NEW YORK (PIX11) — Music fans are shelling out serious money to get their hands on an iPod that’s collecting dust in most people’s homes.
Two months after Apple announce it would no longer make the iPod Classic, the model’s price skyrocketed on online retailers.
The iPod Classic has become one of the hottest Christmas presents this year.
The 160GB Classic, which can hold up to around 40,000 songs, has double the storage capacity of any iPod currently manufactured.
More than 3,000 have been sold on eBay since the Classic was discontinued in October, The Guardian reports.
The Classics were originally sold for around $250, but new and used ones are being auctioned off on eBay for double the price.
Distributors include pop words like “vintage” and “retro” in the item description to lure in nostalgia enthusiasts.
On Amazon, a company called Kailone Tech is selling new 160GBs for $492.88.
Apple CEO Tim Cook said at a press conference in October that they chose to discontinue the iPod Classic because they weren’t able to get the parts any more.