iPad 2 Trade-In Value At eBay Falling Dramatically

EBay had been offering some pretty strong prices for “Instant Sale” trade-ins of the iPad 2.

Just last week we reported that they were paying as much as $500 for the 64 GB 3G AT&T version of the iPad 2. Their instant sale offer has now dropped by $50 and is $450.

The same iPad 2 model configured for Verizon had an instant sale value of $485 last week, but is now $440.

iPad-2The 16 GB Wi-Fi iPad 2 had an instant sale value of $320 last week. Now it’s just $130 – ouch! The 32 GB Wi-Fi version’s instant sale value was $375, and is now $145. The 64 GB Wi-Fi version’s instant sale value was $445, now it’s $165 – double and triple ouch!

EBay’s “Instant Sale” program is different than their online auctions. It’s a system in which users can go to eBay’s “Instant Sale” site and get a firm quote on the item they are trading in and then send it to eBay and be paid.

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Andria loves to shop and loves to save money when she's shopping! An avid couponer and bargain hunter, Andria regularly cuts her grocery bill in half through purposeful coupon management. She shares her love of shopping, fun, and entertainment, here at News For Shoppers.