The Official E-Bay Scalping Thread

[quote name='animemaniac14']ya i got PLENTY of verified transactions on paypal with 50+ feedback...so i better not have a problem...man the guy i sold my ps3 to made me call him up and confirm that i wasn't going to scam HIM...i was more afraid he was gonna scam ME...o_O[/quote]

Why would you calling him confirm that it isn't a scam? He just wants to hear the words, "Don't worry I'm not going to scam you?"
 
[quote name='Kendro']Why would you calling him confirm that it isn't a scam? He just wants to hear the words, "Don't worry I'm not going to scam you?"[/quote]

i really wonder if i should wait til the money fully transfers into my bank account before i send off the ps3?
 
[quote name='io']Mine was last Friday. Just got an email from my buyer that the PS3 was received in good condition! Woo-hoo!

I'm wondering if the PayPal restrictions were just on new sellers or sellers with new PayPal accounts. BlueWizard seems to be implying he just got his PayPal account for the purpose of selling the PS3. So that could be it. It makes sense for ebay/PayPal to keep an eye on brand new seller accounts for this type of item. Though probably, at this point, with the prices way down they could stop with all the restrictions (including the pictures with receipt, etc).[/QUOTE]

Its not just new sellers, as the person I mentioned above has had their Paypal and ebay account for a couple of years with more than 100 transactions. Their reasoning was the account was limited because of a sudden increase activity (i.e. $1000+ sold auction). It all seems kinda of random who gets account limited. There's a thread on slickdeals about this. Its kinda of a Catch 22, cause they want to make sure you ship the item, but at the same time since they lock the account you cannot use any of the money the buyer has paid you for shipping.
 
[quote name='ofacto']Its not just new sellers, as the person I mentioned above has had their Paypal and ebay account for a couple of years with more than 100 transactions. Their reasoning was the account was limited because of a sudden increase activity (i.e. $1000+ sold auction). It all seems kinda of random who gets account limited. There's a thread on slickdeals about this. Its kinda of a Catch 22, cause they want to make sure you ship the item, but at the same time since they lock the account you cannot use any of the money the buyer has paid you for shipping.[/QUOTE]

Ah, so it is an activity thing. I've never sold anything before this over $1000 but I've had a few $100+ and many smaller ones. So I guess that was enough activity to warrant not doing this hold thingy.
 
[quote name='Kendro']http://cgi.ebay.com/Sony-PlayStatio...1QQihZ010QQcategoryZ62054QQrdZ1QQcmdZViewItem

This guys is an idiot for bundling 6 games and an extra controller with a 20GB PS3. He also included an external 250GB hard drive. Even included free shipping. He made a net loss of at least $350.[/QUOTE]

Wow, that sure was stupid. DON'T bundle anything, or at least not that many games. People won't pay a premium for that when every one of those games is available in every gaming related store in the country :roll:.

You know, I'd seriously consider BIDDING on one of these auctions - you can get stuff at a significant discount if you catch a bundle like this. If it wasn't for the lack of a 1080i upscaler I might just have done that. I could take my $1000+ net (after fees but not the price of the system) and spend that on a new one WITH a bunch of games and have some money left over. The problem is I wouldn't even want 1/2 of those games, so that makes it not such a great deal all around (for the buyer AND seller).
 
[quote name='io']Wow, that sure was stupid. DON'T bundle anything, or at least not that many games. People won't pay a premium for that when every one of those games is available in every gaming related store in the country :roll:.

You know, I'd seriously consider BIDDING on one of these auctions - you can get stuff at a significant discount if you catch a bundle like this. If it wasn't for the lack of a 1080i upscaler I might just have done that. I could take my $1000+ net (after fees but not the price of the system) and spend that on a new one WITH a bunch of games and have some money left over. The problem is I wouldn't even want 1/2 of those games, so that makes it not such a great deal all around (for the buyer AND seller).[/quote]

Is ebay messing with their sellers auction titles? My friend had his PS3 auction title altered, just like that guy had his title altered to: "-game console". wow is eBay becoming bad.
 
[quote name='Dhuk']Is ebay messing with their sellers auction titles? My friend had his PS3 auction title altered, just like that guy had his title altered to: "-game console". wow is eBay becoming bad.[/QUOTE]

I don't know about that, but when I revised something in my auction early on I noticed that the title reset to the generic "Playstation 3 console" (or something like that). I barely noticed it and had to go back in and change it. Sometimes the ebay relist/sell similar/revise pages reset the title if you use UPC info or and of their "prefilled" item shortcuts, even if you are just modifying the price or something. It is hella annoying.
 
