GPU price drops are bigger and faster, but be careful

GPU price drops are bigger and faster, but be careful

Graphics card prices continue to fall, falling below MSRP in most cases, and prices on the used market are positively plummeting in some cases, thanks to something of a perfect storm. to this later).

First, let's take a look at the raw statistics published by Tom's Hardware(Opens in a new tab), which regularly monitors the average prices of current generation GPUs (RTX 3000 and RX 6000) in the United States, both for retailers as for eBay (used). ) Sales, and just released a new set of numbers in mid-June.

So what we've seen in the last two weeks, since the beginning of June, is that graphics card retail prices are down 2% overall, but that average is somewhat skewed by an outlier in the form of an increase in 9%. for Nvidia RTX 3080 12GB model.

Big drops were seen, including a 7% drop in selling price for the RTX 3070 and RTX 3070 Ti, and a 6% drop when it came to the RTX 3050. Nvidia's flagship RTX 3090 Ti also dropped a 5 %.

Movement with AMD's retail graphics cards was more modest, but there was a 3% decline for the RX 6900 XT and 6800 XT, as well as the 6600 XT and RX 6600 standard.

Nvidia's graphics cards are seeing a bigger drop, in part because they haven't normalized to MSRP yet, while many of AMD's RX 6000 series have already dropped below MSRP, that's not the case with any of the major Nvidia's RTX 3000 deals.

In Nvidia's case, only the highest-end GPUs (RTX 3090 Ti, RTX 3090, and RTX 3080 Ti) fell below their recommended price (in fact, the 3090 is on par with its MSRP). All other Ampere GPUs, from the RTX 3050 to and including the Vanilla RTX 3080, are still above the MSRP at retail. Whereas for AMD, only the 6800 XT and 6800 remain above their MSRP.

When it comes to the used market, eBay's average selling prices have seen big drops (remember, this is just over the course of two weeks), with Nvidia's RTX 3060 Ti down 19% and the RTX 3080 down 17%. %, with the RTX 3070 not far behind that at a 15% decrease.

However, the biggest drop on eBay is AMD's RX 6950 XT, which dropped 21%, and the 6800 XT dropped 17%, as did the 6500 XT, and some other Big Navi GPUs saw 12% drops at 14%.

Ignoring AMD's new graphics cards - which are virtually unavailable on eBay, or barely available - eBay's overall average selling price has dropped 12%, and to emphasize this again, that's over quince dias.

Analysis: The crypto storm is raging, with major warnings about GPUs used

A combination of factors is now helping to produce these price drops, particularly in the used market, with much of it tied to the crypto market. We just saw a big drop in crypto, of course, and rapidly rising electricity prices mean that crypto mining has simultaneously been hit by major cost increases and large chunks of profitability are being wiped out.

The predictable result is that people will consider giving up their mining efforts and rush to get GPUs from auction sites to sell. Mainly because they realize others will have the same idea, and they want to avoid the rush and get a better price, before a flood of used graphics cards hits the market and drives prices even lower. .

On top of that, there are next-gen GPUs from AMD and Nvidia on the horizon, and they could go on sale in early September (we even heard a rumor that Nvidia might be rolling in August, but we doubt this). point - although a paper release could take place at this time).

Either way, it won't be long before we at least start hearing about the RTX 4000 and RX 7000 GPUs, and it will make people think twice about buying current-gen GPUs - why pick one, when you can wait. why what? Are much more powerful models just around the corner? And that will put even more downward pressure on prices.

For this reason, even if prices are falling with some momentum now, it's probably a good idea to wait longer, especially for Nvidia graphics cards which, for the most part, are still above MSRP. This situation will change quickly, no doubt, when the next generation of Lovelace is announced…

The used market is quite a different proposition, and while there are some pretty big price drops at the moment, which can be exciting, you should be careful when buying a bargain GPU that has been on a mining rig. These are graphics cards that have been running all day and pushed hard, and just like a car that has been driven hard and banged up by its owner, they have many more proverbial miles on the odometer than their age indicates, and as As a result, you are much more likely to be wrong in the future.

The second-hand market is tricky because sellers are likely to avoid claiming that a graphics card has been used for mining, precisely because they don't want to put buyers off by the concerns mentioned above, and therefore take back a used GPU at a later date. moment of Crypto miner sales are a minefield in that regard.

We strongly advise you to be careful here and suggest that rather than pull the trigger on eBay now, you're better off waiting for the prices of new graphics cards to drop much lower, which in all likelihood is what will happen as you go. this year.

Today's best graphics card deals

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