I have NEVER seen the USED PC Market like this before...
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- čas přidán 8. 06. 2024
- The Used Gaming PC market coming into 2024 is a good and bad, and today we explain what exactly is going on, economically.
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Chapters
00:00 The Situation so far.
02:42 The reason the market is so flat right now, especially in Australia.
05:08 Statistics that might scare you.
11:06 what now? The problem and the solution.
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#PCGaming #GamingPC #Winning - Jak na to + styl
2:08 This is a sign that you need to do the used parts hunt on an escooter.
🤣
Please no. XD You need a proper e-bike for that. And whether a cargo/town bike would even work or he'd need a mountain style 'micro-moped' to manage the roads and terrain, well that's another discussion!
Yeap, same here in Spain. Sold 27 PC's between October and December. Now, from from January to this day, sold only 5. The economy is really bad right now.
Also in Italy it's the same, in my case 33 PCs october to dicember, 10 in january, but only 2 this month
And i dropped the prices about 10%, leaving an almost non existent margin
Post holidays malaise
Nah it's an incoming depression, going to be brutal. Was always going to happen after COVID disruption to.. everything.
Hola los pcs que vendes son nuevos? O son como los que monta Bryan
I had a used PC on craigslist here in Texas and someone offered me an illegal migrant for trade that can cook and clean. I unfortunately had to turn them down because I don't have room to house them.
Interesting
🤣😂🤣😂
Unfortunately 😅😅😂
Get an RTO shed or barn to house then in.
The better reason would be that it's morally wrong to be involved in human trafficking.
Not, this would be intriguing if I only had more room for a slave.
Theft of scooters.
Cops literally dont do anyrhing so criminals are basically encouraged to target ebikes. Cop attitude is "serves ya right....real capitalists drive cars" "Being disabled and unable to drive? Well youll never be a good capitalist so who gives a hoot about your human rights"
figured... reeks of whitewashing!
It's not theft, it has more to do with regulations cracking down on e-scooters. So all these guys are stuck with their now illegal e-scooters.
Better off with e-bike trades anyways, just make sure the rated wattage is legal as per local regulations.
Do escooters & ebikes have individual serial #s which can be scratched off? 🤔
Buying used parts in Adelaide is crazy at the moment. So many people are so out of touch that they are asking for more for their used parts than I can buy them for new ...
So true, its nuts.
Hey. Same in Denver, Colorado. "No lowballers! I know what I have!" is stated in every marketplace ad for items that are literally less on Amazon.
Haha this is so true! On my local Craigslist, there is a 1050ti up for $175 and a 1660s for $250.
its Gen Z. Let me explain. These children were introduced into PC gaming during the lockdown. These children finessed their parents into buying a gaming computer for the lock down, that would DOUBLE as computer for their school. Anyways, these people were finessed and hoodwinked and over paid for their PC, so subsequently they over value, and over price hardware. Couple that with the fact that Gen Z are low iq, you have a recipe for the market to get really dumbed down.
@@EhEhEhEINSTEIN Because they saw what others are pricing them at. The important thing is to constantly see what those items are doing. How long and did the price change over time. A lot of this stuff will age out (like your example) and they could ultimately end up in a landfill. Better to get something now instead of waiting forever and getting nothing. But, a lot of people think "I don't do this for a living. I'm not concerned about a fast turnover".
Economy is crumbling. When you see less traffic on your highways you know the economy is moving slower.
Here's something I saw back in early 2008. People began selling off unfinished builds or full builds to either pay bills, they lost their job, or their employer was cutting back on hours. This sort of thing only got worse after the mass layoffs came into effect.
I was offered in trade for a gaming pc: a car (when a 2080ti sh was 1200USD), a rare breed dog, a diamond engagement ring (the girl said no apparently) and the best one, a pig.
What breed of pig? Also how heavy was it?
So what are you naming your pig ?
@@MarkHallG 120 kilo pig, didn't take it :)
@@darran311 The Flyer.
@@trestianbWhen?
I'm in So-Cal US and it is completely dead for flipping... Me and the other 5 guys that compete with each other in our market are not getting any sales. Also everyone else is dumping their old PC's at the same time so my market is flooded with options. At the same time everyone that is selling parts are asking ridiculous prices to the point that I'm occasionally getting better deals on Ebay with tax and shipping for the first time since I started selling.
Here in nz despite $50-150 shipping, it's cheaper to buy used graphics cards on ebay.
I sell PCs and other hardware but at a much slower pace. The only thing people are interested in is stuff they can flip for profit. Talk about dog eat dog.
But, what I used to do is buy broken Gaming PC for pennies on the dollar, troubleshoot the problem, upgrade, then resell them. The market for broken PCs has been virtually non-existent for a while.
It isnt just the PC market...people just dont have disposable income anymore. Want to own a house in North America? Or do you want nice things? Cant really have both anymore unless you are well off.
You just said the same thing basically lol
Welcome to the real world.
Or don’t be poor and work harder?
@@sunnohh Sure, I left the US because it was too expensive to live there anymore.
@@safn1949 I depends on where you live in the US. I get by quite well on $50K/yr, can afford a mortgage too. I would never be able to do that in a lot of other developed countries.
"E scooter theft vs E scooter fad" A little from column A and a little from column B.