[quote name='io']I don't know about that, but when I revised something in my auction early on I noticed that the title reset to the generic "Playstation 3 console" (or something like that). I barely noticed it and had to go back in and change it. Sometimes the ebay relist/sell similar/revise pages reset the title if you use UPC info or and of their "prefilled" item shortcuts, even if you are just modifying the price or something. It is hella annoying.[/quote]

Ah, that may be the reason. Yeah, the new format sucks.
 
so im wondering if i should wait for my money to transfer to my bank account from paypal before i send off the ps3...as to avoid this guy doing a charge back on me...
 
I'm a medium volume (I usually send out several packages a week) seller with over 100 feedback and my paypal account got flagged. I'm convinced it is random. I sent EVERYTHING Paypal requested and they still haven't released my money. I'm gonna call them today all pissed if they don't release it by the end of the business day.
 
The market has cooled off big time. I see that 20 GB are selling for $700 and 60 GB are going for $1000. I guess this is a good thing for christmas gift buyers, I wonder if the prices will surge higher as we get closer to Christmas?
 
[quote name='MadFlava']The market has cooled off big time. I see that 20 GB are selling for $700 and 60 GB are going for $1000. I guess this is a good thing for christmas gift buyers, I wonder if the prices will surge higher as we get closer to Christmas?[/quote]

i very much doubt it :(
 
[quote name='animemaniac14']i very much doubt it :([/quote]
I think your right, I think this will either be the steady price or it will drop further. Common sense has to kick in at some point and educated buyers aren't going to keep paying over $200 over retail value for the PS3.
I think you'll see a surge of people puting their PS3's on the market the week before Christmas expecting to make a killing off desperate parents and the prices will tank again because of an over flow of supply. I've been reading the forums and there are a bunch of people waiting to put their PS3's on the market before Christmas.
 
[quote name='MadFlava']I think your right, I think this will either be the steady price or it will drop further. Common sense has to kick in at some point and educated buyers aren't going to keep paying over $200 over retail value for the PS3.
I think you'll see a surge of people puting their PS3's on the market the week before Christmas expecting to make a killing off desperate parents and the prices will tank again because of an over flow of supply. I've been reading the forums and there are a bunch of people waiting to put their PS3's on the market before Christmas.[/QUOTE]

Even if the price does go up, consider this... Its been 2 and the ps3 has gone from huge amounts like 2,000 to ~650 dollars. We still have december ahead of us, with even more shipments coming in. The price will keep going down i can garuantee that. If it goes up in price before christmas, it will still be going for less then what they are right now (prediction)
 
[quote name='Kendro']It's over. PS3 is done. These 60GB JUST ended.

http://cgi.ebay.com/Sony-PlayStation-3-Premium-60GB-North-American-Version_W0QQitemZ140059307883QQihZ004QQcategoryZ62054QQrdZ1QQcmdZViewItem

http://cgi.ebay.com/Sony-PlayStation-3-60GB-Premium-Console_W0QQitemZ320055853085QQihZ011QQcategoryZ62054QQrdZ1QQcmdZViewItem

http://cgi.ebay.com/PlayStation-3-PS3-60GB-60-GB-With-Talladega-Nights_W0QQitemZ160057968018QQihZ006QQcategoryZ62054QQrdZ1QQcmdZViewItem

$810, $860, $850. 2 weeks ago they were topping out at $1200, then a week ago they were topping out at $1000. It's over. Selling a PS3 for $850 means roughly a $125 profit after eBay and PayPal fees.[/QUOTE]

Which *still* isn't too bad as long as you just happen to see one in a store and pick it up. Going through any effort to sell one, on the other hand... Plus, at these lower sale prices you are more likely to get a serious buyer and not be scammed (making the sale less stressful for all involved).

I kind of figured $800 is probably the low for these for a while. I mean, they are still near impossible to find and if some parent can pick one up for $850 shipped, that is WELL worth the extra cost vs running all over town to spend $600 + tax on one. So I really doubt they will drop any lower until January or later. I think $800 is a built-in floor for these things for a while.

Now, will they spike a bit in about 2 weeks? Who knows, but I do think many people who couldn't sell them the first week are holding on to them with that hope, which, as others have said, will probably counteract any last minute buyers.

