MarketWatch:

As soon as Apple unveiled the iPad mini Tuesday, the first thing many consumers did was sell their old iPads. Two major resale sites reported eye-popping surges in business in the run-up to the iPad Mini launch. Some 140,000 devices were put up for sale on Gazelle Tuesday – a 700% spike from the day before, says Anthony Scarsella, chief gadget officer at the site. While some people are trading in first and second generation iPads, both Nextworth and Gazelle say that nearly 70% of their resellers are dumping the iPad 3.

How about you? Are you dumping your iPad for a newer model any time soon?