Will you be able to trade in ipad2 for "new ipad"

Please Let me Now soon

Apple does not take trade-ins. In a few countries Apple does work with a company who will give you some return on an existing device; for the US, see:
http://www.apple.com/recycling/gift-card/
Similar programs are available in a few other countries. But you most probably can get more for your device if you sell it yourself.
Regards.

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