New iPad Launch Sparks 324% Uplift In March Tablet Trade-Ins

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SellMyMobile.com sees a surge in tablet trade-ins, as the nation scrambles to raise extra cash ahead of the hotly anticipated new iPad launch

•    SellMyMobile.com sees 324% increase in tablet recycling during March alone

  •     Bargain hunters can snap up to £315 when trading in an old iPad2, contributing towards the cost of a new 16GB WiFi at £399
  •     Brits can get an average of £95.57 extra when using a tablet trade-in price comparison site like SellMyMobile.com to get the best deal for an old iPad device

The hotly anticipated launch marked the peak of a tablet recycling scramble, as mobile device trade-in site SellMyMobile.com saw a 324% increase in consumers selling on their old tablets during March alone, in a bid to raise extra cash for the latest model.

The Apple iPad2 16GB + WiFi topped the list of most shifted model, fetching a re-sale price of £241. By trading in this device, bargain hunting Brits then just have to stump up just £158 for a new device, saving 60% off the £399 RRP for the same equivalent model (new iPad WiFi 16GB).

The most valuable iPad trade-in is the Apple iPad 2 64GB with WiFi + 3G, fetching up to £315. Consumers looking to trade in this device can then get a new iPad for just £84 (16GB WiFi model) or £344 for the top of the range £64GB WiFi and 4G model (£659 RRP).

Mobile phone trade-ins have increased in popularity over the past few years as consumers find ways to get cash for the latest model whilst not breaking lengthy contracts. SellMyMobile.com is now seeing this trend move to the tablet industry, with tablet re-sales at their highest ever in March 2012. The Apple iPad dominates the list of most recycled tablet device, followed by the BlackBerry PlayBook and Samsung Galaxy Tab models, accounting for 79%, 10% and 8% of re-sales respectively.

Keir McConomy, MD for SellMyMobile.com commented: “With so many new tablets coming on to the market, it can be frustrating when you fork out for a new device only for a better model to launch a few months later. That’s why we are seeing a new trend of tech-hungry consumers trading-in their old models and putting the money towards the latest device, which explains why there has been such as spike in iPad sales ahead of the new iPad launch.”

“The average value for trading in an old iPad is a staggering £219, but with so many gadget recycling sites out there, make sure you get the best deal for your tablet by using a price comparison site like SellMyMobile.com. Our data shows that consumers who don’t use a price comparison site can risk missing out on an average of £95.57 by not getting the best deal for their old iPad. Not only this, but our Best Price Guarantee means we will refund shoppers double the difference if they find a better deal anywhere else.”

To get the best price for your old tablet or mobile device, visit SellMyMobile.com.

Table – Top 10 most recycled tablets in the UK (Source: SellMyMobile.com, March 2012)
Position    Make    Model    Recycled Value
1    Apple    iPad 2 16GB WiFi    £241
2    Apple    iPad 16GB WiFi    £146
3    Apple    iPad 2 16GB WiFi + 3G    £251
4    Apple    iPad 2 32GB WiFi    £250
5    Apple    iPad 32GB WiFi    £145
6    Apple    iPad 16GB WiFi + 3G    £175
7    Apple    iPad 2 64GB WiFi    £293.50
8    Apple    iPad 2 32GB WiFi + 3G    £295
9    Apple    iPad 64GB WiFi    £170
10    BlackBerry    BlackBerry PlayBook 32GB    £96

Press contacts:
Jessica Prestidge
jessica.prestidge(at)diffusionpr(dot)com
0207 025 6832

About SellMyMobile.com:
SellMyMobile.com is the UK’s no. 1 mobile phone and tablet trade-in price comparison site. The site compares prices from all the top phone and tablet buyers in the UK to help users get the most money when selling their old mobile or tablet device. SellMyMobile.com offers its customers a Best Price Guarantee; should the customer discover a higher price anywhere else, SellMyMobile.com will refund double the difference.

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Jessy Prestidge
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