UK retailer CeX buying PlayStation 4 hardware for £430

PlayStation 4 launches across Europe today.

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Many shops are saying it will be difficult to get hold of PlayStation 4 hardware in the UK this side of Christmas, and now retailer CeX is currently paying out £430 cash or credit to people trading in their new PlayStation 4.

That's an £81 increase over the RRP of £349.

CeX will sell the consoles in its stores--alongside its famously extensive selection of pawned phones--for an eye-watering £520. For that over the odds price, the retailer is at least stipulating that traded consoles currently require a box.

The PlayStation 4 launches across Europe today, following the machine's release in North America on November 15. Supermarkets were offering first come, first served stock from midnight, although current reports suggest that it's already proving very difficult to find unsold stock for the console.

Sony previously reported that it sold 1 million PlayStation 4's within 24 hours of the machine going on sale in the US and Canada. But will Sony be able to make a similar boast for Europe?

Discussion

98 comments
burtsnoop
burtsnoop

This doesn't effect me, my girlfriend won't allow me to go in a shop called SEX, and I've learning over time not to piss her off too much, after all, she supply's all the SEX I need.

Marky360
Marky360

Wow this is too good to be true . You could basically buy a PS4 then sell it for more then buy another one and have money left over for a game or something.

AyatollaofRnR
AyatollaofRnR

Just wait it out people. No games worth take the plunge at that price yet any how.


Really doesn't seem like a store that deserves your business either.


Avenger1324
Avenger1324

Taking advantage of the fact that most of their competition have folded or are struggling badly - Blockbuster gone bankrupt for the 2nd time this year, HMV already closed loads of branches and still struggling, Game / Gamestation already closed loads of stores and also struggling.

deansimp111
deansimp111

They lied to me when i sold my apple iphone 5s 32gb, Gold.they  gave me a Voucher for £460 and now i need extra for the xbox one they are selling it more then the RRP price seriously where is the trading standards

thomasn7
thomasn7

Well with the extra money people can go buy an Xbox One, at least it works and you can actually play games on it!

therapyhiccup
therapyhiccup

for that, the store should be closed down. pretty evil what they are doing. underhanded is another word i'd use, maybe even, 'taking advantage of people' would be a term i'd use here.

amar1234
amar1234

WHY???? why would anyone be that desperate for a PS4 , it dont even have any worthwhile games yet. Just wait guys. Im sure you still have loads of current gen games to play, i mean GTa 5 hast been out that long . This argument goes double for Xbone one. I bet that gonna charge £700 for that. Only reason i can see to pay over the rrp is that you are super rich and dont give a toss or are trying to make your child really happy on christmas as their mum died or something.

sgmullins
sgmullins

I'll be honest , i bought my ps4 with fifa 14 with the sole intention of selling it on ebay for £800. I just don't want to let go though, lol.

npgr
npgr

It's a shop that druggies take all there stolen loot to when they need crack money. Then they have crack baby's, so sad.

Merseyak
Merseyak

i seen this on there website before the ps4 was even out in the uk i looool`d at the price oh and NEVER buy from there its like a massive gamble at times you would of got a better deal with bricks in a box

PlatinumPaladin
PlatinumPaladin

I reckon there are people who actually would pay the £520 CeX are asking for, but only the minority who are desperate for one and didn't get their pre-order in in time. I can't imagine CeX paying quite so much for long as I think they'll quickly start to lose money from people not willing to pay nearly 149% of the retail price.

richthequick
richthequick

whos gonna trade there ps4 when its only been out for 17 hours,crazy

gordos24
gordos24

There people here in Holland, there are willing to pay 720 euro's for a console. thats $936. There crazy

Butt_Chunx
Butt_Chunx

Hehehe... CeX, sounds like SeX.. giggity.

mexetudo13
mexetudo13

I'd sell mine. But Resogun won't let me.

myjota
myjota

xbox one .. i want rule my tv with voice

RicanV
RicanV

Also, for my friends in the UK and everywhere else, if you're getting a PS4 with PS+. You might want to look into a PS3 as well. They have some great bundles available and your PS+ is across all platforms so you still have access to the instant game library. You can walk out with a PS3 and have about 8 games ready to play. 

nickyparmar92
nickyparmar92

I thought there was a major recession happening. Who the fuck is buying all these consoles. I now truly don't believe in any of this recession bullshit where people don't have money. All the fucking consoles are sold out, and fuckers on amazon brought their console only to sell it above £500 the motherfuckers. 

