Report: Console trade-ins at all time high

According to a report by Decluttr, video game console trade-ins are at an all-time high leading up to this week’s launch of the Nintendo Switch.

The website found that trade-ins of gaming devices increased by 66 percent in the weeks leading up to the Switch release.  Leading the charge are trade-ins of the New Nintendo 3DS XL and Nintendo Wii U console, which saw a trade-in increase of 70 percent.  Trade-ins of Xbox One and PlayStation 4 consoles also increased by 38 percent and 43 percent respectively.  Decluttr says this marks the highest trade-in rate for both devices over the last 18 months.

“We’d already seen a steady growth in Nintendo 3DS and Nintendo Wii U trade-ins since Christmas, but this increased to unprecedented levels in the weeks leading to the Nintendo Switch launch, as consumers started to trade-in their older consoles in preparation to upgrade in early March,” said Liam Howley, marketing director at Decluttr.

Decluttr.com is a “recommerce” site that pays money for used electronics, games, music, and movies.

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