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This month’s replace is especially attention-grabbing not solely as a result of we proceed to see a slide in GPU pricing, nevertheless it’s additionally the primary time this era that an official value adjustment has been made by one of many two huge GPU makers. A couple of days in the past, Nvidia quietly pushed out a short lived value discount for a few of their excessive finish fashions.
Nvidia is working “promotional pricing” for the RTX 3080 12GB and above, of their phrases: “After an extended interval of provide shortages we’re taking motion with our companions to ship a restricted time promotion for fanatic players and severe creators.” Of course, there’s extra to the story than simply that.
The motive Nvidia has dropped costs is not a lot that they need to do everybody a favor, however relatively that buyers aren’t shopping for GPUs at present costs. The subsequent era of graphics playing cards is extensively anticipated and anticipated earlier than the tip of the 12 months, current GPUs are nearing on two years outdated, and plenty of consumers are making a reasonably strong judgement name that the worth proposition for top finish fashions is not nice.
This is leaving hundreds upon hundreds of graphics playing cards sitting round going unsold, placing stress on everybody within the provide chain to do away with these items earlier than next-gen arrives they usually turn out to be even tougher to promote. We’ve heard that there is a huge backlog of GPUs to promote and playing cards aren’t flying off the cabinets regardless of among the lowest costs in two years.
However, it is laborious for retailers and AIBs to simply decrease costs by themselves to get volumes flowing. Cutting costs too low, particularly under MSRP, may see them make a loss on every mannequin. Usually AIBs need to obtain some form of rebate or compensation from the GPU producer earlier than reducing costs, and that seems to be what Nvidia are enacting now with their promotional pricing replace.
The up to date pricing sees the RTX 3090 Ti drop from $2,000 to $1,500, the RTX 3090 goes from $1,500 to $1,300, the RTX 3080 Ti from $1,200 to $1,100, and the RTX 3080 12GB lastly will get some form of official value, now set at $800. Other fashions stay unchanged which is not too stunning because the demand for decrease priced GPUs remains to be affordable.
But there are a number of factors to make about these adjusted costs…
Nvidia GPU Pricing Trends
Average Sale Price of eBay Completed Listings, New Products, third Week of Month
First, some AIBs had been already promoting GPUs at these costs earlier than the announcement. Checking in on Newegg pricing for the final three months, the RTX 3080 Ti, for instance, has already been promoting for as little as $1,000 within the final month, and at present may be discovered for $930 — an MSI Gaming X Trio mannequin — which is nicely under Nvidia’s supposed promotional pricing of $1,100.
The RTX 3090 Ti was additionally nearing $1,500, although the worth adjustment has seen costs drop 11% this month. The RTX 3090 has seen a fair bigger drop, a 21% value correction.
MSRP | eBay Average Price May | eBay Average Price June | eBay Average Price July | Current Price Inflation | Price Increase June to July | |
---|---|---|---|---|---|---|
GeForce RTX 3090 Ti | $2,000 | $2,000 | $1,650 | $1,470 | -27% | -11% |
GeForce RTX 3090 | $1,500 | $1,700 | $1,600 | $1,270 | -15% | -21% |
GeForce RTX 3080 Ti | $1,200 | $1,200 | $1,000 | $930 | -23% | -7% |
GeForce RTX 3080 12GB | N/A | $1,000 | $870 | $740 | -15% | |
GeForce RTX 3080 10GB | $700 | $850 | $770 | $820 | 17% | 6% |
GeForce RTX 3070 Ti | $600 | $700 | $680 | $670 | 12% | -1% |
GeForce RTX 3070 | $500 | $660 | $580 | $530 | 6% | -9% |
GeForce RTX 3060 Ti | $400 | $560 | $500 | $470 | 18% | -6% |
GeForce RTX 3060 | $330 | $440 | $380 | $410 | 24% | 8% |
GeForce RTX 3050 | $250 | $330 | $330 | $330 | 32% | 0% |
Average | 5% | -6% |
Another attention-grabbing phenomenon is the present pricing for the RTX 3080 12GB in comparison with the unique 10GB mannequin. The 12GB mannequin is definitely now cheaper than the 10GB mannequin on Newegg — evaluating most cost-effective mannequin vs most cost-effective mannequin. The 10GB card is costlier this month, rising simply above $800, whereas the 12GB mannequin has dropped 15% to $740 at its lowest. This is probably going as a result of AIBs receiving some help from Nvidia to promote the 12GB mannequin, whereas no such help is at present being supplied for the 10GB card. This clearly makes the 12GB card the higher purchase, because it not solely has extra VRAM, it is also barely sooner.
