For several years my trusty 1070 has done everything I've needed it to. However, it isn't cutting it anymore especially since I want to get into 4k gaming. However, I've been holding off getting a new GPU due to horrific pricing as a result of the AI and crypto booms. Without the thousands of GPU deals flooding Ozbargain, I am completely out of the loop and am wondering whether now is the time to finally bite the bullet and build a new pc?
Are GPU Prices Finally Reasonable?
purelysam on 30/12/2023 - 23:37
Poll Options
- 5Brilliant GPU pricing
- 3Okay
- 2Neutral
- 50Still Terrible
- 5GOD AWFUL
Comments
Not as bad when they were used for mining. The "low-end" is absolutely pathetic with gimped PCI-e bandwidth and still priced fairly high (300-400 for something decent). The low-mid range is extremely bad with terrible cards like the 4060 and 4060 Ti being way overpriced. The mid-range is good performance wise but price is really bad (expect to pay $800+). High end is fairly reasonable if you stick with AMD, Nvidia is overpriced. So, overall, it's not good but it's here to stay. You should expect to spend $800 for a 4070 tier GPU if you want a decent upgrade from your 1070. You can think of the current gen as being shifted a tier higher in price but not performance and you no longer get diminishing returns at the high-end (more at the low-end).
The mid-range is good performance wise but price is really bad (expect to pay $800+)
If you're meaning an Nvidia x70 series card is mid-range, then $800-900 is expensive, but not "really bad", i.e. not a historically ridiculous price.
E.g. OP's referring to the 1070, have we just forgotten how expensive that card was? (see: https://web.archive.org/web/20170125232142/http://www.msy.co…), so ~$600-700 in Jan 2017. Using the RBA's inflation calculator (see: https://www.rba.gov.au/calculator/annualDecimal.html), this is ~$680-780 today. Also worth keeping in mind that in 2017, the exchange rate was around 1.3 AUD/USD, whereas it's closing in on 1.5 AUD/USD today.
Even prior to that, e.g. in March 2013 (see: https://web.archive.org/web/20130305141929/http://msy.com.au…), the Nvidia 670 was around $400-450, and back then, the exchange rate was 0.967 AUD/USD, so $400 AUD back then would be ~$500 AUD today (adjusting for inflation), and once you adjust for purchasing power parity with the USD, it'll be close to $750 (again, not far off the 4070 price).
Obviously it would be great if GPUs were cheaper, but most of the price increases we're seeing are due to the erosion of the value of the AUD. If the exchange rates were what they were 10 years ago, the 4070 would be $600 instead of $800-900.
I was in the same predicament. Went from 1070 to a 4070 for 595 USD just recently
I got my MSI 4070ti a little after release for $1100 less the Diablo 4 code for $1040 haven't even seen it close as this price.
Absolutely disgusting pricing
The way I looked at it, the prices for a GFX card are terrible. However there is little that's really going to change things in the near term. NVidia might reduce the extreme prices they have tried to charge with their release of their SUPER cards; but it's by no means certain, and they would need to drop them by over A$300 to be credible. Unlikely when they can make stupid money on AI.
At the same time, AMD have said they are going to neglect the high end for the next generation, which will leave it open to NVidia to overcharge even more massively (say hello to $2000 for their top of the line). Intel will continue to fail to deliver.
Upshot is other than maybe some falls in the next month, and US$1000 units falling in price somewhat at the beginning of 2025, you shouldn't expect any significant change for years to come.
So see what the NVidia prices are in Jan, and how they effect AMD prices, but then buy in the expectation that the duopoly will continue to remain overpriced.
I won't comment on GPU prices.
But be warned that all the predictions are that SSD prices definitely will rise significantly over the coming months.
They've already started. The prediction is they'll go up another 50% in the next 6 months. We're talking about them going back up to about $150/TB. They have to because the manufacturers of the components that go into them have been losing money hand over fist. They manufactured too many, ended up with warehouses full of stock, had to cut the price to move that stock and lost billions doing so, now they've cut manufacturing quantity to increase prices to return themselves to profitability.
Why did they have an oversupply?
the covid pricing conditioned all the simps that the new and current still-way-to-high pricing is reasonable
I bought a 970 back in 2015 for sub $500. Yes inflation but i would expect due to tech and efficiency uplifts that prices probably should have come down over this time. So in my humble opinion you should be able to get the equivalent for the same amount now. Call it $700 tops factoring in currency swings, not the $1000 that it's sitting at with discount shops for a 4070.
tech and efficiency uplifts that prices probably should have come down over this time
Moores law dies a little more each year with exponentially increasing R&D costs to produce new lithographies. At this rate, 4 node shrinks later and the idea of "generations" of GPUs or CPUs will be dead.
Maybe there will be a paradigm shift at some point, or maybe we'll just plateau, who knows.
Its not good
Still not great.
Crypto was having an impact on prices and now AI is having an impact.
I got a used one of these from a deal here a couple of months back. Very happy with the purchase, was only around $450. I've never bought a used GPU before but it's looks almost new.
https://www.asrock.com/Graphics-Card/AMD/Radeon%20RX%206800%…
Nope, the upcoming "SUPER" refresh will just bounce all Nvidia prices back to inflated MRSP :/
The AMD 7800XT is probably the best "value" at the moment, and probably into the future …