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Amazon US offers gift cards, free shipment for your e-junk

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Amazon has launched an online junk shop which allows people to trade electronic goods in exchange for gift cards.

The Electronic Trade-In Store will accept old phones, MP3 players, cameras and DVDs and computer games. Textbooks are also acceptable for trading.

But the site warns that your item must exactly match descriptions on the site including the condition of any goods traded.

Shipping is free and Amazon will take multiple items per box – aggravation over packing and posting is a regular gripe from eBayers flogging lots of low value items.

Amazon UK was unaware of the US service and said it could not talk about future plans. We're guessing it might come to Europe if successful in the US.

Amazon's press release is here, or go and have a play on the site here. ®

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Overhead

Maybe because it is something called overhead. If Amazon paid you what they were selling for on eBay, how would they make any money off of it. If you want market price, sell it on the market. if you want to get rid of it by using a broker, then don't expect market prices.

The fail is all on you.

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Pawn stores

The same could be said for pawn stores. They give you a fraction of what it is worth as they need to make a profit. You pay for the convenience of selling it now with little to no hassle. Is it for everyone? No.

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