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Most GPUs Now Start Below MSRP: Graphics Card Prices, August 2022

Graphics card prices, a bunch of test GPUs
(Image credit: Tom's Hardware)

Graphics card prices at the start of August 2022 are once again lower than the prior month, though the rate of decrease has slowed down. We've pulled together the data for the current prices, both at retail and on eBay, for the best graphics cards and all the latest GPUs in our GPU benchmarks hierarchy. eBay prices fell by 6% on average since July 1, and prices on previous-gen cards dropped by 8% on average. Perhaps more interestingly, retail prices also dropped by 7% on average, with several GPUs showing double-digit decreases.

There's a strong correlation between graphics card prices and mining profitability, and there's some minor concern with the slow rebound in cryptocurrency prices over the past month. Mining profitability improved somewhat, though even the RTX 3090 and RTX 3090 Ti only average about $2.50 per day. Bitcoin bottomed out at just under $18,000 in mid-June, and now sits at just over $23,000. Ethereum likewise hit a low of less than $900 on June 18, and has since rebounded to roughly $1,700. Will they maintain those levels? That's the billion-dollar question.

Graphics Card 2022 Price Change
eBay Price on August 1eBay Price on Jan 1Retail Price on August 1GPU MSRPeBay YTD ChangeRetail vs eBay PriceRetail vs MSRP
GeForce RTX 3090 Ti (opens in new tab)$1,330$1,400$2,0005%-30%
GeForce RTX 3090 (opens in new tab)$959$2,918$1,204$1,500-67%26%-20%
GeForce RTX 3080 Ti (opens in new tab)$850$1,992$950$1,200-57%12%-21%
GeForce RTX 3080 12GB (opens in new tab)$700$799N/A ($800?)14%0%
GeForce RTX 3080 (opens in new tab)$638$1,783$800$700-64%25%14%
GeForce RTX 3070 Ti (opens in new tab)$550$1,244$674$600-56%23%12%
GeForce RTX 3070 (opens in new tab)$475$1,179$550$500-60%16%10%
GeForce RTX 3060 Ti (opens in new tab)$429$1,007$471$400-57%10%18%
GeForce RTX 3060 (opens in new tab)$345$761$390$330-55%13%18%
GeForce RTX 3050 (opens in new tab)$300$300$2500%20%
Radeon RX 6950 XT (opens in new tab)$895$1,000$1,10012%-9%
Radeon RX 6900 XT (opens in new tab)$750$1,527$749$1,000-51%0%-25%
Radeon RX 6800 XT (opens in new tab)$575$1,387$670$650-59%17%3%
Radeon RX 6800 (opens in new tab)$510$1,282$580$580-60%14%0%
Radeon RX 6750 XT (opens in new tab)$509$500$550-2%-9%
Radeon RX 6700 XT (opens in new tab)$400$898$449$480-55%12%-6%
Radeon RX 6650 XT (opens in new tab)$350$340$400-3%-15%
Radeon RX 6600 XT (opens in new tab)$300$659$310$380-54%3%-18%
Radeon RX 6600 (opens in new tab)$240$578$260$330-56%9%-17%
Radeon RX 6500 XT (opens in new tab)$160$168$2005%-16%
Radeon RX 6400 (opens in new tab)$140$140$1600%-13%

If you're willing to take a chance on eBay, nearly every GPU now sells below its official MSRP. There are only three exceptions, Nvidia's RTX 3060 Ti, RTX 3060, and RTX 3050. The most expensive GPUs are even selling 20–35% below MSRP, joined by the RX 6600 XT, RX 6600 and RX 6500 XT.

Retail prices aren't significantly worse, either, and you get the peace of mind that comes with purchasing a brand-new GPU. Only the RTX 3080 down to the RTX 3050 are selling above MSRP, with about a 10% markup on the RTX 3080 and RTX 3070 Ti, and a 20% markup on the other three GPUs. The RTX 3080 12GB incidentally can actually be had for less than the 10GB card and generally delivers 5–10% higher performance.

