Potential New iPad Model Causes Surge in Trade-Ins

If you have an older iPad you're looking to get rid of, you'd better sell it soon! Tomorrow, Apple is hosting an event that will likely debut a new iPad, and that's causing the selling price of the old iPads to fall fast. Companies like Gazelle and Nextworth that buy electronic devices say they've seen a surge in sales that started when Apple announced the event last week. Last year, trade-in values for the iPad dropped four percent when Apple announced its latest generation iPad in October.