The BIG winner in all of this, is, of course, eBay itself. In addition to all the legitimately completed auctions with all their fees ($30-$50 each depending on what extras were added to the listings + $30 or so in PayPal fees) there are the THOUSANDS of auctions that people listed for $1-$30 in listing fees that didn't sell - eBay KEEPS those fees for good!
 
The Wii effect is greater then I ever anticipated for the ps3. W/o the sole focus on one new system launch, making it the MUST have gift of the season, the Wii has now taken the title of the MUST HAVE gift for this xmas season. Only hardcore gamers and teens w/ parents w/ money are even bothering w/ a ps3. I guess at some point consumers do pay attention to price points. Had the ps3 been the only launch, the prices would have dropped much slower, like the xbox360's did. Even before xmas you could still make around 150 dollars off a 360, now the ps3's are barely making profit. It's definitely not worth the effort to track one down unless you just walk into teh store and see one there. Prices will probably hover around 800 from now till the end of xmas. I feel bad for all those poor people who actually waited outside, and didn't list theirs immediately. I'm really glad I had my auction end the morning of launch for a cool couple thousand, w/ a buyer who still has not called fowl and a paypal account that continues to function.

Update:
Wow, just checked the completed listing on ebay. Almost NONE of the ps3's are even breaking 900. What a disaster for sony. There is practically NO demand, along w/ the total lack of systems. Total disaster. I'm really starting to question whether sony will survive this round of the console wars. The 360 is looking more and more appealling esp. w/ games like gears of war. I absolutely hated halo, but I must admit, gears of war is a TON of fun to play.
 
Just as a measure of gauging interest in the ps3, you can look at the number of hits an auction is getting at the bottom. PS3 auctions are getting around 400 or so hits. Some even less. That's already at auctions end. That's abysmal.

The wii is getting around 90 or so hits at auctions end, albeit there are more wii's and people are holding out more hope of walking into a store and getting one.

Either way, there isn't much ebay interest in either of these systems. Those hoping to pop their's onto ebay better do so soon, before the interest drops down to virtually nothing.
 
[quote name='Rimmit']Update:
Wow, just checked the completed listing on ebay. Almost NONE of the ps3's are even breaking 900. What a disaster for sony. There is practically NO demand, along w/ the total lack of systems. Total disaster. I'm really starting to question whether sony will survive this round of the console wars. The 360 is looking more and more appealling esp. w/ games like gears of war. I absolutely hated halo, but I must admit, gears of war is a TON of fun to play.[/QUOTE]

I fail to see how a system selling for 150% of retail translates into a failure for the manufacturer.

This goes for Kendro's "PS3 is done" claim. Do you mean the console itself, or just the reselling frenzy?
 
[quote name='Kendro']It's over. PS3 is done. These 60GB JUST ended.

http://cgi.ebay.com/Sony-PlayStation-3-Premium-60GB-North-American-Version_W0QQitemZ140059307883QQihZ004QQcategoryZ62054QQrdZ1QQcmdZViewItem

http://cgi.ebay.com/Sony-PlayStation-3-60GB-Premium-Console_W0QQitemZ320055853085QQihZ011QQcategoryZ62054QQrdZ1QQcmdZViewItem

http://cgi.ebay.com/PlayStation-3-PS3-60GB-60-GB-With-Talladega-Nights_W0QQitemZ160057968018QQihZ006QQcategoryZ62054QQrdZ1QQcmdZViewItem

$810, $860, $850. 2 weeks ago they were topping out at $1200, then a week ago they were topping out at $1000. It's over. Selling a PS3 for $850 means roughly a $125 profit after eBay and PayPal fees.[/quote]

And then you got to factor in any miss time at work, lack of sleep, missed classes.
 
[quote name='mykevermin']I fail to see how a system selling for 150% of retail translates into a failure for the manufacturer.[/quote]

When the Wii is selling for around 125-145% over retail and it's like 5 year old technology, and you're "NEXT GEN" console is getting slaughtered in sales by that same system=launch failure to me.

Don't get me wrong. I love Sony and will buy a ps3 in january, it's just that their launch was a disaster, and interest is quickly waning.
 
$125 profit, it dosen't matter, there will still be desperate low lifes who will scalp the PS3. But the prices are dropping, good for buyers. The 20GB is just not worth buying, hands down. I think another reason the prices have dropped so radically is due to all the scuz bag scammers and that scares off potential buyers.
 
