iPhone 5 rumors spark 70% jump in eBay Instant Sale smartphone trade-in offers

The rumor mill is churning with iPhone 5 rumors and that’s firing up eBay Instant Sales. The site is experiencing a 70% surge in trade-in offers for smartphones.
eBay’s instant electronics trade-in program – which offers cash for gadgets – saw the number of trade-in offers generated by customers increase by 70% in the three day span between July 30, when rumors of a September 12th iPhone event began to surface, and August 1 (compared to the number of trade-in offers generated over the same three day period the week before).

Other trade-in activity highlights from eBay Instant Sale:

• As of 10 a.m. PT this morning, eBay Instant Sale’s trade-in offer for an AT&T iPhone 4S 64GB in working condition was $381.98.

• Nearly 100,000 smartphone trade-in offers have been generated by customers using eBay Instant Sale since July 30.

• Top Apple iPhone models generating trade-in offers via eBay Instant Sale are:
1. iPhone 4S 16GB
2. iPhone 4 8GB
3. iPhone 4S 32GB
4. iPhone 3GS 8GB
5. iPhone 4 16GB

eBay Instant Sale (ebay.com/instantsale) offers cash for gadgets through a quick, simple three step process. Trade-in values for old gadgets are competitive, shipping is free and money goes directly into your PayPal account. Instant Sale is different than traditional selling on eBay – you don’t go through the item listing process, you simply select your item and condition, view your offer, print out your free shipping label and send in the old device for cash.

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