Which? survey shows secondhand stores paying peanuts for trade-ins

By Stephany Nunneley, Tuesday, 4 January 2011 18:04 GMT

damnit

Consumer group Which? has found some retailers which accept used games pay less than 30 percent of the game’s total retail worth.

Which?’s findings were concluded after trading-in various titles of varying ages to different retail outlets, and found that GAME – as one example – offered £16.70 for a “mint condition” three-day old copy of Call of Duty: Black Ops, which would run a consumer £44.99 brand new.

The survey also found that secondhand store CEX offered the best prices for cash or credit trade-ins, with GAME and Blockbuster handing out the lowest numerical trade-in value.

Mark-ups on the used products were shown to be astronomical in some instances, with Blockbuster handing over £6 for a used copy of Red Dead Redemption, before selling it on for £29.95.

Thanks, GI.biz.

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