Across the remainder of Nvidia’s lineup, the information are much less constructive. With no promotional pricing for the RTX 3080 10GB and under, most of those are nonetheless being bought above the MSRP. The RTX 3070 and RTX 3060 Ti have come down in value, however the RTX 3060 truly went up, whereas the RTX 3050 appears to have bottomed out at $330 — regardless of a $250 MSRP. The common month on month value drop throughout the lineup is lower than what we noticed in June.
AMD GPU Pricing Trends
Average Sale Price of eBay Completed Listings, New Products, third Week of Month
For AMD Radeon GPUs, there’s been no official phrase on value cuts, however pricing usually continues to fall throughout their lineup. On common, playing cards from the RX 6000 collection are sitting 10 p.c under their launch MSRPs, with all fashions besides the 6800 collection accessible under their official value — and the 6800 collection could be very near MSRP now. These value cuts embrace freshly launched fashions from the 50 XT vary, such because the RX 6650 XT which is already 13 p.c under MSRP for the most affordable fashions proper now.
MSRP | eBay Average Price May | eBay Average Price June | eBay Average Price July | Current Price Inflation | Price Increase June to July | |
---|---|---|---|---|---|---|
Radeon 6950 XT | $1,100 | $1,100 | $1,100 | $1,020 | -7% | -7% |
Radeon 6900 XT | $1,000 | $950 | $880 | $850 | -15% | -3% |
Radeon 6800 XT | $650 | $800 | $770 | $690 | 6% | -10% |
Radeon 6800 | $580 | $760 | $700 | $600 | 3% | -14% |
Radeon 6750 XT | $550 | $550 | $540 | $515 | -6% | -5% |
Radeon 6700 XT | $480 | $490 | $470 | $430 | -10% | -9% |
Radeon 6650 XT | $400 | $400 | $380 | $350 | -13% | -8% |
Radeon 6600 XT | $380 | $375 | $360 | $320 | -16% | -11% |
Radeon 6600 | $330 | $335 | $300 | $260 | -21% | -13% |
Radeon 6500 XT | $200 | $195 | $180 | $175 | -13% | -3% |
Radeon 6400 | $160 | $170 | $160 | $135 | -16% | -16% |
Average | -10% | -8% |
On common, Radeon GPUs fell in value greater than GeForce GPUs, and month on month July has additionally been a greater month for AMD merchandise. Some playing cards are reaching way more acceptable costs within the present market, such because the Radeon RX 6600 which is on the market for simply $260. We bear in mind again when RX 6500 XTs had been promoting at launch for round $260, and let me let you know, the RX 6600 is a miles-better buy.
Both Nvidia and AMD are additionally trying to sweeten the take care of numerous sport bundles. AMD has the “Radeon Raise the Game” program, providing as much as three video games together with your GPU buy. In the case of funds choices just like the RX 6500 XT and under, these simply get Saints Row 3, whereas the RX 6650 XT and under get that sport plus Forspoken. The RX 6700 and above get these two video games plus Sniper Elite 5. You’ll must buy by a taking part retailer to make the most of the bundle.
On the Nvidia facet they have a “4 sport” bundle working, though it is extra like 2 video games plus 2 DLC packs: Ghostwire Tokyo, Doom Eternal and each components of Doom Eternal’s The Ancient Gods growth. Unlike with AMD’s bundle, which provides you a sport with any of their present gen GPUs, Nvidia’s bundle solely applies to the RTX 3080 and above, desktop and laptop computer fashions.
