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J_Allard said:
pezus said:

Come again? I hope you can help.

To be honest I have no idea which part of that is confusing you but I will try to help.

See there is this holiday in late December called Christmas. People celebrate it by giving gifts to one another. One of the hot Christmas items this year was a PS4. There are websites where you can auction off items, like Ebay.com, and websites where you can list items for people to buy from you, like craigslist.com. Using these sites, you could sell any of these hot Christmas items and people would not only buy them quickly, but pay over the MSRP. This is due to something called "supply and demand". You see, when the demand outweighs the supply by a large margin and the products are hard to find, it makes people desperate to get them. Combine that with the Christmas element and hot dog you had an easy way to make a quick buck!

But these sales I made were pre-Christmas. It's now after Christmas, I see auctions and CL postings in my area for a lot less money than I saw before the 25th. Hell, even my last PS4 sale only got me 33% of the over the MSRP amount I'd made on the other two sales. The amount of people wanting the console has simply shrunk down by a large margin. It's not a knock against the PS4, not only is it only natural (due to this Christmas thing I was explaining earlier, please tell me if you need more help), but the Xbox One went through the same thing.

I doubt I would even be able to resell a PS4 now for the $500 I sold my last one for (which is still nearly $200 profit for me), but of course I would buy another one because even at MSRP + taxes amount I am making a cool $100 or so.

I hope that helped.

I think pezus was being curious if you had some info and didn't deserve that much sarcasm :D.

My experience selling a Day One XB1 on Craigslist even before Christmas was that nobody called until I reduced it to $470 (over $70 bucks below MSRP+ CA tax).  So that's why I felt that XB1 demand must be really bad at $499, even before Christmas.

Check out others trying to sell XB1 around my area:

 http://sfbay.craigslist.org/eby/vgm/4267216295.html $400

 http://sfbay.craigslist.org/eby/ele/4266937299.html $440

 http://sfbay.craigslist.org/eby/ele/4267858992.html $450

 http://sfbay.craigslist.org/sfc/vgm/4268072658.html $475

 http://sfbay.craigslist.org/eby/vgm/4267361965.html $480

...

xboned



My 8th gen collection