While retailers and wireless carriers have long offered trade-in programs for iPhones, and Apple has an existing recycling program to take your old wireless devices, iPods, and computers off your hands, but now the electronics company is reportedly set to launch an in-store trade-in program that pays customers cash for used Apple products. [More]
Trade-in programs that promise consumers a discount or cash for their old gadgets benefits everyone. The company–let’s say, for example–Sony–makes a sale. The old gadget gets a new life, or gets recycled. The customer gets a discount, and gets rid of their old device in a way that’s more convenient and safer than placing a Craigslist ad. In theory. That’s not working for Jeff, though. He sent in his old Vaio laptop to swap it for a gift card. He’d get double the listed trade-in value if he bought a new computer. Not bad. Assuming that they acknowledged receiving the computer, and that Sony determined the trade-in value to be more than $0.