If you're planning on buying a new iPad on Friday then you might want to spend a minute or two thinking about what you'll do with the old one.

Of course, you could just wipe the data and give it to a friend or family member as a gift, or even put it to a new use - perhaps as a chopping board.

However, we realise that money doesn't grow on trees and to buy a new iPad, you might have to raise some funds by selling on your old one.

If this is the case, then your first port of call should by Apple, or rather its recycling partner Dataserv. Apple and Dataserv have been operating a recycling scheme for old Apple products in the UK since January and will give you a quote for your old iPad in a matter of seconds.

You could get as much as £277 for your iPad 2 - if you have the 64GB model with Wi-Fi and 3G and it is in perfect nick.

If you have the original 16GB Wi-Fi only iPad and it's taken a bit of a battering, though, then DataServ may refuse to buy it back from you. You can find out just how much your iPad is worth by answering a few questions on the Apple website.

The Carphone Warehouse is also offering money for your old iPad. You can either go into a Carphone Warehouse store or go through a similar process to that offered by Apple and Dataserv on the company's website.

The price you'll get depends on the device being in good working order and undamaged, but for a 16GB Wi-Fi only original iPad you can get £135, whereas a 64GB iPad 2 with Wi-Fi and 3G is worth a whopping £355 - though still significantly less than what you'll have originally paid for it, it's only £44 short of what you'd pay for a 16GB Wi-Fi only third-generation iPad.

There are other services that'll give you cash for your old equipment, though you're unlikely to achieve the prices being offered by Dataserv and Carphone Warehouse. Of course, you could opt to go down the eBay route, but you'll have to take postage into account, as well as the seller's fee you'll have to pay eBay.