Hard Drive Pricing going up at an alarming rate!!!!

Well I found an F4 at a reasnoble price but just had it cancelled by the supplier, my NAS will have to wait as I am unwilling ti buy at these prices.

:(
 
It depends.

If you were to sell one HDD, there shouldn't be any problems, even if in reality you are making a hefty profit on it.

On the other hand if you are to buy dozens of hard drives and flog them on Member's Market at an overinflated price in hope of getting rich, I doubt you will be allowed to use the MM again.

As far as I'm aware profiteering isn't allowed even if it's "selling at the going rate". The mods have stopped people reselling items for £10 more than they were bought for previously. Someone who won an overclockers mug wasn't even allowed to sell it for more than the postage cost.
 
Was looking to add 2x2tb in raid set up to my media machine after xmas but with prices going up bit the bullet and got 2 of ** No competitor Linking *** for £65 whilst i could
 
Colleague of mine has had all his hard drive purchases from play.com refunded due to the floods (specifically).
 
Hi there

Just had new pricing this morning as we've had to re-buy and lets just saying its shocking, all our re-buys are higher than our current website pricing.

At this rate 2TB's will be £120ish come Christmas if supply does not improve. :(
 
Hi there

Just had new pricing this morning as we've had to re-buy and lets just saying its shocking, all our re-buys are higher than our current website pricing.

At this rate 2TB's will be £120ish come Christmas if supply does not improve. :(

Santa will get me one for free :)
 
2TB for ~ £120, and it's like the world is coming to an end ! :rolleyes:

I know it's all relative, but how much would you have paid for 2TB just a few years ago ?

If you think that paying a bit more for a hard drive is bad news, have you seen the price of buying/renting a home these days ? And try feeding yourself, or filling your car with fuel.
 
2TB for ~ £120, and it's like the world is coming to an end ! :rolleyes:

I know it's all relative, but how much would you have paid for 2TB just a few years ago ?

If you think that paying a bit more for a hard drive is bad news, have you seen the price of buying/renting a home these days ? And try feeding yourself, or filling your car with fuel.


Very true, but when it comes to PC components everyone is of the daft belief prices only ever go down and everybody wants everything for nothing.

Yes the increases are big, 2TB's were close to £50 just over a week ago, now they are £90 and approaching over £100, so they have massively gone up.

But yes in reality £100 or even £150 is not a lot of money for a 2TB when you look at how much storage used to cost in the past.
 
2TB for ~ £120, and it's like the world is coming to an end ! :rolleyes:

I know it's all relative, but how much would you have paid for 2TB just a few years ago ?

TBH it is shocking, I bought a 2TB Sammy F4 when they first came out and I only paid £87 for it then!
 
2TB for ~ £120, and it's like the world is coming to an end ! :rolleyes:

I know it's all relative, but how much would you have paid for 2TB just a few years ago ?

If you think that paying a bit more for a hard drive is bad news, have you seen the price of buying/renting a home these days ? And try feeding yourself, or filling your car with fuel.

They haven't gone up 120% over a month though.
 
Very true, but when it comes to PC components everyone is of the daft belief prices only ever go down and everybody wants everything for nothing.

Correct.

I don't think people belief that PC component prices only ever fall is daft, as it is based on past experience.

It must be a bit of a difficult task for suppliers such as yourselves, dealing with products that consistently fall in price. If you overstock on a product, and fail to shift it, I imagine you could make a loss. I suppose with low prices (and low margins), you rely on fast and high turnover. Although higher prices may harm your turnover, in the long run it could be good news for retailers, as they will not have to worry too much about stock that doesn't sell quite so quickly.
 
They haven't gone up 120% over a month though.

I doubt that hard drive prices will continue to rise at that rate (if they did, then I might actually agree that it is shocking).

I suspect that the factories will be cleaned up and will be back in production in the fairly near future. In the meantime, hard drive prices will be higher than we're used to. If you need an extra TB or two of storage space, then maybe it might be worth deleting a bit of junk data before splashing (nice little flood based pun there) the cash.

I was considering adding a 2TB dive to my system. Not that I was running out of space, but because it would be useful to consolidate the data from my other smaller drives. I'll probably just manage with what I have got, and consider adding a new drive at a later date. However, if I did have to pay ~£100 for a couple of TB, I reckon that would still be a reasonable price. We have been spoiled by low storage space costs.
 
Correct.

I don't think people belief that PC component prices only ever fall is daft, as it is based on past experience.

It must be a bit of a difficult task for suppliers such as yourselves, dealing with products that consistently fall in price. If you overstock on a product, and fail to shift it, I imagine you could make a loss. I suppose with low prices (and low margins), you rely on fast and high turnover. Although higher prices may harm your turnover, in the long run it could be good news for retailers, as they will not have to worry too much about stock that doesn't sell quite so quickly.

Fortunately they don't just fall, its a very volatile market with both ups and downs though the general trend is normally downwards, but this year has been a little different to the norm.

It works both ways it prices fall and we have old stock yes margin decreases, but at same time if pricing trends move upwards then our margins increase if we've been smart enough to purchase more stock when the pricing was lower. :)
 
I doubt that hard drive prices will continue to rise at that rate (if they did, then I might actually agree that it is shocking).

I suspect that the factories will be cleaned up and will be back in production in the fairly near future. In the meantime, hard drive prices will be higher than we're used to. If you need an extra TB or two of storage space, then maybe it might be worth deleting a bit of junk data before splashing (nice little flood based pun there) the cash.

I was considering adding a 2TB dive to my system. Not that I was running out of space, but because it would be useful to consolidate the data from my other smaller drives. I'll probably just manage with what I have got, and consider adding a new drive at a later date. However, if I did have to pay ~£100 for a couple of TB, I reckon that would still be a reasonable price. We have been spoiled by low storage space costs.

120% increase is shocking, but understandable, no one is disputing that I don't think.
 
The way things are looking this 120% may come closer than originally thought. We could potentially see a 3x increase in HDD by January. :(
 
Surely this affects OCUK sales massively? I would have thought a lot of systems won't sell now due to lack of HDDs available? I've not seen price rises forcasted like this throughout my whole life of buying computer hardware. I mean I have seen ram rise and fall etc, but this looks set to be quite bad. I mean it is bad already. I wonder if anyone managed to bag a load of stock to ebay off in a months time at vast profit. I know I couldn't afford to. I bought 4 and they were all for friends builds I am about to do.
 
The way things are looking this 120% may come closer than originally thought. We could potentially see a 3x increase in HDD by January. :(

Will manufacturers keep a supply spare for processing returns/replacements if they fail under warranty? Where do we as customers stand if we bought say a 2TB last week and it fails in say 2 months time and they have no stock? Would there be a breach of contract there if they literally cannot supply a replacement? I'm just curious how it would work.
 
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