GeForce vs Radeon Price Points
Here’s how AMD and Nvidia’s card lineups are matching up for the time being. The value discount for Nvidia’s high-end fashions hasn’t modified an excessive amount of how these stand as these playing cards had been already in a category of their very own by way of pricing.
Nvidia GPU | Price | AMD GPU |
---|---|---|
GeForce RTX 3090 Ti | $1,500 | |
GeForce RTX 3090 | $1,300 | |
$1,000 | Radeon RX 6950 XT | |
GeForce RTX 3080 Ti | $900 | |
$850 | Radeon RX 6900 XT | |
GeForce RTX 3080 | $800 | |
GeForce RTX 3080 12GB | $750 | |
GeForce RTX 3070 Ti | $700 | Radeon RX 6800 XT |
$650 | ||
$600 | Radeon RX 6800 | |
$550 | ||
GeForce RTX 3070 | $500 | Radeon RX 6750 XT |
GeForce RTX 3060 Ti | $450 | |
GeForce RTX 3060 | $400 | Radeon RX 6700 XT |
$350 | Radeon RX 6650 XT | |
GeForce RTX 3050 | $300 | Radeon RX 6600 XT |
$250 | Radeon RX 6600 | |
$200 | Radeon RX 6500 XT | |
$150 | Radeon RX 6400 |
From a worth standpoint, most of those fashions nonetheless do not make a ton of sense. We do not see why you’d hassle spending $200 extra on the 3080 Ti over the 3080 12GB — and equally, spending $150 extra on the 6900 XT as an alternative of a 6800 XT does not look like a good choice. And that is regardless of the 6900 XT sitting 15% under MSRP.
A chasm has opened across the $600 value level, occupied completely by the Radeon RX 6800, whereas Nvidia shouldn’t be providing something in that vary proper now. Meanwhile, within the decrease components of the market the RX 6700 XT is wanting strong with pricing sitting across the mark of the RTX 3060, although the RTX 3060 Ti is not too far behind in value.
Then within the mainstream part, it is all AMD proper now with the RTX 3050 going face to face with the RX 6600 XT on the similar value. We’re not even going to debate the GTX 1630, that card is complete rubbish.
To Buy or Not to Buy?
That’s the query. We’ve seen a variety of opinions from folks ranging wherever from “you should purchase all of the GPUs instantly,” to “you must undoubtedly maintain off for the next-generation.” We sit someplace within the center and our opinion hasn’t modified a lot from final month.
In spite of value changes and high-end GPUs usually getting cheaper, we nonetheless do not suppose it is a good suggestion to purchase these proper now. An RTX 3090 for $1,300 stays very costly and we would not be eager shelling out $1,000 for a Radeon 6950 XT both. At the minimal, we might need tier under pricing, so an RTX 3090 on the MSRP of an RTX 3080, or an RTX 3080 for $500-type deal. We’re nonetheless methods from that pricing changing into a actuality.
We say this for a few causes. One is that these fashions will possible be outdated this 12 months with sooner playing cards, and we do not suppose both GPU model will be capable to get away with as ridiculous of a pricing mannequin as they could have been capable of a 12 months in the past. Buy now on the MSRP and get burned inside six months is what we count on.
The different motive is that it appears like there is a little bit of angst brewing from the AIBs about what number of playing cards there are left to be bought earlier than the next-gen arrives. Current pricing is low in comparison with 9 months in the past — nevertheless it’s not that low. We will not be seeing ridiculously good offers as plenty of playing cards (particularly from Nvidia) are nonetheless priced above MSRP. As quickly as that dam wall breaks, which may very well be throughout the subsequent few months occurring present developments, that’ll be the time to purchase. Keep an eye fixed out for deep reductions and flash sale. Don’t be tempted into “offers” that are not even assembly the marketed value from two years in the past.
