iPodMeister will transmute your basement full of CDs into a new iPad

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Don’t have the scratch to pick yourself up an iPad when it is released next week? Well, as long as you've got six hundred CDs lying around, we've got good news for you: thanks to a little company called iPodMeister, you can trade in your old, unwanted CDs and DVDs for pristine Apple swag.

It’s not a scam. iPodMeister was founded by a group of musicians and students who realized that they could make a lot more selling used CDs abroad than locally. They have pretty strict rules about what CDs or DVDs are eligible, but if it’s in its original casing with the original inset and as long as it isn’t a bootleg, they’ll probably accept your disc.

So how many CDs or DVDs will an iPad cost you? A 16GB iPad WiFi will cost you 600 CDs or DVDs, with the 32GB costing 700 and the 64GB costing 800GB. On the other hand, if you want an iPad 3G, you’ll need to drop 950 CDs or DVDs for the 16GB, with the 32GB costing 1050 and the 64GB costing 1150.

It’s not exactly a great trade if you’d be willing to try to sell your CDs or DVDs yourself, but if you’ve already digitized the vast majority of your music collection, this is a pretty good deal. And heck, if you haven’t digitized your old CDs, but still want in, iPodMeister will even rip them for you for the cost of another 100 to 250 trade-in CDs.

[via New York Times]

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