While Nvidia still has a few cards sticking above MSRP, AMD's GPUs are all well below MSRP if you go through eBay, and only the RX 6800 XT and RX 6800 are selling at MSRP if you want to buy a new card at retail. You could argue that some of AMD's GPUs had a higher than warranted MSRP to begin with, but the same goes for certain Nvidia cards. Still, AMD's eBay prices are typically around 20% below MSRP right now, or 10% below MSRP at retail.

Nvidia Ampere and AMD RDNA2 GPUs: eBay Pricing for July 2022
GPUAvg eBay PriceQTY SoldRetail PriceLast PriceMonthly ChangeFPS/$
GeForce RTX 3090 Ti (opens in new tab)$1,45280$1,400$1,538-5.6%0.0912
GeForce RTX 3090 (opens in new tab)$1,057828$1,204$1,098-3.7%0.1198
GeForce RTX 3080 Ti (opens in new tab)$901432$950$956-5.8%0.1370
GeForce RTX 3080 12GB (opens in new tab)$773101$799$835-7.4%0.1611
GeForce RTX 3080 (opens in new tab)$6961186$800$728-4.4%0.1670
GeForce RTX 3070 Ti (opens in new tab)$593549$674$620-4.4%0.1755
GeForce RTX 3070 (opens in new tab)$4881459$550$518-5.8%0.2046
GeForce RTX 3060 Ti (opens in new tab)$4371428$471$461-5.1%0.2093
GeForce RTX 3060 (opens in new tab)$355478$390$379-6.2%0.1978
GeForce RTX 3050 (opens in new tab)$288116$300$304-5.4%0.1785
Radeon RX 6950 XT (opens in new tab)$8439$1,000$1,069-21.2%0.1629
Radeon RX 6900 XT (opens in new tab)$697160$749$767-9.0%0.1860
Radeon RX 6800 XT (opens in new tab)$615188$670$625-1.5%0.2009
Radeon RX 6800 (opens in new tab)$513149$580$551-6.9%0.2159
Radeon RX 6750 XT (opens in new tab)$5053$500$513-1.6%0.2005
Radeon RX 6700 XT (opens in new tab)$393518$449$407-3.3%0.2434
Radeon RX 6650 XT (opens in new tab)$35933$340$368-2.3%0.2223
Radeon RX 6600 XT (opens in new tab)$285423$330$299-4.5%0.2736
Radeon RX 6600 (opens in new tab)$235275$260$258-8.7%0.2833
Radeon RX 6500 XT (opens in new tab)$16244$168$171-5.2%0.1905
Radeon RX 6400 (opens in new tab)$1577$140$1532.5%0.1506

In terms of best value, looking at FPS per dollar spent and using eBay prices, it's hard to beat the RX 6600 and RX 6600 XT. Those sit at about 0.28 FPS/$, and the next closest GPU is the RX 6700 XT at 0.24 FPS/$. Nvidia's best values are the RTX 3060, RTX 3060 Ti, and RTX 3070, all of which land in the 0.20–0.21 range. Or if you're okay with a previous generation card, the RX 5600 XT currently takes top honors at 0.30 FPS/$ — and most of Nvidia's RTX 20-series GPUs are a better value than the RTX 30-series.

If you want more performance than the GPUs offer, you'll end up with diminishing returns, though factoring in the cost of the rest of your gaming PC changes the dynamics a bit. We used an estimated price of $750 for the rest of the PC, which means on a system level your best value would come from a more expensive GPU, with the RX 6800 XT taking top honors, followed closely by the RX 6900 XT, RX 6800, RX 6950 XT, and RX 6700 XT. Food for thought.

Looking just at eBay pricing, GPU prices dropped by 6% compared to last month, which means the rate of decrease has slowed down. (July vs. June prices showed a 14% drop.) The RX 6400 is the only card that went up in eBay pricing, but it's almost $20 cheaper at retail right now so it hardly counts — plus there were only seven such cards sold on eBay throughout July.

