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[ars] The price gouging begins: Wii U preorders going for up to $750 on eBay

post #1 of 35
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Preorders for Nintendo's upcoming Wii U sold out at every major retailer almost immediately after they were first offered in mid-September, but you can still guarantee yourself access to the system just after its November 18 launch. You'd better be ready to pay quite a bit extra for the privilege, though.

Completed eBay listings dating back to Sept. 20 show resold preorders for the 32GB "Deluxe" system (which comes with a copy of NintendoLand and some accessories) selling for an average of $517, 48 percent higher than the $350 retail price. The eBay markup is significantly less for the 8GB "Basic" system, which is averaging $348 in pre-sale auctions, or just 16 percent above the $300 asking price. That doesn't include pricy shipping for some of the auctions, or auctions that bundle the system with games and further accessories.
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post #2 of 35
Meh, I think a lot of resellers will be stuck holding these systems. We'll see, I suppose.
    
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post #3 of 35
Not really price gouging, I'd say more like profiteering. You reserve every right to sell anything you personally own for any price whatsoever via means of garage sale/online auction/etc. with the exception of illegal goods. If someone wants to buy my pre-order receipt for $5,000 so be it thumb.gif It also looks like these were auctions and not "Buy it now" listings. Can one be blamed for the demand on a particular product that leads an auction to increase to a high final price? I sold a 4870X2 for $330 on eBay, when a brand new GTX570 cost me exactly that. A few of the bidders messaged me complaining to ME with the conspiracy that I was sabotaging the auction and competing against their bids myself with another account to price gouge (4870X2 was hard to find at the time). I was like hey man file a report with eBay and they'll investigate and decide who is right. rolleyes.gif
Edited by Stealth Pyros - 10/5/12 at 11:06am
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post #4 of 35
I'm not feeling the urge to have a wiiu on release day.
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post #5 of 35
I think there will be enough hardware to meet the demand, nintendo was pumping out 2 million Wii's a month when there were shortages
    
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post #6 of 35
Quote:
Originally Posted by Axon14 View Post

Meh, I think a lot of resellers will be stuck holding these systems. We'll see, I suppose.
I've yet seen this happen on any console launch. Would be surprised if it didn't happen this time.
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post #7 of 35
Quote:
Originally Posted by SyncMaster753 View Post

I think there will be enough hardware to meet the demand, nintendo was pumping out 2 million Wii's a month when there were shortages
When the Wii was released it was hard finding a Wii for quite some time.
post #8 of 35
round 2 eh?

I still remember when the wii came out and the prices was extremely high due to the demand. its a good thing the specs on this one looks a lot better which does appeal to a larger market.
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post #9 of 35
Quote:
Originally Posted by P3anutg View Post

When the Wii was released it was hard finding a Wii for quite some time.

The day the Wii launched I drove to a Wal-Mart in a very small town nearby, probably 6,000 people or so. I rolled up 5 minutes before open and secured my place in line to buy the Wii.....I was 3rd in line.

I asked the two people in front of me how long they'd been waiting, and they replied "all night". Lol


If you really want a WiiU, just head somewhere they've never heard of it.
post #10 of 35
Freaking hate nintendo, making me want to bu comsoles just to play zelda when i know inwould never ver. Uy any other game for it. I managed tomavoidthiswith the wii, maybe i can do it again.

I got my ds many years back by doing that, i went and grabbed one 3 days after launch at a toy store in the boondocks.
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