eBay Instant Sale trades tablets for cash in 60 seconds or less

More than 7.3 million trade-in offers for electronic products have been made to date

TORONTO, March 16, 2012 /CNW/ - Starting today, eBay is making Canadians a limited-time offer for their used tablets through eBay Instant Sale, an electronics trade-in program that makes it easy for consumers to get quick cash for their tablets or other electronic devices. Canadians who lock-in their Instant Sale trade-in offer in the next 10 days will receive 15 per cent more for their tablets, including up to $439for their iPad 2.

Launched in Canada in January 2012, eBay Instant Sale is an online tool that makes people a cash offer for their electronic devices in 60 seconds or less. In the U.S., eBay Instant Sale has generated more than 7.3 million trade-in offers for electronics, including 640,000 tablet offers, since 2010.

"Trading-in electronic devices makes sense, economically and environmentally," said Kevin Wolfley, Community Relations Manager and eBay Canada's Green Team Leader. "For example, by giving iPhones, iPads, and iPods a new life, Instant Sale users save approximately 1550 tons of C02 in a year - enough to offset the emissions generated by flying around the world 155 times."

Canadians looking to make the most of their tablets and get 15 per cent more on the trade-in value must secure their guaranteed eBay Instant Sale trade-in offer anytime between today and March 26 at 11:59 pm ET. Examples of trade-in offers for popular devices include values of up to:

"Trade-ins are an obvious step in the electronics lifecycle," adds Wolfley. "eBay Instant Sale gives Canadians a reason to trade-in before they trade-up, and we're hoping to see a record number of consumers take advantage of our Instant Sale promotion in the next 10 days."

Cashing in on unwanted electronic devices is easy:

1. Find the item by searching for the device in the Instant Sale database.
2. Get an offer based on the device and description, instantly.
3. Accept the offer and eBay Instant Sale will provide a free shipping label to ship the device.
4. Once the device is received and assessed, the money is deposited into the consumer's PayPal account.

To sell unwanted electronic devices instantly, consumers should visit https://instantsale.eBay.ca.

About eBay

Founded in 1995 in San Jose, Calif., eBay Inc. connects millions of buyers and sellers globally on a daily basis through eBay, the world's largest online marketplace, and PayPal, which enables individuals and businesses to securely, easily, and quickly send and receive online payments. We also reach millions through specialized marketplaces such as StubHub, the world's largest ticket marketplace, and eBay Classifieds sites, which together have a presence in more than 1,000 cities around the world. In Canada, eBay was visited by more than 7.5 million Canadians in January 2012 (comScore Media Metrix).