Time to spring clean: IKEA offer to buy back customers used furniture and appliances for the EXACT same price they paid for it – but the deal will only last two weeks
- Furniture giant IKEA will offer a double cashback in their buyback scheme
- Customers who recycle their furniture could receive the value of the item
- The Black Friday promotion will run between November 24 and December 3
- Shoppers will receive a voucher to spend in store with a three-year expiry
- Buyers can purchase returned items from As-Is section at a discounted price
Furniture giant IKEA are willing to pay customers exactly what they originally paid for their used furniture and electronics in a world-first recycling scheme.
The Swedish chain, which has 10 stores dotted around Australia, will launch the special double buyback deal as part of a Black Friday sale to run between November 24 and December 3.
All Australian IKEA stores, except in Victoria, will accept unwanted furniture and offer to give shoppers up to 100 per cent of what they paid for the item.
In 2019 the retailer started paying up to 50 per cent of the original furniture price but this is the first time IKEA has offered double for the returned item.
Ryan Burman, Commercial Activity Leader for IKEA Australia, said the deal would encourage shoppers to recycle in exchange for an IKEA voucher with a three-year expiry.
‘With this initiative, IKEA Australia is putting planet over profit by making climate change the biggest deal this Black Friday,’ he explained.
Swedish furniture giant IKEA (store pictured in Adelaide) will offer to pay customers double the usual Buy Back scheme rate for their used furniture as part of a Black Friday promotion
The Black Friday sale will run between November 24 and December 3 and encourage shoppers to recycle their IKEA furniture (pictured) in exchange for an IKEA voucher
Mr Burman said the buyback scheme was focused on becoming climate positive and reducing landfill.
‘The IKEA Australia Buy Back Service launched in October 2019 and has bought back over 10,000 items from consumers,’ he explained.
IKEA launched its Buy Back scheme across Australia after an 18-month trial at the store in Tempe, Sydney, and has diverted over 100 tonnes of furniture from landfill.
‘For Buy Back Friday in Australia, we wanted to launch an iconic action that shows our customers how we are tackling unsustainable consumption,’ Mr Burman said.
The used furniture can be returned to any store, as long as it’s fully assembled, unmodified and clean, in exchange for a voucher.
Only IKEA Family members will be eligible to receive the double rate but the loyalty program is free to join.
The used furniture from the scheme is resold to new homes through IKEA’s As-Is section at discounted prices.
Any items not able to be resold are recycled or donated to community projects.
The service is a key step in IKEA’s goal to become 100 per cent circular and climate positive in its operations by 2030.
Refund cards are only usable for three years and items are inspected in store before being accepted by IKEA.
IKEA’s terms and conditions for the scheme states: ‘The final offer price given by the IKEA co-worker is final and not open to negotiation.’
Customers can find the Buy Back value of their furniture on the IKEA website.
Shoppers can return old furniture that has been completely assembled – items such as tables and chairs – which can then be resold in IKEA’s second-hand section (IKEA store pictured)