Starting this week, Radio Shack will pay you to bring back your old, unwanted electronics to its stores.
The retailer has launched a new in-store trade-in program that it's describing as a way to instantly upgrade to the latest technology.
It works like this: Bring in working phones, cameras, MP3 players, game consoles, video games, or GPS receivers to a store and an employee will appraise the product's value and offer a Radio Shack gift card for that amount. The gift card can be used right away, but proper ID and a current address will be taken to ensure that the person trading in the items is the actual owner.
While stores will not take large items like high-definition televisions, monitors, and notebook PCs, RadioShack.com will.
A Radio Shack representative adds this tip: Bringing in chargers, manuals, and other accessories that originally came with the device being traded in can enhance the appraisal value.
The trade-in program is handled by a third-party company, CExchange, which says that the old electronics it takes are refurbished and resold. The refurbished items are not resold through Radio Shack, according to a representative for the retailer.
The in-store program is an extension of the online trade-in program that Radio Shack has offered since October 2008.