60°
Submitted by yarbie1000 652d 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  +   653d 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  +   652d 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  +   652d 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  +   652d 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 652d ago ) | Agree(4) | Disagree(0) | Report | Reply
BanBrother  +   652d 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  +   652d 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  +   652d 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  +   652d ago
Sadly true for 90% of AAA blockbuster games nowadays.
yarbie1000  +   652d 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  +   652d 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  +   652d 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  +   652d ago
true but the math i broke down is something like this 1 year of gamefly is $288 which is about 5 new games per year (launch price) for that same ammount of money i get to play between 50 & 70 games which is over 10 times the ammount of games for the same money.
ClaudiaBrowne22   652d ago | Spam
Cam977  +   652d ago
Too much! I no longer trade in games because I always find myself ping back to them sooner or later. That, and the value rises 10+ years after launch (considering they're a good game!). Furthermore, I buy games cheap - never full price anymore. Mafia: II blew it for me, I only buy "trusted" games on launch day.
#7 (Edited 652d ago ) | Agree(0) | Disagree(0) | Report | Reply
Moncole  +   652d ago
I never trade in games. You buy a game for 60$ 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 652d ago ) | Agree(0) | Disagree(0) | Report | Reply
DivineAssault  +   652d 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  +   652d 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  +   652d 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  +   652d 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  +   652d 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  +   652d 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  +   651d ago
I get 10% off on purchases and 10% extra on trade-ins, gamestop are amazing with helping me save money
MrWonderful  +   651d 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

(WGB) Planetary Annihilation Review – Death Star? I’m In

8m ago - Baden of WGB: "After a successful Kickstarter and significant amount of time in Steam’s Early Acc... | PC
30°

Market Hype and Why it Sucks

8m ago - The Brilliantly Epic team gathers to discuss this years pressing problem concerning market hype,... | Industry
30°

Xzibit and "Pimp My Ride" Proud To Be a Part of Final Fantasy XV

8m ago - While he may have accidentally leaked the ending where Noctis and the gang finally make it to the... | Culture

Interstellar Marines - PC Preview | Chalgyr's Game Room

8m ago - Chalgyr's Game Room writes: While I have been in the first person shooting scene since Doom wa... | PC
Ad

Need Cash? (US Only)

Now - How would it feel to have your money struggles solved by this time tomorrow? We give fast loans from $100-$10,000+, and repayment terms up to 60 mo... | Promoted post
20°

NBA 2K15 Introduces NBA2K TV

8m ago - Today, 2K Sports announced a new feature called "NBA2K TV", exclusively for the Xbox One, PlaySta... | PC