Old news,we gamers lose money

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halo3fan18

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#1 halo3fan18
Member since 2008 • 59 Posts
Some gamers think its O.K to buy a xbox 360 game for 60$ and trade it in for 15$? That loses 45$!I think its pretty dumb to do that unless you realy hate the game, or need the money.So if you still do need the money and you trade it in why did you pay so much for it just to return it and get less than what you paid for. Old news, we gamers lose money!
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bulletproofcow

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#2 bulletproofcow
Member since 2005 • 11261 Posts
This is what happens in real life, not just with games. Your car will never be worth the same amount of money once you drive it off the lot, its how the economy works in a sense. Everyone loses money, not just gamers.
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Mabooza

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#3 Mabooza
Member since 2007 • 389 Posts

Some gamers think its O.K to buy a xbox 360 game for 60$ and trade it in for 15$? That loses 45$!I think its pretty dumb to do that unless you realy hate the game, or need the money.So if you still do need the money and you trade it in why did you pay so much for it just to return it and get less than what you paid for. Old news, we gamers lose money!halo3fan18

I agree. That's why I've never traded in a game. If I have a game I want to get rid of, I put it on ebay. You'll always get more money there than you will at your local Gamestop or EB. Used games are a huge business for the retailers...notice how they always ask you if you have anything to trade in when you step through the door? They make much more money off of used games than they'll ever make off of new games. Hell, if it weren't for used games they probably wouldn't even be in business.

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bluntmastaslaya

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#4 bluntmastaslaya
Member since 2006 • 1219 Posts

Your right, this is old news... but if you beat the game, and the game has little or no replay value, why keep it? trading it in is probably the worst way of doing this. I try to sell my games on ebay or craigslist first.

believe it or not but gamestop is in the business of MAKING MONEY they dont force you to trade their games in, but its the easiest way. thats why so many people do it. they are not in the business of trading video games and giving you a fair price.

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DeathStar17

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#5 DeathStar17
Member since 2005 • 4858 Posts
Yep, which is why I don't do trade ins...
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Khizer23

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#6 Khizer23
Member since 2007 • 71 Posts

aren't threre deals like trade in 3 games and get a new game free or something like that?

trade in like that

i got cod 4 liek that

by trading in 3 games(which i don';t play at all)

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Aaron89

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#7 Aaron89
Member since 2003 • 3377 Posts

As mentioned before: This is the economy - gamers 'n all.

But what would you rather? Have a game remain untouched forever gathering dust on a shelf, or put that $15 or so towards another game? I used to be fully against trade-ins, but now I realise keeping them isn't a good idea (for me, at least).

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LilSlugger1

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#8 LilSlugger1
Member since 2007 • 127 Posts
I see the point of view that you are getting ripped off, but I look at it like this. If i'm done with a game and it is just going to sit there and collect dust I might as well trade it in. Plus where I go which is gamecrazy they give a great amount for trade ins so it is very often that I get a brand new game for free due to the trade ins. Also what I have been doing lately is trading in a game when I beat it and then just buy another used game so I'm not getting ripped off as bad. Ebay makes a lot of sense but i'm so busy with work I just find it easier to go to a store and trade it in.
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Mabooza

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#9 Mabooza
Member since 2007 • 389 Posts
It's all about convenience. Retailers make it easy to convert old games into cash or credit. If you want top dollar, sell it yourself...but you're never going to get 100% back. Still, I have a hard time selling a $60 game for $15, then watching them turn around and sell it for $54.99.
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CorporateHammer

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#10 CorporateHammer
Member since 2007 • 992 Posts
I agree but where I live there arent many games available to rent. $10 for 5 days at most places near me. So I pay $60 and then trade in because It really comes close to evenong out. Probibly a little more costly to trade in but I like knowing the game is new not beaten up and I can keep it as long as I want. And hate rental places who stick things to the top of disks.
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nickdastick

