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Cheap cards vanishing?
- Thread starter smilertoo
- Start date
The bottom prices do appear to have crept up - with the large suppliers.
For example, I bought MSI GTX 1070 ARMOUR OC cards for £330 over past 3 months (on and off) - and when they kept on appearing on the site other (reputable) big retailers would respond in kind each time and drop prices - either matching or significantly lower than their initial listed price.
Unfortunately, the prices seem to have stagnated since then and middled out at £350 - VEGAs delayed release may be a factor - giving them more time to squeeze the optimum price out of the 1070 range.
For example, I bought MSI GTX 1070 ARMOUR OC cards for £330 over past 3 months (on and off) - and when they kept on appearing on the site other (reputable) big retailers would respond in kind each time and drop prices - either matching or significantly lower than their initial listed price.
Unfortunately, the prices seem to have stagnated since then and middled out at £350 - VEGAs delayed release may be a factor - giving them more time to squeeze the optimum price out of the 1070 range.
Last edited:
Soldato
- Joined
- 11 Mar 2013
- Posts
- 5,451
Funny how prices rocketed when the pound slumped (the excuse given at the time), but stayed the same or are still going up after the pound has started to recover
Not really, the £ to $ exchange rate has never properly reflected where prices should be.
Even when the pound the was close to $1.50, I don't remember GPU prices in this country being 25-30% cheaper (taking into account 20% VAT in this country and an average 5% sales tax in the US) than prices in the US..do you?
The best you could hope for was a 10-15% price differential.
Retailers in this country have always used the exchange rate to boost their profit margins over and above their normal rate, that option was taken away from them during the pounds decline, so they had to bite their lips and settle for lower profits than they'd normally make.
So now instead of passing on the (full) effect of the pounds rise to customers they're using it as a way to get back some of those profits they lost over the last 12mths...
Soldato
Funny how prices rocketed when the pound slumped (the excuse given at the time), but stayed the same or are still going up after the pound has started to recover
Pound now 1.30 again, against the dollar yet prices still going up. Scam central.
Caporegime
When 1.30 is considered a recovery you know things aren't going well
Soldato
Doesn't it go by when the cards were purchased by the retailer, the stock they currently hold?
Sometimes can take longer to be reflected in sales. OCUK will have bought stock and also secured future stock probably at a time when the pound was not so great. In future days when OCUK look at ordering and securing more stock from vendors they can strike better deals to get prices down. Other retailers may not buy as much as OCUK so they may be able to fluctuate their prices more quickly. OCUK is one if not the biggest UK E-Tailor for PC components so they have to order in large quantities.
Not defending just trying to help people understand reasoning behind it as im sure OCUK will have benefited from things like higher prices for early adopters etc. But that's like any other retailer tbh.
edit - dammit Hyperseven literally posted as i did haha. But yea that's right.
Not defending just trying to help people understand reasoning behind it as im sure OCUK will have benefited from things like higher prices for early adopters etc. But that's like any other retailer tbh.
edit - dammit Hyperseven literally posted as i did haha. But yea that's right.
Caporegime
OCUK don't pay for the stock straight away.
They buy at X price, and have to pay it back at Y time.
They buy at X price, and have to pay it back at Y time.
Associate
Any excuse to take every penny possible from the consumerFunny how prices rocketed when the pound slumped (the excuse given at the time), but stayed the same or are still going up after the pound has started to recover
Associate
Funny how prices rocketed when the pound slumped (the excuse given at the time), but stayed the same or are still going up after the pound has started to recover
Told ya Brexit was just some conspiracy, for the real purpose of making money.
Soldato
There's not that big of a market for top end cards, and once those who are desperate or serial upgrader's and the thrill has worn off, they have to shift the excess stock before it becomes a liability.
Be nice to see if the strix 1080ti gets a nice reduction next. Can't imagine many people affording the top flight cards.