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Selling GPU to CEX

Don't begrudge the company a nice profit when we are able to sell tat to them, a RETAILER, for way more than any of this stuff should be worth. I checked my 3080 a week or so ago and they were offering £1100 or something when I bought it for £649. If we really care about what other are paying then we should surely be finding a gamer to sell to at less than what we paid :) or a fair price for older tat. We're just as guilty surely ? :D But it's the old supply & demand story :)
I haven't sold anything but hardly gaming and must admit it was tempting!
 
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kjaerligkatt said:
I’ve read some people claim that the amount they were offered initially by CEX was reduced (significantly) after dropping off the item, and that there is no way to get your item back, and withdraw from the sale, once you’ve committed. Their T&Cs seem to support this practice. Has anyone experienced this.
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No - I don't see how that can be the case. When you agree the sale you have to tick a box that says they can reduce the price by £5 based on condition. If they say they will give you less than that, then you MUST be able to withdraw from the sale surely. Otherwise you give them a £2000 PC and they say "sorry pal it's worth £0.01, here's your penny, you aren't allowed your PC back".

As mentioned above normally it works the other way, they 'overpay' you compared to their current valuation if you placed the sell order within the past 3 days. I sold an item to them and got £182 more than the valuation at the time I actually dropped it off.
 
HangTime said:
No - I don't see how that can be the case. When you agree the sale you have to tick a box that says they can reduce the price by £5 based on condition. If they say they will give you less than that, then you MUST be able to withdraw from the sale surely. Otherwise you give them a £2000 PC and they say "sorry pal it's worth £0.01, here's your penny, you aren't allowed your PC back".

As mentioned above normally it works the other way, they 'overpay' you compared to their current valuation if you placed the sell order within the past 3 days. I sold an item to them and got £182 more than the valuation at the time I actually dropped it off.
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That 3 day offer guarantee is looking expensive for them to keep running. 24hr.`s seems more logical or base it on item value for example 3 days for £200 or less
 
Thanks for the replies regarding CEX honouring their agreed pricing. With the current state of EBay, I might well give them a try - I’ve got far too much older kit just sitting on shelves collecting dust!
 
Just got rid of my EVGA 1070 to CEX. Quick, simple, easy and I set up my account so they just bank transferred me the 250 odd quid a couple of days later.

Big fan.
 
Within the 3 days they have to honour the original price, if you stipulate you are happy for it to change by £5 then it can just go through but within that value. Otherwise, they should be contacting you to check you're okay with the change. Positive or negative, or you could entirely change you're mind at that point.
 
shamus21 said:
That 3 day offer guarantee is looking expensive for them to keep running. 24hr.`s seems more logical or base it on item value for example 3 days for £200 or less
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Yeah you could literally keep putting sell orders through every day to keep extending the valuation 3 days ahead, until they drop the price then you take the item in. Basically means you get a free loan of the item until such time as the price drops but you are protected against that by the 3 day leeway. Obviously only works if you are confident you can drop off the item at the designated store within 3 days though (e.g. if your household has to go into self-isolation, you're screwed).

kjaerligkatt said:
Thanks for the replies regarding CEX honouring their agreed pricing. With the current state of EBay, I might well give them a try - I’ve got far too much older kit just sitting on shelves collecting dust!
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Bear in mind a lot of items they don't pay much for. Most of my dust-gathering kit isn't worth selling to them, better off with ebay or other marketplaces for most old stuff I think. I mean if I take my 3rd PC (3570k / GTX470 / 12GB RAM), they will pay like £10 for the CPU, £7 for the GPU, £3.40 for the RAM etc. Less than £50 for the whole system I reckon, better off keeping it as a backup, running a media centre, or selling it locally as a low end system or whatever. 20p they pay for a 2GB 1600mhz DIMM, it will literally cost more than 40p to take two of them to a store!
 
HangTime said:
Bear in mind a lot of items they don't pay much for. Most of my dust-gathering kit isn't worth selling to them, better off with ebay or other marketplaces for most old stuff I think. I mean if I take my 3rd PC (3570k / GTX470 / 12GB RAM), they will pay like £10 for the CPU, £7 for the GPU, £3.40 for the RAM etc. Less than £50 for the whole system I reckon, better off keeping it as a backup, running a media centre, or selling it locally as a low end system or whatever. 20p they pay for a 2GB 1600mhz DIMM, it will literally cost more than 40p to take two of them to a store!
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Yes, GPUs are an exception right now, but the things I'm looking to sell appear to attract reasonable value (recent generation iMacs, iPads, etc), and avoids the the lottery Ebay has become. Yes, less money but high value items are always risk to sell through the Bay, their costs for selling have gone up and you have to deal with the shipping hassle. I like like simple, and there is a cost involved in that :-)
 
kjaerligkatt said:
Yes, GPUs are an exception right now, but the things I'm looking to sell appear to attract reasonable value (recent generation iMacs, iPads, etc), and avoids the the lottery Ebay has become. Yes, less money but high value items are always risk to sell through the Bay, their costs for selling have gone up and you have to deal with the shipping hassle. I like like simple, and there is a cost involved in that :)
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Just sell on websites that do locals. cash on collection or you can drop off / deliver if it helps the only issue with this is, you get a lot of time wasters.
 
Sorry for the thread bump, but I was wondering if anyone here has had experience of buying a second hand GPU from CeX?

Curious to know anyone who has done that. What condition was it in, were all accessories supplied etc? Any problems?

Cheers. :)
 
LtMatt said:
Sorry for the thread bump, but I was wondering if anyone here has had experience of buying a second hand GPU from CeX?

Curious to know anyone who has done that. What condition was it in, were all accessories supplied etc? Any problems?

Cheers. :)
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matt i have used cex since i was around 19 i think there great.
i recently sold my 1080ti to them and got lucky and got a msi 6800 xt gaming trio from the same store it was brand new seal still on the gpu
very happy.
ive also got loads of 2nd hand pc sruff from them before second hand.
gpu cpu etc..
i also 3 weeks ago got my 2tb sabrent rocket q4 pcie4 ssd from them no complaints at all
i 100% recommend them :)
 
aachil said:
matt i have used cex since i was around 19 i think there great.
i recently sold my 1080ti to them and got lucky and got a msi 6800 xt gaming trio from the same store it was brand new seal still on the gpu
very happy.
ive also got loads of 2nd hand pc sruff from them before second hand.
gpu cpu etc..
i also 3 weeks ago got my 2tb sabrent rocket q4 pcie4 ssd from them no complaints at all
i 100% recommend them :)
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Thanks, that sounds good. Interesting that the GPU was brand new and sealed.
 
ya i was quite lucky they had 2 of them in stock at the time
one didnt have the seal on it. defo second hand
the other was sealed same price..
so it was a no brainer
 
djsco said:
Thanks for the quick reply,

I'm hearing some horror stories about sellers and buyers of GPU's on ebay even at "buy now"

genuinely don't want to screw anyone over but the levels of suspicion in the online marketplaces right now are crazy, I'd imagine it's easier to sell an actual human being right now,

that's why I'm thinking CEX, but this mob look like they're just legalised scalping so wanted to see the boards opinions on them.
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What are you hearing?
 
He's not been on the forum for nearly 5 months, so you probably won't get an answer from him.
I think the point is with expensive gfx cards like that some people are put off selling on ebay due to refund scams and lack of protection. I've sold 3 GPUs this year, two to CEX and one to ebay simply because CEX weren't competitive enough on price at the time for that card (RX480) and it was worth taking a risk with an older GPU.
 
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