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Why are EVGA GPU prices going up and in the wrong direction?

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Tom Sunday
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2022/08/11 16:29:23 (permalink)
WOW…checked here today at EVGA about prices going further down on a 3090ti! They were offered here a week ago at a cool $1,149. Now back to $1,399. Is EVGA running low on 3090ti’s and the price now going up again? Or why would they do such a thing? All of the news I read is that GPU prices are still prone to go down much further and especially for the premium RTX 3090 cards. At 'Best Buy' the other day I overheard buyers talking about waiting a bit longer until the 3090ti can be had for right around $1000 and the fact being brought-up that economic times do remain bad these days and cash for especially non-essential goods remains super tight! This also makes me wonder when EVGA will start to actively be discounting or bundling their Z690 Kingpin MB and offering it (directly from their own company website) with a hefty T2 1600 Watt Titanium PSU in tow. 

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    the_Scarlet_one
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/11 16:37:24 (permalink)
    The prices are constantly changing right now.
    #2
    Chaos_21
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/11 16:47:13 (permalink)
    Could have been sale prices.

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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/11 17:53:35 (permalink)
    I can only assume that people started buying them, so prices adjusted accordingly.

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    kevinc313
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/11 19:06:07 (permalink)
    Tom Sunday At 'Best Buy' the other day I overheard buyers talking about waiting a bit longer until the 3090ti can be had for right around $1000



    Those people are morons that repeat reddit tier conventional wisdom.  We ARE in the price crater.  The bottom is bumpy, not smooth. 
     
    Actual announcement of 4000 series will drive prices slightly lower, maybe, but the rumors are so outlandish they might be already overly priced in.  So if there's disappointment prices recover a bit.  If there's mega hype, prices drop further.
     
    When the new cards go on market they will get scalped like crazy, meaning Ampere prices will recover when the 4090 street price is over $2000.
     
    If ETH PoS actually happens, prices will drop a bit more as the last of the enthusiast miners throw in the towel and sell off, mainly commodity cards.  If it's delayed (yet again), miners will sit tight and continue buying bargain cards.
     
    #5
    XrayMan
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/11 20:27:28 (permalink)
     
    When new ones come out, the older ones go down in price.

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    JTBerkman
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/11 21:11:47 (permalink)
    ty_ger07
    I can only assume that people started buying them, so prices adjusted accordingly.



    Most likely.
     
    Price will bounce around a bit up I doubt they are going to bottom out below $1k soon.  There is no reason to sell them at fire sale prices right now.  Unless something happens (AMD cards come out and beat them) they can just wait the market out while sitting on some 4xxx series stockpiles.
     
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    zippytek
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/12 06:22:54 (permalink)
    seems like normal business to me
     
    you have a surplus of product nobody buys? lower the prices until they sell. this gauges demand with respect to price (elasticity of demand) and once they've shown they can sell a lot more at a lower price, raising the price slightly until demand drops again is good business. i'm sure they took some Ls on those deep discounted sales. 
     
    when 40 series drops and the demand outstrips supply, any stock of 30 series cards will be sold at higher prices if demand remains. we just won't ever be back to the 30 series insanity unless crypto somehow triples in value again (pls no)
    #8
    NemesisChild
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/12 06:32:43 (permalink)
    Simple tactic, charge what the market will bear.

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    SprayingMango
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/12 10:35:35 (permalink)
    I am loving it. Bought two FTW3 Ultra 3090Tis so far for $1199 each! Imagine being the poor person that bought one at launch, or even a month before these prices tanked. LOL

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    HeavyHemi
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/12 10:52:31 (permalink)
    Tide goes in, tide goes out. You can't explain that...


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    talon951
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/13 06:19:53 (permalink)
    Headed back down.  Get 'em before they're out of date.  
     
    https://www.evga.com/prod...mp;chipset=RTX+3090+Ti
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    frankd3
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/13 06:52:52 (permalink)
    SprayingMango
    I am loving it. Bought two FTW3 Ultra 3090Tis so far for $1199 each! Imagine being the poor person that bought one at launch, or even a month before these prices tanked. LOL


    "Poor Person" meekly holds up hand.
    I made my decision at launch because I believed that when the 40 series launched they may reduce prices maybe by $200. I didn't think that was worth the wait.
    I never dreamed the market would crash and there would be a huge oversupply and the discount would be $1000.
    I can't let myself regret it.

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    #13
    kraade
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/13 08:55:43 (permalink)
    Good Sale this weekend, jump on it if you are in the market because they are likely to rise again
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    Hoggle
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/13 10:51:08 (permalink)
    XrayMan
     
    When new ones come out, the older ones go down in price.




    They go down slightly to get interest and then they vanish as inventory sells out. When these cards are gone, they are gone for good. That means if people miss them they can find themselves paying whatever a 4000 series comes out at.

