| USA TODAY
Video games: How to save money shopping this holiday season
Video games were a big hit in 2020, but the year isn’t over. Here’s how to save money on some games and consoles.
Used video games are in demand, too, They can be great gifts, as they are sold at a discounted price. And if you are selling or trading them in, used games or consoles can provide a much-needed source of funds during the holidays – even if you are shopping for a new console for yourself.
All players are not alike. One player’s old game is another player’s new treasure. For all the sellers looking to unload a bundle of games they have finished, there are buyers who may be bargain shopping for titles they’ve yet to dive into.
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Looking to buy, sell video games?
Your first consideration should likely be GameStop. The retailer has about 3,300 stores across the U.S. that buy video games and consoles – and some other devices such as smartphones – in exchange for cash or store credit, which can be used to buy new or used products.
GameStop has seen a wave of customers lately with the new consoles’ arrival and holiday deals,” said Chris Homeister, the company’s chief merchandising officer. “The combination of new hot titles and arrival of the highly anticipated PlayStation 5 and Microsoft Series X|S consoles, along with the great holiday sales events we have hosted, has indeed increased foot traffic into our stores, which have implemented rigorous safety protocols to ensure the safety of our customers and associates,” he told USA TODAY.
More GameStop customers are also taking advantage of the chain’s contactless sales procedures including online store pickup, home delivery including same-day delivery options, Homeister says.
You can use GameStop’s mobile app or website to see what your trade-in value would be. A PlayStation 4 Pro would net $175 in store credit and $140 in cash, while a copy of Marvel’s Spider-Man would be worth $4 for credit or $3.20 in cash. (You can get 10% more in value if you belong to GameStop’s PowerUp Rewards program ($5 monthly/$60 annually).
If you are shopping for used consoles or games, a PS4 Pro would cost $369.99, while a preowned Spider-Man game would sell for $17.99.
So GameStop does make money on your trades. But that’s part of business – and probably the easiest way to buy and sell used games and consoles.
“GameStop will pretty much buy anything (except sports titles that are more than 3 years old). They might give you only $1, but they will buy anything,” said Michael Pachter, who tracks the video game industry at Wedbush Securities. And the retailer “excels because it has a large inventory at every store, balances its inventory so everything is available, allows purchase online with in-store pickup, and allows gamers to find used products and have them shipped.”