We all have a few old electronics lying around that we never use anymore. It seems a waste to just throw them away, but it often takes effort to sell them. Now there is a new service called Gazelle that allows you to trade your old electronics for cash with the least amount of hassle.

Gazelle has a very simple to use website that allows you to search for the gadget you wish to get rid of. After you find your item you can input the condition it is in. For example, I typed in Palm Zire 71 and I was asked if the item powers on and what condition it is in. After that, Gazelle spits out an appraisal and allows me to add the item for checkout. It also has an estimate of how much the item may be worth in the future. For electronics the price trend tends to go down because people always want to buy the newest gadget. After I checked out, it prompted me to print out a prepaid shipping label and ship the item with a box. For some qualifying items Gazelle will even send you a box to ship the item.

After the item is received Gazelle will inspect the item and confirm that it is in the condition you described, then you will be paid the quoted price. This process takes about a week according to the website. The company also guarantees that if you ship in an electronic with data on it they would wipe it clean so you do not have to worry about your privacy. They will also take items with no value for the purpose of recycling.

Currently the company buys mostly electronics such as cell phones or gaming consoles, but they may expand the types of items they are willing to purchase in the future. It really seems like a love child between a pawn shop and Netflix, and I am sure it will help a lot of people get rid of their unwanted junk because it is so easy to use. Users of Gazelle will reduce the amount of junk that go to landfills and also reclaim a few bucks in the process so it really seems like a win win situation. So go ahead and try it out, because that pile of junk sitting in your garage may be worth some gas money.

Disclosure: This article contains referral links to Gazelle. Feel free to click here if you wish to visit Gazelle without a referral. This is a very new service so for the early adopters Gazelle has a referral program where you can get $10 for every $50 worth of items your referral sells. It is called "Gazelle & Tell" and any member can sign up for the program and start referring others.