Kelli Grant, Senior Consumer Reporter for SmartMoney.com, reported on CBS News some Buy-Back-Basics. As she mentioned in the news segment shown below, you can instantly trade-in your iPhone or other smartphone at Target and receive a Target Prepaid Card. The Card can be used to make any purchase in the store or at Target.com. Kelli also mentions the advantages of a buy-back program over pre-paying to guarantee a resell price programs just launched by Best Buy and Square Trade.
Kelli also mentions you can go online and get cash for your trade-in. She mentions NextWorth and a competitive site. Today you can receive up to $379 for a iPhone 4 16 GB versus up to $360 for the same phone on the competitive site. NextWorth provides leading prices for all electronic products.
Kelli also offers some good advice on how to always get top value for your smartphone.