[quote name='Rimmit']When the Wii is selling for around 125-145% over retail and it's like 5 year old technology, and you're "NEXT GEN" console is getting slaughtered in sales by that same system=launch failure to me.

Don't get me wrong. I love Sony and will buy a ps3 in january, it's just that their launch was a disaster, and interest is quickly waning.[/QUOTE]

Because the markup for the PS3 and Wii is similar? I don't get your reasoning.

[quote name='Dhuk']$125 profit, it dosen't matter, there will still be desperate low lifes who will scalp the PS3. But the prices are dropping, good for buyers. The 20GB is just not worth buying, hands down. I think another reason the prices have dropped so radically is due to all the scuz bag scammers and that scares off potential buyers.[/QUOTE]

Perhaps. This isn't really *any* different from the 360 launch last year. I merely think that, since the PS3 is close to (but does not exceed) the maximum price people are willing to pay for a new system (and those people paying $1000+ the past few weeks can be seen as "early adopters" in technological dissemination terminology, and not representative of gamers as a whole), there's not much roomo at all for a profit margin on the sellers' end before they've exceeded the price people are willing to pay for them. I don't mind at all, because the past two years have shown that, while exciting, console manufacturers need to get their shit together and not rush a launch.

In the end, I'm still not understanding those who proclaim the PS3 DOA, or something similar, because it's not selling for $1000 anymore. The 360's certainly a helluva system to own this year, yet it had the same resale dropoff shortly after launch.
 
The ps3 is not DOA. I never said that. I just said the launch was a disaster, and I think it's hard to argue that. The ps3 will be an awesome system in about a year. I'm just stating it is no longer the MUST HAVE system of the year. The wii has taken that place. the ps3 is the MUST HAVE HARDCORE GAMER system of the season, but not the general masses must have system.

however, I've never seen market penetration as fast as I have w/ the Wii. When the ps2 launched, I saw maybe 2 in a dorm of 300 at the time, and I know everyone in my dorm as it was like a frat, so I just how many there are.

My brother who is now in the same dorm as I was in college could only find 1 360 in the dorm at launch. He's said no one owns a ps3 after that launch, however, there are at minimum 4 wii's, plus him making 5. While this is a small representative population, I've never seen a system invade a dorm so fast, and also garner as much NONGAMER attention, i.e. - girls and moms. Girls love the wii, even more so then mario party or anyother cutesy nintendo gamecube game. I believe the wii will make a lot of headway, much like the ds has expanded the gaming market.

My point in regards to mark up is that Relative to price point, people are willing to pay the same for the Wii as a ps3 Relative to original MSRP.
 
[quote name='Rimmit']The ps3 is not DOA. I never said that. I just said the launch was a disaster, and I think it's hard to argue that. The ps3 will be an awesome system in about a year. I'm just stating it is no longer the MUST HAVE system of the year. The wii has taken that place. the ps3 is the MUST HAVE HARDCORE GAMER system of the season, but not the general masses must have system.[/quote]

I don't know about that. They're both sold out everywhere. If there were equal numbers of systems available, we'd have a better idea. I see no evidence to suggest that one is trumping the other; in the end, of course, this christmas means nothing. Holiday 2007/8/9, *those* matter. If you think market penetration is all that matters, then the 360 wins. We both know that's not the case, however, and very little can be said about one "winning" over the other this early.

however, I've never seen market penetration as fast as I have w/ the Wii. When the ps2 launched, I saw maybe 2 in a dorm of 300 at the time, and I know everyone in my dorm as it was like a frat, so I just how many there are.

My brother who is now in the same dorm as I was in college could only find 1 360 in the dorm at launch. He's said no one owns a ps3 after that launch, however, there are at minimum 4 wii's, plus him making 5. While this is a small representative population, I've never seen a system invade a dorm so fast, and also garner as much NONGAMER attention, i.e. - girls and moms. Girls love the wii, even more so then mario party or anyother cutesy nintendo gamecube game. I believe the wii will make a lot of headway, much like the ds has expanded the gaming market.

It's not representative of the market, because it's a frat house. It's a small selective portion of the potential market. You're ignoring children through high school students, adults, females of any age...that's a pretty big part of the market. (I'm trying to be the devil's advocate...not be a prick...but misusing statistical terminology is a pet peeve of mine).

