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Selling Your PS3 in 2020: Value, Models, and Key Factors to Consider

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Is Your Old PS3 Gathering Dust? Let’s Talk Cash (and Nostalgia)

You have a PlayStation 3 hiding in your entertainment center. It may have been replaced by a new PS5. Or, maybe you miss the days of Solid Snake and Kratos. You wonder, is your old console worth anything now?

Hold on tight. We are exploring the world of PS3 values in 2024. You might be surprised to find your old console can still bring in some cash. It might even cover your next digital game purchase on a *different* console.

Decoding the Dollar Signs: PS3 Value in the Modern Age

Let’s cut to the chase. What’s a used PS3 worth now? The PS3 is not the cutting-edge device it once was. It is retro, yet still plays some great games. Think of it as the vintage car in gaming – not the fastest, but stylish.

The General Ballpark

If you plan to sell a used PS3 (Slim or Super Slim) in 2024, expect prices around $50 to $150. This range varies based on key factors that we will discuss shortly.

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Model Matters: Fat, Slim, and Super Slim Showdown

Just like ice cream, PS3s come in different varieties. Some are more desirable than others:

  • Original “Fat” PS3 Models: These classics range from $70 to $180. The hard drive size varies from 20GB to 80GB. Nostalgia and backward compatibility play a role in value.
  • PS3 Slim: A sleek and reliable option. Expect prices between $80 and $120. Hard drive sizes include 120GB, 160GB, 250GB, or 320GB.
  • PS3 Super Slim: This is the most modern and affordable option, selling for about $50 to $80. They are compact and efficient.

The Value-Boosting Bonus Round: Accessories and Condition

Want to get the best price for your PS3? Consider these value-boosting factors:

  • Accessories and Games: Extra controllers, cables, and select games can increase your console’s value. A complete package is appealing.
  • Condition is King: A PS3 in great condition with original packaging commands a higher price. Scratches or dents lower its value.

Trade-In Temptation vs. Online Goldmine

Wondering where to sell your PS3?

  • GameStop Trade-In: For quick store credit, expect about $35 or $24.50 in cash. Convenient but not maximizing returns.
  • Second-hand Stores: Local shops may offer between $20-$40. Quick cash with lower payouts.
  • Online Marketplaces: Online platforms like eBay can yield much higher prices, around $180 plus shipping. You handle shipping and buyers.

Reddit Wisdom: Pricing Strategies from the Trenches

Let’s gather some pricing advice from Reddit:

  • The “What Would I Pay?” Approach: Think about what you would pay for your PS3 with accessories. Price it accordingly but be ready to negotiate.
  • The “Steal” Sweet Spot: For users, a fair price with cables and one controller is around $60. Anything less is a steal for buyers.
  • The $100 Threshold: To justify a price over $100, your package needs extra accessories and games. Just the console likely won’t cut it.

A Quick PS2 Price Check: For Perspective

Just for context, even a used PlayStation 2 sells for around $70 these days. Retro gaming remains appealing!

Model Detective: Unmasking Your PS3’s Identity

To price or sell your PS3, you need to know what you have. Is it a Fat, Slim, or Super Slim? Let’s help you identify it.

The Model Number Decoder Ring

Your PS3’s model number is essential. Here’s how to find it:

  • Location Matters: Check the back of your PS3 for a sticker near the barcode. This sticker has your model number, starting with “CECH” followed by letters and numbers.
  • Understanding the “CECH” Code: The letters after “CECH” are crucial:
    • “CECHA” and “CECHB”: Original “Fat” models.
    • “CECHC” and “CECHE”: Slim models.
    • “CECHG” and “CECHH”: Super Slim models.

Backwards Compatibility Bonus (or Lack Thereof)

This matters if you own PS2 games:

  • Fat Models are Best: Original “Fat” models have backward compatibility with PS2 games. This increases their value.
  • Slim and Super Slim: No Compatibility: Slim and Super Slim models lack full compatibility with PS2 discs, but can play some digital classics.

Spotting Backwards Compatibility in the Wild

Need a quick visual for compatibility? Look for these signs on “Fat” models:

  • Card Reader Flap: Some models feature a flap concealing card reader ports.
  • Count the USB Ports: Backwards compatible “Fat” PS3s have four USB ports; others have two. Four is key!

Beyond Price Tags: Other PS3 Ponderings

The PS3 story includes more than its market value. Let’s dive into key points.

The End of an Era (But Not Really)

The PS3 is no longer produced. Sony stopped making them between 2015 and 2017. Is it obsolete? No! Third-party development continued for years.

Game On, Prices Up? PS3 Game Values Rising

Many once-common PS3 games are becoming valuable. Collector’s editions and music games are particularly sought after. Consider your game collection when selling!

PS5 and PS3: A Tale of Incompatibility (Mostly)

Can you play PS3 games on your new PS5? Not directly from discs. The PS5 lacks native backward compatibility. However, with PlayStation Plus Premium, you can stream some PS3 games via cloud gaming.

Prepping Your PS3 for a New Home

Selling your PS3 requires preparation:

  • Deactivate Your Account: Before selling your console, make sure you deactivate your account.
  • Make sure to deactivate your PlayStation Network account on the PS3. Access System Activation in settings to deactivate the PS3 system.
  • Wipe Your Game Data: Old save files are not needed. Go to Game -> Game Data Utility on the XMB menu, select games to remove data, press triangle, then choose Delete. A fresh start for the new owner!

Saying Goodbye Responsibly: PS3 Disposal

If your PS3 is beyond repair, dispose of it properly. Many waste and recycling centers have drop-off points for electronics and batteries. Do not throw it in the trash!

Broken But Not Worthless: Selling a Faulty PS3

A broken PS3 may still hold value! If it has cosmetic damage or functional defects, you can sell it. Be honest about its condition and label it as “Poor.” Someone may want parts or try to fix it.

Digital Dreams Still Alive (Sort Of)

You can still buy digital content on the PS3, including games. However, you can’t use credit or debit cards directly anymore. Instead, add funds to your PlayStation Network wallet via a PS4, PS5, app, or website. Digital purchases are still possible.

So there you have it. The PS3 refuses to fade away. Whether you aim to sell your old system or learn its value, this guide equips you with knowledge. Decide: sell, keep, or maybe fire it up for a nostalgic session. The choice is yours!

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