subject: Think About This - Why Video Games Decline Dramatically In Value [print this page] Video games are a whopping $60 brand new in the store. So why is the resell value so low on my games? Chances are as soon as you open up that new game, the price has almost dropped a third of its value. It sounds like the very same situation as buying a new car. The price just plummets as soon as you drive the car off the lot.
Then after your new game you just bought has been on the market for say 2 months, the value of the game is no more than half what you paid for it. Certain situations have seen some games say like Call of Duty: Modern Warfare 2, after 9 months after its release date still sells for over half what it cost brand new. Which is pretty remarkable in the used video game market, but this game has a huge following. Not mention is one of the best first person shooter games on the market.
So lets take a look at John Madden Football games. John Madden football games have been released every year since about 1992. So for the past 18 years they have released a game every year. Then you take into account and limited edition games or collectable games released. So if every year a new game has been released the chance are in the year 2010. Madden 08 is not a very valuable game, one could conclude the value of such a game be less than a dollar. So in just under two years Madden 08 went from $60 brand new to less than $1. Then with Madden 11 on pre-order Madden 09 has dipped to under $1 in value as well. With the value of Madden 10 hovering around $10 per copy until 11 is released.
Madden games are not the only game to take dramatic price decreases. Many sports games suffer the same loss as the madden games. EA Sports releases NBA Live every year as well, so who in their right mind wants to pay for NBA Live 99. No body, so the value of that game is probably zero. You seriously couldn't give that game away for free.
Many series like Tom Clancy's games have decreased values as well. Once again they release games every year, and make a sequels to the previous game as often as they possibly can. So the next time, you go to sell your used game and the price sounds alarming to you. Just think about what I said and put it into perspective of why you are selling the game. Chances are because you want to get the latest version or most current release on the market. All in hopes that someone will want to buy your outdated game.