In addition, I don't give much credence to anecdotal evidence. You'll forgive me to doing so, though I hope you understand the reasons why (lack of representativeness is only one of many reasons).

My point in regards to mark up is that Relative to price point, people are willing to pay the same for the Wii as a ps3 Relative to original MSRP.

But, if the percentage markup is the same (150%), then people are willing to pay *more* over MSRP for PS3 for the Wii (50% of MSRP for PS3 is $250-300, while only $125 for Wii). So, in that regard I still fail to understand your argument.
 
I agree, the percentage markup is very weak, I should never have made it in the first place.

I've been gaming a looooong time, (since coleco and intellivision), and I've never seen the response as positive for the Wii except for maybe the original nintendo.

It's just highly accessible. I really hope the ps3 wins thw ar, as I love my ps2, and want to see the same calliber of exclusive games, the Wii just has the momentum right now. While standing around target, eb, and walmart's game sections is also not a good representative portion of the population, Mom's, gamers, and kid's all are amazed at the Wii. The number of times I've heard from a kid or parent, or gamer "The ps3 has nice graphics, but I want a wii." Is actually really scary.

Also while that is a small representative population in a dorm, I've never seen a system in which more then hardcore gamers have attempted to get at launch, and I know MANY people who don't own one game system that went and stood in line to get one.

Furthermore, for a larger representative base, THAT IS STILL NOT SCIENTIFICALLY ACCURATE BUT VERY LARGE, hop over to gamefaqs.com. polls. The wii is trumping all.

Also the Wii has the positive press momentum. It's being featured on GMA and other morning news shows w/ how user friendly, etc. The ps3 only received the Launch hype and nothing after that. Plus all the negative hype about how it shipped halfbaked.

You go into any gaming store, like eb, and all the employees are pushing the 360 or wii for xmas, and you've got an uphill battle for sony onthe store front as well.

I agree these arguments have holes left and right in them. I'm just stating my general feel, which is typically right. I believe the ps3 will win, just in a much closer race then anticipated, and sony has overestimated the general populations willingness to pay for a game system. Many rich families will buy it for their kids, but most of america ain't rich, and many parent just tell their kids no. The DS took the world by storm w/ it's user friendly interface, and many DS u sers that are non traditional gamers are going to the Wii next.

Here's the Sony, and that they hopefully know what they're donig.
 
I agree, the percentage markup is bad argument weak, I should never have made it in the first place and we'll leave it at that.

I've been gaming a looooong time, (since coleco and intellivision), and I've never seen the response as positive for the Wii except for maybe the original nintendo. While much of the statements are anecdotal, I don't think you have to be a genius to see that the DS and now the Wii have turned the eye of the nongamer. In clinic I'll walk into a patients room and see a 60 year old woman playing on her DS. There is no denying the DS has gone beyond the traditional gamers. Thus far(while a small population) I know of 3 girls that bought a Wii at launch for themselves to play. I know small population sample. I'm not trying to come up w/ percentages, my point is that Nintendo is expanding the market beyond traditional gamers. The fact that not even one person out of 300 in a video game heavy dorm kept a ps3 at launch is disconcerting. I'm just stating that market penetration due to a number of factors is slow, and you cannot deny that. The lack of launch systems largely contributed to that.

I just got back from a Residency interview and the director of the program noted that I liked video games in my interests box along with science fiction. He further went to comment.... "What systems do you play?" I stated "I just got a ps3 but sold it, but I have the new nintendo system. I'm not sure if you're familiar with it, The Nintendo wii." Right after I said Wii, his eyes lit up. "NO WAY, you got a WII!! I normally don't play video games, my son has an xbox, but I Was thinking about getting him a Wii, and Kinda wanted to play myself." I then went on to talk about the controls etc. and how it was a lot of fun. This is a guy who is in his mid 40's, has more then enough money as he is a the Director pediatric residency so getting a ps3 off ebay would not be a problem, but when I said ps3, he didn't even blink, but I Was in shock at his reaction to the wii. So here I am in the middle of an interview that could shape where I live for the next 3 years, and we're talking about the new nintendo system. It's just a continual onslaught of people interested in the wii, people you would never have expected. This isn't just me either, I can give examples for days of whom I've interacted with and heard other people interact with that would traditionally not play a game, but will play the wii, but that's for another time and place.

