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Old 11-24-2006, 11:31 PM   #1
Ro
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Join Date: Oct 2001
Location: Kelowna
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Default When should I sell my PS3's and Wii's?

There was a shipment of PS3's and Wii's at my local Costco today, so my girlfriend and I each decided to pick up one of each with the intention of flipping them (although I may end up giving my Wii to my little brothers as a Christmas present). A few of my co-workers mentioned the PS3's were selling for close to $1500 CDN and the Wii's were going for double or even triple the MSRP. So we figured, what the hell.

I checked E-Bay tonight, and the highest ending bid for a PS3 I saw was $1050 CDN including shipping, and the Wii was mid 400's.

That would be a tidy little profit of $370 on the PS3 and $175 on the Wii.

My question is this- should I wait until closer to Christmas to sell them? I have read that Nintendo will have 2.2 million units sold/available for Xmas, versus 200-400k for the PS3. Should I sell the Wii now and wait a little on the PS3? Sell both now? Wait on both?

And when I decide to sell, should I go local (newspaper, buy and sell, etc.) or is E-Bay the best way to go? Does that matter if I wait or not? Anyone have any info regarding potential shipments of these systems?
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