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#11 nickdastick
Member since 2004 • 5286 Posts
you do lose some money, but if you never play a game again and you keep it, you lose even more money. So, if I know I'm not going to play a game again, I trade it in because the sooner I do it, the more money I will get. I will say it was nice back in the day when Gamestop gave you $45 the first two weeks a game was out so you only lost $5 +tax. Now, once the game has been opened it's $33 to $36 trade in... Oh well though, at least we can get something from trading them in. And like others have said, Ebay and CraigsList are viable routes. My buddy actually had Army of Two for a week and a half and then sold it on Ebay and MADE money on it!
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stolz1975

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#12 stolz1975
Member since 2005 • 422 Posts
its a racket i stoped trading my games in there is no reason for gamestop or eb to give you 15 bucks for a game and turn around and sell it for 49
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pinionxl

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#13 pinionxl
Member since 2002 • 1870 Posts
I don't own a single game. Only buy one or two per year, re-sell them for around $50 on ebay and rent the rest of the time.
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ACMCEAR

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#14 ACMCEAR
Member since 2007 • 190 Posts
Its called depreciation....what are u twelve?
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Holy_Poison

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#15 Holy_Poison
Member since 2008 • 25 Posts

I see the point of view that you are getting ripped off, but I look at it like this. If i'm done with a game and it is just going to sit there and collect dust I might as well trade it in. Plus where I go which is gamecrazy they give a great amount for trade ins so it is very often that I get a brand new game for free due to the trade ins. Also what I have been doing lately is trading in a game when I beat it and then just buy another used game so I'm not getting ripped off as bad. Ebay makes a lot of sense but i'm so busy with work I just find it easier to go to a store and trade it in.LilSlugger1

Exactly, it's all about convenience. Usually when I sell a game on ebay, I have to wait a week or two before I get my money. And even then I'll generally receive only a few dollars more than if I traded in at the store. It's easier to get the store credit and put it toward another game.

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Recboy

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#16 Recboy
Member since 2006 • 70 Posts

You pay 60$ for a game and soon the price starts to drop, its

best to sell it quick if you not gonna play it anymore.

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Nocturnal15

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#17 Nocturnal15
Member since 2006 • 1476 Posts

I agree. That's why I've never traded in a game. If I have a game I want to get rid of, I put it on ebay. You'll always get more money there than you will at your local Gamestop or EB. Used games are a huge business for the retailers...notice how they always ask you if you have anything to trade in when you step through the door? They make much more money off of used games than they'll ever make off of new games. Hell, if it weren't for used games they probably wouldn't even be in business.

Mabooza

And the bolded is the dam truth. Its the business of ripping people off. This is why you go on sites like ebay where you get rid of the middle man(the retailer) so you get much more.

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jwat4

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#18 jwat4
Member since 2003 • 1934 Posts
[QUOTE="Mabooza"]

I agree. That's why I've never traded in a game. If I have a game I want to get rid of, I put it on ebay. You'll always get more money there than you will at your local Gamestop or EB. Used games are a huge business for the retailers...notice how they always ask you if you have anything to trade in when you step through the door? They make much more money off of used games than they'll ever make off of new games. Hell, if it weren't for used games they probably wouldn't even be in business.

Nocturnal15

And the bolded is the dam truth. Its the business of ripping people off. This is why you go on sites like ebay where you get rid of the middle man(the retailer) so you get much more.

You do realize that ebay is also a retailer in the sense that it is providing a service that does come at a price.

Ebay while it may be a way to get a little more than the $15 offered by Gamestop is still not a very viable solution. Ebay and their various fees, Paypal fees, the time it takes to ship an item, accept paypal payments, deal with customers who do not pay, all lead to lost time and as they say time is money.

Bottom line is that no matter what you do you will lose money in some way, whether it be the gas it takes to drive to the local shipping store, or the fees that pile up when selling things online...or the loss you take when selling a game back to a retailer that needs to make a profit in order to stay in business.

Its your choice and I dont think a decision like this one can be deemed ignorant because it does not involve your money or time. Its up to each individual to decide what makes most sense to them, not what makes the most sense to you.

