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But the trade-in values vary.
Auto finance companies have lost money on leases as trade-in values have dropped because of the collapse in vehicle sales.
"Perception of a brand is really driven a lot by trade-in values," Mr. Banks, the guide analyst at the dealer's association, said.
Smartphones and tablets now account for up to 68 per cent of the traffic to the US video-game chain's website, where customers are frequently browsing products and looking up trade-in values for their old games.
Ford's chief sales analyst, George Pipas, attributed the drop to a planned reduction in sales of Taurus sedans to rental car companies, intended to help increase trade-in values for Tauruses as well as for new models coming in the next six months.
EBay announced that: Through Saturday, March 10, eBay Instant Sale is allowing customers to lock in top-dollar trade-in values for their current tablets (both working and not working) – including up to $475 for a working iPad 2 or up to $200 for an iPad 2 that doesn't even work.
Trade-in values appear to be relatively fair, especially for newer games.
All trade-in values assume the base engine option and trim level, automatic transmission, and 2WD unless otherwise stipulated.
It says that standard programs tend to offer 40 to 50percentt off the average market selling price, but eBay will provide up to 40% higher than trade-in values, on average.
Assuming it's real, though, it might make for a quick way to get the latest handsets before your two-year contract is up without having to dick around with Ebay – provided the trade-in values are fair.
Yes, you might be able to get better trade-in values elsewhere but these machines will likely appeal to a more impulsive crowd, and the proposed Wal-Mart credit would certainly be a plus.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com