Best Buy offers $200 for old iPads in trade-in deal

Have your eye on an iPad with Retina display? Best Buy offers customers who trade in a working iPad 2 or third-gen iPad a $200 gift card -- which can be applied toward an upgrade -- during a two-day promotion.

Apple's iPad.
Apple's iPad. Apple

Best Buy is promising customers a $200 trade-in value for older versions of Apple's iPad.

The promotion, which runs July 12 and 13, offers customers who trade in a working iPad 2 or third-generation iPad a minimum $200 gift card to the tech retailer. Customers also have the option of upgrading to an iPad with Retina display, which starts at $299.99 after applying the gift card. Best Buy currently sells the 16GB iPad with Retina display and Wi-Fi for $499.99.

Best Buy said customers could receive additional value depending on the model and condition of their tablets. The promotion is available at Best Buy and Best Buy Mobile stores that accept trade-ins.

In June, Best Buy ran promotions that offered customers a "free" iPhone 5 for trading in a working iPhone 4 or 4S. The retailer said it experienced the single biggest day for its trade-in business during that promotion.

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