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MIB911

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#19 MIB911
Member since 2006 • 1720 Posts
WHY DO U ALL KEEP SAYING THEY GIVE U $15 ??? GameStop and EB give u $15 worth of store credit which is basically useless unless u give it BACK to them for ANOTHER game... who ever owns GameStop is a billionaire at least.
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_RA0_

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#20 _RA0_
Member since 2007 • 855 Posts
lol, those people are dumb, they can sell it on ebay for a lot more than trading in at your local game shop(ie: Eb Games)
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halo3fan18

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#21 halo3fan18
Member since 2008 • 59 Posts
I do know what you guys men about Ebay and everything but,what is craigslist?
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bitemeslippy

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#22 bitemeslippy
Member since 2005 • 1626 Posts
People talk about this all the time. I dont trade in games but even if I did why does it matter? Seriously though its that persons choice, and I like that people trade in games because I almost always buy used.
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Cwagmire21

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#23 Cwagmire21
Member since 2007 • 5896 Posts

I'm not big on trading in games but just recently I took 3 games that I don't touch anymore (Gears of War and Oblivion) or just hate (Guitar Hero 3) so that I could get GTA IV for cheaper. While yes, getting 15 dollars for a 60 dollar game does suck, but most stuff depreciates (houses are an exception). I also figure that I got my money's worth with Gears and Oblivion while I do feel I got ripped off with GH3.

However 15 dollars is more money than it just sitting on the shelf collecting dust - it's a double-edged sword. I wouldn't make a habit of it though

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halo3fan18

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#24 halo3fan18
Member since 2008 • 59 Posts
WHAT IS CRAIGSLIST???
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LRP85

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#25 LRP85
Member since 2007 • 3094 Posts

Gamers do not lose money. What would you do if there was not a place to sell your games? Would you complain about not getting any money for your old games? Most likely not.

What about the fact that you can buy used games that work just like new for cheaper. You are not losing money as if you could not sell your game you would not get any money for your games as it is.

If you buy a game for $60 and beat it and don't want to play it any more so you sell it to them for $15 you have actually only paid $45 for the game. So in the long run you are saving money this way.

You are not losing money, gamestop is gaining money. You can't lose what you have already spent.

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strayzilla

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#26 strayzilla
Member since 2004 • 560 Posts
Which is why I rent a ton of games and buy few newer titles till they drop in price. You really cant expect to get 40 or 50 back from a game that is months old. I think the system does benefit people who trade in tons of games quickly. Those people who buy a game on release day, and then play it for 3 or 4 weeks and then sell it back still make some good cash from the deal. Plus its cheaper than renting a game for a month from a video store. Anyone who does keep the games for longer loses out though.
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Elann2008

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#27 Elann2008
Member since 2007 • 33028 Posts

[QUOTE="halo3fan18"]Some gamers think its O.K to buy a xbox 360 game for 60$ and trade it in for 15$? That loses 45$!I think its pretty dumb to do that unless you realy hate the game, or need the money.So if you still do need the money and you trade it in why did you pay so much for it just to return it and get less than what you paid for. Old news, we gamers lose money!Mabooza

I agree. That's why I've never traded in a game. If I have a game I want to get rid of, I put it on ebay. You'll always get more money there than you will at your local Gamestop or EB. Used games are a huge business for the retailers...notice how they always ask you if you have anything to trade in when you step through the door? They make much more money off of used games than they'll ever make off of new games. Hell, if it weren't for used games they probably wouldn't even be in business.

Exactly. Ebay is the way to go whether you buy or sell games. Video games on Ebay are cheap and you can sell your games for a lot more money than your local gamestore. Personally, I dont trade or sell my games. I prefer to keep them and grow my collection. That's just me though.

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mohfrontline

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#28 mohfrontline
Member since 2007 • 5678 Posts
like bulletproofcow said, it's like that everywhere.
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ag1002

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#29 ag1002
Member since 2004 • 13499 Posts
Um... then don't trade your game in? Sell it on ebay.
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DataDream

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#30 DataDream
Member since 2004 • 3195 Posts

WHAT IS CRAIGSLIST???halo3fan18

go to craigslist.com and see

It is a "local" sales web page - similar to ebay but no auctioning - just online classified adds service for your local area. I think it is only in the U.S. though and I'm thinking if you haven't heard of Craigs List - you may be outside the U.S. as craigs list is just about as popular Ebay anymore (from a user standpoint - not talking dollar value).