SpartanEdge
SpartanEdge

That joke might have flown if it actually was SEX and not CEX.

SpartanEdge
SpartanEdge

Not really, because you wouldn't be able to get another one for a couple of months, because they're all sold out. That's why CEX knows they can sell them for £520, because they know there's some desperate parents out there trying to get one for little Jonny for Xmas.

mr_nee
mr_nee

@AyatollaofRnR Yeah, it's like with traffic jams, sometimes it's just not worth going home at 5:00pm.

deansimp111
deansimp111

@Avenger1324  i agree, i think the Governments not telling the Truth about how bad things are going 

SpartanEdge
SpartanEdge

Eh? You can 'play games' on the PS4 also, and superior versions at that to the Xbone, because unlike MS's set top box, gaming is the PS4's primary purpose, from the software to the hardware. Doesn't have any anti consumer policies hanging over its head either, like Damocles Sword.

SpartanEdge
SpartanEdge

Totally agree. It also encourages people buying multiple units at launch to sell for profit, denying others the opportunity to get a console either through pre order, or at RRP on the day.

Black_Pander
Black_Pander

@therapyhiccup taking advantage of people's lack of patience. I don't blame them, they're going to make a killing off of people that didn't preorder, but really want a console

SpartanEdge
SpartanEdge

Umm, Battlefield 4, Need for Speed Rivals, Assassins Creed 4, Killzone-Shadow Fall, Call of Duty-Ghosts, DC Universe Online, Fifa 14, Injustice-God's Among Us, Lego Marvel, Madden, NBA, War frame, War Thunder and more. Not a bad start for launch at all I'd say. Do you know how many games the Snes and Sega Saturn launched with in the Europe? Three (Seriously). The Game Cube launched in Japan with three also. The Atari Jaguar launched with two in the US lol

hasleftThebuild
hasleftThebuild

@amar1234 Have to agree with you as there are no "have to buy" games out yet. However I'll admit that I did buy GTA5 3 days early from them for £70 so I can relate a little to those people who're going to pay over the odds for a PS4.

Marky360
Marky360

npgr

I saw Rob Ford selling some stuff there the other day. Took a flight in all the way from Canada.

natman1612
natman1612

@npgr I take a lot of stuff for trade in there, I have a god job, I don't smoke crack or use any other drugs!

ryogapower
ryogapower

@npgr i shop there. the deals on second hand games are really good. does this mean i smoke the crack?

PlatinumPaladin
PlatinumPaladin

@richthequick I'm not planning to pick one up until the Spring, but I had the opportunity to buy one this morning. Had I known CeX were doing this I would've bought one just to make £81 profit.

helldragonzer
helldragonzer

@richthequick find somewhere else that has it, reserve it there, trade the current one, buy another one and enjoy the leftover cash.

Dannystaples14
Dannystaples14

@Butt_Chunx That is how I have always said the name. Just easier.

Better than C.E.X. or Complete Entertainment Exchange or that red shop that can be seen from space store.

DiamondDM13
DiamondDM13

@RicanV And Dark Souls II is coming in 2014, so you should get one before that is out!

FkzAz
FkzAz

@RicanV Atm, i say..buy a PS3. It is still a great console, and the best option in the market. Ps+ is a no brainer.

I will wait 1 year before moving on to PS4. There is still alot of games i need to play on my PS3.

And after 1 year, ill have a great PS4, PS+ Library ready to fire.

amar1234
amar1234

@nickyparmar92 

DUDE, DUDE, you dont know what you talking about ... read on and learn

First of all theres only like a few hundred thousand consoles in the UK and theres like tens of millions of people here.

