110°
Submitted by Rowland 2714d ago | news

UK Nintendo Wiis Are Selling Cheap On EBay

A HUGE supply of the smash-hit console Nintendo Wii has hit British shops - sending prices tumbling.
Hundreds of small-time dealers are thought to be losing fortunes through an online bidding crash after thousands of units suddenly became available.

Some "shrewdies" at eBay stores believed they would make a killing by buying in as many Wii units as possible, hoping to double their cash through online bids by desperate parents. But now, units selling in Argos and Currys for £230 are going on eBay for as little as £147.

Market analysts last night described the reversal in fortunes for consumers"something of a Christmas miracle". One added: "All the signs were that theWii supply would not meet the demand.
"People have stocked up on them hoping a deluge would force up the price. But the opposite seems to be the case." (Industry, Wii)

wiizy  +   2714d ago
lol
nice .. wii about to take over europe for good now..
rbanke  +   2714d ago
'Hundreds of small-time dealers are thought to be losing fortunes through an online bidding crash after thousands of units suddenly became available. '

Cry me a river, They wanted to play capitalism to their advantage and rip off consumers by overcharging for the wii. The saying 'taste your own medicine' comes to mind.
Alvadr  +   2714d ago
All I have to say is.. HA HA HA.

I sold my Wii at the beginning of Dec, just at the right time. I was so happy that I made a profit on a console I bought 12 months ago.. Cashback!
Lumbo  +   2714d ago
Serves them Ebay vultures right. Seems Nintendo did the right thing and stuffed the retail outlets with wii units to kill the greedy market bullies.
jinn  +   2714d ago
Europeans are already bored from it, good idea to sell it now
ReBurn  +   2714d ago
Sounds a lot like what Sony did with the PS3 in the US last Christmas. They resupplied a week or so before Christmas and people's dreams of quick cash went up in smoke. I think it's hilarious.

Add comment

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

42 Games That Made The Noughties Awesome

11m ago - The ten year period between the turn of the millennium and 2009 was one of both evolution and rev... | PC
10°

Devil May Cry 4 Special Edition New Livestream Airing Today To Showcase Nero

11m ago - A new Devil May Cry 4 Special Edition livestream will be aired later today, showcasing Nero. | PC
Ad

Help Myriad get through Steam Greenlight!

Now - Myriad is a twin-stick shooter that grows more beautiful the better you play, where you build and then destroy the game space in glorious chain rea... | Promoted post
30°

Warner Bros is Really Pi**ing Me Off With This Pre Order Arkham Knight S**t

13m ago - God Damn it, MORE dlc for Arkham Knight. You suck Warner | PS4
30°

Can we stop calling Splatoon a shooter now?

13m ago - Polygon: "The word keeps popping up when critics talk about Splatoon, even in our own review,... | Wii U
10°

E3 2015 Wish List

13m ago - The DJ Team collectively writes "Well gamers, it should be no surprise that we are all getting ex... | PC