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I've got Sonys and Nooks and have given no thought to trading them in. First, I like them and see no reason to buy the newest generation when the older generation fulfills my needs. I just want to be able to read. It is not like ebooks have suddenly gotten new and desirable features that are only accessible on new-generation devices.
But if I were going to buy replacement devices, I would not trade-in my old devices. I would take them to my local library or to a shelter for abused people or some other appropriate charity and ask them if they would like the device to give to a client. It's not that I'm wealthy, it's that I can afford what some others cannot and so prefer to share a little.
That is what I do with my computers, which I replace every 18-24 months -- I take the old ones, which still work very well (no broken or dying parts) and offer them through local school contacts to a needy child/family. Because they are custom built, the guy who builds them for me would buy them back at pretty good prices because he can resell them, but I'd rather give them to someone who couldn't otherwise get one.
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