I have stopped my small gaming PC side hustle. Actually for 2 years now. People are just not buying and prices of parts are still high. So I stopped. I have still 2-3 PCs still sitting around unsold! 😢
The used market where I live in the UK is quite frankly hilarious. People are still trying to sell i7-2600 based PC with a low end graphics card as 'capable of playing all modern games'. Trying to buy parts is also funny as people ask near new prices and people still think the graphics card boom is going on (who'd pay MSRP for a GTX 970 today?)
Here in the Philippines, those are called "Budget Meal" computers, there are quite a few listed.
@@curtisalbrecht9837 Bulacan, near SM SJDM.
All good points you made, but one thing I think is a big factor is that the usual medium which attracts people to buying expensive rigs is... triple A gaming. And right now that is in a mess. Even for the few good triple A games which push a modern graphics card hard.... so many people are sick of lazy open world cash grabs, DLCs, expansion packs, battle passes, etc that less people are upgrading.
And when it comes right down to it, games, will only ever be games, aka low priority luxuries... unless you're a esports professional getting paid hundreds of thousands of $ to game each year, but those type of people aren't going to be looking about in the used market for gaming rigs.
I think you are correct. Gaming is in a bit of a funk right now at least AAA gaming so no reason to upgrade.
Here in Caucasus region things are looking hella grim. Prices went high, we have deficit of PC hardware, but people want to buy PCs for even cheaper than what they were in 2023. So if a PC cost $800, people want it for $700 now, but because of the economy and what not it's difficult to even build a PC like that for $900 now. In February of 2023 I sold 5 PCs. In February of 2024 I haven't been able to sell anything yet. I'm even selling them at a much less profit.
Also, I've been getting offered mostly Playstations and sometimes Laptops for trade recently.
I get those e scooter messages all the time. Those and people wanting to flip their old Xbox consoles too
I suspect a lot of people just don't want Xbox either, Microsoft is hardly selling them, so I have a theory people are trying to get rid of their xboxs and move onto PC gaming.
Same situation here in the US. I believe for three reasons which has helped my sales.
1.) I've always lived in a por area. So, I never try to sell above $300. So, my PCs and parts are never above $300. I'm always trying to aim around 1080p to 720p 60fps for people with televisions. This inflation which is awfiul cause I along with many others literally are out of jobs and nobody is hiring anywhere. Really bad situation over here. So inflation is at least one major fault.
2.) Higher prices on tech parts. One thing that has been the death of builds and hardest for everyone has been cases, power supplies, and high end/newer parts(GPUs, CPUs, and motherboards). I'm happy ram and SSDs which you even predicted at one point would be cheaper and are the cheapest parts to get for builds thankfully. But other than ram and storage, everything shot up in prices. Nothing has been the same in building and selling since before Covid.
3.) Steam Deck! It's both a beauty and a curse! Steam Decks sell. People want to play games and majority don't care how good it needs to look. They don't even want RGB most times. Although it does get attention faster, RGB still doesn't sell it any faster. At least in my area. I know people trying to sell higher end units are having a hard time. But, I literally get "Can this run games like a Steam Deck?" so many times. I don't hate it cause I am both a Windows and a Linux user. I have helped sell over 15 units being prebuilts these two months with Xeons or Optiplexes with Linux or heavily modified Windows(to be light) paired with GTX 960 4gbs, GTX 1050tis, RX 560 4gbs, RX470s, RX480s, RX570s, and RX580s. These are always booting into Steam's newer "Big Picture Mode" with titles saying *Steam Deck like Gaming PC*. And these sell! And we make sure they aren't bad either with some cheap remote controlled RGB strips inside with all having 12gb to 16gb of ram and SSDs all at or under $300.
This is what my three reasons are. These have helped people like me and my area that despite living in the US. I still come from a poorer area. So, the Steam Deck and it's sales are what sell now. Thanks to it. Sales have been better for the $120 to $200 price ranged prebuilts. Some $300 if they want newer parts. But others including my own PC do to my unemployment can't even sell my 1st Gen Ryzen build in it's nicer case with RGB and can't sell for aroumd $350 and up. Cause I then get, "Well! A Steam Deck is cheaper!" which I know. Cause I help my also unemployed buddy who is without his IT job due to be letting go. He just happened to have prebuilts from his last place cause they let go of those units. This is even a major corporation as well and not the only one. So, here from me. Sell prebuilts fixed up to be nice and play like "Steam Decks".
Now on the other hand and a side track off. I have been..hired security..as well. Crime has shot up rapidly cause people are without jobs. I usually can be contracted out in my local area from the civil services in my local area due to how quickly it can turn. In January, I got that call, and many vets/NCOs have gotten that call. Protected my buddy as well. Nothing bad happened in sales. But after selling one unit recently. A shootout happened and a young officier was holding up the mam who was doing it. Luckily, I came along literally after selling the unit in the same paring lot. The officier and I calmed this man who was just trying to get money for basic gas and groceries. My buddy knew this man.
So be safe out there everybody. And sell with caution. And try to sell "Steam Deck" like units. That will help more. Hope everybody only has good days ahead.
Thank you for using paragraphs with all your text.
Your story about saving the world might be great, but if its all one blob, I skip.
That is very interesting to hear about the steam decks. I'm just coming back into the PC building/flipping scene after 4 years and its very strange how the market and trends have changed.
