GPU Prices 2023: July Update

The original text from early February 2023 follows:

The first month of 2023 is now in the books, and the news for the PC market is looking grim. PC and GPU sales are both down, and PC shipments in particular dropped precipitously at the end of 2022. That's not too surprising, considering the massive spike in sales during the pandemic — and all of those PCs should be doing just fine for several more years, particularly in the business sector. Meanwhile, JPR reports that discrete GPU sales hit a 20-year low, no doubt helped by the end of GPU mining just prior to the most recent update period.

Into that mix, Nvidia launched its RTX 4070 Ti, aka the GPU formerly known as RTX 4080 12GB, just with a $100 price reduction. Reviews were again lukewarm at best, angry and offended at worst. Performance is better than the RTX 3090, mostly, but often below the RTX 3090 Ti — and with half the VRAM. It's also a relatively minor increase in performance over the RTX 3080 10GB, but with a higher price. Perhaps eBay scalpers won't have much luck moving this newcomer.

The good news is that lower demand and sales means prices are coming down. We're looking at eBay specifically, where we can readily pull information for sold auctions over the past month, but retail prices are also trending down now. Here's a look at the eBay prices for the various current generation (including RTX 30- and RX 6000-series) GPUs.

The average eBay price for most of the current Nvidia RTX 30-/40-series cards dropped, particularly on the high-end ($500 and above) models. That mostly gets us back to where prices were several months ago, and there's certainly room for further downward movement.

RTX 4090 still averaged more than $2,000, but some of that is skewed by sales of "rare" models that command higher prices. The RTX 4080 dropped 9% and averaged just slightly higher prices than the official MSRP. RTX 4070 Ti meanwhile averaged $910, 14% above the base MSRP, but many of the custom cards retail for $900 and more. Only 39 4070 Ti cards were sold during the entire month, which is far fewer than other Nvidia cards.

AMD's new RX 7900-series cards also dropped in price, with the 7900 XTX falling 13% to $1,240 — still 24% above MSRP. The 7900 XT on the other hand dropped 26% to an average price of $846, 6% below MSRP. As we noted in our launch review, the XT seemed priced far too high compared to the XTX model, so it's little surprise that aftermarket sales show a wider gap.

The rest of AMD's RX 6000-series cards didn't show much in the way of changes. Some GPUs are a bit cheaper, others were a bit more expensive, but overall AMD's GPU prices remained about the same. Don't get fooled by the large dip in RX 6700 10GB or RX 6650 XT prices, either, as those had very low volumes and are thus prone to larger fluctuations.

And speaking of, Intel's Arc GPUs also showed some fluctuations, but with only 16 total Arc GPUs sold on eBay last month, you can't read too much into it. Considering Intel dropped the Arc A750 price to $250, there's plenty of evidence that the cards aren't selling all that well (at least in the consumer sector).

January traditionally ends up being a much slower month than December and November, and that's the case once again. The total number of "current" generation GPUs sold on eBay was about 15% lower compared to last month — just under 12,500 sold versus 14,700 in December.

Previous generation Turing and RDNA GPUs generally dropped in price, though the RTX 2080 Super and RX 5700 (non-XT) bucked that trend and showed 7% higher eBay prices compared to December. If you could somehow guarantee you weren't getting a card that had been used 24/7 for cryptocurrency mining for much of the past two years, these cards would be far more enticing.

If you're thinking about picking up an older GPU for cheap, check our GPU benchmarks hierarchy to see how it stacks up against other cards. Also keep in mind whether buying a used graphics card is even something you want to risk.

As above, January was slower than December in terms of units sold, though the change isn't as large. The total number of previous generation GPUs sold on eBay was 4.4% lower compared to last month, 5,074 versus 5,306.