Amazon.com offers CD trade-in program
CD hoarders, rejoice! There is a new home for your dusty collection.
Amazon.com has decided to allow customers to exchange old music CDs for store credit.
The Amazon Trade-in Program, which already features books, video games, movies and electronics is very easy to use. After making an account, you just select the category for your item, see how much money it will fetch, and decide whether you want to trade it in towards a gift card for the site.
Of course, the profit you get is only a small fraction of the purchase price (usually two to three dollars), but if you have a lot of unused titles at home, they can really add up quickly. Luckily, Amazon also covers the shipping costs on trade-in items.
According to PC Mag, Amazon has special specifications for trade-ins such as requiring the original cover art and only accepting discs that are in good condition. If you are an avid CD collector, this is not hard to do.
It may seem odd that Amazon wants CDs when so many people are buying MP3s these days. But business experts say that the company’s motivation is well founded. It comes from the fact that people who trade in items for gift cards usually spend 40% more than their value when redeeming them.