May 27, 2014 at 7:53 AM
People Have a Hard Time Parting with Obsolete Gadgets
ABC News


(NEW YORK) -- If the hi-tech world has taught us anything, it's that the gadget you just bought often is practically obsolete by the time the packaging is removed.

What would people think if they knew you were still holding onto stuff that was really old, like a Sony Walkman or a 286 IBM computer?

Actually, many Americans do just that, according to a survey of 1,000 adults by used electronics marketplace

About 70 percent admit holding onto multiple devices that they haven't used in the past three months.

It's what uSell COO Nik Raman terms "gadget hoarding," which he says comes from either guilt about parting with what was once a valuable piece of electronics, or just feeling too lazy to list the stuff on eBay or Craigslist.

The problem with gadget hoarding, Raman says, is that people can probably get something back for their phone, tablet or MP3 player but the longer they wait, the more value the gadget loses.

Copyright 2014 ABC News Radio

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