man the value of ipad 1 is even more hosed now

Acorn

macrumors 68020
Original poster
Jan 2, 2009
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ive had an ipad 1 for awhile now. its a 32 gb 3g. its always has fit my needs. i would have gained nothing by upgrading to an ipad 2. a couple weeks ago ipad 1 32gb with 3g was selling for 345 dollars buy now on ebay. usually. now its 275. even lower. honestly at 275 im thinking why even bother selling it. Never thought the ipad 1 price would get so hosed. anyway looks like i will be passing it on to a family member rather then selling because 275 bucks isnt even worth my time.
 

TexasChemE

macrumors 6502a
Oct 28, 2011
766
8
ive had an ipad 1 for awhile now. its a 32 gb 3g. its always has fit my needs. i would have gained nothing by upgrading to an ipad 2. a couple weeks ago ipad 1 32gb with 3g was selling for 345 dollars buy now on ebay. usually. now its 275. even lower. honestly at 275 im thinking why even bother selling it. Never thought the ipad 1 price would get so hosed. anyway looks like i will be passing it on to a family member rather then selling because 275 bucks isnt even worth my time.
I know, it's sad. I should have sold mine right before the announcement if I knew I was going to get the new iPad regardless. Right now, I've got my 16Gb WiFi+3G on for $250, and I highly doubt I will get that much for it.
 

iohass

macrumors regular
Mar 11, 2012
164
0
Canada
Did you start this thread because you thought that an electronic device with an annual upgrade cycle would go up in value two years after release or did you start it to tell everyone that $275 is not worth your time?
 

Acorn

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Original poster
Jan 2, 2009
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I know, it's sad. I should have sold mine right before the announcement if I knew I was going to get the new iPad regardless. Right now, I've got my 16Gb WiFi+3G on for $250, and I highly doubt I will get that much for it.
It would be really sad if you couldnt get 250. thats pretty much the cost of an nook tablet and your tablet blows away a nook. what do they want for one with no 3g. 100 bucks?
 

jmnikricket

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Jun 6, 2008
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I got a refurb iPad for $350 when the 2 came out. I'm surprised they were going so high on eBay in the first place; $275 seems very reasonable IMO.

Edit: It was a 16gb, but options to deflate disproportionately on resale. Slightly more sympathetic though :-/
 

vincenz

macrumors 601
Oct 20, 2008
4,249
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Might as well keep it for sentimental value or you can use it for less delicate tasks, like in the kitchen or garage.
 

Chupa Chupa

macrumors G5
Jul 16, 2002
14,830
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You aren't hosed. Stop being a drama queen.

1) The original iPad is still a good piece of hardware. It's not like it's obsolete or few apps will now work on it.

2) You made a conscious decision not to flip your original iPad when the 2 was announced. You could have gotten good money for it then and upgraded for $100-150.
 

Hammie

macrumors 65816
Mar 17, 2009
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I had already planned on giving my iPad 1 to a family member, but I would have sold it if that option was not available.

Not sure why you feel the way you do, but $250-275 is a great deal of money in this economy (I say that even with a very good paying job). Why would you not sell it instead of it collecting dust and depreciating even more?
 

greytmom

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Jun 23, 2010
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I'm selling mine for 250. It means my new iPad cost me $479 instead of $729. In what universe is that not good news?
 

aypues

macrumors regular
Feb 25, 2012
152
14
San Diego
I know, it's sad. I should have sold mine right before the announcement if I knew I was going to get the new iPad regardless. Right now, I've got my 16Gb WiFi+3G on for $250, and I highly doubt I will get that much for it.
Hey on Amazon they are giving $240 for a 1st gen 16gb wifi + 3G. It comes as amazon store credit, but I shop there for everything (Prime member)
 

OSMac

macrumors 65816
Jun 14, 2010
1,451
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Collector's item, rather keep a 1 with the original box etc., than a 2.

Keep em :)
 

GoCubsGo

macrumors Nehalem
Feb 19, 2005
35,743
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I don't why this is a shock. It's 2 year old tech and 1 vs 3 feels almost worlds apart in many respects.
 

blueroom

macrumors 603
Feb 15, 2009
6,374
25
Toronto, Canada
Considering the iPad 1 is two years old now, I'd say they held their used resale value quite well at $250 - $275

I'd say it's much more worrying to other tablet makers as even the old iPad 1 is still a better user experience than pretty much any competitors tablet plus it's only a few dollars more than the worst of them.
 

kjenyg

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Nov 10, 2010
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Acorn said:
ive had an ipad 1 for awhile now. its a 32 gb 3g. its always has fit my needs. i would have gained nothing by upgrading to an ipad 2. a couple weeks ago ipad 1 32gb with 3g was selling for 345 dollars buy now on ebay. usually. now its 275. even lower. honestly at 275 im thinking why even bother selling it. Never thought the ipad 1 price would get so hosed. anyway looks like i will be passing it on to a family member rather then selling because 275 bucks isnt even worth my time.
Im installing mine in my kitchen for watching news ect while cooking.

Im not upgrading though, my MBA is so portable I dont need an iPad.
 

Carouser

macrumors 65816
Feb 1, 2010
1,409
1
Your iPad 1 works just as good today as it did yesterday, so you're crying just because you can't sell it for as much as you could if everything were different.

If the time it takes to sell it isn't worth $275 to you then you shouldn't even be worried about the iPad 1 retaining value because at those rates you should be able to throw it away at full price without thinking twice about it.
 

monkeylui

macrumors 6502
Oct 11, 2011
403
0
A Galaxy far, far away
The iPad 1 I believe still has a lot of value. How? Donate it, whether to a family member or to a charity who could use a "PC". I donated my iPad 1 to my kids when I got the iPad 2. Donating my iPad 2 to my wife tomorrow, donating her iPad 1 to my dad. They still have a lot of life left in them. Put a smile on someone's face.
 

hoofbite

macrumors member
Mar 7, 2011
77
0
It's possible that in 5 years the iPad 1 may increase in value. Eventually it will become somewhat of a 'collector's item' and people will want to own the original device that revolutionized that tablet/postPC market.
 

DS3

macrumors 6502a
Mar 7, 2011
503
0
Its a 2 year old consumer electronics device for a product that gets yearly refreshes. Whats an Android Tablet from the same era worth, $150?
 

qtx43

macrumors 6502a
Aug 4, 2007
658
16
"The cynic knows the price of everything and the value of nothing."
Oscar Wilde
 

xkmxkmxlmx

macrumors 6502a
Apr 28, 2011
883
114
Hey on Amazon they are giving $240 for a 1st gen 16gb wifi + 3G. It comes as amazon store credit, but I shop there for everything (Prime member)
Kinda defeats the purpose if they're not offering the new iPad for sale though. Especially if they don't at MSRP.
 

-iKris-

macrumors regular
Apr 11, 2010
109
0
England
Actually, I'm amazed how how well the iOS devices hold their value.

A couple of days ago I sold my 32 GB (non 3G) iPad 1 for £200 (just over $300), and I was amazed with that. Not many gadgets are still worth more than half their original price 2 years later.

Paid for half my new iPad!
 

Surf Monkey

macrumors 68030
Oct 3, 2010
2,670
435
Portland, OR
If you buy these things thinking they'll hold their value you need to re-evaluate your thinking. The value is in the use you get out of them. If you're still using an iPad 1 at this point you've gotten more use (and thus more value) out of it than the vast majority of other iPad 1 owners. If you get ANY money for it at this point you're well ahead of the game.