It's just highly accessible. I really hope the ps3 wins thw ar, as I love my ps2, and want to see the same calliber of exclusive games, the Wii just has the momentum right now. While standing around target, eb, and walmart's game sections is also not a good representative portion of the population, Mom's, gamers, and kid's all are amazed at the Wii. The number of times I've heard from a kid or parent, or gamer "The ps3 has nice graphics, but I want a wii." Is actually really scary.

Furthermore, for a larger representative base, THAT IS STILL NOT SCIENTIFICALLY ACCURATE BUT 50,000-100,000 LARGE, hop over to gamefaqs.com. polls. The wii is trumping all in virtually all polls, at least from an interest stand point.

Also the Wii has the positive press momentum. It's being featured on GMA and other morning news shows w/ how user friendly, etc. and on toys r' us hot list for the year. The ps3 only received the Launch hype and nothing after that. Plus all the negative hype about how it shipped halfbaked.

You go into any gaming store, like eb, and all the employees are pushing the 360 or wii for xmas, and you've got an uphill battle for sony onthe store front as well.

I agree these arguments have holes left and right in them. I'm just stating my general feel. I myself am mindboggled at the what I am beginning to consider the Wii phenomenon. I believe the ps3 will win, just in a much closer race then anticipated, and sony has overestimated the general populations willingness to pay for a game system. Many rich families will buy it for their kids, but most of america ain't rich, and many parent just tell their kids no. The DS took the world by storm w/ it's user friendly interface, and many DS u sers that are non traditional gamers are going to the Wii next.

Here's the Sony, and that they hopefully know what they're doing. I think Nintendo really had the right idea by launching after sony. They have a lot more fight in them than I gave them credit for.

Now if only MGS4, heavenly sword, and lair, FFXIII were out..... Then it'd be a whole nother ball game....... Cuz that's when the ps3 will truly shine, and wake up from it's slumber.
 
Well, of course, anecdotes are anecdotes, but I was in Target tonight and the electronics dude was explaining to some Mom + son that the PS3 has the "exact same" motion control as the Wii then he went on to show them how it works in Motorstorm :rofl:. Yes, this is very isolated and probably the opposite of most people's stories, but it just chapped me a bit as it reminded me of all the times I had been in TRU or EB or wherever and saw people talked out of getting Gamecubes by the staff (in favor of either PS2 or Xbox). Of course it was not like they had either in stock (though, anecdotally speaking, I can find PS3 controllers just about anywhere but not any for the Wii).

Anyway, this was just after he explained to another woman that a 4x Optical zoom in a digital camera (she had asked if any had more than that) degraded the image quality.

So we know we have an esteemed high-tech guru on our hands ;).
 
[quote name='larry6171']It's all luck of the draw. Look at these two auctions. One 60 GB and one 20 GB. They made a pretty good profit.

http://cgi.ebay.com/Sony-PlayStation-3-60GB-PS3-UNOPENED-in-hand-w-extras_W0QQitemZ130051828277QQihZ003QQcategoryZ62054QQrdZ1QQcmdZViewItem

http://cgi.ebay.com/SONY-PLAYSTATION-3-20-GB-BRAND-NEW_W0QQitemZ300053130398QQihZ020QQcategoryZ62054QQrdZ1QQcmdZViewItem[/quote]

Totally luck of the draw, and thats if the buyers don't back out once they see the other PS3's on the markets going for much less. The resell market is done, too much supply on the resell market. If you haven't sold yours by yesterday, you might as well keep the damn thing or return it.
 
I agree it's a buyer's market now from here till xmas. There are just too many other options on the market to have moms justify paying premium for a system which to the average observer is only on par w/ the 360 and even worse if gears of war is the current demo playing at EB or Target or walmart.
So far the Wii has actually held steady at around 100-130 in profit which considering the investment isn't too bad.

If you happen to pick one up off the store shelves it definitely worth the time, as is the ps3. Just not worth the effort to hunt one down. Hopefully my other preorders at FYE will eventually come in so I can own the freakin thing.
 