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    JTBerkman
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/13 20:05:06 (permalink)
    kraade
    Good Sale this weekend, jump on it if you are in the market because they are likely to rise again


    Probably.  Also, faster they got out, less likely the 4xxx get delayed.  So get them while they are "cheap"
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    z1nonly
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/14 05:17:56 (permalink)
    While the raw performance of bleading-edge tech tends to last a long time, the price/performance ratio should be considered a very temporary, "consumable" item.
    #17
    redteamgo
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/15 08:51:18 (permalink)
    Hoggle
    XrayMan
     
    When new ones come out, the older ones go down in price.




    They go down slightly to get interest and then they vanish as inventory sells out. When these cards are gone, they are gone for good. That means if people miss them they can find themselves paying whatever a 4000 series comes out at.

    thinking about this as a sale is not the mentality I would choose.  the inventory has been marked to FMV and is getting pushed out asap as EVGA clearly overestimated pricing and how much 30xx demand remains.  part of that is buyers' ability to pay, part of that is fx, part of that is tariffs/taxes and the big one is no more backdoor B2B miner sales.  the markdowns are presented as a sale, rather than a fire sale.  If they presented it as a liquidation, it would probably be even more dilutive, unnecessarily.  EVGA is getting whipsawed around like everyone else.  running a business with physical products is extremely difficult right now.
     
     
     
    zippytek
    seems like normal business to me
     
    you have a surplus of product nobody buys? lower the prices until they sell. this gauges demand with respect to price (elasticity of demand) and once they've shown they can sell a lot more at a lower price, raising the price slightly until demand drops again is good business. i'm sure they took some Ls on those deep discounted sales. 
     
    when 40 series drops and the demand outstrips supply, any stock of 30 series cards will be sold at higher prices if demand remains. we just won't ever be back to the 30 series insanity unless crypto somehow triples in value again (pls no)


    couldnt agree more.  I'll try to read threads before replying.  no promises lol
    post edited by redteamgo - 2022/08/15 09:07:45

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    BizSAR
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/15 11:09:14 (permalink)
    Prices go up, prices go down. That's how things you buy work, especially when it comes to tech.
    Buy now, the price may go up or down later. Again, that's how it goes. No amount of complaining will change that. 
    It does help to use a credit card with a price guarantee. 

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    #19
    talon951
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/27 05:43:06 (permalink)
    KP is down to $1800 with the PSU.  Everything in stock.
     
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    #20
    rjohnson11
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/27 06:07:37 (permalink)
    The RTX 3090ti prices look very good right now. 

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    GTXJackBauer
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/27 06:08:47 (permalink)
    talon951
    Headed back down.  Get 'em before they're out of date.  
     
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    frankd3
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/27 06:08:50 (permalink)
    And the 3090 Ti FTW3 Ultra Gaming is once again down to $1199.99
    https://www.evga.com/products/product.aspx?pn=24G-P5-4985-KR
     

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    #23
    YesCucumberYum
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/27 06:12:22 (permalink)
    Were all reading these posts and power demand goes mostly for hiend video cards!! Is anyone else not poor like us who buys 3060 or 3060ti? Now it is middle class which has changed.
    #24
    rjohnson11
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/27 06:43:29 (permalink)
    YesCucumberYum
    Were all reading these posts and power demand goes mostly for high end video cards!! Is anyone else not poor like us who buys 3060 or 3060ti? Now it is middle class which has changed.

    The RTX 3060 12GB for 399 dollars is not so bad in my opinion. 
     
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    #25
    transdogmifier
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/27 07:03:14 (permalink)
    Very tempting, but I don't need it and I want to wait for the 4090 .... *puts hands in pockets, refusing to get out card to buy one*
     

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    talon951
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/27 09:32:26 (permalink)
    Are they really looking that cheap, or were they just crazy over priced before? I'm thinking it's the latter.
    #27
    frankd3
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/27 09:37:54 (permalink)
    No doubt at all that they were way overpriced before.
    I hope we all (me especially!) remember this lesson.

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    YesCucumberYum
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    Re: Why are EVGA GPU prices going up and in the wrong direction? 2022/08/29 10:01:54 (permalink)
    rjohnson11
    YesCucumberYum
    Were all reading these posts and power demand goes mostly for high end video cards!! Is anyone else not poor like us who buys 3060 or 3060ti? Now it is middle class which has changed.

    The RTX 3060 12GB for 399 dollars is not so bad in my opinion. 
     
    https://www.evga.com/prod...aspx?pn=12G-P5-3655-KR

    Friend, this is how much foounders 3060ti edition cost from best buy. And we think even that is 100dollars over the good price. A 3060ti should be 299 for a good price and 3060 should be 259mayne.
    #29
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