 Second people sometimes use something called a credit card when they desperate for some new tech, which meas they dont actually have the money upfront. 

Third there are still rich people even now , recession doesn't mean that rich people loose all their money ( many russians for eg have come to london lately with their new found wealth). Dont forget the arabs too.

Lastly and trust me when i say this, but there are MANY, MANY people out there that wish they could get a new console but just cant afford it.. My guess is you just mad that they sold out , to that i say just blood wait it dont even have good games yet.

Bamul
Bamul

@nickyparmar92 North America, as a continent (USA + Canada, where the PS4 has been released), has a population of 352 326 300 - that's over 350 million people. In total, about 2 million PS4 and X-One consoles have been sold in North America… that’s around 1.8% of the region’s population. Sure, that's a lot for two different products, but it still means that the vast majority of the population does not own either of these consoles. Besides, the fact that these people have bought a very expensive console does not mean that they had the money for it. They could have been saving up, used borrowed money, bought it on credit or used some other method. And even if they had the money for it right there and then, it means that many of these people won't be able to buy anything else really expensive for the rest of the year. Moreover, some companies may be buying the consoles in bulk.

Finally, since many of the European countries where the consoles are being released are arguably suffering more from the financial crisis than the US and Canada are, it is unlikely that Sony and Microsoft will be able to sell larger quantities of their consoles there (proportionate to the number of people living in Europe) than they did in North America. So, in other words, I'm saying your argument is invalid.

xbox360kb
xbox360kb

@nickyparmar92You do not understand. PS4 is a absolute basic need. In this situation, food and clothing drop down list. A gamer can live without food 2 weeks. Without console he is going nuts after 1h.

leakingdogmilk
leakingdogmilk

Yes nicky, the recession is nothing but a hoax fabricated by the government and the media so the supermarkets can have the "beat the crunch" gimmick in their ads.

Use the internet to educate your stupid 21 years old ass instead of thinking you are so smart for calling things bullshit without knowing a single thing about it.

Damnation_6
Damnation_6

@nickyparmar92 Just because some people are buying consoles doesnt mean a lot of people are in trouble. I know people with really good papers who send out hundreds of applications and dont get any jobs. I see a lot of people around me losing jobs. Unemployment is still pretty high.

So saying the recession thing is rubbish just because a small percentage of people CAN afford it is pretty shortsighted.

npgr
npgr

@natman1612 @npgr Don't be offended, just learn to read. At no point during my 23 word essay did I talk about the entire customer base of CEX, just a choice few. But feeling the need to inform me that you don't have a drug problem puts my mind at rest and will allow me a wonderful nights sleep safe in that knowledge. Oh, and little bit of crack never hurt no one.

npgr
npgr

@ryogapower @npgr I can't answer that question, only you can. Just remember, the first step in recovery is admiting that you have a problem. Speak to your family, friends and loved ones, Im sure they will support you. 

joe_b1_kenobi
joe_b1_kenobi

I shop there too and I'm not personally a fan of crack. But I have to admit there's always a few choice looking people in there selling shit.

Marky360
Marky360

Helldragonzer

Same thing I said.

amar1234
amar1234

@leakingdogmilk 

EDIT: DAM REAL SORRY leakingdog, hope you dont read what i said about you i didnt realize you were being sarcastic. I read the first line only and got mad as hell at you lol.

nickyparmar92
nickyparmar92

@leakingdogmilk I know enough about the New World Order to know government tales are fabricated. What I have a problem with is private Amazon buyers buying a whole load of stock, then selling it at a high price. I ain't stupid as you think just because of a little rant. Nice of you to dig up my age milk.

ryogapower
ryogapower

@nickyparmar92 @leakingdogmilk ive got nothing against people reselling for profit, they are catering to demand, its a smart move. they took a gamble and now its paying off, just like any risk in life, don't be butthurt because you didn't have the courage or intelligence to do the same.