Finally, the sale prices of Nvidia and AMD GPUs are starting to drop
We’re not out of the woods yet — not even close — but it looks like Nvidia and AMD GPU prices might finally come down. Tom’s gear in the United States and 3DCenter.org in Germany have charted eBay and local prices, respectively, and they each see the same thing: a substantial drop for nearly all new graphics cards made by Nvidia and AMD.
Want an Nvidia RTX 3080? Just two months ago, it might have cost you $1,773 on the street, more than two and a half times the manufacturer’s suggested retail price. As we reported in November with our own graph, this was typical of the hottest graphics cards, and Tom’s gear shows that things got slightly worse in December. But in January, those prices fell 11% at just under $1,600 on average.
The RTX 3080 isn’t alone: most other RTX 3000 and AMD Radeon RX 6000 graphics cards fell by around 5-10%, with the RX 6900 XT being the only exception whose price increased.
Warning, Tom’s gear also shows the volume sales dropped dramatically on eBay, and some cards barely traded at first: only nine units of the Radeon RX 6800 changed hands in a week. It is possible that the prices will drop because some people give up, not wanting to pay the scalping fee.
Or maybe it has to do with the plunge the cryptocurrency has taken recently. It will be interesting to see if the recent crisis leads to a dramatic drop in GPU prices, as they won’t be as valuable to miners now. Miners often sell large quantities of graphics cards when they cannot use them. This batch of eBay data is from last week, so it doesn’t contain the full impact of crypto yet.
Corn 3DCenter.org shows that the drop does not only occur when GPUs are sold on the second-hand market, but also at German retailers:
Between these two reports, it seems to bode well – although you’ll still be paying more than double the MSRP for an RTX 3060 Ti right now.
While we haven’t seen any major indications that supply has caught up with demand (these GPUs remain incredibly hard to find at extortionate prices), Nvidia and AMD have repeatedly signaled that they expect an improvement in supply in the second half of 2022.
On the console front, the PS5 and Xbox Series X are also seeing their used eBay prices drop. I’ve been running eBay numbers over the past three months, and flagship consoles from Sony and Microsoft have dropped $100 from an average price of $800 to an average of around $700. Here are the tables, in case you’re curious.