Ps3 tanking on ebay...

Ivanhoe

CAGiversary!
Feedback
2 (100%)
Looks like most ps3 20 gigs are selling for 640-650.

the 60 gigs are doing a little better.

Looks like ill be buying mine on ebay!!
 
[quote name='GuilewasNK']I think people realized spending more than retail for something that will eventually be restocked is asinine.[/QUOTE]

Either that or all the rich parents already got em.
I was at work today and alot of people said they bought PS3's off ebay recently. I doubt they will go up much more in price now, maybe a week or two before xmas a hundred or two so.
 
Looks like this guy lost money on his auction
Auction ended at $901.

PS3 20GB: $500
4 Games = $240
Extra Controller = $50
Best Buy Extended Warranty = $80

Total = $870, but he covered shipping and of course he probably paid about $60 in tax.


 
Unless you're rich and your kid has to have it. A local ice cream shop sells a half gallon for $13, while Eddy's is on sale all the time for 2/$5 at Meijer. Eddy's has Girl Scout cookie flavor! But yet the expensive store does gangbusters!

Look at a houshold object, there's a millionaire behind it. Their kids will spring it on them that they want a Wii 10 days before Christmas. That's why the Wii is so hard to get and will get harder closer to Christmas, kids have to have it. Technophiles want the PS3 and they have much better to spend their money on. The Wii is the Ipod of consoles. Except the Ipod was hot during the spring and summer and not the holidays.
 
Yeah I noticed even if you are throwing in a extra game or control with the system it dosent seem to be bringing up the price any. I have a 60GB system That I want to get rid of but I don't really want to go the ebay route.
 
[quote name='apokalipze2']Whoo I got $1200.00 for my unit so all is good[/QUOTE]
Yeah I got $2000.00 for mine so I'm happy I put mine up when I did. I was originally going to keep mine but the lack of good games at launch and the ridiculous prices the first day I had to sell. I am happy they are tanking for the people who bought a bunch of systems as an investment though.
 
Its certainly no surprise to me why the PS3 is tanking on ebay....what do you do with it once you get it home?

You play Resistance.......and you watch one or two BD movies.....and thats it.

There are no killer app games out that you absolutely have to buy, and there likely wont be any of those for another month or two...so..whats the rush? Why pay a premium....

I'm still scratching my head wondering who's buying these things, and what they are doing with them besides installing linux ;)
 
[quote name='HeadRusch']Its certainly no surprise to me why the PS3 is tanking on ebay....what do you do with it once you get it home?

You play Resistance.......and you watch one or two BD movies.....and thats it.

There are no killer app games out that you absolutely have to buy, and there likely wont be any of those for another month or two...so..whats the rush? Why pay a premium....

I'm still scratching my head wondering who's buying these things, and what they are doing with them besides installing linux ;)[/QUOTE]

What's the infatuation with installing linux on everything?

I do agree that I enjoyed the 360s early days more then the PS3s early days so far.
 
Linux? Mostly to do....well mostly to do all the stuff you could do with any old PC without actually having the PC hooked up to your TV or whatever :p

WOW, PLAY MAME! :p

Anyhow.....the reason the 360 launch was more fun was because all the games were in HD, something we didn't have before...and secondly, there were actually 5-6 good titles to buy.

NFS: Most Wanted, PGR3, Perfect Dark, COD2, Kameo......all of them flew off the shelves and were actually fun games to play (yeah even PDZ if you took the time to get into it).....

With PS3 you get ports of games already out for 360....and like 3 new games, only 1 of which is any good...and a couple that are actually really *bad* (Gundam, etc).

I almost bought one when I had the chance...and then stopped myself and said "What the hell am I spending my $600 on again?" and dumped it out of my basket.

I dont do the Ebay scalping thing.....and nobody I know actually wanted the thing for $600 bones so.....

Its nice to see that a 60gig one is selling for only $1k on ebay right now though...I'd be too worried about getting ripped off if I was a buyer OR a seller on ebay right now.
 
Someone once told me, and I don't think it will connect to this thread, you can price a candy bar for .25 cents, and it wouldn't sell nearly as much unless you had priced the same bar as "4 for $1.00".
 
