GameStop is overhauling trade-ins and launching a new program that will wind up giving people more money for the games they sell, Kotaku has learned.
With EA and Microsoft actively trying to kill the used games industry, GameStop had absolutely no choice but to start offering more for trades.
And Amazon, Best Buy and just about everybody else under the sun.
Yeah I trade with amazon..best deals with them get about 80% of retail with them opposed to the gs
Wal-Mart is actually decent too, at least better than GameStop, and you can get more stuff with a Wal-Mart gift card.
Walmart is currently offering the best pricing on trade-ins.
Its also a smart move by gamestop. Wish they would've done this along time ago when i was actively selling my games to them.
Many stores already offer higher trade-in values than gamestop.. and gamestop doesnt price match, so they are now playing catch up years later. I dont know how much good it will do them.
I'll wait and see because their idea may be $1 more. I would like to see more for newer games. $45 for a $60 game that's a week old would be better, but that is not happening.
the gamestop I go to offers $40 for games left than a month old
Not to defend GS here, but they can get a brand new copy from the distributor for $50, possibly less with the volume they purchase at. Since realistically if you are a PUR member, you can get used games for a bit over $50. This means they would make more off a new copy than a used one. That's good for the publisher of course, but means GS is taking a huge financial risk in buying used games, as many do not even sell, and eventually they have to drop the price. The reason they make money, and the only reason they were able to survive this long, is the profits off of used games being so much more than that of new games. Publishers could realistically kill the used game market for these companies just by offering a better retail mark up for the stores, because they can't operate off new sales alone. Would help if people were willing to spend more on games, but that's another discussion entirely.
Well they couldn't offer much less.
LOL..that is the TRUTH!!
Gamestop is a big reason games lose value so quickly
No. Way too many copies of annual franchises, combined with gamers burning through the basics of a game in a handful of days, has brought down the value of games.
How do you figure that Billy? I'm genuinely curious.
They resell opened product as new. It's sad that they're getting away with it for so many years. Also they give you under half of what they sell for. Poor kids getting ripped off all the time because they can't afford a new game without trading
I'm just gonna keep selling them on eBay, thanks.
Gamestop is the epitome of a pawn shop...buy for pennies, then sell for almost full price. Gamestop can go spit for all I care, all they have done for years is offer crap for trade in value unless you get their trade in bonus and thats not even enough for the most part. Rarely do they offer a good deal on trade ins. I never understood why people were not pissed at them for offering crap trade in values. I've only traded one game and it was CoD 3 a week after release and I got 28 bucks for it...pffttt to gamestop...may they rot
Thats how businesses work though...
Are pawn stores offer more then Gamestop.
I used to manage for GameStop in Illinois and we literally operated by pawn shop laws. You nailed it.
Its only 20% more, so no much change from their old ones. I stop going to Gamestop after they sold my preorder (which was paid off) and the bs they are trying to pull by making some preorders online only.
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