How does the pricing for trade-ins at gamestop work? A while back, I went in and bought a game for $60. I had it for one day, didn’t like it and I took it back the very next day. Now, I wasn’t expecting to get the full amount for it, but how in the hell did it depreciate by 50%? I know there is no way to tell how long someone used a game for, but if you just saw me yesterday and are able to check the condition of the game and see that it’s flawless, you can tell right away that it is in near mint condition. I should at least be able to get $45+ back for it, especially if the game was just released yesterday.
I noticed that when I looked on the shelf a few weeks later, there were copies of the same game that were considered used and they were selling for $54.
Now I’ve spoken to an employee in the past about trading in some older games that I had. I had an idea that the amount of money you get for a game is based on age, popularity and the condition of the game. This I can understand.
I had a friend that used to work at gamestop but I haven’t been able to get in touch with him for some time. From what he told me, they are always out to make a profit and come out on top. I can understand that because they are after all a business. I’d like to know how much are used games being marked up? Where is gamestop getting it’s information from to decided how much used games are worth and can I somehow use that knowledge to my advantage?
One last thing. I hate to be pressured into buying games. You see all of these commercials on TV telling you that if you preorder a such and such game, they’ll give you a code for a super awesome alligator that drives a monster truck that has a tattoo of death wielding a flame thrower. The only problem I have with that is that a lot of these games today aren’t worth $60. Sure there are some great games out there, but lets face it, as good as GOW3 was, you can finish it in about 4 hours tops. I personally like to let the prices of games go down before I buy them. What I would like to know is if these codes given out for preorders of games are perishable? Is there a stack of these things sitting in the store that can be used months down the road? Are these codes accounted for in the store are online? Oh yeah, how long is it before the prices start to drop on games in general and at what percentage rate?