Trading old electronics for cash just got easier, Target joins BrandsMart USA, Radio Shack and other retailers
But the real deal is for consumers, considering so many of us have old iPods, car radios, game consoles, camcorders, DVDs and Blu-ray discs gathering dust in a closet or garage. Here is a way to save space by converting those items into cash toward the purchase of a new device.
This week Target announced a version of the electronics trade-in programs that have been popular with major retailers for the past year, including BrandsMart USA, Best Buy, GameStop, Kmart, Office Depot, Target, Radio Shack, Sears and Wal-Mart. Check with your favorite retailer for similar programs.
Target's Electronics Trade-In service launched this week in Northern California stores and will be rolled-out to about 850 Target stores nationwide by the end of the year. The service is expected to be available in South Florida Target stores in by Spring 2011.
Many of the retailers willing to help you unload old electronics for store credit work with third-party partners specializing in paying consumers to turn in electronics they no longer need. The reward for the consumer typically comes in a gift card, and the prices paid for items in good condition is significant. Some retailers pay more than $100 for used iPhones, $80 for gaming consoles and maybe a few dollars for old DVDs. The reward for Mother Nature is that electronics collected by such programs are recycled, refurbished and/or resold, helping to keep the oft-lead tainted devices out of landfills.
Online retailers with electronics trade-in programs include Amazon.com and Gazelle.com.