As for mid-range and mainstream GPUs, we may make a case to both purchase or wait relying in your wants. Nvidia’s RTX 3050 and RTX 3060 have plateaued in value in the previous couple of months, whereas AMD GPU pricing continues to fall on this phase. We do not count on these GPUs to be outdated quickly, so that you may be ready a 12 months or extra for next-gen replacements.
You may wait and hope that costs fall a bit additional, however we expect there’s much less stress on AIBs to promote their current stock of those fashions. We’re not suggesting everybody can purchase or everybody ought to wait, however we expect there’s extra of a case on this value vary to purchase.
Used GPU Pricing
As standard we take a look at the used market through the use of eBay’s accomplished listings. There’s a number of attention-grabbing issues this to debate this month. For the GeForce 20 collection, costs proceed to fall and we noticed an 8 p.c discount month on month. You can now see plenty of these playing cards at the moment are nicely under MSRP as they need to be. The RTX 2070, for instance, is now promoting for beneath $300 used. A 12 months in the past you had been paying over $600 for one in every of these playing cards.
MSRP | eBay Average Price May | eBay Average Price June | eBay Average Price July | Current Price Inflation | Price Increase June to July | |
---|---|---|---|---|---|---|
GeForce RTX 2080 Ti | $1,000 | $639 | $552 | $510 | -49% | -8% |
GeForce RTX 2080 Super | $700 | $457 | $415 | $386 | -45% | -7% |
GeForce RTX 2080 | $700 | $423 | $363 | $332 | -53% | -8% |
GeForce RTX 2070 Super | $500 | $384 | $356 | $325 | -35% | -9% |
GeForce RTX 2070 | $500 | $355 | $328 | $292 | -42% | -11% |
GeForce RTX 2060 Super | $400 | $358 | $295 | $275 | -31% | -7% |
GeForce RTX 2060 | $350 | $280 | $238 | $228 | -35% | -4% |
Average | -41% | -8% |
MSRP | eBay Average Price May | eBay Average Price June | eBay Average Price July | Current Price Inflation | Price Increase June to July | |
---|---|---|---|---|---|---|
GeForce GTX 1660 Ti | $280 | $247 | $193 | $173 | -38% | -10% |
GeForce GTX 1660 Super | $230 | $244 | $193 | $171 | -26% | -11% |
GeForce GTX 1660 | $220 | $203 | $164 | $157 | -29% | -4% |
GeForce GTX 1650 Super | $160 | $177 | $159 | $145 | -10% | -9% |
GeForce GTX 1650 | $150 | $153 | $140 | $145 | -3% | 3% |
Average | -21% | -6% |
For the GeForce 16 collection, value drops are slowing down, notably for playing cards promoting within the sub-$150 vary. The GTX 1650 and GTX 1650 Super are priced about the identical on eBay proper now, so it does not make any sense to purchase the non-Super mannequin, which is slower. Last month, we noticed a giant 16% value drop on common, this month is simply 6 p.c.
MSRP | eBay Average Price May | eBay Average Price June | eBay Average Price July | Current Price Inflation | Price Increase June to July | |
---|---|---|---|---|---|---|
GeForce GTX 1080 Ti | $700 | $360 | $311 | $295 | -58% | -5% |
GeForce GTX 1080 | $600 | $261 | $194 | $205 | -66% | 5% |
GeForce GTX 1070 Ti | $450 | $248 | $192 | $192 | -57% | 0% |
GeForce GTX 1070 | $380 | $199 | $168 | $154 | -60% | -8% |
GeForce GTX 1060 6GB | $250 | $155 | $132 | $131 | -47% | 0% |
GeForce GTX 1060 3GB | $200 | $112 | $110 | $113 | -44% | 2% |
Average | -55% | -1% |
When it involves Pascal-era GPUs, costs have hit the ground in July with little or no motion. Especially for the decrease tier playing cards, it does not look like sellers are keen to half with their outdated fashions for lower than $100. This may very well be associated to the RTX 3050’s value stagnation in latest months as nicely. After all, it is the used market that’s catering to Nvidia consumers after a card for lower than $300, particularly given how horrible the GTX 1630 is.
