Why is my GTX 1070 card worth $200 more than when I bought it 3 years ago????

Discussion in 'Videocards - NVIDIA GeForce' started by Size_Mick, Jun 6, 2020.

  1. Size_Mick

    Size_Mick Master Guru

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  2. sykozis

    sykozis Ancient Guru

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    A lot of it has to do with current world conditions.....

    New GTX1070's are going for $500+.... Used (or refurbished) are going for $250 - $490..... Anything above $300 is a rip off though on a refurb card.

    The value of YOUR card hasn't gone up. The price of NEW cards has....
     
  3. Size_Mick

    Size_Mick Master Guru

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    Well, I didn't mean it like that. I just think it's odd that the price is so much higher than it was back then. It *should* be less than $200 total by now, not $200 more. You know, if things were anywhere near historical norms.
     
    AsiJu likes this.
  4. sykozis

    sykozis Ancient Guru

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    price gouging due to supply constraints caused by current world conditions....
     
    Halfmead likes this.

  5. The Goose

    The Goose Ancient Guru

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    That is the norm for pc hardware in general but mainly for gpu`s, also ram and ssd prices fluctuate like a yoyo, i paid £300 for my Corsair MP600 2tb less than a year ago....now they sell for over £450....nearly 600 in some stores except for in Germany.......https://www.ebay.co.uk/itm/Corsair-...191961&hash=item4457742044:g:SQ8AAOSwKtVefC0h, i also paid £160 for my mp600 1tb a few weeks ago and now they are £240+, its a case of buying at the right time and trying not to sell at the wrong time, my previous gtx 1070ti i lost maybe £30 when i sold it but got my 2080 ventus for £630 which is lower than the current asking price by £100+ in some places.
     
  6. Undying

    Undying Ancient Guru

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    Used 1070's are 200$ which is not bad.
     
  7. jbscotchman

    jbscotchman Ancient Guru

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    You would think older cards would be selling for much cheaper, but for some reason if you try to buy one brand new the prices are ridiculous. Been like that for years on newegg.
     
  8. Size_Mick

    Size_Mick Master Guru

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    Wow, if this is the trend, how much must my IBM 5150 be worth by now!?
     
    AsiJu likes this.
  9. Irsh

    Irsh Member

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    Most of the ridiculous price gouging on Newegg is from the resellers there not Newegg.
     
  10. CyberSparky

    CyberSparky Active Member

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    I've seen the same thing back in the day with my 670 FTW 4GB cards. I paid almost 400$ a piece for them. A year or so later I noticed the price that they were going for was slightly higher than what I paid so I sold one of them. I figured it was due at that time because lack of those specific cards on the market and people looking for an option to SLi with their currently owned card.
     

  11. WhiteLightning

    WhiteLightning Don Illuminati Staff Member

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    wow maybe i should sell my 1070 and get a newer card.
     
  12. wavetrex

    wavetrex Maha Guru

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    Amazing how some people are not capable to recognize a scalper in an online marketplace ...
     
  13. 0blivious

    0blivious Ancient Guru

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    I noticed that about my gtx1070. The prices were absurd, a full 4 years later. I still blame the mining craze.

    I bought a 200hz ultra-wide monitor for $250 in January. It was a brand new model at the time. It retails everywhere now for $400+ and has been for over 3 months.

    The 2TB m.2 drive I bought retail, 2 years ago for $204? It retails for $268 now.

    Pricing is bizarre for a lot of tech items. Know what you are buying and you can wade through the murky pricing and find a deal.
     
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