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A Look At The Resale Value Of The iPad Over A Year

by Sean P. Aune | April 3, 2010April 3, 2010 4:49 pm PDT

So you got that shiny new iPad, and you’re going to love it, and hug it, and squeeze it and you will name it George.  It will be your favorite gadget, and you can’t imagine ever loving a gadget more than you love your iPad right this very minute!

… until Steve Jobs walks out on stage in a year and introduces the second generation with features you just have to have.

recycle sitesLets face it, the first generation iPhone was lacking 3G, and people complained, but they bought the first iPhone any way, and a year later they were all trying to figure out how to afford an iPhone 3G.  Folks who bought a first generation iPod Touch didn’t have it quite as bad, but the second generation player did have an external speaker and volume controls.  While not must have items, it still would have been nice to have them.

So, what do you do?  Well, luckily there are sites like YouRenew, BuyMyTronics and MyBoneYard that will purchase your used electronics from you.  A number of factors will play into how much they will pay you for your device (physical condition, including chargers and instruction books, does it turn on and so on), so the better care you take of it, the better off you will be when it comes time to sell it.

As time goes on, and you get closer to the release of the next version, the more the price you can expect will drop.  Currently an iPhone 3G S 16GB in perfect condition is going for between $229 and $335 depending on the site you check.  Considering the retail price of the device without contract is $599, you can use this as a pretty good guide of what you could expect about nine months into the release cycle of the iPad.

The one thing that may change factors for the iPad, especially the Wi-Fi only versions, is that there is no contract to using it.  Turn it on, boom it works.  So you might have a better chance with them on eBay or Craig’s List is you aren’t happy with what these sites offer you.

All we can say is remember to keep your packaging, charger and so on, and keep everything in the best shape you can if you want to get as much as possible in a year or so.

Sean P. Aune

Sean P. Aune has been a professional technology blogger since July 2007, but his love of tech dates back to at least 1976 when his parents bought...