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KoRn_Eddy_88

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#31 KoRn_Eddy_88
Member since 2005 • 1619 Posts

This is what happens in real life, not just with games. Your car will never be worth the same amount of money once you drive it off the lot, its how the economy works in a sense. Everyone loses money, not just gamers.bulletproofcow

not true your dad or grandfather who drove away with that 1969 camaro ss and kept it in mint condition is sitting on a gold mine...

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DataDream

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#32 DataDream
Member since 2004 • 3195 Posts

[QUOTE="bulletproofcow"]This is what happens in real life, not just with games. Your car will never be worth the same amount of money once you drive it off the lot, its how the economy works in a sense. Everyone loses money, not just gamers.KoRn_Eddy_88

not true your dad or grandfather who drove away with that 1969 camaro ss and kept it in mint condition is sitting on a gold mine...

True - but it DID in fact depreciate for a whole lot of years first - in fact when I was in High School you could get '69 Camaros for $500 and SS's for $1000-$1500 and that wasn't all that long ago (ok maybe just a couple years) - it's the same with games and everything else pretty much everything will hit "classic" status eventually and then instead of depreciating it will start to appreciate again - but official classic status takes 20 years at a minnimum. Do you want to hold onto your 360 games for 20+ years - if so then you will be able to sell them as collectors items.

So yes - there are (RARE) exceptions to every rule - but in general everything depreciates once you buy it. (Except a house as someone pointed out)

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Ligh_warrior

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#33 Ligh_warrior
Member since 2004 • 194 Posts
Im a gamer, I dont sell my games, even if I dont play it anymore. you got to admit every game has its replay value.
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DataDream

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#34 DataDream
Member since 2004 • 3195 Posts

Im a gamer, I dont sell my games, even if I dont play it anymore. you got to admit every game has its replay value.Ligh_warrior

Some games though aren't even worth the purchase the first time around. Games like Bullet Witch and Vampire Rain come immediately to mind - I couldn't play those games for more than a half an hour let alone "replay" them - so some games just have to go and ya chalk the price ya paid up to a loss in bad experimentation.

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Ligh_warrior

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#35 Ligh_warrior
Member since 2004 • 194 Posts

[QUOTE="Ligh_warrior"]Im a gamer, I dont sell my games, even if I dont play it anymore. you got to admit every game has its replay value.DataDream

Some games though aren't even worth the purchase the first time around. Games like Bullet Witch and Vampire Rain come immediately to mind - I couldn't play those games for more than a half an hour let alone "replay" them - so some games just have to go and ya chalk the price ya paid up to a loss in bad experimentation.

well yeah, I heard those games got a real bad score, so i didnt buy them. I do my research before buying games :lol: if you look at my games, I can gurantee you I still have everyone of those the games in my list. its pointless to buy something for 60$ wait around 3 months or so and sell it again for half of the price.

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OfficialBed

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#36 OfficialBed
Member since 2005 • 17668 Posts

This is what happens in real life, not just with games. Your car will never be worth the same amount of money once you drive it off the lot, its how the economy works in a sense. Everyone loses money, not just gamers.bulletproofcow

exactly

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megaxboricua

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#37 megaxboricua
Member since 2008 • 27 Posts

its true we always lose money but the other day i traded in my game rainbow six vegas 2 at my local gamestop and i got 49$ in store credit due to sum special event they had in place that day if u think about it i only lost like 17$ due to the tax i payed and its not the first time i traded a game at gamestop were got extra money due to sum special events they got goin for all the new games comin out so we dont always lose all are money

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Mothman301

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#38 Mothman301
Member since 2007 • 166 Posts
i have a solution to that money problem if you have two old games such as lost planet and farcry predator you could trade them in for another game like gta 4 i think it solves our problem but in away your still losing money
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LRP85

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#39 LRP85
Member since 2007 • 3094 Posts
I still don't get how you people can think you are losing money you have already spent. You already payed money for the game so you are not losing money by selling it. You are just getting some of that money back.
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wudarbassist83