I live in Auckland, New Zealand and I don't think the steam decks have become popular here yet but I will keep my eyes out. Our PC market is still dying especially as NZ is officially in a recession now. I agree that nowadays Cheaper you can price a system, the more interest its getting, even if its not very pretty.
People just need something that can play everything but doesn't take months to save for and normally that leaves them with only a few hundred dollar budget. Not alot of people have even half a grand budget like they would of a few years back.
@@Sk0dieHey? If in New Zealand, you find a way to buy very low cost parts to build good enough Linux PCs. Minimal being 12gb Ram(still try dual channel). Older i5 or 4core/4threaded CPUs mainly from Intel. Cheap Sata SSDs. RX 460 to RX 560 from 2gb to 4gb. These specs at minimal can still do 900p 40fps to 720p 52fps for games like Cyberpunk 2077.
I know it IS super ultra budget low end PC parts. Yet, with mainly Chimera OS and HoloISO, each game can be default set to 720p. And I'm selling to customers from video game consoles like the Xbox One, PS4, and Nintendo Switch who can't pay for the games or want to play newer games on there same cheap 720p to 1080p televisions they get from major retailers under $100. And when each customer who bought our half priced Steam Deck like PCs around the $120 to $150 US. And by the time they get a cheap wireless controller. They have the same as a price as a Steam Deck. Instead it's on there televisions they *already own*.
I have currently have had zero returns. Yes. 0 Returns. In fact, sellers being half kids and parents and half college kis share how they look up to see the Steam Deck settings for stuff. Steam Deck settings play the game similar enough. And they all play lower end games. Almost none of them are playing Cyberpunk. It's all retro games with EmuDeck and indie games. Cause they are cheaper or free, and they are happy they use the same console controller they *already own*.
They tell us the "Steam Console" is very fun and convenient. And cheap convenience sold at that point and time.
And now, nothing is selling.
And what I sold was super low buget which had little profit and only helped with stablity for a short while like $20 profit for each unit.
And then I took only a couple hundred. I gave the rest to my buddy so he could get outta town and to somewhere hopefully better. Cause I'm stuck here with family who I always put first.
So, if you wanna try. And you somehow managed to buy and sell at super low budget which helps you in any way. Go for it!
Just understand your local market. Mine right now is an ever increasing unemployment and crime rate area. If New Zealand is in a recession, YET it isn't unsafe to go outside like I'm seeing for the Mr. Tech YES Man in Australia. More power to you. And if you get the chance and in end you make someone elses day. Then it's a good day.
Hope you have a wonderful day. And hope New Zealand gets out of its recession and things start looking better. :D
@@grizzlyindustries7593 thank you for the in depth reply. Have you found that customers are happy to run those operating systems?
Over here everyone seems to want windows as they have either used it at school, or have laptops with it installed, so its familiarto them.
@@Sk0die If the market is schools, then aim your business at them. I have built over 100 units for my community college years and years ago. It helped me not have to pay for community college and helped me get a job too. Except that job was repair everything guy and the janitor XD. Still got paid and didn't pay anything for community college.
And I still build computers for my mother's private school. I do not charge my mother. I just let them get there parts or extremely old machines. I don't really do to much other than help. However, I do build all my mother's computers. And, I always try to end up fixing units and laptops some child or teacher broke.
Also, I built and donated a retro gaming unit with very low parts except with Batocera OS installed with roms from catridges and discs from games I've ripped over the years. My mother's students enjoy it and it helps when parents have to pick up there children which last for hours from where she is in the countryside.
This time in specs for desktops and some laptops.
You do not have to invest in high end GPUs. Just basic display adapters. HD 6450s, HD 7450s, HD 7470s, R5 430s, etc. Or if the units have i3 going up with iGPUs from the Intels HD2000 or up. Then you are fine to leave it.
I've notice you'll need at least 8gb depending on the individual or customer. Then that's what you work with.
Always get 120gb to 256gb SSDs. Always get SSDs.
And CPUs can range from 2 cores to 4 cores. I just say to hopefully let them have 4 threads at all times. Intel CPUs are the best from Sandy Bridge(2nd gen) to Haswell(4th gen).
And USB wifi and bluetooth adapters. Now ask about these though with teachers and staff. The teachers and staff might need Wifi. But that don't mean students might need them.
These specs are ones you can install either a very debloated, customized Windows 10 or 11 OS. On Mr. Tech YES Man's channel here, he has tutorials on this.
Or get a debloater program like from Chris Titus Tech. He has this great UI program that helps remove the Windows crap.
Only thing I will definitely say unlike these guys to never uninstall on Windows is *"Windows Defender"*. This program is intensive, but it is very much needed in school, office, or business built PCs. These type of PCs need security. That is top priority.
And lastly, depending on the customers. See if they want to invest in Windows 10 or 11 organization licenses. Yes, it cost more than an individual license. But they get benefits for owning many units under the same Microsoft business account they can give or remove licenses with access to Office suites and Windows programs on. And this is on there part to buy it or buy very cheap ones in bulk. Not yours.
If by chances these schools have units already old enough units with Core2Duo or Core2Quad, 4gb DDR2 ram, and hard drives. Or they have low end AMD parts which old AMD is...well there something not good.
