Used GPU market gets flooded with Nvidia’s RTX 2080 Ti cards immediately after RTX 3000 announcement, high-end Turing prices could drop to around $300

Used GPU market gets flooded with Nvidia’s RTX 2080 Ti cards immediately after RTX 3000 announcement, high-end Turing prices could drop to around $300

The Turing flood is coming. (Image Source: ebay)
The Turing flood is coming. (Image Source: ebay)

Theoretically speaking, if the RTX 3080 priced at $699 is 70-80% faster than the RTX 2080 Ti, the high-end Turing cards should be selling for around $300 tops in used condition. We are not quite there yet, as the lowest prices in the US are hovering around $550, while in the EU, brand new RTX 2080 Ti cards are selling for 450 Euro. The race to the bottom is still on, nevertheless.

Nvidia’s high-end RTX 3000 gaming GPUs are finally releasing this September-October and the team green fans are now drooling over those huge CUDA core counts plus improved RT cores that appear to net at least 70% improved performance over Turing cards. But are all Nvidia fans really in ecstasy right now? The aggressive pricing on the RTX 3070 and RTX 3080 is surely not what current owners of the RTX 2080 Ti wanted to see. All those people who finally managed to get an RTX 2080 Ti for over US$1,000 in the past few months thinking that the RTX 3000 series would only be 30-40% faster than previous gen for the same launch price really got the short end of the stick.

No wonder why many RTX 2080 TI owners are now rushing to sell their cards on ebay and Amazon. The lowest price on the US ebay for a used RTX 2080 Ti is around $550, while prices in Europe already dived to 465 Euro (for a brand new card). Knowing that the RTX 3080 is going to cost $699 and is expected to be around 70-80% faster than an RTX 2080 Ti in ray traced content, prices for the used Turing cards should probably bottom at around $300.

Alternatively, we have the RTX 3070 priced at $499 which is expected to have similar performance compared to the RTX 2080 Ti on the raster side, while being considerably faster in ray traced content, so $300 or even lower for the top Turing cards in used condition is really not that far fetched.

Why not an announcement for the lower-end RTX 3060 cards right off the bat? These are expected to launch later, as always, although Nvidia might launch them earlier than usual this year (Holiday season possibly) because it probably wants to have competitive products to match all AMD’s upcoming RDNA2 cards. Moreover, Nvidia will surely instruct all of its AIB partners to slash prices on all the Turing cards still in stock, letting these older cards fill-in the spot for lower-end Ampere cards before the RTX 3060 and RTX 3050 get a proper launch.

Sale off – Buy NVIDIA Geforce RTX 2080 Super Founders Edition Graphics Card now on Amazon

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Bogdan Solca, 2020-09- 2 (Update: 2020-09- 3)

Bogdan Solca

I stepped into the wonderous IT&C world when I was around 7. I was instantly fascinated by computerized graphics, be them from games or 3D applications like 3D Max. I like to keep myself up to date with all the new technologies that get released at an ever increasing rate these days. I’m also an avid SciFi reader, an astrophysics aficionado and, as of late, a crypto geek.