UK Video Game Trade In Price Study 2015
Trading in old video games is great way to make some extra cash. Most of us probably have a few games that have long been completed and now simply gather dust on the shelves. Unless you consider yourself something of a collector, you’ll probably like the idea of trading them in for as much cash or credit as possible.
When it comes to trading in your old games for cash, you’re not short on options. From well-known high street stores such as Game & CEX to online services such as Music Magpie and Zapper, shopping around for the best offer could result in quite a difference.
But how much of a difference are you likely to find between the different trade in options? This is the question I asked myself before carrying out this little study. Hopefully the stats below will help you decide where’s best to trade in your games.
The Video Game Trade In Price Study
For this study, I took 12 popular games from various consoles and compared the trade in value across 12 different online services.
All prices quoted are cash offers, not store credit offers. If you’re interested in buying another game with you’re earnings, look into getting store credit as it’ll usually be of greater value than the cash offer. Note that prices offered instore may also differ.
These prices were gathered from the the associated website on 30th August 2015. Trade in offers quoted are for games in Very Good to Excellent condition.
|Games Compared||Trade In Services Compared|
Note: Some of you may have used Amazon’s trade in program in the past. Unfortunately, Amazon has ended their video game trade-in program after over 5 years.
Total Trade In Offer Value
The chart below shows how much each outlet would offer me for my games. Hover over the segments to see what they would offer for the specific games. Not all the outlets accepted all the games. Where I was unable to get an offer price, I used the average offer price for that game and took away 10%.
- The Gamery offered the most for my games – £145.58
- Zapper offerd the least for my games – £85.50
- The difference in offer price between the highest and lowest offer was £60.08!
- The average offer price for all 12 games across the different retailers was £114.11
- Gamesdrop didn’t accept 5/12 games.
- Momox offered the lowest price for any single game – £0.12 for Fallout 3 (PS3)
12 Game Trade in Offer – £121 (£6.89 above average)
Games above average offer price – 9/12
CeX now has more than 270 stores across the UK. They’re usually a good choice to try if you have one local. CeX offered an above average price for 9/12 games. At the top end of the scale it offered £20 for Mario Kart 8, whilst at the other end just a measly £5 for Fallout 3 on PS3.
12 Game Trade in Offer – £137.26(£23.15 above average)
No. games above average offer price – 10/12
Sellto is a relatively new site, launching in the summer of 2014. They are a sister site to Gameseek.co.uk. They performed well in this study with 10 of the 12 games having an above average trade in offer price. They offered £18.55 for Bloodborne; £4.91 above the average offer price for the game.
12 Game Trade in Offer – 88.40 (£25.71 below average)
No. games above average offer price – 1/12
Even after entering administration in 2012, and closing many of the stores, Game is still a familiar sight on many of our high streets. Unfortunately Game performed poorly in this study, with only one game having a trade in value that was above average. You would only get £11.90 for the (at time of posting) recently released Witcher 3. The same game had an average used selling price of £29.94 (via bidvoy) on eBay.
12 Game Trade in Offer – (£4.05 below average)
No. games above average offer price – 4/12
You’ve probably heard of musicMagpie before. It’s one of the most popular online services for trading in physical media. musicMagpie offered a price close to the average for the majority of games checked. It did perform better than I had expected, offering a better price than 5 other outlets.
12 Game Trade in Offer – (£24.75 above average)
No. games above average offer price – 9/12
Tradeinforcash is an online trade-in website specialising in video game trade-ins. I’ve never used the company before, and wasn’t aware of them prior to carrying out this study. They do have some very good customer reviews. Tradeinforcash performed very well, offering the second highest offer price overall. It’s offer of £139 for the 12 games was £24.75 above the average. It offered £21 for Batman: Arkham Knight; £5.83 above the average offer price.
12 Game Trade in Offer – £110.95 (£3.16 below average)
No. games above average offer price – 5/12
The majority of trade-in prices from GamesDrop were below average. I also wasn’t able to find a number of games listed on GamesDrop (5 in total); this was their biggest issue. If you’re interested in trading in a number of games, you’ll likely want to be able to trade them all in at the same store. If you go via GamesDrop you might not be able to get offers for all your games.
12 Game Trade in Offer – £85.50 (£28.61 below average)
No. games above average offer price – 0/12
Zapper appeared on Dragon’s Den back in October 2012, where they secured a record offer of £250,000 from Theo Paphitis. Sadly, they don’t seem to pass any of that onto their customers. Zapper offered the lowest overall price in this study. Its overall offer of £85.50 was significantly below average. It offered £10.75 for Batman: Arkham Knight on PS4. The average offer price for the game was £15.17. The average eBay auction selling price for the same game was £28.
