We're almost a year since the Xbox Series X|S launch and scalpers are still managing to soak up what little stock there is. People are still struggling to pick a console up easily without paying over the odds. If you were hoping to grab one anytime soon, it seems those dreams may have to be put on hold, as the reselling price for Xbox Series X systems is still said to be very high.
This is according to a report by Forbes, which claims to have gathered data from the secondary market StockX. It's said that sales of the PS5 via resellers have fallen almost 30% since their peak, but Xbox Series X is still going strong.
While the Xbox Series X boasted an incredible $750-$800 resale price, it later dropped 25% to $600 in July. However, the past month has seen a stark contrast, as it's said the average price is now rising back up to $725. It's unclear whether the announcement of the Halo Infinite Xbox Series X console had an effect, but StockX’s senior economist Jesse Einhorn suggests the reason is that there were far fewer Xbox Series X restocks compared to PS5s and "as a result of their relative scarcity, prices on StockX increased".
It seems as though there are no signs of the scalping market slowing down, especially with the news that the global chip shortage may last until 2023. If you see one available at your retailer, it may be best to pick one up when you can.
Have you managed to avoid paying over the odds for a next-gen system? Let us know in the comments below.
[source forbes.com]
Comments (22)
I mean...yay?
Congrats that scalpers are sill [expletive]?
Scalpers are the scum of the earth..
This must be for America then as in Europe/UK the ps5 is still priced higher on ebay
In my experience, it's very much difficult for me to find a Series X than a PS5. I'm here in the States. Series S is actually kind of easy to get. Unfortunately that's not the SKU I want. I want the Series X. Hoping one comes available.
These scalpers are something else.
@UltimateOtaku91
I imagine so, as Europe is a much stronger market for PlayStation than the US.
In the UK, if you sign up to a stock notification website you can get either console at RRP with a few weeks of patience.
Bought a series s at a retailler at the msrp and very happy with it.
@BionicDodo Definitely agree with you there. Got a Series X at launch but after failing for months to get a PS5 I got one within 2 weeks after signing up for stock alerts.
I got a Series X last year and paid retail price for it and my roommate found a Series S at Walmart a month ago. So they are out there without having to go through a scalper.
@enigk @bionicdodo same in the US I tried for 2 months and nothing. Signed up for stock notifications and got 1 decently easy the same place I got my series X at target a few days later. Good to have both.
@SplooshDmg @uptownsoul I think Phil did say the Series S was going to be a low volume machine at the start of the generation but will pick up the pace as time progress.
@Gr81 Was stock notification did you use?
The series S is always in stock every where and even on ebay can find one for £160-£180.
Makes me think was the series S even worth Microsoft making, the demand obviously isn't there and Microsoft could of used the parts to ale more series X Consoles
The series X at CEX has stayed the same since January at £650. The PS5 has dropped from £815 in January to £695. Was an expensive January for me.
@p3nguinprisM the telegram for nowinstock.net. I helped 2 coworkers get 1 too off that. Just gotta be ready immediately when they send it
Again, absolute joke of a article-which may I add is kind of the running thing on purexbox. I mean I understand writing articles, but the usual articles comparing anything to do with Sony helps this site to get the usual fanboys on here to prop up the comments section. I only recently got onto to Xbox. The one s was my 1st Xbox console & it won’t be my last. Gears,halo & forza will always mean I’ll always have a xbox. I’m currently trying to get my hands on a series x. But it’s time for me to find another ‘Xbox’ site. And I’m not knocking the majority of people on here-who I feel are good. Just that this article & the others on purexbox are just written to get the usual toxic fanboys cluttering up the posts. Anyway-that’s me done for Purexbox now. I doubt this will be noticed by anyone-but if you guys have ever replied to a post of mines, thanks for being polite & accepting of my opinions. Laters!
@Gr81 Thank you!
because the XSX is better than the PS5
Several times a week I go to the store and hope to find her, but nothing, always out of stock...
On the internet impossible to validate the payment, it is out of stock when I want to pay.
And I can't play the xbox one fat because my controller just disconnects all the time.
I'm going to wait until October and if it's still not there, I think I'll take a SS until I find a SX.
UPDATE : Yesterday evening, I was finally able to order it, available on the xbox website in France 🥳
Delivery around the 17th.
Christ that Forbes article is one one of the worst offenders for "how to lie/spin with statistics"... what a non article!
If you parse through all the BS what it says is currently in the US only second hand prices are approximately (to be taken with a huge pinch of salt)
And that both PS5 consoles have dropped more in terms of percentages from a higher point. It's called supply and demand, not much to see here.
@Cyrus29 glad you're enjoying your Xbox, sorry to see you go but I do understand. Some of the articles here are click bait, I get annoyed when another website does an interview and PureXBox and Nintendo life do a series of articles covering each comment, stop catering for the TL;DR crowd and write a full length piece ffs.
Anyway, to the matter at hand here. I'm still stunned that there is a market for scalers, how many people out there need a console for this price? With a little patience you can get hold of one of these.
It's like Turboman all over again I guess.
I managed to get my Xbox Series X and my Xbox Series S at retail prices, I wouldn't give in to those pathetic scalpers!
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