Resale Value?

Discussion in 'iPad' started by shakeman0, Apr 22, 2010.

  1. shakeman0 macrumors 6502a

    shakeman0

    Joined:
    Jul 20, 2009
    #1
    I have seen a lot of people on these forums say that they will sell their 1st gen iPad and upgrade to the 2nd gen iPad in a year or so when Apple updates. What do you think the resale value will be?
     
  2. djearlybird macrumors regular

    Joined:
    Jul 3, 2007
    #2
    depends where and when you plan on selling..... :(
     
  3. WLS macrumors 65816

    Joined:
    Jul 10, 2008
    #3
    Hard to say but right now they are pretty good.
    If that scratches on the screen coating issue remains you better have a screen protector on it from the getgo. Better expect to get half what you payed now.
     
  4. Bigrahizzle macrumors regular

    Bigrahizzle

    Joined:
    Apr 18, 2010
    #4
    well i know ill make $200-$300 profit off the wifi-3G model in Pakistan. I talked to my cousin there and thats what he told me so i might buy a couple and sell them there.
     
  5. ScottNWDW macrumors 65816

    ScottNWDW

    Joined:
    Jul 10, 2008
    Location:
    Orlando, Florida
    #5
    Why can't anybody buy anything because it's something they want? If your only concern is the resale value, then the product is really something you don't want and maybe you shouldn't buy it.

    When I buy something, I'm not concerned what it's going to sell for a year or two down the line, in fact at the time of purchase, I'm not even planning on selling it. When it comes time to replace it and I think someone will buy it I might put it up for sale, or I just might give it away.
     
  6. h3nG macrumors member

    Joined:
    Apr 15, 2010
    #6
    Hope to get between 350-400 for a mint iPad...of course after fees it'll be less. Sad that i am already looking forward to it so badly...dual core...maybe 1gb...how about oled? One can dream...
     
  7. jalpert macrumors 6502

    Joined:
    Jan 30, 2008
    #7
    I'm glad you have that luxury, think about the people who don't before you run on next time.

    In terms of resale value, I expect first gen iPad users to take a pretty big hit. I think we'll see faster processors, more ram therefore apps will come out that won't run on gen 1. I think we'll see a front facing camera and god knows what else. I think us early adopters will take a pretty hefty hit.

    I don't think having a 3G model will fetch any more money, but I do think that in terms of resale it'll be much easier to sell with it.

     
  8. ScottFitz macrumors 6502a

    Joined:
    Nov 3, 2007
    #8
    There's a technology food chain at my house. I'll just give mine to my son in college. Unless I buy both my kids one for x-mas. That's a real possibility.
     
  9. Bigrahizzle macrumors regular

    Bigrahizzle

    Joined:
    Apr 18, 2010
    #9
    actually im not worry about the resale value, ill just hand it to my sister when im ready to get rid of it.
     
  10. JReynolds macrumors 6502

    Joined:
    Apr 16, 2009
    Location:
    Where the Air Force sends me
    #10
    I own the iPad because I want one and I fully intend on selling it as soon as I think I can deal without having one until the 2nd gen. So I'll sell around Xmas next year and wait it out. It's patience and thinking about my financial future that makes me think about resale before i even swipe my debit card. Smart shopping in my opinion...

    Sent from my iPad
     
  11. MultiFinder17 macrumors 68000

    MultiFinder17

    Joined:
    Jan 8, 2008
    Location:
    Tampa, Florida
    #11
    Resale value? I suppose that I'm one of the few people that still buys things with the intention of being happy with it for several years. By the time I consider selling mine, it'll probably be worth a couple dozen dollars at best, and that's how I'd want it. I paid good money for this thing, dagnabbit, and I'm gonna use it forever!
     
  12. 3goldens macrumors 68000

    3goldens

    Joined:
    Feb 26, 2008
    #12
    As with all apple product great re-sale value, certainly not like windows!:)
     
  13. Soulcrux macrumors 6502

    Soulcrux

    Joined:
    Nov 8, 2008
    #13

    Why can't people ****ing read posts?
    He said he was asking because he plans on selling it when he REPLACES it. I would probably do the same thing. Why would i want to have both?

    Don't act like such a jerk...He can do whatever he wants with something he bought himself. Why should he "think about people who don't"? Take your moral high horse somewhere else.

    Also- I doubt we'll take a big hit. Alot of the people interested in iPads are normal consumers who just want it for the "coolness" factor and so they can do stuff like- eBooks, internet, videos, some apps. i doubt too many consumers will care about the fast processor. In fact, I'm sure I'll be able to sell the iPad 3g+wifi 32 GB for 500 dollars at least . That's 30% less, yes, but still pretty good. Might even get 600, if it's in good condition. The fact that it costs the same that the wifi version cost except it'd have 3G would make it a pretty "good deal" in the eyes of someone a bit more illiterate.

