think would be a fair price for it?
Kind of seems like the more high end the model is, the worse its resale value.
Some guy above said he sold his $500 iPad for $400.
That's a loss of $100.
If I have to take the low ball offer of $600, I would lose $230 from $830.
Kind of a bummer really...
I think $650-675 is a fair price for 64g/3g. Make sure to point out the remaining warranty age if that's a benefit.
CL is the best place and meet with your buyer face to face to get cash. make sure to meet in a public place or inside the bank (my preference).
Dont take payment through paypal... there is a risk the buyer may dispute the transaction and you end up nothing... and nothing you can do
Dont take payment through paypal... there is a risk the buyer may dispute the transaction and you end up nothing... and nothing you can do
I plan to list my ipad 2 wifi+3g on CL first. I'll probably ask for something stupid like 600 with the smart cover and zum sc ultimate back case. I've found asking for a much higher price than you want will result in semi-reasonable offers most of the time.
Last summer i would have done ebay as well but I am more than fed up with them and especially in my area i can get a higher price on CL than i would on ebay.
Last summer i would have done ebay as well but I am more than fed up with them and especially in my area i can get a higher price on CL than i would on ebay.
Cash transaction through CL is the better way than ebay! there are scammers that takes your ipad and dispute your payments on ebay. ebay+paypal also charges the fees!
yea i got screwed selling my iphone 4 before 4S release in october. I explicitly stated all over the listing that the phone was jailbroken but not unlocked. Included ios version and baseband version. Guy gets it uses it for a few days then disputes saying the listing was wrong. On top of all the fee's ebay now holds your money for as long as they want to, they claim for the protection of the buyer but the only reason they are doing it is to collect interest.
I just sold my 32GB iPad 2 for $500... "losing" only $100. A big reason why I never buy 3G or 64GB models is because of future resale. (that and using off-device storage and networking) I know I'll buy the next new iPad every year and I know that the most easy to sell/highest resale ones are the bottom 16 & 32GB WiFi only. To have the best chance at lower-loss resales with Apple products, one needs to generally plan ahead and make some sacrifices (being without a product for a few weeks). My advice... sell as quickly as you can... time's ticking.
@niteriderxp: couple thoughts.
First look at ebay prices. There's over a dozen 64GB/Verizon/Black ipad2's Buy It Now for under $675 delivered. Why would I as a buyer want to pay more for yours?
As to "lost value" - you lost that value the day you bought it and it will never be worth more that what someone else is willing to pay for it, and right now that looks to be in the low to mid $600 range. That figure is also unlikely to go up; and probably will continue to drop. What you paid is irrelevant. Look up "Sunk Cost"
I'd recommend you research completed sales on eBay and calculate what your net would be at a similar sales price, then use that to evaluate CL offers. $600 in your pocket is probably not bad. Remember that many CL buyers aren't dumb; they know ebay takes fees, so they're likely to expect to pay less than ebay.
First look at ebay prices. There's over a dozen 64GB/Verizon/Black ipad2's Buy It Now for under $675 delivered. Why would I as a buyer want to pay more for yours?
As to "lost value" - you lost that value the day you bought it and it will never be worth more that what someone else is willing to pay for it, and right now that looks to be in the low to mid $600 range. That figure is also unlikely to go up; and probably will continue to drop. What you paid is irrelevant. Look up "Sunk Cost"
I'd recommend you research completed sales on eBay and calculate what your net would be at a similar sales price, then use that to evaluate CL offers. $600 in your pocket is probably not bad. Remember that many CL buyers aren't dumb; they know ebay takes fees, so they're likely to expect to pay less than ebay.
Dont forget that by selling every year you are essentially refreshing your warranty without having to buy AppleCare.
The resale market with Apple is very strong so I do this with many Apple products in order to avoid AppleCare and keep me with the newest gear. I sold both of our iPad 2's for $550/ea, my AppleTV2 for $96 (These are selling really high for some reason) and my Time Capsule 2TB should sell for $289 (They're due for an update and HDD prices have them very overvalued right now). So I'm ready for Apple season!
Very good point! I intentionally do not buy AppleCare because of my constant 1 year upgrades; however, I never thought of that in the cost savings game!
I never took this into account in the past--thanks for the tip! However, what about the phone? Being that it's more mobile than the rest of the items, the chances of it becoming damaged are higher, as i'm sure you're aware. The fact that I can get a replacement (if need be) for a fraction of the original cost is something that I REALLY appreciate and I too, upgrade yearly. What are your thoughts in regards to that?
$455 on eBay today for my 16GB WiFi. I'll try not to think about the eBay/Paypal fees.
I never really used it that much. Not sure I'll get the iPad 3. We'll see...
I never really used it that much. Not sure I'll get the iPad 3. We'll see...
Just sold my 16gb wifi for $440 (I'm in Canada). I did the same thing last year with my original iPad. So, here where I'm at financially with the iPad:
3 iPad purchases for $1740 taxes in (assuming same price for the iPad 3)
2 iPad sold for $880
For a net cost of $860, I've always had the newest iPad and always under warranty.
Now, if I would have skipped the iPad 2 upgrade, and would be doing the upgrade from the iPad to the iPad 3, the net cost would be the same:
2 iPad purchase for $1160
1 iPad sold for $300
Net cost: $860
Bottom line, I get the latest iPad always under warranty versus trading every second year and not under warranty for the second year!
3 iPad purchases for $1740 taxes in (assuming same price for the iPad 3)
2 iPad sold for $880
For a net cost of $860, I've always had the newest iPad and always under warranty.
Now, if I would have skipped the iPad 2 upgrade, and would be doing the upgrade from the iPad to the iPad 3, the net cost would be the same:
2 iPad purchase for $1160
1 iPad sold for $300
Net cost: $860
Bottom line, I get the latest iPad always under warranty versus trading every second year and not under warranty for the second year!
And don't forget. If you pay with a credit card most all of them provide a 2nd year warranty at no cost. My Amex card has paid for many warranty repairs over the years. Only hassle is you have to usually pay up front and they reimburse you. Still better then laying out another $80 or so.
Yeah, I buy all my tech with my Visa, it also provides 2nd year warranty coverage.
Kind of a great deal really, cause Applecare for my MBP 17" would cost $350.
I am a developer so I don't need their tech support.
Never had to invoke the coverage so not sure how simple it is to use.
Now beyond two years will have to think about whether I want to upgrade my MBP.