Target wants to buy your used video games, iPods and other electronics

If you have a collection of old video games, iPods and other electronics that are collecting dust in your basement, you'll soon be able to take them to your local Target and trade them in for a Target gift card. The new Target Electronics Trade-In program has already launched in Northern California and will expand to 850 Target locations nationwide by the end of the year.

The program will purchase video games from current systems like the Wii, Xbox 360 and Sony PlayStation 3, as well as used electronics such as iPhones and iPods. The value paid for used games and gadgets will vary based on demand and condition, ranging from a few dollars to over $200.