GameStop confirms new four-tiered trade-in pricing policy

GameStop announced a new trade-in pricing policy today, which simplifies the company's current pre-owned purchasing structure. Set to launch August 18, the program will enforce four price points "depending on whether a customer chooses cash or in-store credit for their items and whether they are a PowerUp Rewards Pro member," the announcement states.

The announcement serves as a confirmation of last week's report of an incoming change to GameStop's trade-in program, which stated that the flat rates for traded goods would rise by 20 percent, on average. As an example, GameStop noted that a game valued at $20 would be bumped to $22 for PowerUp Rewards Pro members that opt to receive in-store credit and drop to $16 for non-members only seeking cash for their games. GameStop's senior VP for pre-owned business Jason Cochran said the previous trade-in structure included 10 different price points.
[Image: GameStop]

This article was originally published on Joystiq.