Zing wrote:This idea assumes a never-ending supply of potential buyers. It's basically the idea behind the stock market, which assumes a "greater fool" will come along and buy the stock later, except I suppose here we have an "equal fool". Eventually, there will be fewer buyers than sellers and the market value will drop.
I agree that you essentially get the gaming enjoyment for free, but this is by no means limited to video games. I temporarily moved into an apartment for the past year. I bought basic items used from Kijiji, such as a sofa, table, TV, wardrobe and such. I am moving into a house now and able to resell all of those items for my original purchase price. I basically got to rent a year's worth of furniture for free.
The article can be summed up as "buy everything used, don't damage it, then resell when you no longer want to own it".
Actually the stock market is a much better bet than this. Securities give you a set of legal rights in addition to future cash flows. Used video games just give you enjoyment and a possibility of re-selling them down the line.
This is premised on the notion that you are only buying games that have already depreciated to a nominal value beyond which they are unlikely to drop. Everything has a buyer so long as the price is right. If you go out buying over-priced and over-hyped stuff then obviously the price will drop when interest in those fade. For a lot of games though the price has already dropped to the point that they sell for a very nominal sum right now. If you stick to those this could work and it would make an interesting experiment - how many games can you play for free this way?
The other point of the post is that this is something that only retro gamers can take advantage of . New games and consoles depreciate rapidly once you buy them so they are always money-losers.