Newegg Introduces GPU Trade-In Program
Newegg has introduced a GPU trade-in initiative, providing gamers with the opportunity to exchange their old graphics cards for a predetermined monetary value. Typically, such trade-in programs may not be the optimal choice compared to personally selling the card. However, there is a group of gamers who would rather prefer to avoid the complexities of selling their cards independently, opting for the convenience of a third-party service. This specific group is the primary target of this new program.
It’s important to note that not all graphics cards will qualify for trade-in, as the eligibility is determined by the SKU and a list curated by Newegg. It appears that only GeForce RTX 20/30 and Radeon 5000/6000 models are currently eligible for trade-in. Additionally, the value may vary depending on the card’s condition, with Newegg potentially reducing the offered amount accordingly.
According to Newegg’s posted list, the RTX 3090 is valued at $561, while the RX 6950XT can yield $375 when traded in. It’s worth mentioning that Newegg sells refurbished RTX 3090 cards starting at $831, representing a substantial markup of approximately 48%. Nevertheless, Newegg assumes responsibility for the entire reselling process.
How Newegg Trade-In Works
- Shopping for a New GPU and Eligibility Confirmation: Customers interested in acquiring a new graphics card in exchange for their GPU can find a banner on most graphics card product pages on Newegg.com. A pop-up form enables them to verify whether their graphics card qualifies for the trade-in program. An easy-to-complete form collects details like chipset, model and brand.
- Preliminary Offer and Shipping to Newegg: Based on the customer’s submitted information, an initial shopping credit offer for a new graphics card will be shown on the website. If the customer decides to accept the trade-in offer and also purchases a new graphics card on the website, a prepaid shipping label and instructions will be emailed. This enables customers to send their graphics card to Newegg at no cost within 14 days.
- Evaluation and Credit Disbursement: Upon receiving the graphics card, Newegg will conduct an inspection to ensure it matches the submitted information. Once verified, the customer will receive a credit in the amount of the offer applied to their new graphics card purchase. The credit will be refunded to their account via their original payment method. However, if the information provided is inaccurate or Newegg declines the customer’s graphics card submission, no credit will be issued and the graphics card will be returned to the customer.
If an item fails to meet the retailer’s specified criteria, it will be declined, and customers will have the item returned to them. While Newegg covers the shipping costs for the initial trade-in, if the item is rejected, customers will be responsible for the return shipping expenses.
In general, this program offers an alternative to selling graphics cards independently. However, it’s important to note that the trade-in values assigned to certain GPUs may appear remarkably low.
|Trade-in Value of GPUs|
|NVIDIA MODEL||Estimated Trade-in Value||AMD MODEL||Estimated Trade-in Value|
|RTX 2060 6GB||$90.00||Radeon RX 5500 XT 4GB||$30.00|
|RTX 2060 SUPER 6GB||$110.00||Radeon RX 5500 XT 8GB||$30.00|
|RTX 2060 SUPER 8GB||$110.00||Radeon RX 5600 XT 6GB||$50.00|
|RTX 2060 12GB||$100.00||Radeon RX 5700 8GB||$70.00|
|RTX 2070 8GB||$120.00||Radeon RX 5700 XT 6GB||$75.00|
|RTX 2070 SUPER 8GB||$140.00||RX 6400 4GB||$61.00|
|RTX 2080 8GB||$160.00||RX 6500 XT 4GB||$77.00|
|RTX 2080 SUPER 8GB||$180.00||RX 6600 8GB||$94.00|
|RTX 2080 Ti 11GB||$200.00||RX 6600 XT 8GB||$108.00|
|RTX 3050 8GB||$115.00||RX 6650 XT 8GB||$132.00|
|RTX 3060 8GB||$143.00||RX 6700 12GB||$153.00|
|RTX 3060 12GB||$152.00||RX 6700 XT 12GB||$174.00|
|RTX 3060 Ti 8GB||$176.00||RX 6750 XT 12GB||$208.00|
|RTX 3070 8GB||$209.00||RX 6800 16GB||$255.00|
|RTX 3070 Ti 8GB||$237.00||RX 6800 XT 16GB||$293.00|
|RTX 3080 10GB||$292.00||RX 6900 XT 16GB||$363.00|
|RTX 3080 12GB||$334.00||RX 6950 XT 16GB||$375.00|
|RTX 3080 Ti 12GB||$399.00|
|RTX 3090 24GB||$457.00|
|RTX 3090 Ti 24GB||$561.00|