January 01, 2020 - Electronics
But sometimes you need some quick cash to avoid a game over.
If you’re looking to sell your Nintendo Switch consoles or games, you’ll want to know how to get the best price. Here’s what you’ll need to know.
If you’re a gamer, you may find yourself scratching your head. Why wouldn’t you just take it into your local Gamestop and trade it in?
Truth be told, you’re more likely to get a better price at a pawn shop — even over a specialty store like Gamestop.
A used Nintendo Switch for sale at Gamestop currently retails for $279.99. However, Gamestop generally offers customers between 50 or 60% of a game or console’s resell value.
So assuming you purchased your Switch for the average retail rate of $299, you can expect to get about $175 according to Gamestop’s website. Suffice to say, you’re taking a pretty major loss.
What’s more, you’ll lose more money if you take Gamestop’s cash offer, as they bank on customers taking store credit.
A pawn shop is going to offer a fairer price without any penalty for taking cash instead of credit.
It’s worth noting that specialty consoles are often worth more money. If you’re selling a limited edition console such as the recent Diablo III-themed console, you can typically get more money than a standard console.
With pawn shops as the clear victor, you’ll want to take your console to a local shop or list it online.
Before you do, ensure that your console is in working order. Both Joy Cons should function properly and the Switch’s screen should look neat and clean.
Make sure your Switch’s dock is in working order, as well, as are any charging and HDMI cables.
You won’t want to grab your console and go — at least, not if you don’t want the next buyer to have access to your credit card and all of your games. Before selling your Switch, make sure you follow safety procedures to protect your data.
Thankfully, wiping your system is easy.
Start by pressing the home button on the right Joy Con, then going to the ‘System Settings’ menu. You should see a ‘Systems’ option, with ‘Formatting Options’ at the bottom of the page.
Once you’ve found this setting, press A after highlighting ‘Initialize Console’ and confirm your choice. This should remove any user data from your console and return it to its factory settings.
Whether you need money or the Nintendo Switch just isn’t the console for you, you can fetch a pretty good price for Nintendo’s latest console. Sell your Nintendo Switch with these tips to make your transaction easy and safe.
David Stiebel is one of the cofounders of PawnGuru. David was educated at MIT, where he studied Math. He subsequently worked at Bain as a data scientist before starting PawnGuru in 2015. He started PawnGuru to build a better tool for pawn shops and consumers to connect.More Articles