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#40 wudarbassist83
Member since 2005 • 61 Posts
I keep all my games. I know when i'm older I'd wanna bust out the n64 or original xbox to play the good ol' games. One of my buddies brought his n64 to college and still has fun. And at another friends place we play a lot of SNES even though he also has a Wii
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Deathscythe2004

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#41 Deathscythe2004
Member since 2003 • 25 Posts
Same here. I never sell my games back to the store ex.eb games. I mean you sell them a game for $15-20 and then they turn around and sell it back for $30-40. What a rip off lol
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iam2green

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#42 iam2green
Member since 2007 • 13991 Posts
i don't like trading in my games. yes this is old news. i havn't traded in any of my games for a while.
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The_Dark_Jester

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#43 The_Dark_Jester
Member since 2003 • 1649 Posts
Personally I don't lose any money when trading in my games. I get full value back for them. I haven't lost any money on a game for a while now. If you want to know more feel free to PM me or check out my sig.
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Heaventorn

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#44 Heaventorn
Member since 2007 • 140 Posts
Oh god, more children complaining about how things work in the real world. Sad....
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t8trg8tr

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#45 t8trg8tr
Member since 2008 • 770 Posts

[QUOTE="halo3fan18"]Some gamers think its O.K to buy a xbox 360 game for 60$ and trade it in for 15$? That loses 45$!I think its pretty dumb to do that unless you realy hate the game, or need the money.So if you still do need the money and you trade it in why did you pay so much for it just to return it and get less than what you paid for. Old news, we gamers lose money!Mabooza

I agree. That's why I've never traded in a game. If I have a game I want to get rid of, I put it on ebay. You'll always get more money there than you will at your local Gamestop or EB. Used games are a huge business for the retailers...notice how they always ask you if you have anything to trade in when you step through the door? They make much more money off of used games than they'll ever make off of new games. Hell, if it weren't for used games they probably wouldn't even be in business.

Yup, I never trade in games either. Its just a big rip off.

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miiiguel

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#46 miiiguel
Member since 2005 • 1940 Posts
I never, ever sell my games. If for nothing else it'll stay for historical purposes.
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General__bob

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#47 General__bob
Member since 2005 • 25 Posts

Not every game you trade in is worth $15. It depends on a couple of things, like when was the game released... Newer games will get you more money, what condition is the game in, and if you want money for it or in-store credit that can lower or raise the games value, and if there is any special deals going on that can also affect how much you get.

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Ted_Bundy000

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#48 Ted_Bundy000
Member since 2008 • 347 Posts
Life revolves around money. Its not too hard to figure it out.
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Chrystsown

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#49 Chrystsown
Member since 2005 • 72 Posts
Considering that I pretty much only buy used games, and have an Edge Card at GS/EB, I get very good deals on trade-ins, and actually save loads of money. I don't buy new games...unless its absolutely screaming at me to play it. Patience pays out over impulsiveness. And its true what others have mentioned...you're not actually losing money. This thread is misnomered there. If you've spent it, you don't have it...ergo, to sell the game back to the store, only nets you a small return of the money you spent heretofore.
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KoRn_Eddy_88

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#50 KoRn_Eddy_88
Member since 2005 • 1619 Posts
[QUOTE="KoRn_Eddy_88"]

[QUOTE="bulletproofcow"]This is what happens in real life, not just with games. Your car will never be worth the same amount of money once you drive it off the lot, its how the economy works in a sense. Everyone loses money, not just gamers.DataDream

not true your dad or grandfather who drove away with that 1969 camaro ss and kept it in mint condition is sitting on a gold mine...

True - but it DID in fact depreciate for a whole lot of years first - in fact when I was in High School you could get '69 Camaros for $500 and SS's for $1000-$1500 and that wasn't all that long ago (ok maybe just a couple years) - it's the same with games and everything else pretty much everything will hit "classic" status eventually and then instead of depreciating it will start to appreciate again - but official classic status takes 20 years at a minnimum. Do you want to hold onto your 360 games for 20+ years - if so then you will be able to sell them as collectors items.

So yes - there are (RARE) exceptions to every rule - but in general everything depreciates once you buy it. (Except a house as someone pointed out)

3,5xx for a brand new 69 right off the lot :P, but i know what ya mean just had to be a donkey