eBay

Last December the news was that the Kindle’s up for auction were selling like hot cakes, I thought now that the hype and buzz surrounding the Kindle has calmed down a bit, we should go back and see what the situation is over at eBay.

In December, the Kindle was selling for an average price of $864.04, that was more than double the retail price. Predictably, since then thing have changed and this week the Kindle is selling for an average price of $421.33. The most a Kindle was being auctioned for that I could find $600.00, contrast that with the $1500 just a couple of months ago and its seems like Kindle has truly lost x-factor, at least on eBay it has.

So if you don’t like your Kindle it seems as though you can still sell without losing any money. So when Amazon gets more Kindles back in stock, the auction prices should drop a bit more so those of you who don’t own one already might be able to pick up one at a bargain price. That’s assuming Amazon ever gets any back in stock because it seems like forever now that there hasn’t been any in stock, of-course we’ll let you know as soon as Amazon gets them back in stock.

After selling out in just 5.5 hours, prospective Kindle buyers are turning their attention to eBay where the price of an average Kindle is $864.04, that’s more then double the retail price of $399.00, one desperate bidder paid $1500 for theirs! Prices on eBay.com range from $600 to $1500.

Dont you wish you had ordered a couple of Kindles on launch day, you could have sold one of them on eBay which would have easily paid for the other one. With the remaining cash you could have downloaded a couple of titles from the Amazon store as-well.

Aside from limited availability, buyers from outside the United States are likely driving the Kindle’s price up, as they are not able to buy it directly from Amazon. However, prices will surely fall once more Kindle owners try to make a quick buck selling their device, just as many did with the Apple iPhone over the summer.

You can keep up to date with the latest Kindle auctions by heading over to Terapeak