Then see if they would want custom installs of Chrome OS. Investing in any other Linux OSs for schools seems nice. But the provided Google programs are extremely useful for teachers with students on a very, very tight budget. I don't know if Google can still have teacher accounts be set up as an administrator while she can have the other accounts be set up as student accounts. Cause if that child loses the unit or the unit just dies. Then the teacher can still access the student's data which was synced into the Google Drive in the student's account that the teacher's account has full access to at all times.
If a school has these types of machines and are wanting to invest into Google's Chrome OS ecosystem. Then see if you can help them by buying the same cheap display adapters GPUs I showed(HD 6450s, etc.). Making sure they have 4gb ram for students to 6gb ram minimal for teachers. Always get SSDs. 60gb and up SSDs are good enough for only Chrome OS student units. Teacher units need 120gb and up SSDs. As for CPUs on Chrome OS, just make sure it is not 1core CPUs. Always 2core and up for Chrome OS devices. And now invest in cheap USB wifi/bluetooth adapters for each cause Chrome OS is an online based device and will not work well enough without them. Let teachers know this as well. My mother when starting her school out did this. And the young students were given "keys"(USB wifi dongles) as ways to get online and for my mother to monitor them.
These are the types of units you will build or sell. Always sell cheap as well. Looking at $100 US best units going down to $10 for parts. Your not selling to gamers or enthusiasts wanting a relaxing or fun experience. Your sellling to schools with confidental info on little individuals and there families or friends who need to be only invested into safe and stable education machines. They expect you to not only deliver well enough once. But if a bunch of units start going down. They are expecting you to come back and fix them. And schools have money and usually government. And you want to tread carefully on these types of turf.
Cause if you a student access to a machine and that young individual exposes themselvses to unchecked online activity. Oh boy! The amount of blame will start being pointed into every direction. And sense the builder of the machine who sold their machine to the school were the school gave access for the young individual to get on and see uncheck online activity. People WILL come to blame the builder of the unit. Even though it has nothing to do with the builder. Does NOT matter.
Just making you understand the business you want to step into. They want to invest in a builder with low return rates and low selling prices with high end security and monitoring. You will have to find that balance. For me, I love my mother. But, I've had her, the principal, and her teachers aling with each parent sign a contract stating that I, the builder, am NOT involved in handling or delivering in any manner uncheck online activity to your child. The parent brought them to the school. The school HAS to provide the students with units capable of going online. And the builder and school are not responsible of any uncheck online activity. And if the student brings any device home from the school, then the parents or legal guardians are responsible for that uncheck online activity.
As long as you know what you are doing. Then providing for schools in your area is a very worthwhile investment. Not only in sales. Or a potentially long term customers. But, an investment into education and future individuals who are and will continue to grow up in a technologically advanced world. Helping them navigate that by providing good and long term services towards educators will definitely wil a worth while investment. If you have the opportunity, then give it a chance. Might be worth it in the long run.
Same here man, parts are cheaper than ever but high-end stuff doesn't really sell and budget pcs move like crazy. I'll see a pretty decent system. It's over two grand that will just not move no matter how good the value.
Economy continues to _SQUEEZE_ all our wallets for blood 🩸
Money has shifted from middle class buyers of physical goods to 1% who spend on investments which are somewhat virtual in nature.
I flip gaming pcs in Lithuania, Europe and December was unreal for me. Demand for pcs was so high like never before. And now, January and February sold like 10 pcs.
Sveikas! Dar vienas lietuvis žiuri TYC!
Looks like Latvia the same
zdrf@@ThunderShunt
umm predictable?
Market is full of prebuild PC's and gaming laptops, new and old ones with return and warranty polices. I think what is going on is that all this inflation is hitting market really hard. There is no money to spend and people are thinking more about bills and food and place to live. PC market is secondary market, you can live without it very well as long as you have smartphone.
Gaming may be a luxury once graphics needs are factored in. Meat and potato N100 PCs for 200 US can get the job done for everything else.
i think the market is saturated.
@@dlewis9760 if all you need to get done are the basics even a 10 year old laptop, or desktop with at minimum a strong dual core CPU, 8GB RAM, and a 120GB SSD with a lightweight Linux distro like Solus Budgie will get you by just fine.
Hope the market picks up soon for you ! i wondered what happened with the flip up challenge
TechYesonmics is back!! Missed this type of content on the channel.
Hungary, eastern-Europe, same here. Total recession, just no government dares to talk about it, or do anything to intervene like the usual: no lowering taxes nor increased federal expenditures to help out the economy. I think we are fucked long term, it is the age of high interests and low income. And nobody sees the end of this yet.
lol You're gonna be waiting a long time for the state to save you from the state.
@@BlackJesus8463 thats not what i said
Great video !! Welcome back with flip pc !
Gaming PC's are less of a fire risk, that's the reason they want to trade them!
e-fires seems to be all over youtube at the moment. cars, bikes etc.
I also think, it's sometimes the short range too, that many particularly cheap e-scooters with too small batteries often only have.
That's what I thought. These people ran up against he limits of their ebike like thermal throttling and now they dont want them.
@@brendel68 It's the flammable electrolyte that catches. There are battery chemistries like Lithium Titanium Oxide that doesn't catch fire or Lithium Sulfur but they are more expensive or have less energy density. There are destructive test videos by Toshiba on their SCIB batteries that show this. The Japanese use these in the Shinkensen and for safe grid storage applications.
always enjoy your videos! you are exactly right on everything you discussed.