The average GPU price for all cards sold on eBay last month is $575, compared to $614 in June. Nvidia's average GPU price on eBay was slightly higher at $623 ($658 in June), with AMD's average price sitting at $399 (versus $435 in June). Despite the higher prices, Nvidia outsold AMD by a 3.68 to 1 ratio. We'd expect somewhat similar margins at retail, but unfortunately, we don't have direct access to such data.

Nvidia Turing and AMD RDNA GPUs: eBay Pricing for July 2022
GPUAvg eBay PriceQTY SoldLast PriceMonthly ChangeFPS/$
GeForce RTX 2080 Ti (opens in new tab)$517328$564-8.2%0.1855
GeForce RTX 2080 Super (opens in new tab)$403188$407-0.8%0.2105
GeForce RTX 2080 (opens in new tab)$347203$348-0.4%0.2371
GeForce RTX 2070 Super (opens in new tab)$322402$342-5.8%0.2375
GeForce RTX 2070 (opens in new tab)$286227$310-7.7%0.2372
GeForce RTX 2060 Super (opens in new tab)$276173$298-7.4%0.2356
GeForce RTX 2060 (opens in new tab)$227522$241-5.7%0.2435
GeForce GTX 1660 Ti (opens in new tab)$183225$200-8.5%0.2392
GeForce GTX 1660 Super (opens in new tab)$186608$201-7.4%0.2389
GeForce GTX 1660 (opens in new tab)$173133$174-0.1%0.2301
GeForce GTX 1650 Super (opens in new tab)$151111$171-12.1%0.2205
GeForce GTX 1650 (opens in new tab)$149237$155-4.2%0.1790
Radeon RX 5700 XT (opens in new tab)$276856$314-12.1%0.2667
Radeon RX 5700 (opens in new tab)$257164$286-10.0%0.2523
Radeon RX 5600 XT (opens in new tab)$194260$215-9.6%0.2993
Radeon RX 5500 XT 8GB (opens in new tab)$16031$174-8.5%0.2497
Radeon RX 5500 XT 4GB (opens in new tab)$14929$156-4.4%0.2240

The previous generation Turing and RDNA1 GPUs showed a similar 7% drop in prices compared to the prior month. The biggest losers were GTX 1650 Super, RX 5700 XT, and RX 5700, all of which showed double-digit percentage drops.

If you're running a GPU that's older than the previous generation, it's also worth noting that the relative value (FPS/$) tends to be higher on these last-gen cards. The GTX 1650 Super through RTX 2080 Super all deliver 0.21–0.24 FPS/$. AMD's GPUs also compare favorably, at 0.22–0.30 FPS/$ on the RX 5000 generation. If you're looking at a complete PC upgrade, however, the newer GPUs win out.

Total card sales for both previous- and current-generation GPUs were down compared to May, which isn't particularly surprising, as the lower prices mean there's less enticement for people to try to offload older hardware. That doesn't mean there aren't a lot of old graphics cards waiting to be sold, though.

The Used Card Deluge Begins

Flooded cars, like a flood of used GPUs

Imagine those cars represent cards, and you'll get the idea. (Image credit: Shutterstock)

As we've been predicting, there are a lot of used graphics cards now coming to secondhand markets. We used eBay pricing for the above tables, but bulk buyers are typically able to get even better deals.

For example, here's a lot of 42 RX 5700 GPUs (opens in new tab)  that sold for $9,500 on eBay, or just $226 per card. That's 12% lower than the average eBay price, though obviously there's no question of whether these GPUs have been down in the Ethereum mines or not. That's a far cry from this lot of 100 RTX 3070 cards (opens in new tab) that apparently went for $1,600 each in April 2021.

As always, we urge caution before buying a used graphics card, as there are lots of potential concerns if a card was mining 24/7 for the past year or more. And regardless of what the seller says, we'd assume any GPU with 6GB or more VRAM was mining. If you take the chance on a used card, be sure to thoroughly test it ASAP, and buy from someone that offers returns.

