Apple recently launched new iPad Air 2 and iPad mini 3 models, both of which offer improvements over older iPads (substantial improvements in the case of the iPad Air 2; more minor ones in the iPad mini 3). With this in mind it might be a good idea to trade in your old iPad model and put the money towards a new one. But how can you get the best deal for your second-hand iPad? What is a fair price for a second-hand iPad, and where is the best place or online service to sell it?

This guide to selling an iPad second-hand is designed to help you get the most money for your current model of iPad. Follow these tips to make sure you get the best deal when trading in an old iPad model, and buying a new one.

See also: iPad mini 3 review | iPad Air 2 review | More iPad reviews

iPad selling tips: When should I sell my iPad?

The iPad Air 2 and iPad mini 3

Like all products the iPad is worth more the newer it is, and Apple products in particular are worth more if sold well in advance of a new product launch.

Online trade-in store NextWorth has noted a drop in the value of Apple products of up to a fifth immediately before the launch of a new model. "There is a predictable 15 to 20 percent value decline seen across all older iPhone models in the six-week period surrounding [a] new iPhone launch," says Jeff Trachsel, CMO of NextWorth. And the same situation applies directly to the iPad.

This means that the optimal time to sell an iPad is probably around a month or two before the new model launches - which of course means selling it before you know for sure how much of an improvement the next model will be. Once the device's successor has been unveiled, Apple fans will be less interested, and the price will drop.

We're pretty certain that Apple has released all of its iPad and iPhone models for 2014. Replacements aren't likely to appear until mid to late 2015 - September for the new iPhones and October for the iPads, if past years are anything to go by, although Apple could still surprise us all with an iPad Pro in the meantime.

This means there isn't any urgency to sell an iPad right now: the prices have just suffered their annual dip, and the new models are likely to hold fairly steady until next autumn. But if you're resolved to sell, it's still worth looking into doing the trade sooner rather than later.

See also: How to sell an old iPhone (and get the best price) and Complete guide to buying an older, second-hand or refurbished iPhone

iPad selling tips: How much is a second-hand iPad worth?

How much you get for a second-hand iPad depends on the model that you've got, and where you sell it. Typically you'll get more cash from a private sale than from a shop or services (as they need to include a mark-up when they sell it on). But it's less hassle to take it to somewhere like Computer Exchange or Cash Generators.

Indeed, you can buy and sell second-hand iPads right here on the Macworld UK website. With our partner Mresell we run a service via which you can sell your unwanted iPads, iPhones and Macs. Once a price is agreed mResel either picks up your iPad, or you can take it to a certified Apple reseller after which payment is made. Either way the iPad is then thoroughly checked, refurbished and reconditioned, and listed for sale on the Buy/Sell section of the Macworld website.

There are a few iPads on mResel currently, including a Refurbished iPad mini Wi-Fi+Cellular 16GB White for £199 and a iPad mini Wi-Fi+Cellular 16GB Grey Unopened box for £250.

For comparison, here are some guide prices courtesy of Apple's refurbishment store:

  • Refurbished iPad mini with Wi-Fi + Cellular 16GB - White & Silver £249
  • Refurbished iPad mini 2 Wi-Fi + Cellular 16GB - Silver £279
  • Refurbished iPad mini with Wi-Fi + Cellular 32GB - Black & Slate £289
  • Refurbished iPad with Retina display Wi-Fi + Cellular 16GB - Black (4th generation) £319
  • Refurbished iPad with Retina display Wi-Fi + Cellular 32GB - Black (4th generation) £359
  • Refurbished iPad Air Wi-Fi + Cellular 32GB - Space Grey £389
  • Refurbished iPad Air Wi-Fi + Cellular 64GB - Silver £419
  • Refurbished iPad mini 2 Wi-Fi + Cellular 128GB - Silver £429

iPad selling tips: Can I trade my iPad in with Apple?

Apple has a Reuse and Recycling programme that enables the owners of older iPhone models to exchange their device for a newer iPhone model at an Apple retail store, at a discounted price.

Typically you get less cash direct from Apple than from other exchange services. If you have an iPad Air 1 32GB (Wi-Fi + 4G) in perfect condition Apple will give you £200 for it. That's much less than what Apple will sell it for, and considerably less than CEX will give in exchange.

Still, it's better than nothing and might be worth looking into if you're keen to pick up a new model of iPad, and want to get a seamless trade-in experience (and stick to the Apple Store).

See more: Apple to launch iPhone trade-in program

We recommend checking what we have for sale in the Buy/Sell area of Macworld UK, not least because we know it is a risk-free way of buying second hand. We buy the device and check it, and then you buy from us, so there is no risk of getting stiffed by someone dodgy. Everything is thoroughly checked out with the iPad, Mac or iPhone, and if anything goes wrong mResel will rectify the issue. (It's also a great, simple way of selling your old Apple kit, by the way.)

iPad selling tips: Should I trade the iPad in and upgrade?

This depends on how much you want a new model, although we think the iPad Air 2 is a pretty special device. Its sleek nature, powerful processor and Touch ID integration make it the best iPad yet. The iPad Mini 3 is less of a convincing upgrade because it still contains the same processor as the iPad mini 2.

Read: How to get a cheap Mac

iPad selling tips: Where should I sell my iPad?

You'll get more selling it on eBay, Amazon or Gumtree: all of which offer a lively environment for second-hand devices. If you sell it via eBay and Amazon you'll also have to pay a service charge, so Gumtree is the way to go for a complete private sale. Here are some sites to check out before you start.

We'd obviously recommend mResell, a trade-in service that specialises in Apple products, of course, mResell is a partner of Macworld. 

iPad selling tips: How much does the iPad Air 2 and iPad mini 3 cost?

The iPad Air 2 currently starts at £399 for a 16GB WiFi model, £479 and £559 for 64GB and 128GB respectively. Each model also has a 4G&WiFi variant that is a £100 more.

The iPad mini 3 is £319, £399 and £479 (16, 64, and 128GB respectively) with an extra £100 for the Wi-Fi + Cellular version.

Read more:

10 best cases for iPad Air 2

iPad Pro release date, rumours, leaked images