In the UK, they won't let people bring e-scooters on public transport because the batteries could be dangerous.
In USA, Ive been getting cash offers of half listed prices, TONS of trades for PS4/Xbox, and then trades of mopeds, guns, and gross used shoes.
What can I get for a pair of Asics gel craze? They still have at least 2 months of life in them.
Been getting console trade offers here too (central europe)
I'm in the US as well in the southeast, and I put up a couple of i5 15in ASUS laptops that I had refurbished with new thermal paste, batteries, RAM upgrades, and SSD, and yep I was getting offers for an old ass Xbox 360, low ball cash offer that don't even cover my parts cost, and some idiot from the ghetto(based on their grammar) trying to scam dump a Hi-Point C9 9mm Pistol on both listings that's barely worth 90 bucks used if it's in like new condition. 😅
I gave up after about 2 weeks on offerup(I refuse to use Facebook), and just ended up giving one to a family member, and selling the other at a slight loss to a coworker who's grandkid needed it for college, and can't afford much else ATM. So yeah it's a buyers market right now, and for sure not a sellers market.
I've got a barely used PS3.. What can I get ?
@@MrPir84free Sony just released a PS3 firmware update(no joke on that one), so that's about it 😅
Always a good weekend waking up at 6am to see an upload from TYC to get the day started.
Thanks for the vids Brian. Used your Win11 SCDKey link to buy one of your keys, hope it helps a little!
I only sold 4 gaming PC's last year before giving up on flipping and 3 of those PC's went to the same family they only bought more PC's from me because they liked the first one I sold them so much so yeah it's ridiculously hard to find customers locally that aren't scammers I live in the south in America and it's a nightmare now trying to flip these systems
The FB marketplace the used sale apps are garbage now so many scammers and people wanting to pay pennies on the dollar even for great deals
I'm curious, how do the customers try to scam you?
Great video man! We'll hopefully see some sanity again when rates come down and the AI bubble pops.
The situation is exactly the same in Sweden. My mom paid 16% interest in the 80s but housing prices have risen by hundreds if not a thousand percent while wages have maybe gone up by only 100-150%. And inflation numbers are bogus as we all now. True inflation has been way higher than the 9 per cent or whatever they claimed it was. Central banks all over the world screwed us over and they don’t even feel bad about it. Our central bank chief of the period claims he did the right thing considering the situation.
It's just hopeless for our generation, i can't even think what its like for people born post 2000 or 2010's. Unless you're way into middle class youre not gonna have your own home by the time you turn 18. Parents simply can't afford to set their kids up like before, unless they have a free 200k just laying around. My parents got a house bought for them by my grandparents as soon as they got married, for literally 10k in the early 90's. In a freaking middle of the city. Today you wouldn't get away without paying at least 100k. Sure population has doubled since then but prices rose 1000%. Wages rose maybe 2-3x. It's bullsht.
I'm gonna have to take out a house loan and going to be paying that sht for 20-30 years at least. Less if you have a partner. But since everyones so materialistic these days, women won't even look at you if you don't own a home/car and got a decent job. Basically already all the hard work done, no one wants to build a life anymore, nor can you really trust not to get f'd by the laws. Break up and half of the sht if not more simply goes to them. More even if you have kids. So the only option is either rent like a fool or get a loan. Rent used to be low like 100-200 eu a month max, today its 350 for one goddamn room flat. 450-550 for 2 rooms. A loan of like 50k eur (it'll get you a decent 2 room place just outside of a city) is less than that per month. As soon as i'm inheriting a property, i'm renting that sht and use the $ to pay off the loan for another house and still have left over smh. It's a big joke.
thank god for your smart government to important million refugees from iran !
banks are literally criminals, all should be charged for crimes against humanity, as they are responsible for the modern system of slavery.
This is exactly why I am setting my kids up right now. My four year old child already has 23,000$ saved to her name on a savings account with a 3% accrued interest. By the time she gets to 18, she’ll have about 50k to her name. If you want to plan for the future you need to plan it now.
@@chuckwow3302 Not in a position to afford kids and i dont fancy the thought of being one of those welfare families. Yes, the governments are throwing $ at people (for house loans and such, you dont even need to have kids, just get married, which is a possibility of a family i guess?) just to have kids but its a bit late for that. Less and less people have kids, population is declining. Climate is f'd. Inflation. Costs rising. People struggling to make ends meet (if they spend more than they earn or never invest) with well over min living wage. The future outlook is just bleak.
A lot of those eScooters are shipped with garbage batteries, then when it starts dying really fast the cost of a new battery is usually close to the same original cost of the scooter.
Great analysis Brian !
Thanks for your thoughts. It helps to understand the market easier. Yeah February in Lithuania is very slow few pcs sold. January was better than expected
Your flip up challenge inspired my new build. I flipped my r5 4500 rx 5700 xt system, an RTX 3070 and a Ryzen 7 5700x, to an i7 14700k, Asus tuf gaming z790, 32gb ddr5 6000mhz and an rx 6800 xt. I wanted the 4070 super but you are right about the market. Lots of lowball offers. Got lucky for everything to go in 3 days.
Thx a ton for the video, always look forwards to your content. Yeah I've been having a little trouble lately as well selling my builds, it's seeming more and more that the $400 market is way easier to get rid of, workstation gaming builds are still viable especially when the specs and stats are represented.
