Prices for Nvidia RTX 3000 Graphics Cards Are Getting Insane on eBay

(Credit: eBay)

Uh, what? Scalpers are at present charging people over $ii,000 to own Nvidia's RTX 3080?

Unfortunately, the ongoing shortage for the latest PC graphics cards is causing the prices for the Nvidia'southward RTX 3000 GPUs to soar to disturbing new heights on eBay.

Since mid-September, scalpers accept been reselling the RTX 3080 on eBay for around $1,300 to $1,500, which is almost double the original $699 to $869 toll, depending on the model. Merely in recent weeks, the pricing for the in-need graphics cards has only gotten more insane.

Graph on the price increase

Credit: Michael Driscoll

To understand the full scope of the scalping, a Chicago-based data engineer named Michael Driscoll has been tracking the GPU sales on eBay using a reckoner script. On Tuesday, he told us the median prices for the RTX 3080 now attain $2,069.

The median prices on eBay for all the RTX 3000 cards began to balloon in February. In the case of the RTX 3080, costs shot up to around $2,400. The RTX 3070, on the other manus, hit a high of over $i,200.

prices for the rtx 3070 prices for all cards

Credit: Michael Driscoll

The numbers only began to drop last week during the same time Nvidia launched its nigh affordable entry in the RTX 3000 series, the 3060, which starts at $329.

"The prices stopped going up exactly when the 3060 launched, and so that can't be a coincidence," Driscoll told us. "Non a huge drib, just significant. For the increases, I have no way of confirming this, just I know many employers give out twelvemonth-terminate bonuses in Feb, and people are starting to file and receive tax returns, which could be driving some of the price increase."

median prices

Credit: Michael Driscoll

The insanity has also carried over to AMD's latest Radeon graphics cards. Scalpers on eBay are now hawking them for almost double the normal cost.

The eBay prices accept also gone upwardly every bit the GPU vendors themselves—such as Asus, EVGA, and MSI—increase prices for the new graphics cards cheers to rising component costs and a 25% Trump-era tariff going dorsum into effect for certain Chinese imports.

Another possible factor is the surge in cryptocurrency mining, which might exist creating more customers for the scalpers on eBay. Yet, imagining someone paying over $two,000 for a single PC graphics card boggles our listen.

Ultimately, it'due south a dark time to be a PC builder. To ameliorate your chances of ownership a GPU at a normal toll, nosotros recommend you lot apply a free online inventory checker, or cheque out Newegg's raffle system.