60°
Submitted by yarbie1000 745d ago | video

How much Money are you losing by Trading In Games?

Trading In games certainly has its benefits. Convenience being near the top of that list. But have you ever stopped to consider just how much money your losing by going this route? (GameStop, Industry, PS3, Wii U, Xbox 360)

Credit url: battlestrats.com
Attached Video
MariaHelFutura  +   746d ago
It depends. I use gaming trading to save $$$. I get all my games new from Best Buy. They have a trade in 2 and get a new release for the first 3 days of it`s release. I buy 2 of the games the qualify off of the internet for $15 each and get every new game I want for $30. I would suggest you do the same.
Erudito87  +   745d ago
game in the uk give pennies for games that are not that old most people i know use ebay and get a fair amount back
BanBrother  +   745d ago
Remember, you bought the game for a reason.

So many times across the years I have sold my old games, only to yearn for them down the track.

I haven't sold any of my games in ages. Because I usually have to spend more to get them back.
banjadude  +   745d ago
So true... I've lost a lot of excellent condition (black labelled) PS1 titles. I feel like such an idiot ever time I think about it :/
#3.1 (Edited 745d ago ) | Agree(4) | Disagree(0) | Report | Reply
BanBrother  +   745d ago
I made sure to keep all the 'black label' Final Fantasies. Whenever someone asks to borrow them I tell them to P/O. I actually have the 'platinum labels' as back-up for 7,8 and 9.
Tetsujin  +   745d ago
Some games I've felt that strong about keeping; however there are times that I can sell certain games to make $ only to find them later at an even lower cost (Fear Effect being a good example - Sold it for $50+ back then and now I found it for $10).

Too bad I can't say there's a lot of "gems" I can keep past this console gen - yes I will keep some games but not many; now from older gens, there's a few I will kill to play at least one more time.
Godmars290  +   745d ago
How much enjoyment did you get out of the game? Was it a game worth keeping, playing again a few months or years later, or did you basically waste $60 on a single play-through?
SegaKnuckles86  +   745d ago
Sadly true for 90% of AAA blockbuster games nowadays.
yarbie1000  +   745d ago
If your asking the OP - I actually wasn't interested in getting rid of any of these games. I just was inquiring to prove a point
kma2k  +   745d ago
This is one of the reasons why i switched to gamefly. My deciding moment was about two years ago i had a garage sale & sold all my ps2 games for like $50 cash, it made me realise i would be doing this with my ps3 games in 10 years or so, so the next day i signed up for gamefly. In two years ive gotten 151 games from them which comes out to just shy of $7,000 worth of games.I love playing every game when it comes out :) currently ive got Hitman absolution & Far Cry 3 at home :)
SilentNegotiator  +   745d ago
Just sell off games faster. If you can't see yourself replaying them 10 years from now, why would you play through them again in 5? Good games are good games...get rid of the ones that won't last while they still mean anything to people willing to buy used for a good price.
kma2k  +   745d ago
true but the math i broke down is something like this 1 year of gamefly is $288 which is about 5 new games per year (launch price) for that same ammount of money i get to play between 50 & 70 games which is over 10 times the ammount of games for the same money.
ClaudiaBrowne22   745d ago | Spam
Cam977  +   745d ago
Too much! I no longer trade in games because I always find myself ping back to them sooner or later. That, and the value rises 10+ years after launch (considering they're a good game!). Furthermore, I buy games cheap - never full price anymore. Mafia: II blew it for me, I only buy "trusted" games on launch day.
#7 (Edited 745d ago ) | Agree(0) | Disagree(0) | Report | Reply
Moncole  +   745d ago
I never trade in games. You buy a game for 60$ and than sell it for 20$. If you are going to sell it you should rent the game instead. In the future you can bring out the old console and play the game.
#8 (Edited 745d ago ) | Agree(0) | Disagree(0) | Report | Reply
DivineAssault  +   745d ago
I only trade in games or systems that i dont use or plan on using.. Most of my games that i pay for brand new, stay in my collection for ever..
Dustiko  +   745d ago
Answer:

You lose nothing. You've already spent 60 dollars once you've bought the game. The "value" of all items depreciate over time. By selling something back to a store you actually gain back some of the money you've already spent. I'm so tired of this selling games back is a ripoff argument. You can't lose anymore than you have already spent, this video is completely illogical.
yarbie1000  +   745d ago
Unless your blind - the video showed that the value of the game was worth a lot more by using other services. To say the video is illogical makes you illogical
Dustiko  +   745d ago
What I mean is it's not possible to lose more than you have already spent. It doesn't matter how much more one place gives for sell back than another. No matter how you sell something back you gain back part of the initial investment. So the statement that you are losing money is not a true statement.
ziggurcat  +   745d ago
i really don't care as long as it gets me a free game or as close to free as possible.

and really, if you trade in games that are $8+ in trade-in value at EB/gamestop, you're going to get a little more than 3x that back to put towards any game.

so trading in (what is really) $24 worth of games to get a free game plus money in your pocket is a pretty good deal, imo, and i really don't get why people cry over not getting close to retail value.

i got my vita for free because i had traded in a bunch of games i know i wouldn't have played ever again as well as my old PSP, and i ended up with $6 in my pocket to boot.
crazysammy  +   745d ago
Just be smart. Obviously taking games to a store and selling will get you less. They are the middleman. You are essentially paying for the convenience of them handling cleaning, selling, etc. If you want to make more money then you deal with the people on eBay, or Amazon yourself.

You also deal with all of the risk. If you sell an item on Amazon the customer can swap for their already defective copy and make you return it. Its not frequent but it happens. With eBay you wait for your payment and buyers could just forget to pay or decide not to pay at all.

I agree you can get way more if you do the leg work. However to some people time is money, and if it is easy and convenient to sell to a retailer for less it is worth it to them.
josephayal  +   744d ago
I get 10% off on purchases and 10% extra on trade-ins, gamestop are amazing with helping me save money
MrWonderful  +   744d ago
Gamestop sucks. I was gonna trade in my 3g vita towards the assassins creed bundle and all they wanted to give me wass 55 in store credit for it. they are a total ripoff.

Add comment

You need to be registered to add comments. Register here or login
Remember
New stories
10°

Fork Parker’s Holiday Profit Hike Review | Hardcore Gamer

8m ago - Fork Parker’s Holiday Profit Hike is a nice gesture from Devolver Digital – a cute little free ga... | PC
10°

New Images revealed for One Piece: Pirate Warriors 3

8m ago - New screenshots showcase characters in upcoming One Piece game for PS Vita. | PS Vita
10°

Hotline Miami 2 Hits in Q1 2015, Collector's Edition Comes With Vinyl Soundtrack

9m ago - Hotline Miami 2: Wrong Number is now set to release in the first quarter of 2015, publisher Devol... | PC
30°

Claim a free game and give up the right to sue over Assassin's Creed Unity

9m ago - Those who bought the season pass for Assassin's Creed Unity are off and downloading their free ga... | PC
Ad

Study Game Design at DeVry

Now - DeVry University, is an accredited* university offering you the flexibility of over 90 locations, online courses and a wide variety of bachelor's a... | Promoted post
10°

LittleBigPlanet 3 Review (Invision Game Community)

10m ago - Critically acclaimed and best-selling PlayStation franchise LittleBigPlanet makes its debut on Pl... | PS3