I'm having trouble moving anything right now where I'm at, but I haven't had anyone try to trade me an e-scooter. However, my nephew got one for Christmas and he loves the hell out of it. Anyways, I've had some weird ones lately. Had someone that wanted a cheaper system for their kid and everything was going good until they wanted to meet up. They asked where we could meet and I told them that people generally come here to buy them so they can test them out, but if you just want to meet up... that's fine too. After that, they never responded. The next day I asked if they were still interested and found out I was blocked. Only thing I can think of is that it was some kid pretending to be an adult and the parents found out and blocked me.
And I've been say that we aren't living under captialism. Every time I see someone complaining, their complaints are always about crony capitalism. Then they say stupid crap like... they're the same thing, or that cronyism is just "late stage" capitalism. There's definitely no innovation and society has stalled. We used to build things and do cool things as a species. Either the people in control know what they're doing is going topple this house of cards and they don't care, or they're truly stupid. I don't think we we'll see a true correction without a horrific crash to wake people up. I can't completely blame the people in charge, because they people that vote for these people are just as much to blame.
Hopefully your nephew's scooter won't be stolen to trade for a PC. LOL
They lowered price on ps5 too at retail. They wouldn’t do it unless demand has significantly fallen off
Yes
The end of free money will be the end of a lot of things, most of which SHOULD end.
Love your economic insight, always very interesting
They'll replace it with another fiat currency. lol The police state will not accept a budget without ruining the world. If they can't have it nobody can.
Paying 40% more for food seattle usa. Gotta cut budget everywhere possible.
Can't sell my pcs for anywhere near what they cost me. Even at a 50% loss i can't find buyers.
TBH I can't believe people ever made enough money for the hassle to be worth it. Maybe during the pandemic but that was stupid.
40% more? Nonsense
In Adelaide the firies came on the news and warned people of batteries of escooters during hot weather. Lots of incidents happened where the batteries started smoking causing explosion and fires.
Not sure if its having that much effect but have noticed a lot of people are buying those mini pcs that are all over amazon and other sites
Those things can barely game at 1080p. Look at the difference in performance between an APU and seperate but equally expensive components. ✌
@@BlackJesus8463 true but a lot of people are buying them know a couple of people who are happy with them because they play what they want them to
@@BlackJesus8463But you can pick up a N100 based one with 8GB of ram and 512 sata SSD for $130, including windows11. Unless you want to play AAA titles this thing does everything. I've bought a couple myself and I'm very impressed with the performance you get for that little money. I mounted one on the back of a monitor and use that in the local library's aircon on hot days.
Same in UK. Either electric scooter or xbox, play station or racing sim rig.
People have no money what so ever. January and February always been dead, but not as much.
UK here. Had my best December ever, selling 20 PCs in total that month. I remember previous Januarys being slow so I listed only 2 PCs January 1st and figured I'd maybe sell those and then build another 1 or 2 if they went. Didn't get an ounce of interest until 1 February when 1 sold. 2 weeks go by and I'm only just starting to get interest in the second PC. I've snagged some bargains in the meantime but it's bad here. I know a lot of the other sellers nearby and they are struggling to sell even £50 PC bundles (monitor, keyboard and mouse thrown in). It's pretty bad.
good video jack.
Yup, I usually sell a pc within days of posting it. Now it's taking 2-3 weeks. People would offer soon many trades.
Yep same here in Canada. Usually move budget rigs pretty fast but I've had 6 for the last 2 months and only 4 so far. 3 of those were in the last three days though, so hopefully it gets better. I also get so many offers for trades like things like E-Scooters, bikes, Xbox's, etc. Was wondering where the next flip up or parts hunt was, but this makes perfect sense. We'll all manage. Times will improve.
Yep, took me about 1 month each to sell my last two budget PCs... Crazy lowball offers and ridiculous trade offers (I don't take trades and it's the first sentence in the ad). I'm trying a higher end rig next, I'll see how that goes (5800x + 7900 xt).
@@billardon514 yeah if it's coming down to having to wait weeks to months for a sale anyway might as well go where the real money doing so is.
I had the same problem in the UK I only able to sell 1 pc for a 300£ from Jan to Feb and still trying to sell 3 pc between 200-700£ market has crashed but it will go up again!!
Here in America things are not so great either... i live in a small town and typically sell 8 per month (which considering the nearest major city is an hour away is pretty good)
The month of January i bought another vehicle and was flat broke, i only sold 3 PC's... i eventually resorted to starting another hustle selling Chips and drinks at school with a few friends....
While it is true that this past month and a half has been horrible for PC flips, sometimes if you make the best of it you can ensure not only yourself but your friends also make decent money.
Come for the PC content, stay for the economics lessons and impact and commentary. You're a gem in the CZcams seas, Brian. Thank you for your insight and everything you do.
Keep up the good work greetz from holland
love the mises quote, Austrian perspective is one of clarity.
The idea of a middle class was going on until 2008. It truly died in the 90's.
PCs are luxury items and I agree with what many have posted here. Right now the squeeze is on for anyone not really well off and people are spending on the necessities and not luxuries. My 7 year old 1440p 144hz monitor died this weekend and I replaced it with a cheap LG 165hz 1080p screen with Freesync premium to hold over. After using it for couple of days now honestly it may be the daily driver for quite some time. Its good enough. Personally with several PCs at home between myself and the kids' I'm in full "replace something when it breaks" mode vs upgrading for fun. Also we will be delaying any non essential purchases for the foreseeable future. Things will probably get worse before they get better.
