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Will GameStop give full credit for an unopened game?


#1 Silencer   CAGiversary! CAGiversary!   384 Posts   Joined 13.8 Years Ago  

Posted 20 June 2006 - 08:26 PM

Here's the deal - I bought the Xbox 360 bundle (from another store) and got Project Gotham Racing 3, which I don't really have an interest for. I'm wondering if GameStop will give me FULL credit for the game which I can use to get another game (Ghost Recon). Since I bought it at another store, I do not have a receipt for GameStop.

Normally, I'd just go to Toys R Us because I know they give you TRU credit for unopened games even if you don't have a receipt, but GameStop is closer.

Thanks

#2 smaaug   CAGiversary! CAGiversary!   438 Posts   Joined 12.4 Years Ago  

Posted 20 June 2006 - 08:37 PM

They wont give you full credit and ToysRUs no longer does returns without a receipt. Besides what you would be doing is pretty unethical.

#3 botticus   GHM4Life CAGiversary!   16514 Posts   Joined 12.3 Years Ago  

Posted 20 June 2006 - 08:37 PM

Good topic.

But since I like to leave the flaming for others (they're funnier than I am), I'll just answer the question: No.

#4 Javery   Drug-Dealer-Keeper-Awayer CAGiversary!   22402 Posts   Joined 13.8 Years Ago  

Posted 20 June 2006 - 08:39 PM

They won't accept it without a receipt - and this kind of activity is considered bad form around here...

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#5 Silencer   CAGiversary! CAGiversary!   384 Posts   Joined 13.8 Years Ago  

Posted 20 June 2006 - 08:51 PM

Sorry, not sure why it's considered bad ethics? The value of the games are the same -- I just don't want this specific product. I'm not ripping anyone off.

#6 Salmonday   Cranky Old Man CAGiversary!   531 Posts   Joined 13.9 Years Ago  

Posted 20 June 2006 - 08:53 PM

Short answer: no.
Long answer: Hell no.
Longer answer: no, and they'll sometimes open it up right then and there to look at it.

#7 botticus   GHM4Life CAGiversary!   16514 Posts   Joined 12.3 Years Ago  

Posted 20 June 2006 - 08:55 PM

Sorry, not sure why it's considered bad ethics? The value of the games are the same -- I just don't want this specific product. I'm not ripping anyone off.

To be brief: GameStop gets new games from the distributor for less than retail. That's how they make a profit. When you return a game that you did not buy from them for $50 + tax, or whatever it will be, they are essentially paying you the retail cost to acquire a new game in their inventory. So when they sell it (assuming they sell it before it drops in price or gets marked down), they will sell it for $50 + tax or zero gain.

Yeah exactly, go trade it in and don't worry about all the naysayers. Oh and make sure you don't take "no" for an answer from the employees at gamestop. Tell them "code 24 override" they'll know what to do then.

Shit, does everyone know about the code 24 override now?

#8 Javery   Drug-Dealer-Keeper-Awayer CAGiversary!   22402 Posts   Joined 13.8 Years Ago  

Posted 20 June 2006 - 08:59 PM

Sorry, not sure why it's considered bad ethics? The value of the games are the same -- I just don't want this specific product. I'm not ripping anyone off.


I understand where you are coming from but your intent doesn't matter. What if you bought the game for $10 at CC and brought it to GameStop for a $50 return? From GameStop's perspective it's the same thing as you described but there is definitely something unethical about that scenario. By returning it to GameStop you are implying that you bought it there (which you did not) and your deception will result in a personal gain (getting a different game that you actually want). It's kind of sort of fraudulent...

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#9 Silencer   CAGiversary! CAGiversary!   384 Posts   Joined 13.8 Years Ago  

Posted 20 June 2006 - 09:02 PM

Ok, thanks for the serious answer guys. I guess my only option is to Ebay it or just play it. Thanks.

#10 mcgavin27   twomanjobs.com CAGiversary!   3977 Posts   Joined 12.7 Years Ago  

Posted 20 June 2006 - 09:22 PM

no

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#11 fwacce   011001100111011101100001011000110110001101100101 CAGiversary!   711 Posts   Joined 13.8 Years Ago  

Posted 20 June 2006 - 09:40 PM

To be brief: GameStop gets new games from the distributor for less than retail. That's how they make a profit. When you return a game that you did not buy from them for $50 + tax, or whatever it will be, they are essentially paying you the retail cost to acquire a new game in their inventory. So when they sell it (assuming they sell it before it drops in price or gets marked down), they will sell it for $50 + tax or zero gain.


