Bad time to buy GPU?

[brawler]

Hi all.
I'm itching to upgrade (currently on a 3060 non-TI). It works but 1440p is a bit much for it at the frames I want.
Looking at 6700xt @ R13499 or 3070 for R15500 (wootware).
Been checking 2nd hand but prices seem excessive compared to new ones.
New prices are down a bit and the sentiment feels like they will continue to go down?
New GPU out later in the year?

Heart says buy now but brain says to wait it out. I don't mind losing a couple of k but don't want a big knock (think 2080ti owners on 3070 announcement lol).

Thanks!

 

[Nivea]

Id say wait

 

[Badsector]

Wait for a few months, Intel is releasing new discrete graphics cards and Ethereum is going to stop using mining this year.

 

[Valheru]

Wait, Intel is releasing new discrete graphics cards and Ethereum is going to stop using mining this year.

Hence....wait. Not all cards are on deck at the moment.

 

[ZOMBY]

Fuck it yolo

 

[brawler]

thanks for the sanity check guys.

 

[AndreL]

Wait for a few months, Intel is releasing new discrete graphics cards and Ethereum is going to stop using mining this year.

So this means that more gpus will be available, but second-hand?

 

[Themistocles]

So this means that more gpus will be available, but second-hand?

All the miners will start dumping theirs I would imagine. Unless they decide to go to another crypto.

 

[Migs]

It already begun with the 3050.
Add Intel Alchemy to the mix, more cheaper Pascal 10xx/16xx cards.

 

[Migs]

All the miners will start dumping theirs I would imagine. Unless they decide to go to another crypto.

They will go to another Crypto.
Doubt GPU Mining will die out so quickly.

 

[AndreL]

All the miners will start dumping theirs I would imagine. Unless they decide to go to another crypto.

Well that's great and all, but I worry about the condition of those gpus then...

 

[goldfritter]

thanks for the sanity check guys.

"The next big thing" is always on the horizon. If your frames are not making you happy right now, it makes sense to get the best bang for buck, right now. The next generation of GPUs might be stupid expensive, unavailable, delayed, or not as fast as you would have liked. This is how things always have been, before and during the shortage.

As to where that best bang for buck lies. I'd lean Nvidia because of the nice-to-haves (DLSS and ray-tracing). The Palit 3060Ti, 3070, and 3070Ti are all more or less equal in terms of "frames per rand" (i.e. if you add R 3k to get a 3070 instead of a 3060Ti, you get around R 3k worth of more performance). The 3080 is not good value on that scale.

 

[Themistocles]

"The next big thing" is always on the horizon.

Very well put... And I was in the same boat as OP, but now, after having to deal with an Intel HD (laptop) for a year and a bit, anything with 4GB or more is aces in my book.

 

[brawler]

Thanks guys. It's not only "the next big thing" but spending R15k on a 18m old 8GB card that is already running out of vram does make me nervous. That plus the sentiment around that the prices will come down with the eth issue and less shortages.
I'll chill with the 3060 for a while longer.

 

[Badsector]

You would still get a very good price for the 3060 ( check on Carbonite for current prices), which you can deduct from the 3070 price. That would make it much more affordable.
My advice was more for people like me who still has an old graphics card.

 

[Deathbringer]

Got a 6700xt laat week and dont regret.
Yolo or buy eth...

 

[brawler]

Sold the 3060 for a good price.
Decided on either 3060ti or 6700xt for now but choosing between them is a challenge. 3070 is nice but too expensive for 8GB vram and its late in the cycle to spend that much.

3060ti is a bit cheaper and has nice extra features but I probably won't use them (DLSS/Better RTX)
6700xt seems a lil bit faster and has more vram.

Leaning more on the 6700xt for a different reason, in my experience Freesync works better when FPS drops.
I've noted this with many monitors and GPUs. My current monitor is Freesync (not G-sync) but it does have the g-sync cert sticker on it (basically Freesync on Nvidia).

With my GTX 1080, 2070s and 3060 as soon as the FPS drops below monitor refresh rate you can really notice the drops more than with an AMD GPU. Really annoying in competitive games.

 

[crackOlicious]

Im in a similar theoretical boat but realistically don't have money for an upgrade lol. I have a 1070 but my monitor is G-Sync so kind of stuck to Nvidia. Most advice for 1440p would lead to a 3070ti over anything else.

Sent from my SM-A715F using Tapatalk

 

[NATE_ZA]

Hey guys,

dont mean to hijack op thread but also struggling to decide on buying a new GPU i currently have an RTX 2060 super. I have my eye on the RX 6800XT now so stuck in pulling the trigger now or wait it out a bit. I am mostly looking to game at 1440p but would like to do 4k for certain games as well, granted i need to get a decent monitor after the gpu. Any opinions would be appreciated

 

[Oj0]

I've been watching pricing (overall, not just GPUs) increase by 0.1 to 1.5% per day all week with no sign of slowing down. Mid Feb seems to have been the sweet spot, and with the current trajectory we're moving away from that at quite a rapid pace One supplier had increases of nearly 8% on some GPUs on Monday.

 

[LouisABC]

I've been watching pricing (overall, not just GPUs) increase by 0.1 to 1.5% per day all week with no sign of slowing down. Mid Feb seems to have been the sweet spot, and with the current trajectory we're moving away from that at quite a rapid pace One supplier had increases of nearly 8% on some GPUs on Monday.

Well, those new cards are not selling. Woot is not even keeping cards in stock, mostly at suppliers.