So what you're saying is you're saving money when it's getting less valuable. Makes sense
@@Gr3gl_ For me this year instead of splashing on shiny new PC gear and other hobbies as much the money is better used elsewhere for now. So- keep some cash on hand for emergencies but put all you can into investments/retirement that hopefully will grow over time and help against all this inflation. For example anyone who bought 1600 USD worth of Nvidia stock 2 years ago instead of a 4090 would be feeling pretty good about that right now! But you only live once and to each their own. Cheers!
Yep, it's crazy down here in melbs as well, only sold 4 since the start of the year
Slow borrowing for non capital purchases is the symptom. Wealth transfer to people owning the necessities of life (housing, utilities, health care, social care, food retail) is the cause.
In the UK I've been sitting on 2 pcs for months. People are selling their full setups cheaper than I can build them but also pricing individual parts practically the same as new parts or sometimes higher. I've actually built 3 full new pcs over this Christmas period for work friends thankfully to keep me going a bit.
The used market here is broken. People seem to want to sell second hand things (not just tech), for basically new prices, it's been that way for a while now.
Yeah I totally agree. My experience at the moment is that most people refuse to sell tech items unless they are getting way above what they are worth. You can see on FB marketplace items that have been listed for 20 weeks and people still won't move on the price, it's retarded
Yes slow to move a PC I have for sale, had to lower price to break even price and accept the market. Just having fun putting PCs together so need to move it on. Have noticed offers maybe $50 - $100 below break even price, but holding my ground not to lose money. I use this figure as bargaining technique with multiple interests to find out who wants the PC the most. One has come to the party with the amount I want, so time to build another! Thanks for video Brian.
When do you think I’ll be able to upgrade my 1070 Ti for around 200 USD and get around 2x performance? I’m waiting for the used 6700 XT prices to fall to 200 USD. Any idea when that would be? Or maybe there’s another card I should be looking for?
Dang. Hopefully it gets better.
Well same problem in France, got 2 pcs which are very low-priced (around 500 €) and still sleeping on the shelves for 2 months. It never happened to me to have PCs staying more than a month on my side. Hoping we get to better times !
I came back to this channel after 3 years, and it's straight economics. I love it.
I had the total opposite experience here in UK. Had 2 PCs for sale during Xmas, no luck (low offers), then in early January i sold them for full price.
I missed the detours into boganomics! Hope the market picks up for you soon.
lol thats a good one, boga nomics.
It is very hard to get rid of stuff here in Aussie for sure, I had some brand new hardware I ended up not needing (long story) that I pretty much tested and decided to sell on. It was a real drama and in fact I ended up pulling one item from sale as I got sick of the time wasters and headache of dealing with stupid people
Same in Poland. Sold 3 from the beginning of the year. From Oct to Dec sold 35. Something is wrong
I like these vids where you talk about money, finance etc. :)
Depends on your price point. I am seeing people asking for 500-600aud for gen 3 i5s and 1050ti or 960/970s/rx570's... often with 8gb of ram, sometimes no hdd.
Bizarre.
Financial has made it challenging I've been planning to upgrade to a new ryzen system but with other expenses it's been hard to balance between keeping 2 cars on the road and fixing them vs shelling out thousands for a new pc that I'll build myself. So stuck on my old 8700k with a reasonably priced Arc 770 16gb to carry me over
I always anticipate a "lull" in the new year after the Holiday season but here in the States that usually turns around in the spring when peeps start getting their tax returns in April and May business starts to drastically pick back up here on my flips but this time I see some concerns as we head into tax return season by watching the auto market on brink of crashing and record repos and also the reports of record credit card defaults that hasnt hit the mainstream media yet so not feeling very opportunistic about a vibrant selling period this spring like usual but one facet that might counter a diminished outlook on economy financials is the BTC halving next month as I usually start selling gpus like crazy shortly after the BTC halving that happens every 4 years and it is usually like clockwork so much that I start scavenging the gpu market right after xmas looking for cheap deals on gpus and etc. to horde them until after the btc halving when profits sometimes reach 10x initial costs but def very uncertain marketplace trajectory ahead regarding used pcs
I always pay attention to the used market but just for personal use, not to flip them. All I find right now are amazing deals for really old stuff, or ridiculously high prices for anything newer. If you want to get into PC gaming on a budget you can do it for insanely cheap right now, but if you're looking for any kind of respectable performance there's a ton of clowns that want way too close to retail for used parts. Makes me think there's a lot of people buying up anything decent to flip it themselves because when you look at high priced sellers history they have dozens of overpriced listings for mediocre hardware.
It feels like the only people who are interested in even buying parts are those who are trying to build and flip. The market is flooded with people building, need to hope that the interest subsides. Might partially be the fact that the customers have been wanting to buy the cores of their rig cpu mobo etc brand new.
same been getting strange offers on gaming pcs
That's exactly what I've been feeling and the price I ask is already under the market or others at my local marketplace.
Glad it's not just me (down in Melbourne). I typically get offers to trade for supposedly expensive (probably fake) sneakers but I'm not getting any enquiries on my rigs at the moment (despite having 300+ listing views). I actually wouldn't mind trading one of my PCs for an e-scooter!
