Update on GPU Availability and Pricing: June2022

Update on GPU Availability and Pricing: June2022 ...

GPU pricing and availability continue to be a strong trend that started early this year. With the cryptocurrency market being pooped this month, and demand among gamers being slowed in anticipation of next-gen products, this generation has never been in a better position.

In real, by the sounds of it, supply has recovered to a degree that retailers might be in a bit of strife in attempting to shift all current-gen stock before new GPUs arrive, and that''s why pricing continues to decline across the entire market.

Nvidia GPU Pricing Trends

It''s the first month since Ampere''s introduction that you may easily find a Nvidia RTX 30 series graphics card below MSRP.

Two cards are currently meeting consumer demand demand, according to the recently launched RTX 3090 Ti, which was never fully operational at its $2,000 MSRP and currently stands at $1,650 new; and the RTX 3080 Ti, which is selling for 17% under MSRP. I''d''t go as far as to say $1,000 is a great deal for a 3080 Ti, but it''s great to see some of the excessive MSRPs fall to the sword of consumer demand.

eBay''s average sale price includes listing prices, new products, and the 3rd week of month.

(click to enlarge)

This is because of the fact that all Nvidia GPUs are priced above MSRP, but this is despite another 10% increase in retail price over the previous month.

MSRPeBay Average Price AprileBay Average Price MayeBay Average Price JuneCurrent Price InflationPrice Increase May to June
GeForce RTX 3090 Ti$2,000$2,000$2,000$1,650-18%-18%
GeForce RTX 3090$1,500$1,700$1,700$1,6007%-6%
GeForce RTX 3080 Ti$1,200$1,210$1,200$1,000-17%-17%
GeForce RTX 3080 12GBN/A$1,130$1,000$870-13%
GeForce RTX 3080 10GB$700$1,000$850$77010%-9%
GeForce RTX 3070 Ti$600$770$700$68013%-3%
GeForce RTX 3070$500$730$660$58016%-12%
GeForce RTX 3060 Ti$400$580$560$50025%-11%
GeForce RTX 3060$330$500$440$38015%-14%
GeForce RTX 3050$250$315$330$33032%0%

Chaque Nvidia GPU is being pushed up in the lower middle of the spectrum above it. The RTX 3050 should be a $250 GPU, but the cheapest models are available for $330, the MSRP of the RTX 3060. This then doubles to the RTX 3060 Ti, which is effectively priced like an RTX 3080.

Although pricing for these cards are still low, we believe MSRP levels are possible, but even in the context in which the market is currently, we are still not there. We''re very curious to see how low pricing can get ahead of the next generation, because if pricing never falls to MSRP even in a GPU inventory clear-out, that will be strong evidence for the advertised prices being largely fake, although let''s be honest, they''re already flawed.

Anyone who purchased a new Nvidia GPU a few months back in March has likely been burned quite hard. GPUs like the RTX 3080 have dropped from $1,100 to $770 in a few months, and the RTX 3070 has dropped from $860 to $580. It''s great to see some relief for those who have chosen to stay for as long as possible.

AMD GPU Pricing Trends

eBay''s Average Sale Price, including Listings, New Products, and the Third Week of Month

(click to view the bottom right)

Seven out of 11 AMD models are currently under MSRP, with the first of them being the RX 6800 XT and RX 6800. Some cards are up to 10% below MSRP, despite AMD''s recently released models, like the 6900 XT and 6600. Some OEMs have seemingly admitted they are unsellable at their launch price when other models are cheaper and perform similarly.

MSRPeBay Average Price AprileBay Average Price MayeBay Average Price JuneCurrent Price InflationPrice Increase May to June
Radeon 6950 XT$1,100N/A$1,100$1,1000%0%
Radeon 6900 XT$1,000$1,000$950$880-12%-7%
Radeon 6800 XT$650$920$800$77018%-4%
Radeon 6800$580$800$760$70021%-8%
Radeon 6750 XT$550N/A$550$540-2%-2%
Radeon 6700 XT$480$570$490$470-2%-4%
Radeon 6650 XT$400N/A$400$380-5%-5%
Radeon 6600 XT$380$440$375$360-5%-4%
Radeon 6600$330$325$335$300-9%-10%
Radeon 6500 XT$200$210$195$180-10%-8%
Radeon 6400$160N/A$170$1600%-6%

While pricing for AMD Radeons is generally below MSRP, prices have also dropped less than Nvidia month on month, with just a 5 percent drop on average. This indicates AMD GPU pricing falling out and price decreases slowing, as we''ve dropped 8 percent in May and 15 percent in April.

