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Whilst I agree the 3080ti is overpriced, the fact it's in stock for an hour wouldn't ordinarily mean it has to be a really bad price, just that there isn't the massive stock shortage we've seen of late. Traditionally GPUs will remain in stock for longer than an hour before selling out.One hour Later it's still in stock.
This shows how bad the price it
Interestingly CEX are now paying more for 3080ti than they are for 3090!
Yep, prices have been steadily dropping since late May. Just a bit odd seeing the 3090 worth less than a 3080ti, I guess it's because they have a load of stock dumped on them in May/June when they still paid over MRSP, whereas they may don't have so many 3080ti in stock.
So alert Went out for 3080ti.
One hour Later it's still in stock.
This shows how bad the price it.
Btw price is was 1050£.
Yep, prices have been steadily dropping since late May. Just a bit odd seeing the 3090 worth less than a 3080ti, I guess it's because they have a load of stock dumped on them in May/June when they still paid over MRSP, whereas they may don't have so many 3080ti in stock.
cex are going to make huges losses on those gpu's bought over launch prices unless the mining market returns which tbh is highly unlikely for at least a year if not more
Yup, I’ve been watching with interest a 6800XT plummeting in price at my local branch, not out of intention to buy, more enjoying seeing them take a hit.cex are going to make huges losses on those gpu's bought over launch prices unless the mining market returns which tbh is highly unlikely for at least a year if not more
So alert Went out for 3080ti.
One hour Later it's still in stock.
This shows how bad the price it.
Btw price is was 1050£.
I don't think it is fair to say buy prices "mean nothing" - this is the price you can get for selling them the item. It has relevance in comparison to other achievable sale prices via online auction etc. I've sold multiple items to CEX, and never bought anything, so the buy price is more relevant to me.CEX buy prices mean nothing it's the sell price that is always right, as you will see the sell price is even higher in some cases than buying new.
cex are going to make huges losses on those gpu's bought over launch prices unless the mining market returns which tbh is highly unlikely for at least a year if not more
I've been monitoring the 3090 for a while, they've had 4 in stock at the Woking branch for absolutely ages.That's what happens when you get involved in the scalping game, huge profits or huge losses.
I don't think it is fair to say buy prices "mean nothing" - this is the price you can get for selling them the item. It has relevance in comparison to other achievable sale prices via online auction etc. I've sold multiple items to CEX, and never bought anything, so the buy price is more relevant to me.
An example of why buy prices can matter is when they provide a risk-free arbitrage opportunity, i.e. you can buy an item elsewhere for cheaper than the CEX buy price, and have them as a guaranteed buyer with no risk of scamming.
Sure, if you want to use CEX as a 'price barometer', then you could look at the sell price to try and judge current market forces but saying it is "always right" I don't think is 100% true either, I mean that's the price they will sell you an item for but in my experience their prices on new items are massively inflated to the extent I wouldn't even bother looking. If you can buy an item brand new in stock for cheaper than CEX are charging, I don't see that sell prices as "always right".