By Julie Watts

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 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 This material may not be published, broadcast, rewritten, or redistributed.)

  1. CherylD says:

    As far as saving/buying on eBay goes:

    If you send the seller a question about an item, find another of their listings, and send the question from that item page, rather than from the one that you actually want. This will add a little bit of work for the seller, if they want to add the question/answer to the item description page that you are actually interested in.

    If you see an item that you want listed in auction format, send the seller a message asking if they will accept $x to end the auction early and sell the item to you. May be telling them that they would not have to wait as long to get their money (they would probably know that, but it still might help). If that does not work, use a sniping service such as to bid for you. It’ll bid in the last few seconds, helping you to save money and avoid shill bidding.

    Use a site like to set up saved searches. You’d get an e-mail whenever a match is listed. Especially good for “Buy It Now”s priced right.

    If the item that you are looking for is difficult to spell, try a misspelling search site like to hopefully find some deals with items that have main keywords misspelled in the title. Other interested buyers might never see them. Then, if the item is listed an auction format, after a few days of no bids (hopefully anyway) send the seller and offer to end the auction early and sell the item to you. They may worry that no one is interested, and take whatever they can get.

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