Buying & Selling Video Games At Pawn Shops: Learn How To Win The Game

Video games are one of the top forms of entertainment because they offer a variety of ways to have fun. According to a report by Newzoo, the console video games market was $50.4 billion in 2021, which is about 28% of the entire global games market. Video games market research firm NPD Group estimates that 34% of Americans played console video games in 2021.

Newszoo video games report

NPD Group video games report

Americans buy and sell millions of console video games every year. The used video game market has grown quickly, and used video games are frequently bought and sold at stores including pawn shops, thrift stores, and GameStop.

Used video games are also traded on online marketplaces including eBay, Amazon, and Gameflip. eBay is the most popular platform for reselling video games, as it offers a wide selection of games and is relatively easy to use. Amazon also offers a wide selection of games and is a great platform for reselling video games. Gameflip is a newer platform, but it has quickly become popular for reselling video games due to its easy-to-use interface and competitive prices.

Many gamers prefer buying used video games because they are often much cheaper than buying new video games. Used video games can be found at a fraction of the cost of new video games, making them a great way to save money while still enjoying the same gaming experience. Additionally, gamers can often find rare titles or games that have been out of print for some time when they shop at used video game stores. Used video games also often have more nostalgic value, as they may have been played by previous owners or remind players of childhood memories.

Buying & Selling Video Games At Pawn Shops

Pawn shops can offer great deals to buy and sell used video games. Deal hunters often frequent pawn shops looking for underpriced bargains. Negotiating prices is common at pawn shops, which means you can often get a large discount from the list price.

Many pawn shops carry used video games, but not all pawn shops do - we recommend using our search tool to find video game pawn shops near you. Pawn shops tend to specialize in different categories like electronics, jewelry, etc.

Pawn shops will buy your old video games, too. The price pawn shops pay for video games can range from $5 to $80-100 for rarer titles. Most video games will land in the $10 to $30 range.

Factors That Influence Video Game Value

• Age: Older games tend to be worth less than newer games unless they are rare and in high demand.
• Rarity: Games that are rarer tend to be worth more than those that are more common.
• Condition: Games that are in better condition will usually be worth more than those that are in poorer condition.
• Popularity: Popular games tend to be worth more than those that are not as popular.
• Genre: Certain genres of games tend to be worth more than others.
• Platform: Games released on certain platforms tend to be worth more than those released on other platforms.
• Limited Editions: Limited edition games are usually worth more than regular editions.
• Collectability: Collectible games tend to be worth more than those that are not.

Most pawn shops do not participate in used video game trade-ins, but you can ask your pawnbroker if they would be open to a trade-in. Video game trade-in is a process in which a person trades in their used video game for a different video game, usually at a discounted price. Some used video game stores like GameStop allow video game trade-ins.

Video Game Flipping

Video game flipping has become popular over the past decade as video game enthusiasts find deals on used video games and then resell them for a profit. Some people like to buy undervalued video games at pawn shops and then resell them online for a profit. Video game flipping involves researching and finding games that are undervalued, buying them at a low price, and then reselling them for a higher price.

To maximize profits, it is important to understand the market and be aware of current trends. It is important to know how to properly grade games and to be able to spot rare and valuable games. Also, it is important to know where to buy and sell games to get the best prices. Pawn shop list prices often do not reflect the actual price - you can negotiate with the pawnbroker and get a discount.

Top Reasons For Buying Used Video Games

Common reasons people buy used video games from pawn shops include:

• Cost Savings: Buying used video games is significantly cheaper than buying new video games. You can save up to 50% or more on the cost of a game by buying it used.
• Rare Finds: When you buy used video games, you can find titles that are no longer available in retail stores.
• Better for the Environment: Buying used video games is better for the environment, as it reduces the amount of waste created by the production of new video games.
• More Fun: Finding a deal on a used video game can be rewarding and fun.