I think the big difference we are seeing from last years 360 market is that with the PS3 and Wii there is just too many alternatives. Last year, 360 was the only next-gen system on the market and anyone that couldn't buy one turned to the resell market to get it. This year, if you can't find a PS3, people are going out and buy 360's and Wii's. I think that coupled with too many ebay scalpers, effectively killed the PS3 resell market, which is good think for buyers that actually want to play the damn thing. Also, this would make a really good economics paper for someone this semester or next.
 
http://cgi.ebay.com/Sony-PlayStatio...8QQihZ010QQcategoryZ62054QQrdZ1QQcmdZViewItem

Wow, total bottoming out of the market now. Most are only hitting 850 at best. This was even a seller w/ phenomenal feedback. The auction only garnered 160 hits or so.

The time to ebay these has officially bottomed out faster then even I could have anticipated. I predicted that these would fetch a tidy 200-300 profit till xmas, but that's even ambitious now.l
 
Why these sellers continue to bundle things with the system is beyond me. It's looking now like you can actually get a DEAL on ebay relative to the store sales - and all without the hassle of having to track down a PS3 in store.

And all this after my Target today got 43 Wii's in (all sold out prior to opening via vouchers) and said that at some point in the past they got all of 4 PS3's. It is amazing the PS3 has bottomed out so much considering they are next to impossible to find (whereas the Wii is only 'extremely difficult' to find ;)). SOMEONE sure is interested in them!
 
It's amazing how the wii has taken off. It's harder to get one now then on launch. I mean at the target I was at for launch, there were 60 Wii's. The last spot in line went about 20 min. before they handed out tickets. Now this sun. from people who I knew that went there to try and get one. They had 40ish or so systems, and the last spot in line went 2 HOURS before opening. The Wii is only gaining momentum, not losing it, unlike the ps3. Nintendo is gonna be a much bigger factor in the console wars this time around. Furthermore, if you look at the hit counter at the bottom of the wii and ps3 auctions, there are only around 150-200 hits per ps3 auction at end, whereas wii auctions garner more like 250-300 hits per auction. The popularity of the wii is currently outweighing the ps3 based on hits, and the irony is that there are WAAAY less ps3's so there should be more people heading to ebay to get the ps3, then the wii.

Also the profit margins for the Wii's are MUCH better then ps3's. Wii's are going from 380-500 depending on your luck.

So after Ebay fees etc, you can make a cool 200, w/ only an initial investment of around 265. Not bad. Much better return then the PS3.

The wii has totally sucked the wind out of the PS3's sales. It's got such glowing reviews from everyone I've seen who have touched the system. It's definitely the MUST HAVE item this holiday. People are just too frustrated w/ the ps3, and the price point is just not Family friendly.
 
The Wii single-handedly killed the PS3. I agree with Rimmit. I cannot believe how "Tickle Me Elmo-esque" the Wii has become. It really is harder to find now than at launch. During launch, eBayers were unsure and only Nintendo fans wanted the Wii so it wasn't immensely difficult to get one. Now that it has been 2 weeks and everyone and their mother has tried the Wii and wants one, it is really hard to get one.

If Wii didn't come out or wasn't well received, PS3 would be dominating eBay right now.
 
[quote name='Kendro']The Wii single-handedly killed the PS3. I agree with Rimmit. I cannot believe how "Tickle Me Elmo-esque" the Wii has become. It really is harder to find now than at launch. During launch, eBayers were unsure and only Nintendo fans wanted the Wii so it wasn't immensely difficult to get one. Now that it has been 2 weeks and everyone and their mother has tried the Wii and wants one, it is really hard to get one.

If Wii didn't come out or wasn't well received, PS3 would be dominating eBay right now.[/QUOTE]

No kidding. I was doing some early shopping Sunday and at Target 15 minutes after opening they were all sold out of 40 Wiis (actually sold out well before opening but didn't finish ringing everyone up till then). Then I drove past TRU to see what that was like and there were at least 60-70 people outside 1 hour before opening. Then, at a completely different place (Sears at a nearby mall) an hour and a half later I overhead some woman saying they had 60 at TRU and they were sold out before they opened (as I clearly could tell). Later I went to CC and they said they had 40 and handed out vouchers for all of them at 8am (2 hours before opening) with some of those people lining up last night before they closed. Insanity!

I knew that those places were going to have them because of CAG, but I already have one and wouldn't pick up another to sell unless it was no trouble at all - not worth waiting more than 15 minutes! But it was a very curious phenomenon to witness. I have no idea how all those people knew these stores would have them. I only knew because of CAG, and based on the appearance of most of these people I'm fairly sure they aren't CAG's (I'm no youngster and most of these people were older than me).
 