Looking forward, we're hearing more rumblings about the upcoming RTX 40-series Nvidia Ada GPUs, which could land in the next month or two. The latest suggests that the RTX 4070 Ti will match or exceed the RTX 3090 Ti in performance. That seems reasonable since the RTX 3070 did the same to the RTX 2080 Ti. AMD's RDNA 3 still looks to be a bit further out, probably launching in the November time frame, but we could also see some massive performance boosts there.

The real question will be pricing and availability of the next-gen GPUs. Hopefully, we won't see a repeat of Scalpergate 2020, but that's probably wishful thinking.

Jarred Walton is a senior editor at Tom's Hardware focusing on everything GPU. He has been working as a tech journalist since 2004, writing for AnandTech, Maximum PC, and PC Gamer. From the first S3 Virge '3D decelerators' to today's GPUs, Jarred keeps up with all the latest graphics trends and is the one to ask about game performance.

  • g-unit1111
    About time! I'm definitely pulling the trigger on a 3070 relatively soon. Come on MSRP!
    Reply
  • ConfusedCounsel
    g-unit1111 said:
    About time! I'm definitely pulling the trigger on a 3070 relatively soon. Come on MSRP!
    Why. Wait for the 4070 and get 3090 performance for a MSRP of approximately $550, assuming price adjustment in line with 10% inflation.
    Reply
  • Ogotai
    not where i am, they look to still be over priced, and above msrp ( even after conversion ) to local currency.

    might take another 1-2 months for this to happen here, by that point, may as well just get the 40 series and radeon 7000 series.
    Reply
  • ConfusedCounsel
    The 4090 and 4090 Ti will be energy consuming beasts. I would need solar panels just for the graphics cards in my kids gaming rigs, otherwise their mom will ban gaming when she sees the electric bill. Also, bedrooms usually only have 15 amp circuits and 14 guage wires. That kind power would need at least 20 amp circuit and 12 guage wires. So, I would need to rewire the bedrooms. Additionally, I am not paying $1500 -$2000 for a graphics card, plus the cost of rewiring bedrooms and the cost of solar panels. My kids will have to settle for 4070s under the Christmas tree.
    Reply
  • thisisaname
    At this point they should be well below MSRP.
    Reply
  • ConfusedCounsel
    thisisaname said:
    At this point they should be well below MSRP.
    Well the price of copper is way down, so you are definitely over paying for their heatsinks.
    Reply
  • IceQueen0607
    I have 4 GTX 1660 Ti's I've been wanting to replace for a couple of years, but here, there are no cards yet at or below MSRP. At least in the nVidia range, I haven't looked at the AMD range, but AMD is typically higher than it's competitors here.

    Perhaps as @Ogotai says it will take longer. However, I fear declining exchange rate, inflation and retailer greed will keep the prices above MSRP even after exchange rate conversions and taxes.

    <sigh>
    Reply
  • samopa
    Hope that this trends still holds when nVidia release their RTX40xx series (finger crossed)
    Reply
  • Tanquen
    Admin said:
    Graphics card prices and availability continue to improve, and the used market is being flooded with old mining cards. Here's a look at the current prices, for new cards at retail as well as used GPUs on eBay.

    Most GPUs Now Start Below MSRP: Graphics Card Prices, August 2022 : Read more

    Lower prices are always welcome but these MSRP prices are nuts. Top of the line card should be $500 bucks max. There's just too much pent up demand and too many people willing to spend two grand on a 3090 TI that's maybe 10 or 15% faster. It's totally crazy out there.
    Reply
  • martinch
    Somewhat frustratingly, I'm not seeing price drops here - if anything, they're increasing. Looking at the RTX 3060's, they've got an RRP of £300, but you're looking at £370-500, which is the price they have been for the last couple of months, although some models have increased (ASUS's "TUF" model going from £420 to £480 in the last couple of weeks). The story's much the same with the RTX 3060 Ti (RRP of £370, but you're really looking at £470-550). It's looking like I'll be keeping my GTX 970 for a while longer (possibly until it breaks, at this rate!). :/
    Reply