MSRP | eBay Average Price May | eBay Average Price June | eBay Average Price July | Current Price Inflation | Price Increase June to July | |
---|---|---|---|---|---|---|
Radeon 5700 XT | $400 | $419 | $313 | $284 | -29% | -9% |
Radeon 5700 | $350 | $402 | $273 | $245 | -30% | -10% |
Radeon 5600 XT | $280 | $310 | $218 | $187 | -33% | -14% |
Radeon 5500 XT 8GB | $200 | $201 | $182 | $168 | -16% | -8% |
Average | -27% | -10% |
The Radeon RX 5000 collection continues to get cheaper however like with different used fashions, the tempo at which costs are coming down has slowed. Just a ten p.c drop month on month, in comparison with 24 p.c in June. The degree to which costs have come down for these mining-friendly playing cards is fairly loopy, a 12 months in the past you’d have needed to fork out round $800 for a 5700 XT, at the moment they’re lower than $300 and we think about plenty of the playing cards on eBay are ex-mining fashions.
MSRP | eBay Average Price May | eBay Average Price June | eBay Average Price July | Current Price Inflation | Price Increase June to July | |
---|---|---|---|---|---|---|
Radeon RX Vega 64 | $500 | $346 | $271 | $228 | -54% | -16% |
Radeon RX Vega 56 | $400 | $331 | $260 | $199 | -50% | -24% |
Radeon RX 590 | $280 | $212 | $169 | $166 | -41% | -2% |
Radeon RX 580 8GB | $230 | $201 | $147 | $128 | -44% | -13% |
Radeon RX 580 4GB | $200 | $133 | $98 | $103 | -49% | 5% |
Radeon RX 570 4GB | $170 | $129 | $93 | $91 | -46% | -2% |
Average | -47% | -8% |
Then for AMD’s older GPUs, we have seen a giant drop in value for the Vega collection, however a much less important lower for Polaris-based fashions. Again, round that $100 value level there is a little bit of stagnation, RX 580 4GB and RX 570 4GB fashions have not modified in value, although both choice is sort of low-cost, particularly the RX 570.
Wrap Up
Overall we proceed to edge nearer to what we might describe as a traditional GPU market, though we do not suppose we’re fairly there but. Some GPUs nonetheless aren’t promoting at their MSRP and others must be cheaper than MSRP as a result of their age however aren’t. Of course, at this level plenty of these MSRPs are wanting pretty doubtful, however on a constructive word it’s nice to see costs proceed to come back down for almost all of playing cards.
Considering what we’re listening to about what number of GPUs are left to be bought earlier than the subsequent era of playing cards launch, we may very well be not too far-off from one last push to clear current stock. We do not suppose we’re at that stage simply but, however as quickly because it occurs it may very well be the perfect time to purchase a brand new GPU this 12 months.
As we mentioned earlier, maintain an eye fixed out for flash gross sales and something that brings pricing nicely under MSRP. If you’ll be able to snag a higher-end mannequin for tier-below pricing you may be doing very nicely, however we would not be tempted spending $800 or extra on current-gen fashions.
On the used market, value reductions have slowed to some extent, notably for GPUs under $200 and older strains just like the GeForce 10 collection. However, there’s nonetheless a good bit of ex-mining inventory floating round that is but to be bought by. Just be cautious when wanting to buy a used GPU as plenty of listings might be for ex-mining playing cards which have been flogged over the past two years, be sure to get an excellent deal on one thing like that.
Shopping Shortcuts:
- Nvidia GeForce RTX 3080 12GB on Amazon
- Nvidia GeForce RTX 3070 Ti on Amazon
- AMD Radeon RX 6800 on Amazon
- Nvidia GeForce RTX 3060 on Amazon
- AMD Radeon RX 6600 XT on Amazon
- AMD Ryzen 7 5800X3D on Amazon
- AMD Ryzen 9 5950X on Amazon
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