Would You Pay Now to Sell Old Gadgets Later?

Thu Jan 17, 2008 11:35PM EST

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How would you feel about paying to recycle your old gadgets? Or, really, to pay up front to have it bought back when you're ready to trade up to a newer laptop or MP3 player? Got that?

Companies are awakening to the growing number of unused gadgets and a growing unease among consumers about how they are being disposed of. They're betting you are so concerned you're willing to pay for some assurance that your laptop won't end up in a landfill.

The AP reports on two companies that are taking different approaches to the second lives of unwanted gadgets. TechForward is working with retailers to offer a buyback program for electronics. 

An example on the TechForward web site is an Apple MacBook Pro. Pay $60 when you buy one now, and you're guaranteed $610 if you turn it in two years from today. The amount drops with every six-month increment. That is, if "you return your device in on time and in good condition." So be sure what good condition means before signing up for something like this.

And it's good only up to two years from the date of purchase, so a plan like this is, as TechForward's CEO Jade Van Doren tells the AP, is a way to encourage "people to live that lifestyle of temporary ownership."

Meanwhile, NEW Corp, which runs extended warranty programs at Best Buy and Wal-Mart, is planning ecoNEW, a trade-in program that will give customers store credit when they turn in old gadgets.

Neither program will match the kind of prices you could probably get on eBay. But you'd be paying for convenience and, supposedly, the assurance it will be reused or recycled in an environmentally friendly way. 

Do either approaches appeal?

LINK: Companies launch gadget buyback services [AP] 

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  • 1 Posted by idristobi on Thu Sep 3, 2009 4:22PM EDT Report Abuse

    dear seller I am interested in paying for this item Brand New HP 530 Laptop and i shall be paying you through your preferred payment method Such As Transfer or PayPal,cos aim presently am in united kingdom. I am sending this item to my Reverend father who traveled to Nigeria for a crusade as a birthday gift.Deu to my work land i don't have much time to send that to him so i will be offering and extra £25.00 for the shipping cost Through DH L OR FED EX DELIVERY to Lagos Nigeria,and i will also like to know the present of the item, Doest it come with it Original Box and Charger please let me know as soon as possible and you can also send and attached pis of it to me in the nest mail. so i would like you to send me the Total cost Including the Shipping Cost and also the Extra £25.00 am adding because i want you to ship it to him in Nigeria immediately Payment as Been Done. please kindly get back to me with the total cost including the shipping cost so i can transfer the money into your account as soon as possible. Thanks Again..

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