I don't think anyone could have predicted the outrageous popularity of the Wii. I always figured it would run around 350 on Ebay the whole time, and never be in stock, simply b/c the DS was always running around 200-250 when it launched during the xmas season, and was never in stock, but I never thought it would garner the lines before stores are opening like it is.

The media, and the general public has almost all but forgotten about the PS3. If the ps3 actually had ANY units to sell, it might've stood a better chance, but even if there was a TOTAL MARKET FLOOD OF BOTH THE PS3 and WII, I'm almost all but certain the Wii would outsell the ps3 based on price and the "Family" Friendly nature of the console. I think it's almost easier to get a ps3 if you were mildly persistent then a wii at this point.
 
Everytime I check eBay I see 60gig systems going for around $1,000. I occasionally see auctions that drop below $900, but most are still around $1,000.

http://cgi.ebay.com/Sony-PlayStation-3-Console-PS3-NIB-60-GB-w-receipt_W0QQitemZ160058344690QQihZ006QQcategoryZ62054QQrdZ1QQcmdZViewItem

http://cgi.ebay.com/Sony-PS3-Playstation-3-New-In-Sealed-Box-No-Reserve_W0QQitemZ190058539039QQihZ009QQcategoryZ62054QQrdZ1QQcmdZViewItem

http://cgi.ebay.com/New-Sony-PlayStation-3-60GB-PS3-PREMIUM-FREE-EXTRAS_W0QQitemZ130054270740QQihZ003QQcategoryZ62054QQrdZ1QQcmdZViewItem

http://cgi.ebay.com/Sony-Playstation-3-60GB-PS3-New-In-Hand-FREE-s-h-NIB_W0QQitemZ200053227893QQihZ010QQcategoryZ62054QQrdZ1QQcmdZViewItem ($880)

http://cgi.ebay.com/Sony-PlayStation-3-60GB-PS3-Game-Console-Play-station_W0QQitemZ110061226182QQihZ001QQcategoryZ62054QQrdZ1QQcmdZViewItem

Also, I might still resell a PS3 if it's still reselling for around $1,000 since gamestop still has my preorder in. I'd plan on running an auction with BIN optional, reserve at $900, immediate payment required, only U.S. buyers with verified paypal email/street addresses, sign for delivery confirmation, tracking, overnight shipping, insurance. I'm not sure if I want to do it though, in case it loses value or if I can't get over $900, not to mention paypal fees.

Has anybody had a problem with scammers? Also, how much were the eBay and paypal fees?
 
The auctions that hit a 1,000 more often then not have extras attached like games, and such. Overall afterall is said and done, the system itself ends up in the 800-900 range. Overall, you can factor in around 9% in ebay and paypal fees as a rule of thumb from your final auction value. My ebay fees for mine were like 250+ dollars, but mine sold for 3,700 so that's an exception.

Sooo assuming a sale of 900 - 90 fees = 810. 810 - 650 = 160 profit or so. All in all, Wii's are much better for profit margin right now in terms of effort and such. If you're lucky and yours sells for a BIN of 1,000 and some will sell as some people would rather BIN then go to auction, and just pay more, then obviously you're profit margin increases. Just have to luck out and get someone who's willing to pay some rediculous price, rather then wait 4 min. for the next auction to end.

Ebay prices will not rise, based on the wii factor. If the wii wasn't aruond I would say that they might average in the 900-1000 range around dec. 14 or so, but the wii has become the MUST HAVE item,and not the ps3.
 
Kinda sucks. I just HAD TO BE number 9 in line at gamestop, and there just HAD TO BE A shortage that brought it to 8 PS3's at my gamestop..

I missed out on $2,500-$4,000 in profit.

Isn't life great for me.

I guess I'll get a Wii and or a 360.
 
[quote name='Rimmit']My ebay fees for mine were like 250+ dollars, but mine sold for 3,700 so that's an exception.[/quote]

You fuking SOB!!! I envy you :drool: When did you sell your ps3?

I will be thrilled if my ps3 sells for $1,000
 
This guy was smart. He is giving you 7 games for your ps3... problem is, that the games are crap ps2 games. It worked for him. PS3 sold for $1225...

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Link--> http://cgi.ebay.com/Playstation-3-PS3-60GB-Brand-New-Never-Opened_W0QQitemZ230058863892QQihZ013QQcategoryZ62054QQrdZ1QQcmdZViewItem
 
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