This isn't really a case of corporate rip off. It's a case of corporate "trying to make a profit".

No business that takes used products is going to give you a much better price. It's pretty much a given that if you want to sell something and get the best price, you sell it yourself. Selling to Gamestop or any other company, is simply a convenience.

i only buy new games there if im pre-ordering,never trade anything into there i craigslist them or give em away. Im going to start abusing there return policy for the torture they put people through,and they hire retards lol i much go to walmart or costco.

Sadly its just business....Did you contact them to just see out of curiosity what they would give you or where you honestly thinking about trading it in, if you actually thought about it should of expected this then and went right to ebay.

Anyway I used to work at gamestop i always told people don`t trade in unless their is a good promotion. Tho u can i will never force someone to trade something in employee`s don`t get anything special for it. Gamestop is just trying to make profit like any other business in this country.

They just suck anymore i think tho. Amazon and Steam are my choices for console and PC games.

Would you buy that system for $350? have fun trying to sell that console, especially used.

I wouldn't sell that! Use your lights less! That system is A BEAST!

It's no different than Gamestop giving gamers $15.00 store credit on new releases and then reselling them for $54.99. You're better off selling your games and systems on eBay.

So you never use it because your power bill is ridiculously high... I doubt the PS3 will be noticeable on a power bill.

The 150 is more than fair.. thats a convenience charge. Even on ebay right now theres one like you describe for $157. GameStop need to make a profit too ya know. It is not unusual to see companies profit by doubling what they pay for items....

It is ALWAYS better to sell items to the buyer and not the middleman (ie: ebay, or whatever). But like i said, its the convenience of going 5 minutes to the nearest GameStop instead of making a listing, and shipping the item yourself.

I despise gamestop.

Go sell it on ebay then?

Then sell it on Ebay and stop crying. Just because they buy it off you for $120 doesn't mean they're going to sell it or all the other PS3s they bought. Gamestop has to make money. Giving you anymore would be too much risk for them. Your choices are simple, trade it in at gamestop or don't. No need to bitch about it. At least gamestop is giving you an option. Go to a pawn shop, you'll get even less.

Edit: Tell the average consumer they should buy this PS3 because it plays PS2 games. Their response is going to be "but I want to play PS3 games." Stop acting like that matters.

Well said NewsForMe, I agree with everything you said.

I'm all for boycotting Game Stop and finding ways to screw them, but you have to realize that they are a corporation. Of course they are gonna screw you over. They wanna make just as much from the sale as you want to so they have their prices in place to make sure they are as profitable as possible. I totally sell games on Ebay now instead of getting b****slapped by some Asst. Mgr. that know nothing except how much he loves his new Kinect that the M$ rep gave him for free because we all know that Microsoft buys all Gamestop employees.

yep you were ripped off--because I had the old version of the PS3 with the 80 gig hard drive--not backwards compatible. Trade it in at my local Gamestop, and they gave me $200 credit. The same amount of dough that they gave me, I could easily sold it to my neighbor. But with the $200 redit that they gave me, I bought the new slim version. I always do my research---how about you?

I went to Gamestop with my HDMI 360 (the one that played the least backwards compatible titles), 60gb HDD, wireless controller, and wifi adapter. I wasn't expecting much but I also wasn't expecting an offer of only $40. Sold on eBay for $200. Gamestop can burn in hell, I buy all my used games on Gamefly. Their prices are always cheaper, and shipping is free, and there has never once been even the slightest scratch or smudge on the discs.

You do realise that Gamestop are essentially a pawn-shop, right? Their whole business revolves around that most basic of models. The only reason they sell new is because they have to: otherwise, people wouldn't have any games to trade in.

Obviously, Gamestop wouldn't take a new, still sealed game as a trade. It's the same reason they won't take in multiple copies of the same game, it's these subtle clues that can tip you off that the merchandise is hot. By making it company policy to not take these items, they're just covering their asses.

Next point: if I were to buy a used PS3, I'd go straight to Gamestop. Why? My next-door neighbour isn't going to offer me a one year guarantee if something should go wrong. I mean, what happens if you sell your PS3 to one of your mates and the thing breaks down one week later through no fault of his own? Obviously, he'll blame you, and feel like he's been ripped off. Going through a third party alleviates this issue.

I recommend you to keep the move starter bundle (if you dont want it) and then after a few years check the price on a collectors vg store.

I know this is a rare case but I have a friend that recently returned several unopened sealed games without a receipt and got full price. It helped that he visits that Gamestop frequently so it may have been the manager overriding store policy. I personally never experienced this. The only Gamestops by me have un-knowledgeable staff. I once heard an employee telling a customer that he "should not get the older fat PS3 because it crashes from the leap year." I think he was referring to this http://www.sitsam.com/news/...

1. $120 for a system that is sold for $350 is a very good deal. That is 1/3rd of it's sale value. In the world of reselling that is a higher margin that you would get on most items. Selling on Ebay or Craigslist is akin to having your own store front. If you are looking for an immediate sale with no need to ship or deliver you cannot compare the mediums. You're better off comparing it to a pawn shop.

2. Yes, the backwards compatibility feature DID increase your price. You misunderstand how the systems are priced. When a PS3 is looked up to be traded in it's value is based on the model. Since your model is a 80GB, 4 USB port model it is worth $120. All of the features of that model, the demand for the product, and the availability of the product have already factored into that price.

3. Yes, you have to reinstall the original hard drive. This isn't due to warranty though I do not doubt that this is what you are told. This is simply because the models are sold by their original hard drive sizes and with the wide range of different hard drive sizes that are out there, it makes no sense to have 40 listings for each model of the system based on incoming hard drive. Remember, there are also different brands and RPM speeds.

4. I find the mention of a refurbishing fee suspect on your part. Gamestop does not replace the shells of the systems. This is not policy, nor has it ever been. If you were being charged a refurb fee for taking in the system either the employee was lazy and didn't want to process it or you aren't telling us about something that was wrong with your system.

5. The new, unopened policy is real. This protects the company from taking sealed, stolen merchandise. The basic philosophy is that if you still have it sealed then why don't you have the receipt and why aren't you returning it to where you bought it from? Why would Gamestop give you $100 for a product you didn't buy from them?

Basically, you're being an idiot about the entire process. I don't like Gamestop. I think many of their corporate practices and how they treat their employees is terrible. The problem here is that you're taking a single instance of your own ignorance and trying to make it into an issue with the company itself.

Tell me again how the multiplatform strategy was supposed to fix everything. Look at your results and compare them to Nintendo, which keeps thriving with exclusives. Your loyal fans are gone. And let’s not forget the pile of IPs you purchased only to let them rot.

The worst thing is this is down from last years numbers/expectations which was down from the previous years numbers/expectations. You think about how long “down” has been a consistent part of the communication and you realize those subscriptions are what’s holding that boat together. The price cut of gamespass is still a price raise in a string of price raises. They are trying to use players to offset the missing revenue. Now call of duty is out of gamespass, which is literally WHY they bought the company. To draw people to the subscription. They realized they missed a boatload of money and that wasn’t sustainable. Now you pay for it like you would have if they never bought the company… so why buy the company? Mind you those billions still need to be paid back. Yeah it gives you a chance to say we make the biggest FPS… but the internal conversations must be brutal at high level on topics that really matter. Like revenue. Profitability. And ROI for the shopping spree.

Is this like the 10th quarter in a row they're down 33% on hardware how is that even mathematically possible. You would think their mediocrity would Plateau