Amazon wants to buy your used gadgets
Found on CNet News on Wednesday, 18 May 2011
Amazon announced today it is expanding its trade-in program to allow customers to swap their used electronics for Amazon gift cards.
After Amazon receives and inspects the items, the gift cards are deposited in the customer's Amazon account, usually within 48 hours, Amazon said. Rejected items are returned to the customer within 14 days at no cost.
Sounds like a bit of a competition to eBay. It's still at an early stage, but many might prefer selling their stuff to Amazon instead of having to deal with buyers on eBay.