[quote name='Psykoboy2']Someone once told me, and I don't think it will connect to this thread, you can price a candy bar for .25 cents, and it wouldn't sell nearly as much unless you had priced the same bar as "4 for $1.00".[/quote]

Marketing is all about the psychological.
 
[quote name='jkam']There is no reason to buy a PS3 at this point and maybe ever.[/quote]

You're in the wrong forum.
This place is for people who enjoy a variety of gaming.
 
consumers are starting to notice that all that hype was due to raity and very few have any intent on playing it.ebayers should really focus on wii objects,systems and nuchucks are going high amount.
 
eBayers should get the hell away from gaming and let gamers actually buy crap before they gobble it up and do a 50% markup. I don't care if people are stupid enough to pay it.
 
hmm... maybe I'll get a PS3 sooner than I expected if this keeps up. I don't really have much interest in the launch titles (though I am a Ridge Racer fan)... but I know I'm not waiting for a price drop since I need to play stuff like Virtua Fighter 5 and MGS 4 right away.
 
i won a auction that ended at 740.00
ps3 20 gig + 6 games... the auction stated "no reserve"

but after i won the auction it said "reserve not met"


im really pissed off now..




p.s I'll pay a CAG 60 cash over retail for a 20gig ps3 from bestbuy with receipt.
 
[quote name='Ivanhoe']p.s I'll pay a CAG 60 cash over retail for a 20gig ps2 from bestbuy with receipt.[/QUOTE]
you mean ps3? hahahaha

does anyone else think the prices will spike again near x-mas when the shelves still aren't stocked?
 
[quote name='SoccerEBA3']you mean ps3? hahahaha

does anyone else think the prices will spike again near x-mas when the shelves still aren't stocked?[/QUOTE]


lol yeah. fixed that. :)

i doubt there will be any spike at all.
 
[quote name='dallow']You're in the wrong forum.
This place is for people who enjoy a variety of gaming.[/QUOTE]

I own a PS1 and a PS2 so I'm missing your point.
 
Profits sure have dropped alot, it's not suprising though considering the paltry launch. And unlike with the ps2 they actually have stiff competition from the xbox 360 and the Wii so people are willing to wait for thier ps3s

your best bet is to wait till christmas when people go nuts
 
[quote name='Michaellvortega']Any tips to not get ripped off selling in a BIN ebay listing for a 60GB?[/QUOTE]

Price + Tax + Shipping = BIN Price

That's all it takes to not get ripped off. Profit-wise I'd wait until it was closer to X-mas, maybe time it so it ends on a Sunday (more people at home). Set a reserve if you really want to cover your ass.
 
But if you wait till Christmas who's not to say Sony actually will restock and meet there high estimated Christmas shipment of 1 million in US ( might be wrong on the actual number ).
 
[quote name='Spades22']Its tanked even more than the Wii and the Wii has more units out...crazy[/quote]

You just go to every PS3 thread and say 1 line that you agree that the PS3 sucks.
 
I think prices will go up 1 week before xmas. People are still waiting for the second or third shipment and then once those are gone then they will go to ebay to buy a ps3. My estimate is $1500 for a 60 gig console and $1000 for a 20 gig. The # of units on ebay has decreased to 13,000 units as compared to 35,000 a couple of weeks ago.
 
Prices will rise before X-mas. There are too many people out there that still think they will obtain a PS3 in the next few weeks, which they probably won't.
 
[quote name='oasisboy']I think prices will go up 1 week before xmas. People are still waiting for the second or third shipment and then once those are gone then they will go to ebay to buy a ps3. My estimate is $1500 for a 60 gig console and $1000 for a 20 gig. The # of units on ebay has decreased to 13,000 units as compared to 35,000 a couple of weeks ago.[/QUOTE]

It won't go up before christmas. The 360 prices didn't go up. The price will continue to drop until ps3s are readily available.

The only people willing to spend $1500 on a ps3 are the people who can afford to, and they most likely would have already bought one by the week before christmas. The people holding out for more shipments are probably the people who only want to pay retail and won't go $900 above msrp or they would have already done so before.

If you are one of those parents who must get whatever the kid wants for christmas, they're not going to wait til the last minute and risk the chance that their precious kid doesn't get what they want.
 