    A bit unethical? Maybe. But that's business. *shrugs*
     
  14. Zepaw macrumors 65816

    Zepaw

    Joined:
    Apr 18, 2010
    Location:
    MN
    #14
    When 2G iPod Touch came out I sold my 1G at almost face value on CraigsList. :D
     
  15. greg555 macrumors 6502a

    Joined:
    Mar 24, 2005
    Location:
    Canada
    #15
    I would guess that they will drop the 16GB and make the 32GB the $499 entry level model. So you lose $100 from that plus probably another hundred for it being old.

    Now if Apple drops the entry level price due to competition (say 16GB at $299) then you will take a bigger hit.

    Greg
     
  16. ScottNWDW macrumors 65816

    ScottNWDW

    Joined:
    Jul 10, 2008
    Location:
    Orlando, Florida
    #16
    I'm with you there.
     
  17. ScottNWDW macrumors 65816

    ScottNWDW

    Joined:
    Jul 10, 2008
    Location:
    Orlando, Florida
    #17
    I have read the posts and I've also read many many many posts where the only concern seems to be the resale value of the iPad. I don't buy things with the idea of how much I can get for it when and if I decide to replace or get rid of it. When I buy something, regardless of what the item is, I buy it with the intention of being happy with it and using it for a long time.

    When it does come time to REPLACE or dispose of the item, it's usually just worth a few dollars at best. At that time I will pas it on to another family member that wants it or donate the items to the local school, or some other worthy charity that might be able to use it.

    In other words I am buying the item for ME, not with the idea of making a profit off it, or wondering how much money I can recoup in the future. If that was my main concern, then it's not something I need to own since the idea of getting rid of it is already there.

    When my iPhone 3G gets replaced this summer it will probably be given to a family member or donated to a worthy charity.
     
  18. jalpert macrumors 6502

    Joined:
    Jan 30, 2008
    #18
    Go back and re-read my post and check who I quoted. I was slamming the guy that went off on the OP, not the OP himself. Slamming someone for wondering about resale value on a forum in which most people like the latest and greatest is mind boggling. If you always upgrade to the latest version, why would you not sell the older version.

     
  19. chriszzz macrumors 6502

    Joined:
    Oct 29, 2008
    #19
    Not everyone is so well off as you apparently are where they can just give away 1 year old tech.
     
  20. roland.g macrumors 603

    roland.g

    Joined:
    Apr 11, 2005
    Location:
    One mile up and soaring
    #20
    If anything, it usually proves the case with Apple products to skip a generation. iPhone, skip 3G, go 3GS. Though I did it a bit different, iPhone, sell iPhone for 3G price, buy 3G at no loss, skip 3GS, plan to get 3GSX/4G/iPhone HD or whatever it is called this summer. Same with iPad. Get generation 1, skip next year, get a new one on the 3rd iteration, sell or give my son and/or wife the old one.
     
  21. kultschar macrumors 6502a

    Joined:
    Mar 26, 2010
    #21
    Always wise to sell before next gen but far too early for me to worry about it a few weeks after 1st gen launch!!
     
  22. Soulcrux macrumors 6502

    Soulcrux

    Joined:
    Nov 8, 2008
    #22
    Oh!
    Sorry

    The fact that you quote at the end of your posts threw my off
     
  23. ScottNWDW macrumors 65816

    ScottNWDW

    Joined:
    Jul 10, 2008
    Location:
    Orlando, Florida
    #23
    Never said I was well off, or that I would give away 1 year old tech. As it is I worked every single day for two months straight just to buy an iPad. When I buy something, I buy it for me and I buy it to keep. I don't make purchasing decisions with the idea of how much I can get for it down the road. Down the road, when it does come time to replace or get rid of something, I usuallly feel the item is worthless, since it is to me by that time. I don't feel right selling something to someone that is years behind what is available today.

    I don't know, maybe it's the generation I grew up in, you bought things because you wanted them, not because you wanted to be a consignment shop so you can sell it down the road.
     
  24. mac8867 macrumors 6502

    Joined:
    Apr 5, 2010
    Location:
    Saint Augustine, FL
    #24
    OK, speaking as a person who passed on the iPad, I would pay no more than $200 for the 32GB model used. I passed because, for me, the value of the device is minimal and at a $600 entry point, it just wasn't there for me.

    Now, at $200, I would definitely be in for the movie player, eBook reader - which is the value to me.
     
  25. icanhazipad? macrumors member

    Joined:
    Apr 24, 2010
    #25
    was it really necessary to type in "Sent from my iPad"? sorry, that kinda threw me off... we all know you have an iPad, what about the starving children?

    wait, what?

    and to the guy about selling to Pakistan, I wouldn't recommend that, Pakistani's get very upset if they even *think* they have been ripped off, trust me, my buddy sold his oakleys to a Pakistani for $15 more than they were new and the guy came back about 3 days later and was threatening to kill him... well hell, maybe it's a universal thing? How about you just let them buy it themselves and get ripped off by a large company or a corporation, so you don't die?

    I am really tired and ranting, on a 24 hour guard duty, sorry guys...
     

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