Ikea’s furniture buy back scheme finally launches in stores today – how it works

IKEA'S new buy back scheme has finally launched in stores today - and shoppers can cash in up to £250 if they use it.

The scheme lets shoppers trade their unwanted Ikea furniture back to the Swedish retailer in exchange for gift cards and vouchers.

The second-hand furniture sold will then be made available for other customers to purchase.

Ikea said customers could get up to £250 for their old homeware.

It will buy back furniture for up to 50% of the original price tag - we explain more below.

The scheme was originally supposed to have launched last year across Ikea's shops in UK and Ireland on November 27.

But this date was pushed back due to the Covid crisis.

How does it work?

Products described “as new” and without scratches will be eligible for a voucher worth 50% of its original price.

This goes down to 40% for items that are “very good” - so minor scratches - or 30% for “well-used” goods with several scratches. 

The vouchers will have no expiry date to discourage shoppers from buying furniture that they don't really need.