Report: GameStop Increasing Trade-in Value for Used Games - NewsWilliam D'Angelo, posted on 05 August 2014 / 4,216 Views
GameStop is currently overhauling its trade-in program for used games, according to a report on Kotaku. Overall, the consumer will get 20 percent more in cash back when they sell their game to the retailer starting on August 18.
Consumers used to have to put the trade-in towards pre-orders or promotions to get the most money. However, the trade-in program will now be more simplified. You will get more money if you trade-in your games for store credit and get an extra 10 percent if you are a Power Up Rewards member.
"GameStop made the decision to simplify the trade-in pricing structure that is part of our buy-sell-trade program based on positive feedback we have received from customers and store managers," said Jason Cochran, senior vice president, pre-owned business. "We anticipate this change to be well-received by our customers as they experience the added value we are now offering them for their pre-owned video game and consumer electronic products."
"Last year, GameStop issued over $1.2 billion of trade credits with more than 70% of that applied to the purchase of new products," continued Cochran. "We want to provide our customers the best value for their trade and we believe customers will be pleased with this new simplified pricing."
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. Outside, in the real world, he has a passion for the outdoors which includes everything from hiking to having received his B.A. in Environmental Studies. You can contact the author at email@example.com.