While the OP shouldn't be doing this for ethical reasons, I must point out that you are incorrect in your analogy. If GameStop paid $40 for Ghost Recon, then they are out $40 to begin with, and they are hoping to sell it for $50 to make $10. If the OP takes his copy of PGR3 and exchanges it for Ghost Recon, then GameStop is still only out $40 in cash. Once they sell PGR3 for $50, then they have still made $10. This doesn't take into account that Ghose Recon is a better seller though and PGR3 may drop in price before it's sold, but that's another matter.

Got all that? So, the bottom line is it's still unethical to do it and that should be enough of a reason not to.

#12 TheCochese   TheLegend CAGiversary!   13947 Posts   Joined 13.1 Years Ago  

Posted 20 June 2006 - 09:50 PM

While the OP shouldn't be doing this for ethical reasons, I must point out that you are incorrect in your analogy. If GameStop paid $40 for Ghost Recon, then they are out $40 to begin with, and they are hoping to sell it for $50 to make $10. If the OP takes his copy of PGR3 and exchanges it for Ghost Recon, then GameStop is still only out $40 in cash. Once they sell PGR3 for $50, then they have still made $10. This doesn't take into account that Ghose Recon is a better seller though and PGR3 may drop in price before it's sold, but that's another matter.

Got all that? So, the bottom line is it's still unethical to do it and that should be enough of a reason not to.


While that might be correct in theory, it's not in practice. They aren't profiting $10 in reality, when you factor in costs such as labor, rent, electricity, etc. If they pay $50, even in store credit for a game that should have only cost them $40, they have only broken even. There is no guarantee that they will sell a new game in return. Someone else would probably buy a game that the OP wanted eventually anyways, so it wasn't in their best interest to give them the credit.

Neither you or I know for sure, but what happens when MSRP drops? Does GS receive the difference from the manufacturer? I would have to think not. If the OP goes and trades in that game for hardware, that's even a bigger hole in GS's wallet because there is less margin on that. If the OP uses that credit on used items, it's an even bigger loss to GS. You may think it the opposite, but the used stuff is probably going to sell regardless. Which would GS rather do? Sell it to someone for cash, or for someone with store credit on a return?

I know someone can better explain the logistics of corporate accounting (I'm out of practice), but there is much more involved than what you posted.

Achievement and trophy hunters? GTFO.


#13 fwacce   011001100111011101100001011000110110001101100101 CAGiversary!   711 Posts   Joined 13.8 Years Ago  

Posted 20 June 2006 - 10:00 PM

While that might be correct in theory, it's not in practice. They aren't profiting $10 in reality, when you factor in costs such as labor, rent, electricity, etc. If they pay $50, even in store credit for a game that should have only cost them $40, they have only broken even. There is no guarantee that they will sell a new game in return. Someone else would probably buy a game that the OP wanted eventually anyways, so it wasn't in their best interest to give them the credit.

Neither you or I know for sure, but what happens when MSRP drops? Does GS receive the difference from the manufacturer? I would have to think not. If the OP goes and trades in that game for hardware, that's even a bigger hole in GS's wallet because there is less margin on that. If the OP uses that credit on used items, it's an even bigger loss to GS. You may think it the opposite, but the used stuff is probably going to sell regardless. Which would GS rather do? Sell it to someone for cash, or for someone with store credit on a return?

I know someone can better explain the logistics of corporate accounting (I'm out of practice), but there is much more involved than what you posted.


I'm very well versed in the world of corporate accounting, and there is more involved than what I posted.

Everything you list is true, but it would still be true with the original game the OP wants to trade for. Just because GameStop sells Ghost Recon instead of the OPs PGR3 doesn't mean that people don't get paid or the electrical bill goes unpaid that month. It's an even trade-off assuming the games are the same value with the same sell-through rate and incentives from the manufacturer. Since we don't know the facts of GameStops numbers on individual titles, we can only assume they are equal for the purpose of this discussion. However, you could argue that it takes time, effort and cost to do a return/exchange that shold be factored into the expense. That would be true and another reason why GameStop would not want to do this.

With all that being said, it's still unethical. Nothing changes that. OP why don't you just offer it for trade to someone looking for the game in exchange for Ghost Recon. That way, everyone is happy.

#14 TheCochese   TheLegend CAGiversary!   13947 Posts   Joined 13.1 Years Ago  

Posted 20 June 2006 - 11:50 PM

I'm very well versed in the world of corporate accounting, and there is more involved than what I posted.

