Best Buy Gets In On Kiosk Game-Trading Action
Not to be outdone by Wal-Mart, Best Buy is rolling out a used-game kiosk program that sucks up your abandoned discs and spits out store credit in return.
At first glance the program seems a bit more appealing than Wal-Mart's, which makes you wait a few days for a credit to show up on your credit card account, and gives it the instant gratification of trade-in market dominator GameStop — with the added bonus of being able to spend your credit on non-video game stuff.
Best Buy's program is starting in Texas stores this week, and according to an analyst quoted in a GameSpot (not to be confused with GameStop) story says Best Buy's move won't hurt GameStop:
In a note to investors this morning, Lazard Capital Markets analyst Colin Sebastian downplayed the impact the kiosks would have on current used-game market leader GameStop.
"Expect Best Buy's used game initiative to expand market," Sebastian said. "While we believe that Best Buy's entry into the used video game market will create a new overhang on shares of GameStop, we expect Best Buy's initiative to expand the used video game market rather than take significant share from the specialty channel."
So is he right, Consumerists? Are any of you hoarding a stack of used games you'd never take into GameStop and are saving for a Best Buy run to knock a few bucks off that 52-inch plasma you've been eyeing?
Best Buy testing used-game buyback kiosks [GameSpot]
(Photo: epicharmus)
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Comments:
I, irrationally, horde my games like odd treasures from a world I could never return to if I wished. Trading in seems like a good idea considering I beat most games in a day or two but for some reason I cant part with them.
However! That being said, if I had to choose, I have to go with BB as the lesser of the three trade-in evils.
@Jeremy82465: I'm the same way. I'm not a gamer anymore, but I was always hesitant to sell my games (or CD's or whatever) when I was done with them as getting ~$5 back for something I originally paid ~$50 for always seemed like such an insultingly bad deal, I would forego the $5 in the hopes that I would one day use it again and get some more value from it. I suppose it's just an emotional connection more than anything.
@mizike: Same way for me too. I have my old NES packed up in the garage with all my old games, along with various other consoles and games I've owned. The only console I never felt attached to was my Sega Saturn. I sold that and all the games on ebay.
I passionately hate Gamestop. But with Goozex out there, who needs em?
In a completely selfish addendum, here is my referral link for Goozex, in case anyone wants to try it. But feel free to just go to the core url if you wish. [www.goozex.com]
@Joeb5: They'll probably required to let the kiosk scan their license before it allows them to do a transaction. That way, if the items were originally stolen, they can prosecute the thief and nullify their credits.
@anduin: That's funny because GameStops have specific "New Game" sections. Maybe you just weren't looking hard enough?
@squinko - doesn't need firefighters: But if you have a forged license or find some other way to "game the system"...
@Radi0logy: May I ask why you hate Gamestop? I know their trade in values aren't too hot but I'm curious.
@downwithmonstercable: @temporaryerror:
I hope they accept any games current consoles and old ones.
I have about two milk crates full of sega saturn games.
@downwithmonstercable: My NES and SNES shall never leave my side. They rocked then and they still rock now. Those are pieces of my childhood right there.
@dragonfire81: I had an extended issue with them last year. Without going into a very long, drawn out rant (which would be fun, believe me) - It took a month and a half of me calling the area district manager on a semi-daily basis to effect the return of a defective controller.
Originally I just wanted an exchange - After the nightmare they subjected me to I won't walk in one of their stores ever again.
Any time a business starts or gets into a used whatever business, the customer will rarely benefit from selling their wares to that business. It doesn't matter if it's GameStop, Game Crazy, Wal-Mart, Best Buy or some mom and pop place down the road, they will never offer anything fair to the customer. It will always be bought as low as possible and sold as high as possible to make the largest profit possible. If you have stuff you want to sale, stick it on eBay or Craigslist. You may not get rich, but you fare better.
@dragonfire81: Stolen stuff is constantly traded in for cash at GameStop. CONSTANTLY. That's why they stopped giving cash for DVDs, since every Tuesday, like clockwork, a few people would come in with perfect copies of every DVD that was just released that day. And you can't accuse them of shoplifting, not that GameStop cared really.
@NeutronDecker: Sweet lord, don't give those to best buy. Sell them on eBay to people who might actually play them
@QuiteSpunky: That's the best deal, especially if you can get a lot deal with 4 or 5 games that you really want.
@sonneillon: Totally. I've found if you can wait a few months for the hot new games to cool off, you can more or less break even on buying and selling.
@squinko - doesn't need firefighters: If you steal a PSP system, toss the packaging and bring the system and the charger to Gamestop, they will take it in 99% of the time.
Unless you have sealed product, they don't usually turn away trades. Managers are under constant pressure to keep the trade in numbers high at their stores, and aren't really given a lot of incentive to heavily scrutinize product that comes in for trade.
@NeutronDecker:
Firstly they won't give you squat for those titles. It may be more worth it to you to sell those and gain the storage space back, but they wont give you squat. I was at gamestop once listening to two employees talk. One said that earlier that day someone came in to sell some games for an older system and that gamestop would only be giving him a few dollars total for them all. The employee just gave him about 5 times that for the stack of games.
Sega Saturn games are totally worth selling on ebay, or message me I'm a game collector and could always use to expand my saturn library.
@Jeremy82465: I, too, hoard all my games. Mostly because it ticks me off that, just like college textbooks, they give me a buck for something that cost me $50, then they turn around and sell it for $45. I'd much rather turn those games into coasters than get ripped off at trade-in.
@GMFish: @QuiteSpunky: Not to mention that the employees are insultingly...well, insulting. I stopped going 4 years ago when I got fed up with the eye-rolling and questions about who I was buying for. No, I don't have kids and my husband hasn't played since Space Invaders. Yeah, GameStop employees, some 30-year-old women like football and combat games, too (try talking to a real-life, in-the-flesh, human girl some day and you'll get that).
@dragonfire81: It will only take disc-based games. Currently, you'll get PS3, PS2, Wii, XBOX 360. No PSP or DS because they're cartridge based. What this kiosk will do is scan the disc and grade it based on the level of scratches and give it a value accordingly. It's all done automatically.















I hope that it gives you the price quote with the option to decline, rather than just rolling the dice. Also, what platforms do they accept?