GeForce and Radeon GPU Price Points

Here''s how AMD and Nvidia''s lineups compare to each other in most sectors. At the end of the day, the price decrease for the RTX 3080 Ti, which now stands below the RX 6950 XT, has made the AMD card a bit wacky.

The RTX 3080 is now a more direct competitor for the RX 6800 XT, another match-up that looks unlikely for the Red Team.

Nvidia GPUPriceAMD GPU
GeForce RTX 3090 Ti$1,650
GeForce RTX 3090$1,600
$1,100Radeon RX 6950 XT
GeForce RTX 3080 Ti$1,000
GeForce RTX 3080 12GB$900Radeon RX 6900 XT
GeForce RTX 3080$750Radeon RX 6800 XT
GeForce RTX 3070 Ti$700Radeon RX 6800
GeForce RTX 3070$600
$550Radeon RX 6750 XT
GeForce RTX 3060 Ti$500
$450Radeon RX 6700 XT
GeForce RTX 3060$400Radeon RX 6650 XT
$350Radeon RX 6600 XT
GeForce RTX 3050$300Radeon RX 6600
$200Radeon RX 6500 XT
$150Radeon RX 6400

The RTX 3070 is essentially the only card occupying that $600 slot right now. Despite its relatively low price, the 6700 XT remains to be somewhat cheaper than the RTX 3060 Ti, although the margin is steadily declining.

Nvidia has improved its position in the lower parts of the market in a small way, but AMD looks reasonable, with the 6600 XT coming in cheaper than the RTX 3060, and the RX 6600, which offers greater performance than the RTX 3050 at the same price.

I''ve provided my current opinion for the market as it stands today, and what we''re forecasting in the next couple of months. This will be divided into four main areas...

To Buy or Not to Buy?

Under some circumstances, you may skip the current generation. Products from the RTX 3080 and above will be replaced within six months, and the expectation is that next-gen products will be significantly faster.

The crypto market has also soiled its pants to a degree that a rapid rise in prices as we saw about the RTX 30 series is unlikely in the first months of a big crash. Obviously, we cannot know for sure what the crypto market will do, but we may be concerned that weak demand for crypto will help stabilize GPU pricing about the launch of next-gen cards, and we should see rates return to MSRP more rapidly than last time.

The reason why prices continued to be high for so long was mostly due to crypto mining, so if this isn''t a requirement for this next generation, expect better pricing and availability for GPUs.

If you see a significant discount that raises pricing well below MSRP from a trusted seller, here''s how we''re talking $500 RTX 3080s... that kind of thing, is probably where you might justify buying. At $1,600 for an RTX 3090 at the moment, that''s a difficult journey.

If you''re more interested in a mid-range or lower-tier Nvidia GPU, here''s the best advice: wait a few months. Nvidia GPU pricing is still rising, indicating we haven''t reached the bottom yet, especially as many GPUs continue to be sold above the MSRP.

You may as well wait until the bottom is hit. However, unlike with higher-end cards, buying a mid-range GPU right now might be a good choice, given that we don''t anticipate Nvidia to release next-generation mid-range products until 2023, especially for under $350.

Our recommendations for high-end AMD GPUs are similar to buying a high-end Nvidia GPU, but these devices are expected to compete by the end of 2022. However, I still believe that now is a good time to pass over this generation and wait for the outcome.

If you have $800 to $1,000 to pay for a GPU, then buying will soon expect a substantial amount of that money to go to waste; again, unless you notice a massive discount less than the MSRP.

This may be the only category where buying now might be a reasonable choice. AMD cards are evidently decreasing after another month or two, so you may only end up seeing a percentage decrease in the single digits for pricing. We also don''t anticipate these GPUs to be immediately superseded in the 6600 XT tier, so what is available in the sub $400 market is likely to remain for some time.

Used GPU Pricing

If you have an older-gen graphics card, the market has quickly evolved from a seller market to a buyers market. Prices for the Nvidia RTX 20 series cards have dropped by 12 percent this month. In fact, prices have basically reduced since the beginning of 2022, so if you failed to sell, you did miss an opportunity to cash in.

