Now selling a malfunctioning product on eBay will have no negative effect on your Feedback score.
The newly launched eBay Instant Sale allows eBay members to get cash for their old electronics and offers free shipping and personal data destruction once the item is received. The collected electronics will either be refurbished or recycled, and any money received will be credited to PayPal accounts.
Values paid for electronics are dependent on factors such as how old the model is, inclusion of accessories and the current condition. The program is currently accepting laptops/tablets, cell phones/PDAs, digital cameras/camcorders, GPS systems and MP3 players.
Trade-in e-waste programs have gained popularity in recent years, with retailers including Office Depot, Radio Shack and Sam's Club offering similar services. For larger electronics that are difficult to ship, both Best Buy and Staples offer collection and recycling, although not for trade-in value.
eBay has been promoting electronics recycling for several years through its Rethink Initiative, a partnership between manufacturers, government and environmental organizations to educate consumers on how to dispose of obsolete electronics.
The company also recently developed a new type of shipping container called the eBay Box, which promotes reuse for multiple shipments by reducing the use of tape and using water-based ink.