Everything you list is true, but it would still be true with the original game the OP wants to trade for. Just because GameStop sells Ghost Recon instead of the OPs PGR3 doesn't mean that people don't get paid or the electrical bill goes unpaid that month. It's an even trade-off assuming the games are the same value with the same sell-through rate and incentives from the manufacturer. Since we don't know the facts of GameStops numbers on individual titles, we can only assume they are equal for the purpose of this discussion. However, you could argue that it takes time, effort and cost to do a return/exchange that shold be factored into the expense. That would be true and another reason why GameStop would not want to do this.

With all that being said, it's still unethical. Nothing changes that. OP why don't you just offer it for trade to someone looking for the game in exchange for Ghost Recon. That way, everyone is happy.


I know I didn't say it the best way, but we're basically on the same page.

Achievement and trophy hunters? GTFO.


#15 zionoverfire   C10Cl12 CAGiversary!   18241 Posts   Joined 13.3 Years Ago  

zionoverfire

Posted 20 June 2006 - 11:57 PM

I suggest keeping the game incase your system crashes. If you want to return the 360 to costco they want everything back.

#16 TheCochese   TheLegend CAGiversary!   13947 Posts   Joined 13.1 Years Ago  

Posted 21 June 2006 - 12:02 AM

I suggest keeping the game incase your system crashes. If you want to return the 360 to costco they want everything back.


Not necessarily...

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Achievement and trophy hunters? GTFO.


#17 botticus   GHM4Life CAGiversary!   16514 Posts   Joined 12.3 Years Ago  

Posted 21 June 2006 - 12:38 AM

While the OP shouldn't be doing this for ethical reasons, I must point out that you are incorrect in your analogy. If GameStop paid $40 for Ghost Recon, then they are out $40 to begin with, and they are hoping to sell it for $50 to make $10. If the OP takes his copy of PGR3 and exchanges it for Ghost Recon, then GameStop is still only out $40 in cash. Once they sell PGR3 for $50, then they have still made $10. This doesn't take into account that Ghose Recon is a better seller though and PGR3 may drop in price before it's sold, but that's another matter.

Got all that? So, the bottom line is it's still unethical to do it and that should be enough of a reason not to.

Isn't that assuming that he does an even trade though? If they give him store credit (which, granted, is a zero-cash-value deal), he could put that $50 (now same as cash) in store credit anywhere.

#18 GizmoGC   I love Cheese CAGiversary!   12317 Posts   Joined 13.7 Years Ago  

Posted 21 June 2006 - 03:48 PM

Here is is an easy way to look at it

Gamestop:
Buy PG3 for Distributer for $40, sell for $50. Profit = $10
'Buy' game from you for $50, sell at $50. Profit = $0
PG3 drops to $30 new next week, they just gave you $50. Profit = -$20

Now, MAYBE if this was a hot game they would let you return it unopened, but PG3 is a launch title and every store has numerous used and new copys they can no longer sell.

#19 Javery   Drug-Dealer-Keeper-Awayer CAGiversary!   22402 Posts   Joined 13.8 Years Ago  

Posted 21 June 2006 - 04:01 PM

Here is is an easy way to look at it

Gamestop:
Buy PG3 for Distributer for $40, sell for $50. Profit = $10
'Buy' game from you for $50, sell at $50. Profit = $0
PG3 drops to $30 new next week, they just gave you $50. Profit = -$20

Now, MAYBE if this was a hot game they would let you return it unopened, but PG3 is a launch title and every store has numerous used and new copys they can no longer sell.


In your second scenario you are forgetting that the first scenario would have occurred had they not had the extra game so they are actually losing $10 in profit. It's kind of like being a Lost Volume Seller.

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#20 TimPV3   Butthole CAGiversary!   2602 Posts   Joined 12.5 Years Ago  

Posted 21 June 2006 - 04:07 PM

Wait, is there really a code 24 override? I'd love to send an idiot friend into EB winking and trying to get stuff cheap, only to get kicked out.

#21 Silencer   CAGiversary! CAGiversary!   384 Posts   Joined 13.8 Years Ago  

Posted 21 June 2006 - 08:59 PM

I opened the game.
/thread

#22 CaoPi   KOEI fan CAGiversary!   10499 Posts   Joined 12.1 Years Ago  

Posted 22 June 2006 - 02:26 AM

take it back to target or walmart. While waiting in line I've seen people return items wrong sizes, clothing or what not.

MY TRADE LIST: Huge fan of NIS and Koei games!

 

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