ConsumerWatch: eBay Offering Trade-In Deal On iPad 2

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A view of the back of an Apple ipad tablet.  (Photo Illustration by Peter Macdiarmid/Getty Images)

A view of the back of an Apple ipad tablet. (Photo Illustration by Peter Macdiarmid/Getty Images)

Julie-Watts_BIO-HEAD Julie Watts
The recipient of the Emmy and AP Awards for Best Reporter, Julie’s...
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SAN JOSE (CBS 5) – The new iPad was announced earlier this week. If you weren’t thinking of trading up, you might want to reconsider.

eBay is offering to buy used iPad 2’s for close to their original costs. But the deal is good only until this Saturday, March 10th.

eBay will buy back your iPad 2 for up to $475.00 compared to popular trade in websites like gazell.com which is offering $340.00.

The reason eBay is offering so much is not only because Ipad 2’s are re-selling for over $700.00 on the site.

“The iPad 2 is an amazing device. It’s really only been out for 1 year and now there’s a new iPad. So there’s still a lot of life left in an iPad and we want to get it recirculated into the eBay market place so that other users have an opportunity to get an ipad 2 at a great price” says eBay’s Susan Schultz.

Follow this link to eBay’s promotional offer

(Copyright 2012 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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