CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global e-commerce company specializing in computers and consumer electronics, today announced that its CPU Trade-In program is now live on Newegg.com. As the latest addition to the GPU Trade-In program launched last year, Newegg’s CPU Trade-In program enables customers to trade their used CPUs in exchange for credit toward an entirely new CPU from Newegg.
About the CPU Trade-In Program
A CPU, often referred to as the brain of a computer, enables PCs to process data and operations. When new units become available, users frequently opt to upgrade their system’s CPU with newer, faster models capable of accommodating increasingly sophisticated software and programs. Newegg’s trade-in program allows customers to trade in their existing aged CPUs for credit toward a new CPU.
The goal of the program is to help customers obtain current generation hardware for gaming, creating, or professional uses. Newegg’s Trade-In program is unique in that customers can see the trade-in offer upfront, purchase the new product, then subsequently send in their old hardware so they are never without a CPU or GPU in their desktop PC.
Newegg has already seen success with its similar GPU Trade-In Program, which launched in September 2023. To date, thousands of eligible pre-owned graphics cards have been traded in to be re-purposed for installation into other customers’ desktop PCs through the GPU Trade-In Program.
CPU Trade-In joins GPU Trade-In as an integral part of Newegg Refreshed, a refurbishment program that offers pre-owned products at competitive prices which not only generates customer satisfaction but also yields environmental benefits in re-purposing pre-owned hardware for reuse by other customers, thereby reducing electronic waste.
“Considering how crucial both the CPU and GPU are to desktop PCs, we think it’s a great initiative to offer customers the ability to trade in their existing components to get credit toward brand new products,” said Ken Tu, Senior Category Manager at Newegg. “We’ve built a process that allows customers to safely and seamlessly trade in their components for newer versions and are excited to expand it with desktop CPUs.”
CPU Trade-In Process
Customers who are interested in trading in their CPU can visit the CPU product page on Newegg to check eligibility and trade-in value. Once a trade-in application is submitted and approved, a free shipping label will be provided to ship the CPU to Newegg for evaluation. If the trade is accepted, the customer will receive a refund on their new CPU purchase. If the CPU trade is rejected, customers will get the CPU they sent back from Newegg free of charge. More details on the CPU Trade-In Program can be found here.
PC Trade-In Program with Intel
In addition to the new CPU Trade-In program, Newegg has also collaborated with Intel to allow customers to trade in qualifying PCs for a Newegg gift card valued up to $400 when purchasing a qualified new PC with an Intel processor from Newegg now through August 11, 2024. Eligible PCs for trade-in must be no older than 7 years from the original manufacture date and includes: desktops, laptops, 2-in-1 convertibles, detachables, MacBooks, iPads, and Chromebooks. The full PC trade-in criteria can be found here.
“New gaming PCs powered by Intel Core 14th Gen processors include a suite of advanced tools and technologies enabling experiences that gamers are looking for,” said Ozlem Coday, general manager of client channel, ecosystem and graphics at Intel. “We look forward to seeing gamers take advantage of this trade in offer.’’
About Newegg
Newegg Commerce, Inc. (NASDAQ: NEGG), founded in 2001 and based in the City of Industry, Calif., near Los Angeles, is a leading global online retailer for PC hardware, consumer electronics, gaming peripherals, home appliances, automotive and lifestyle technology. Newegg also serves businesses’ e-commerce needs with marketing, supply chain, and technical solutions in a single platform. For more information, please visit Newegg.com.
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