MSRPeBay Average Price AprileBay Average Price MayeBay Average Price JuneCurrent Price InflationPrice Increase May to June
GeForce RTX 2080 Ti$1,000$749$639$552-45%-14%
GeForce RTX 2080 Super$700$547$457$415-41%-9%
GeForce RTX 2080$700$465$423$363-48%-14%
GeForce RTX 2070 Super$500$470$384$356-29%-7%
GeForce RTX 2070$500$413$355$328-34%-8%
GeForce RTX 2060 Super$400$439$358$295-26%-17%
GeForce RTX 2060$350$313$280$238-32%-15%
MSRPeBay Average Price AprileBay Average Price MayeBay Average Price JuneCurrent Price InflationPrice Increase May to June
GeForce GTX 1660 Ti$280$295$247$193-31%-22%
GeForce GTX 1660 Super$230$299$244$193-16%-21%
GeForce GTX 1660$220$234$203$164-26%-20%
GeForce GTX 1650 Super$160$192$177$1590%-10%
GeForce GTX 1650$150$181$153$140-7%-9%

The GeForce GTX 16 series price has dropped by 16 percent on average, with the 1660 series in particular dropping by more than 20 percent. It''s clear that the entire lineup will now be sold for at or below the MSRP, and there will be no longer 16 series cards above $200 per year. It''s also true that you wouldn''t spend more than $200 on a used GPU from this family.

MSRPeBay Average Price AprileBay Average Price MayeBay Average Price JuneCurrent Price InflationPrice Increase May to June
GeForce GTX 1080 Ti$700$394$360$311-56%-13%
GeForce GTX 1080$600$284$261$194-68%-26%
GeForce GTX 1070 Ti$450$277$248$192-57%-23%
GeForce GTX 1070$380$223$199$168-56%-16%
GeForce GTX 1060 6GB$250$163$155$132-47%-15%
GeForce GTX 1060 3GB$200$146$112$110-45%-2%

Last month, we said we wouldn''t recommend purchasing a Pascal GPU since they''re too old and that''s still true today, although pricing is getting low for some models. Several Pascal owners have finally decided to upgrade or remove their old GPU. This is because this series is down 16 percent on average.

MSRPeBay Average Price AprileBay Average Price MayeBay Average Price JuneCurrent Price InflationPrice Increase May to June
Radeon 5700 XT$400$516$419$313-22%-25%
Radeon 5700$350$492$402$273-22%-32%
Radeon 5600 XT$280$355$310$218-22%-30%
Radeon 5500 XT 8GB$200$236$201$182-9%-9%

AMD cards from the RX 5000 series are flooding the market, with only one price falling in the month on month, thus putting prices below MSRP. A fair warning that most of the cards sold through eBay in this Radeon series will be ex-mining models, although gamers still use these GPUs had plenty of chances to sell their 5700 XT to a miner last year and upgrade to a faster 6700 XT for free.

MSRPeBay Average Price AprileBay Average Price MayeBay Average Price JuneCurrent Price InflationPrice Increase May to June
Radeon RX Vega 64$500$416$346$271-46%-22%
Radeon RX Vega 56$400$435$331$260-35%-21%
Radeon RX 590$280$269$212$169-40%-20%
Radeon RX 580 8GB$230$257$201$147-36%-27%
Radeon RX 580 4GB$200$167$133$98-51%-27%
Radeon RX 570 4GB$170$147$129$93-46%-28%

The old Vega and Polaris generations have made a difference in the RX 500 series, which has decreased in popularity throughout the year, owing to a 24 percent decrease in price. These prices are more appropriate to the age and performance of these GPUs, according to the RX 580 8GB, which we''d expect to get superior in the new RX 6500 XT or RX 6400.

Bottom Line

Overall it''s another good month for GPU pricing predictions as expected, with ongoing price reductions. Supply is plentiful, there''s also a possibility to select any graphics card that you like, and some cards have reduced in price since January, which is a huge victory for consumers. This next generation of graphics cards is also developing nicely, assuming that without the mining danger it should be a more standard market in terms of availability and pricing.

The only downside is the perception that this generation of cards is not too late, particularly on anything exceeding $500. We cannot only recommend people buy some of the budget and mainstream pricing items, and nothing in the high end. The imminent launch of new GPUs and pricing only just reaching the MSRP is inadequate.

There appears to be a lot of inventory at retailers and manufacturers, while a ton of mining GPUs has yet to reach the second hand market. This might result in some of the graphics cards that should be a lot cheaper, especially once next-gen products are announced. Expect a rush of deals as retailers and owners try to clear out their old models before taking too much of a loss.

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