If you have a collection of old video games, iPods and other electronics that are collecting dust in your basement, you'll soon be able to take them to your local Target and trade them in for a Target gift card. The new Target Electronics Trade-In program has already launched in Northern California and will expand to 850 Target locations nationwide by the end of the year.
The program will purchase video games from current systems like the Wii, Xbox 360 and Sony PlayStation 3, as well as used electronics such as iPhones and iPods. The value paid for used games and gadgets will vary based on demand and condition, ranging from a few dollars to over $200.
Customers can trade in their old games and electronics at the new Target Mobile Store which will arrive in close to half of the company's stores by the end of 2010 and almost every location by the middle of 2011.
In addition to the in-store kiosks, shoppers can also trade in used electronics and DVDs online. Through a partnership with NextWorth and RadioShack, consumers can search for their item (on NextWorth's web site), answer a few questions about the item's condition and mail it in. After it's processed, shoppers will receive a gift card to be used at any Target location.
Shoppers won't be able to buy the used games or electronics from Target, but at least they'll have another option for quickly turning old games into store credit. While the price will likely be lower than if you sold it yourself on eBay, it is faster and more convenient.
"Target is not selling used games as part of the Target Electronics Trade-in program, guest's used items are either refurbished and resold to a secondary market or properly recycled," the company said.
Take the first steps to building your portfolio.View Course »