wraggster
January 2nd, 2009, 23:21
The average price for used video game sales on eBay and other resellers dropped nearly 12 percent from last year, according to an analysis by Video Game Price Charts.Com.
Average used game prices started at a high of $12.69 on Jan. 1, dropped down to a low of $8.57 on Nov. 3 and rose back up to $9.68 by the end of 2008, according to the site. The free fall from January mirrored a similar drop in 2007, but ended up shaving an addition 11.8 percent off resales prices.
The article's author JJ Hendricks believes the drop in used game prices is because of the recession, but I'm not so sure that's a good explanation. Looking at the charts you can see that 2008 prices drop below 2007 prices in April, regaining strength for only a month or so before dropping below 07 again.
Perhaps it's because of the quality of used games being sold. There is certainly anecdotal evidence that gamers are holding onto more recent titles longer than they used to.
http://kotaku.com/5122218/used-game-sales-of-2008-dip-below-07-used-sales
Average used game prices started at a high of $12.69 on Jan. 1, dropped down to a low of $8.57 on Nov. 3 and rose back up to $9.68 by the end of 2008, according to the site. The free fall from January mirrored a similar drop in 2007, but ended up shaving an addition 11.8 percent off resales prices.
The article's author JJ Hendricks believes the drop in used game prices is because of the recession, but I'm not so sure that's a good explanation. Looking at the charts you can see that 2008 prices drop below 2007 prices in April, regaining strength for only a month or so before dropping below 07 again.
Perhaps it's because of the quality of used games being sold. There is certainly anecdotal evidence that gamers are holding onto more recent titles longer than they used to.
http://kotaku.com/5122218/used-game-sales-of-2008-dip-below-07-used-sales