man the value of ipad 1 is even more hosed now

Discussion in 'iPad' started by Acorn, Mar 15, 2012.

  1. Acorn macrumors 68020

    Acorn

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    #1
    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.
     
  2. TexasChemE macrumors 6502a

    TexasChemE

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    Oct 28, 2011
    #2
    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.
     
  3. iohass macrumors regular

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    Mar 11, 2012
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    Canada
    #3
    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?
     
  4. Acorn thread starter macrumors 68020

    Acorn

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    #4
    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?
     
  5. jmnikricket macrumors member

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    #5
    Wirelessly posted (Mozilla/5.0 (iPhone; CPU iPhone OS 5_1 like Mac OS X) AppleWebKit/534.46 (KHTML, like Gecko) Version/5.1 Mobile/9B179 Safari/7534.48.3)

    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 :-/
     
  6. vincenz macrumors 601

    vincenz

    Joined:
    Oct 20, 2008
    #6
    Might as well keep it for sentimental value or you can use it for less delicate tasks, like in the kitchen or garage.
     
  7. therationalist macrumors regular

    therationalist

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  8. Chupa Chupa macrumors G5

    Chupa Chupa

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    Jul 16, 2002
    #8
    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.
     
  9. Hammie macrumors 65816

    Hammie

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    Mar 17, 2009
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    Wash, DC Metro
    #9
    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?
     
  10. greytmom macrumors 68040

    greytmom

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    #10
    Wirelessly posted (Mozilla/5.0 (iPhone; CPU iPhone OS 5_1 like Mac OS X) AppleWebKit/534.46 (KHTML, like Gecko) Version/5.1 Mobile/9B179 Safari/7534.48.3)

    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?
     
  11. aypues macrumors regular

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    Feb 25, 2012
    Location:
    San Diego
    #11
    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)
     
  12. OSMac macrumors 65816

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    Jun 14, 2010
    #12
    Collector's item, rather keep a 1 with the original box etc., than a 2.

    Keep em :)
     
  13. GoCubsGo macrumors Nehalem

    GoCubsGo

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    Feb 19, 2005
    #13
    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.
     
  14. blueroom macrumors 603

    blueroom

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    Feb 15, 2009
    Location:
    Toronto, Canada
    #14
    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.
     
  15. kjenyg macrumors newbie

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    Nov 10, 2010
    #15
    Wirelessly posted (Mozilla/5.0 (iPhone; CPU iPhone OS 5_1 like Mac OS X) AppleWebKit/534.46 (KHTML, like Gecko) Version/5.1 Mobile/9B176 Safari/7534.48.3)

    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.
     
  16. Carouser macrumors 65816

    Joined:
    Feb 1, 2010
    #16
    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.
     
  17. Buildbright macrumors 6502a

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  18. monkeylui macrumors 6502

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    Oct 11, 2011
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    A Galaxy far, far away
    #18
    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.
     
  19. hoofbite macrumors member

    Joined:
    Mar 7, 2011
    #19
    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.
     
  20. DS3 macrumors 6502a

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    Mar 7, 2011
    #20
    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?
     
  21. Macman45 macrumors demi-god

    Macman45

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    Jul 29, 2011
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    Somewhere Back In The Long Ago
    #21
    I think if I still had mine, I'd keep it as a one day collectable....I gave it to a buddy, and it's still going strong. It's value was bound to drop...2 generations on now...I'd hold on to it.
     
  22. qtx43 macrumors 6502a

    Joined:
    Aug 4, 2007
    #22
    "The cynic knows the price of everything and the value of nothing."
    Oscar Wilde
     
  23. xkmxkmxlmx macrumors 6502a

    xkmxkmxlmx

    Joined:
    Apr 28, 2011
    #23
    Kinda defeats the purpose if they're not offering the new iPad for sale though. Especially if they don't at MSRP.
     
  24. -iKris- macrumors regular

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    Apr 11, 2010
    Location:
    England
    #24
    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!
     
  25. Surf Monkey macrumors 68030

    Surf Monkey

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    Oct 3, 2010
    Location:
    Portland, OR
    #25
    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.
     

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