Look at the amount of cards on second hand market and the rate they are moving at.

Anyways, let the market dictate.

*Awaiting Jonathan's Essay of a response now*

And reminder of the Lian Li Dan A04 H2O please.

Newegg out of stock :'-(

 

[Oj0]

Well, those new cards are not selling. Woot is not even keeping cards in stock, mostly at suppliers.

Look at the amount of cards on second hand market and the rate they are moving at.

Anyways, let the market dictate.

*Awaiting Jonathan's Essay of a response now*

And reminder of the Lian Li Dan A04 H2O please.

Newegg out of stock :'-(

I don't have an essay reply for you. I can just say that some places are still trying to add on 20% markup, and in some cases (like with ASUS Z690 board @affxct and a few others bought) I was 50% cheaper than some of these places trying to run massive margins.

The board in question was R 5,707 while other places were selling for R 10,999. I'm not naming names, but I am replying to what you said - so read between the lines

Just because someone is a big name doesn't mean they don't run insanely high markup at times.

 

[yourang]

I've been watching pricing (overall, not just GPUs) increase by 0.1 to 1.5% per day all week with no sign of slowing down. Mid Feb seems to have been the sweet spot, and with the current trajectory we're moving away from that at quite a rapid pace One supplier had increases of nearly 8% on some GPUs on Monday.

Supplier new excuse is world war 3

 

[Oj0]

Supplier new excuse is world war 3

Give it a day or two for them to catch wind of the 90 minute power outage in Taiwan yesterday which is expected to affect availability...

 

[ThatGuyJD]

I don't have an essay reply for you. I can just say that some places are still trying to add on 20% markup, and in some cases (like with ASUS Z690 board @affxct and a few others bought) I was 50% cheaper than some of these places trying to run massive margins.

The board in question was R 5,707 while other places were selling for R 10,999. I'm not naming names, but I am replying to what you said - so read between the lines

Just because someone is a big name doesn't mean they don't run insanely high markup at times.

Also just look at those prices on 5000 series CPUs, absolutely insane.

 

[Intox]

I've been watching pricing (overall, not just GPUs) increase by 0.1 to 1.5% per day all week with no sign of slowing down. Mid Feb seems to have been the sweet spot, and with the current trajectory we're moving away from that at quite a rapid pace One supplier had increases of nearly 8% on some GPUs on Monday.

I do wonder, both Nvidia and AMD are releasing their next gen this year, if the suppliers keep increasing prices aren't they taking a risk of sitting on a bunch of old stock that might be made redundant in a few months by massive performance gains of the new gen?
I would have thought we might see some discounts by now since this gen is almost over now.

Surely there aren't that many people left that are still spending 15K+ on a 3070 class GPU so close to next gen, are card's even moving at current prices is what I am wondering.

 

[Oj0]

I do wonder, both Nvidia and AMD are releasing their next gen this year, if the suppliers keep increasing prices aren't they taking a risk of sitting on a bunch of old stock that might be made redundant in a few months by massive performance gains of the new gen?
I would have thought we might see some discounts by now since this gen is almost over now.

Surely there aren't that many people left that are still spending 15K+ on a 3070 class GPU so close to next gen, are card's even moving at current prices is what I am wondering.

With these kinds of quantities in stock, I don't think anyone is losing sleep over cards not selling. "+" means there are currently un-invoiced orders for stock (so 2+ means they have eg 3, with 1 on order but not yet invoiced, or they have 6 with 4 on order but not yet invoiced, etc). The last one on that list with a + is one of these so people are buying right across the price range.

Cards are also moving surprisingly quickly. I think people are gatvol of waiting for price decreases which never happen and they're just biting the bullet. Shipments are coming as quickly as several per month, but they're small (normally less than 100 cards total).

One thing I am pretty sure of is R 25k+ for an entry level high end card (eg Gigabyte Eagle RTX x080) and R 50k+ for a top end card (eg MSI Gaming X OC RTX x090) is here to stay. People have been predicting "imminent" price drops to R 16k for a 3080 and R 25k for a 3090 for more than a year now.

Suppliers are talking cost pricing of near R 90k ex VAT for the 3090 Ti based on the latest info they have (we'll see if that card ever really materializes, but if it does - that's the kind of pricing we're looking at at present).

And yes, at R 100k+ I have more than one customer lined up. Part of the problem if you ask me. If EVERYONE stood together and refused to pay that price, it wouldn't be that price - but if just a handful of people are prepared to pay that price... Well they've managed to dictate the market. More than "just a handful" of people have been prepared to pay R 30k for an RTX 3080 and R 38k for an RTX 3080 Ti, so we're basically screwed.

/looks at sealed copy of Cyberpunk 2077

/looks at GPU pricing

Nope, that's staying sealed forever at this rate...

 

[Intox]

Nope, that's staying sealed forever at this rate...

Thanks for the detailed reply, definitely gives some insight on the local supply situation, makes sense now why they wouldn't be worried about next gen coming soon.

Also color me surprised that cards are moving at current prices, I really thought they weren't but glad to have more accurate information.
Guess discounted GPU's are not on the menu anytime soon haha

 

[Stingrat]

That 29k i paid for a 3080ti HOF is looking decent at this rate. Bloody sickening

 

[Ageless_ZA]

"Looks at my PC"

Sure am glad I bought a 3080 at launch even though 22k felt too high in November 2020.

*opens Cyberpunk and lofts the V sign to @Oj0*