I have a lot of problems with sellers on FB marketplace in UK, especially for GPUs. Out of every 10 I message, only 3 or 4 actually respond, and then they want obscene prices, way above what they go for on eBay.
I think that you also missed is what employers are now no longer offering their employees versus years ago in the way of various other compensation beneifts.Years ago many companies offered free or low cost insurance with very good coverage. Now, companies offer base insurance coverage with high deductibles that must be met before the insurance will cover anything. There were once company pension plans. Many place have reduced or no longer match employee contributions to 401K plans. This also cuts deeply into a person's available spending.Just me for example, 43% of my gross pay goes to cover various taxes, health & life insurances for me and the missus, and retirement savings plan.
Concentration of wealth stagnates and strangles the entire economy. There is a reason distribution of wealth is actually important. Corruption is insanely rampant around the world and harms us all.
Same here in NZ. Prices have dropped in the used PC market to the point that it not feasible to build used / refurbished PC's. Even used parts cost more than what you can sell a fully operational PC for. Last two years I flipped several PC's but none so far this year.
So is this the reason why I was able to get two of my dream gaming laptop from 2011 for $300 USD (one was the wrong model and they let me keep it due to overstock and it's age, so they then sent me the correct model for free)?
Before you say anything, I LUSTED and DREAMED of this laptop for months back in 2011, but still always wanted one to this day.
I was directly thinking that people were stealing the e-scooters. Friend's son found one a while ago and left it to the police, but no one came to pick it up and there were no way to identify the original owner so in the end he got to keep it.
When food prices rise by about 25% and car and household insurance cost rises by 35-40% then you need to reassess your priorities. Maybe that i9 10900 and 2080 Super ain't that bad after all?
I would go so far as to say trying to sell anything discretionary in the secondary market has been tough for a while. Anything hobby-related has been a buyer's market. As someone said several years ago, we have inflation in things we need, and deflation in things we want.
Very good and clear explanation. Gaming pc is probably not one of the basic things that people need to survive in difficult times. Hope the market and demand will come back. The diagram may not have been "hi tech" but everything else was. Thanks
Hopefully it will turn around for you guys. I've sold 14 already this year. Oculus Xbox go-carts/mini bikes Big speakers are what comes up in a lot of trade offers.
Often I think you're nuts, or sniffing glue. But then you throw out a video like this and the world is right again and quickly i remember why I enjoy your content. Thanks for the video
The market here in germany (as far as I'm noticing) is just completely bonkers.
On one hand, there's the usual scamming with "Gaming" PCs. Not just "private" sellers, even the biggest Chain(s) here sell something like a Ryzen 3 3200G with 8GB RAM and onboard GPU as Gaming PC for atm 379€.
Getting used parts is also weird. Most of the time you can't just buy something you need, because you can only snipe good deals within hours of going online. The offerings that stay online are usually way too expensive to the point where it would eat up the entire profit margin (if you're selling at reasonable prices).
But the absolute worst part is, that people's word means nothing anymore.
Out of 10 people telling me they come to pick a PC up (or send the money), maybe 1 actually means it.
Dude its the worst right now, I basically gave up and just working more hours at my IT job lol Same with the e-scooter bro, even in US!
Really interesting yeah I find myself really being conscious of the price and just taking low offers and then having people coming back to me offering more!! Feels like people are really concerned about spending
*this happened in my country and now were still in a monster dead zone of not selling pcs and electronics*
There is no such thing as "Middle Class" right now.
Being "Middle Class" pretty much meant government employee. You could buy a house and "afford" to have a couple/few kids as well.
Pretty sure most teachers can't afford to live in the cities they teach in right now.
I've moved to Canada 6 months ago, and tried to keep my side hassle alive, but the profit margins are so low, also it takes crazy long to get anywhere to buy a part I need for the right price, let alone test it, assembly and stuff.. last pc took at least two months to sell, quite a long time to get proper parts and made almost no profit. I think it's the last build I'll do this year.
Which city?
@@5GRobo Toronto
Totally agree, local seller in Sydney. I see PC's and price them up and PC part picker and people are selling them for 10% - 20% more then that. I've taken a break for now. But there are some amazing deals out there too so just keeping an eye out.
Picked up:
Asus g15 - 6800h/3060 for $800 AUD
7900xtx - 7900x + 4k Samsung oddesey - $2250 aud
But they're an anomaly
Happy hunting
Another reason ive seen locally is that the asking price for used pcs is absurd. I see dudes selling pcs with gtx 1060 3gbs and i5 6th gen cpus for like $400. Sellers need to price their items realistically.
I think the points you made about the market also applies to gaming monitors. Until recently the market has been in a stalemate with 1080p TN panel with 240hz tops. Meanwhile TV's are doing 85" bigscreen with 8K @ 120hz with crystal clear images.
Interestingly enough the last two Januaries have been really good for me in my area. January and December were my two best months the last two years according to my spreadsheet, but February has been really slow this year compared to last year. Tax return season is coming soon though so maybe things will pick up towards the end of the month and March.
Brian, do you think this means it makes sense to buy and stockpile parts and if so, to what extent?
Yeah if the price is right definitely worth stockpiling, really good used deals will always beat new, and the new prices I think will only continue to trend upwards.