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Crypo Scalpers are Ruining Xbox Series X Pre-Orders With Huge Markups


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Crypo Scalpers are Ruining Xbox Series X Pre-Orders With Huge Markups

Home Gaming News Scalpers are Ruining Xbox Series X Pre-Orders With Huge MarkupsFrom a £40K Xbox Series X to a signed special edition drawing of the console, the pre-order scalpers and scammers are already out in force. September 22, 2020 Date published: 2020-09-22T10:55:02+00:00 The holidays are fast approaching and is the launch of next-gen consoles.…

Crypo Scalpers are Ruining Xbox Series X Pre-Orders With Huge Markups

Crypo

From a £40K Xbox Series X to a signed special edition drawing of the console, the pre-order scalpers and scammers are already out in force.

  • Date published: 2020-09-22T10: 55: 02+00: 00
crypo Xbox, Xbox Series X,
The holidays are fast approaching and is the launch of next-gen consoles. Cue scalpers. | Source: Microsoft/Xbox
  • Xbox Series S/X pre-orders went live in the UK this morning.
  • The Series X has already sold out at the large majority of retailers, with scalper listings now popping up of auction sites.
  • We’ve spotted a £40,000 Series X and even a signed drawing of the console on offer.

Much like the launch of PS5 pre-orders last week, the first batch of Xbox Series X units released at 8 am morning in the UK has already sold out at most retailers.

Other than settling for a Series S, which is still available through Amazon and even directly from Microsoft, those hoping for the full-fat version of Xbox’s next-gen console are out of luck unless they are willing to pay a premium.

crypo Xbox
The scalpers are already out in force. | Source: eBay UK

Right on cue, listings for confirmed pre-orders popped up almost immediately on auction sites such as eBay courtesy of scalpers who were up bright and early to snatch away as many coveted pre-orders as possible to make a quick buck.

The average price isn’t quite as exorbitant as those for the PS5 but generally float above the recommended retail price of £449. We’re still early in the day, and they’ll likely balloon as more people resign themselves to the fact that pre-ordering direct from a retailer or Microsoft is no longer a possibility.

crypo Xbox
A £40K Series X. | Source: eBay UK

The priciest listing we came across is asking for an initial bid of £9,999 with a Buy It Now option priced at £40,000 – the equivalent of a down-payment on a house or a spiffy new car.

crypo Xbox

The next closest requires a starting bid of at £5,000. The rest of the listings tail off from there, falling as low as an initial bid of £1.00.

crypo Xbox
Pick up a signed special edition drawing of Microsoft’s sold out Series X. | Source: eBay UK

You can even pick up a signed special edition drawing of an Xbox Series X, whose creator may want to consider an alternative vocation. This one’s currently up to £5.50.

crypo Xbox
An ‘accidental order’. | Source: eBay UK

And, finally, one last little curiosity. I’m not sure if scalpers’ remorse is a thing, but this particular reseller appears to be trying to justify their listing, explaining they inadvertently ordered an extra Xbox Series X.

Samburaj Das edited this article for CCN.com. If you see a breach of our Code of Ethics or find a factual, spelling, or grammar error, please contact us.

2 Responses

  1. You know what? I saw let the scalpers have at it. It’s simple supply and demand. If you wanna get an xbox x or a ps5 — pay the scalpers. They will gladly sell to you. I do not see any reason at all why Microsoft or Sony should get involved whatsoever. It’s simply not their problem. The only ones with the problem are the cheapskates who di not want to pay what the market will obviously bear. Too poor to pay the scalper’s price? Move aside so those who ARE willing to pay can get their purchases. Again, it’s no one else’s problem but those cheapskates.

    If I were a scalper, not only would I purchase every console, I would do a DOS attack on the websites on the retailers to prevent those cheapskates from crying to them for being too poor to get their kid what they so desperately want under the tree.

    Let the preorder games begin, I say

    1. Not wanting to pay double, or quadruple the MSRP for an item does not make someone a cheapskate.

* All comments must be approved by staff before appearing on CCN.com. We do not allow bad language, hate speech, nor verbal attacks on staff or other commentators. Some comments may be edited for clarification or if they are in breach of our comment policy. If you wish to delete your comment or data, please contact us.

  • Date modified: 2020-09-23T14: 31: 29+00: 00

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