Honestly, folks - I think it's more down to simple economics. With the PS3, we figure that around 40,000 units were on eBay in the first few days (the number I hear a lot) out of 120,000 shipped. Basically, a fuck-ton of scalpers got in early and there were tons. Everyone who was willing to pay crazy money has one.

Why did this happen? I'd say the PS2 and the Xbox360 launches did it. The PS3 has had the heaviest scalping to date, and the market had the predictable response to saturation - the bottom fell out.

I have a PS3, and I'm enjoying it. But I'll admit that 'having a PS3' is part of the satisfaction, and that I'm playing Blast Factor more than Resistance.
 
[quote name='Kendro']Prices will rise before X-mas. There are too many people out there that still think they will obtain a PS3 in the next few weeks, which they probably won't.[/QUOTE]

You will see a slight spike, probably the week before Christmas, as some parents begin to get desperate after not having been able to find a PS3. But that is it, and the spike will likely be minimal.
 
[quote name='Kendro']This 60GB sold for $570. Did they list the item wrong or is it a scam? I'm having a hard time believing this happened. The seller has A LOT of feedback as well (350+).

http://cgi.ebay.com/Sony-Playstatio...3QQihZ004QQcategoryZ62054QQrdZ1QQcmdZViewItem[/QUOTE]

In this case the seller was scammed by a buyer who used a fake bid to bump up the price to the point where no one else would bid and then pulled the bid in the last 30 seconds. If you look at this buyer's other auctions, they have done the same on at least 2 other auctions (including one for an Xbox 360). I did an analysis of it in the "E-Bay scalping thread". In one case he must have missed the window for cancelling and thus just didn't pay for the item. Then he made a new account (used here) since the other had a -1 rating. It is interesting stuff - that is an exploit ebay needs to shut down ;).

http://www.cheapassgamer.com/forums/showthread.php?t=114320&page=36
 
[quote name='CheapyD']Looks like this guy lost money on his auction
Auction ended at $901.

PS3 20GB: $500
4 Games = $240
Extra Controller = $50
Best Buy Extended Warranty = $80

Total = $870, but he covered shipping and of course he probably paid about $60 in tax.


[/QUOTE]

And don't forget, Cheapy, he probably paid $40 in ebay fees and $30 or so in PayPal fees. And I doubt he shipped it for less than $50.

I think there's more going on here than just everyone trying to cash in on it. Didn't a ton of people sell 360's last year? They were in greater supply but I think they sold well through Jan or Feb, right? I think the lack of games, the higher overall price, and probably other issues are contributing factors - many being bad omens for Sony. I was going to pick one up in March or April when I assumed they would become plentiful, but the lack of upscaling means my shiny new $600 HD gaming box would play most games in wonderful 480p on my 1080i (Sony!) HDTV. No thanks - I can get that with the Wii (once I get the component cables :bomb:). I'm actually considering getting a 360 as a result, and I have had almost no interest in it to this point (save Oblivion). I just want to have SOME HD goodness on my HDTV (never had anything over 480p on the thing in the 3 years I've had it ;)).
 
I didn't really pay very close attention to the Xbox 360 launch, but I didn't get the impression that there were as many people buying it specifically to sell on eBay. While I'm sure it happened quite a bit with the Xbox 360 as well, it seems like there are a lot more people who are total non-gamers trying to cash in on the PS3 this time around. Just looking at the "hall of shame" thread makes you realize that most of the people selling these things know nothing about games and are only jumping on the bandwagon in hopes of making some easy money.
 
Buy your PS3 during the post-christmas recession

when ebay prices plummet to $300 each & sellers with 6 of these door-stoppers will get desperate to dump them.
 
I am SOOOOO glad to see the eBay jerks get screwed :D

I'm thinking too that so many people bought it for eBay that it became worthless.

Plus my Best Buy has restocked the Playstation 3 THREE TIMES so far since launch a week ago.

But please people, don't support the eBay jerks. I mean if you can get it for below retail and it's legit, fine, but don't pay a premium or you're just encouraging this behavior.
 
I loved the guy who sold his 60GB on ebay for $875 and included an extra controller and 2 games and in his description he said how he waited in line for 3 days, 2 nights just to get it. :lol:
 
bread's done
Back
Top