12 Game Trade in Offer – £145.58 (£31.47 above average)
No. games above average offer price – 11/12
TheGamery, which launched in 2013, was the overall winner in this study. It offered a massive £145.58 for our 12 games; that’s £31.47 above the average offer price. Of the 12 games, 11 had an offer price above average. Fallout 3 (PS3) was the only game that had an offer price below the average. TheGamery also price match online prices. If you find a better trade-in offer elsewhere online, get in contact with them.
12 Game Trade in Offer – £114.11 (£8.11 below average)
No. games above average offer price – 2/12
Winner of independent retailer of the year in 2008 & 2010, Grainger Games started as a market stall back in 1996. Grainger Games now operate over 70 stores in the North of England. In this study we found the majority of the single game offers to be below the average offer price. In-store offers may vary, so it might still be worth taking your games in for a valuation if you have a nearby store.
12 Game Trade in Offer – £120.75 (£6.64 above average)
No. games above average offer price – 7/12
GameXChange have been in operation for over 10 years, selling games through sites like eBay and Amazon. Although a relatively small UK retailer, their trade in offer was over £6 above average. We were offered an above average price for 7 of the games. We were also impressed with the overall user experience on the GameXChange site. It was easy to find trade-in prices for all 12 games.
12 Game Trade in Offer – £99.66 (£14.45 below average)
No. games above average offer price – 2/12
Although their offer prices were below average for most of the games, one thing that webuygames.co.uk has going for them is that they’ve got a nice looking, easy to use site. They’ve also got an app available for your smartphone, allowing you to quickly scan the bar-code of the items you want to trade in. Their offer of £12.50 for The Witcher 3 (PS4) was nearly half what was offered on some other websites.
12 Game Trade in Offer – £102.37 (£11.74 below average)
No. games above average offer price – 3/12
Momox is an international online trade-in service with sites serving users in Germany, Austria, UK and France. Momox offered prices just below average for the majority of games. It did offer £7.11 for Titanfall (XB1) which was £2.35 above average.
You’ll probably find that trade-in services offers are usually much lower than the prices you’d be able get by selling in an eBay auction. Like most things, the convenience of the trade-in services comes at a premium.
One thing you’ll need to consider when selling on eBay is the associated fees for listing and posting the item. The below table gives an indication of how the average eBay auction selling price compares to the average trade-in price, after these associated costs have been taken into account.
This assumes the games are listed as an auction with a starting price of 99p and free postage offered. Cost of packaging was not taken into account (this will likely amount to pennies).
Something else that isn’t taken into account is the additional effort needed to sell the games on eBay. The prices below are indicative of individual listings. If you packaged all the games together you’d likely get much less interest in your auction, although you would only need to pay the associated fees for one listing.
Calculating the fees:
eBay’s Fee Calculator – to calculate the insertion fee and final value fee
Standard Paypal Transaction Fee – 3.4% + 20p per transaction
Royal Mail Postage – £1.26 1st class postage
Average Trade-in Price Total – £114.11
eBay Average Selling Price (including fees) Total – £169.79
eBay Average Selling Price (excluding fees) Total – £221.14
As you can see, when the fees are added up, the difference isn’t quite so big.
The Gamery was the overall winner in the study. They offered a fantastic total of £145.58 for the 12 games. This is just £24.21 less than the eBay average selling price (including fees) total (£169.79). To me, the extra effort involved in selling the games in individual eBay listings would not be worth that extra £24.21.
Trade in for Cash and Sellto also performed strongly, coming in 2nd and 3rd place respectively. Trade in for Cash’s total offer came to £138.86 and Sellto’s came to £137.26. It’s worth checking all three sites for the latest prices before trading in your games.
If you would prefer to trade in your games at a local retailer, CeX‘s total offer price was above average. These were the prices quoted online however and prices offered instore may vary. Also, don’t forget that Game advertises that they won’t be beaten on trade-ins. For competitors within a 1 mile radius, Game will price-match and beat any offer by £1. This applies to in-store trade-in credit only.
Hopefully this study will help you in deciding where to trade in your games. If you know of any other online services that offers cash for your old games, please let me know in the comments. Also, if you’ve used one of the services before, please do share your experiences.