Best Buy Extends Free Buy Back Program on Smartphones

Best Buy announced this week that they are extending their Buy Back Program through February 26 on smartphone purchases at Best Buy and Best Buy Mobile standalone stores. As part of the special offer, Best Buy is also offering the Buy Back Program at no cost when purchasing tablets, (even the iPad) – but only at Best Buy Mobile standalone stores.

The Buy Back Program can be purchased by customers when buying a new product at Best Buy and redeemed at a later time for up to 50 percent of the original purchase price paid in the form of a Best Buy gift card, as long as the device is in good working condition and includes all original parts. For smartphone purchases, customers receive the percentage back of the original retail price, prior to any specific carrier-based rebates. So if a customer buys a Nexus S and decides to upgrade in five months, they would get up to half of the $530 original retail price, or up to $265 back, to use towards their next smartphone purchase. Not a bad deal!

"Best Buy has seen a great initial response to the Buy Back Program overall, and heard from nearly half of our customers that the main reason they replace their mobile phones or tablets in particular is to keep up with technology," said Shawn Score, president of Best Buy Mobile. “That's why we're providing the Buy Back Program free of charge on mobile phones and tablets now through Feb. 26, right on the heels of pre-sale and in-store availability of highly anticipated devices like the HTC Thunderbolt and iPhone 4 on Verizon Wireless."

To learn more about the Buy Back Program and find a Best Buy Mobile location near you, visit www.BestBuy.com or www.bestbuymobile.com.