LoopHole your way to 54% off your games, Blu-rays, tech and gadgetry (or even a £50 note!)
LoopHoler here, reporting in from my new home here at BitterWallet...
For those of you new to world of loopholing, you assume the role of a Digital Del Boy, buying low and selling high!
Want cheap games, electricals, gadgets and phones? Then loophole for massive discounts – or if you’re not into all this material jazz – then take the cold hard currency and bank yourself some wedge!
CEX (Computer Exchange) offer cash and trade prices for all your unwanted technology. Be it video games, TVs, phones, iPods, SatNav, laptops, memory sticks… whatever. So, what the LoopHoler does best is find deals where you can buy goods (a DVD, a game, a phone) for £X amount – and sell it/trade it at a CEX near you (or post it – to sell/trade online) and receive a profit.
You can sell/trade up to nine copies of one item in any corporate CEX store, or you can a maximum of five at a franchise. Unless you have their store listings, you wont know – but next time you’re passing your local CEX (they have nearly 200 stores nationwide) why not dip your nose in and chat ‘em up. See how many maximum copies of one title they will take. They will allow you to trade more than 5/9 at one time, but if you go over their limit – you will receive a ‘bulk’ price on any titles over that limit. The reduction in sell/trade can be as little as 10% or as much as 80% (ouch!)
GameStation/Game with their ‘Price Match’ promise will beat any price given by CEX by £1 (on goods they take, which is pretty much *just* video games). *BUT* you will need to prove it, nine times out of ten they will try to squirm out of it and they will only take two or three at a time – mostly just the one (boo hiss!)
So… why do it Mr LoopHoler? I'll tell you why kiddo. Because, just say I want to buy the newly released much anticipated ‘True Crime: Hong Kong’, eh, I mean, ‘Sleeping Dogs’. This title will cost you £39.99 in GameStation (and up to £49.99 in some other high street venues – HMV, etc). I don’t want to be spanking my hard earned De Niro on *one* computer game – I want it cheap!
So, I look up how much ‘Sleeping Dogs’ will cost me at CEX.co.uk – and its £38, so already I'm £2 ahead of the GameStation price.
“But Looper, GameStation sell brand new factory games – and CEX sell pre-owned games – and although I can scan the shelves and pick the nicest box, then ask the staff to give me the mintest disk – I still wont have all the cool unlock codes and premium content that people get with new release games”
Aha, I have thought of this! I never go into a loopholing situation half-cocked.
“Premium Content” like the water pistol unlock on Future Soldier, or the *one* additional level on most games, or the ‘limited edition’ Avatar item is not exactly premium in my book. If its an online play code, then yes – this usually carries an (Xbox) price tag of 800MSP/£6.99. So we do have to re-coup this money somehow.
So, my £38 copy of Sleeping Dogs, bought from CEX is not looking so great.
Time to fetch the suitcase from the van, ‘cos if you want the best 'uns, but you don't ask questions, then brother, I'm your man. (see prior reference to Only Fools/Del Boy - for anyone under 20… Google it!)
We need to buy low and trade high – we want to get as much credit at CEX as possible – for as little cash as humanly possible.
Step up Zavvi.co.uk. “Oooooo” the masses will say. They are not so widely favoured for their delivery times. Alas, I stand by them. I'm happy to make a buck or two if it means waiting an extra day. In recent experiences ‘Hadukon’ (Play.com or whatever they are now being called) have started super delaying their dispatches and using snail mail to send – so I think the economic pressures of ‘costs’ is hurting all business (apart from Amazon of course – them peeps are still pretty rapid).
But, at Zavvi.co.uk – we can pick up the fine epic masterpiece (unfounded) of ‘Hara Kiri: Death of a Samurai’ on BluRay for a mere £4.95. Better still, it being August, we can also use the discount code 10AUGZ and knock another 10% off that price (for those people reading in September, fear not, the 10% discount is trivial at this point – as the saving I'm about to showcase below is going to make you wheep – thus forgetting about this insignificant 10% saving). *With* the 10% off, we’re looking at £4.46 per title.
Luckily, LoopHoler HQ is pretty close to a 9x limit CEX store. So with me and ‘A. N. Other’ CEX Member (be it your mother, brother, lover – whoever) you can double your output for getting shifted.
Got 2 stores nearish to you? Then do it there too, as the limits are per store/per customer, not *just* per customer.
So in this situation, let's go for a paltry 18 copies of Death of a Samurai. This will run me the bank busting amount of £80.28
Better still, Zavvi do ‘Rewardz’ points, which for every £1 spent – I get one point (which is effectively a penny. But hey, it's free – so I'll take that 80p of points gladly.
For QuidCo/TopCashBack users, you can also get another 3% back in cashback – if an August reader and taking advantage of the above code – that drops the cashback to 2%, but still, its another £1.62 in my sky rocket.
Net price for the 18 copies - £80.28 – 80p - £1.62 = £77.86 --- That’s £4.33 per copy. “Lovely jubbly”.
Now, those copies of “Hara Kiri” you’ve just secured are worth £7 cash – or £8 ‘trade’/credit at any CEX store in the UK.
So, me and my mother/brother/lover (delete where applicable) are able to ‘trade’ nine copies each and pocket ourselves a nifty £144 credit note for CEX.
That means, our £77.86, is now worth £144.00! Working this out to a more ‘appealing’ rate – and that means – anything on the shelves of CEX (laptops, iPads, phones – anything – doesn’t matter what you trade in – the credit is for use on *anything* instore) we can buy at a 54% discount.
So, our £38 copy of Sleeping Dogs… The actual ‘cash’ effective price it’ll cost me… £20.52
Don’t want Sleeping Dogs? The newly released Spiderman game? – £32, that’s £17.28 cash price! Darksiders 2? £35, effectively £18.90 cash!
You don’t have to do 18 copies. If you *just* want Sleeping Dogs, then you need (£38 ÷ £8/cop y= £4.75) five copies of ‘Hara Kiri’ costing £22.30 – to return a £40 credit note. Leaving you £2 change on credit!
Don’t want a game?! Then go for the ‘cash’ value on them of £7/copy. That’ll be £126 (on 18 copies), for your (net) £77.86 spend – meaning £48.14 of free money! By simply receiving some Blu-rays in the post, unwrapping them and getting down to your local CEX.
IMPORTANT: LoopHoling is not a guaranteed form of income. Prices on website (both buying and selling) are subject to change and if this happens, you will be responsible to either unload the goods yourself (or just send them back to the retailer for a full refund – to which you may be responsible for the return postage costs). Always adhere by the rules/decisions of the respective outlets and accept their decision as final. LoopHoling is not illegal, its not a scam and its not unethical to do so – you’re following their rules, sticking to their limits and simply operating on the ‘Digital Stockmarket’
Note: CEX rarely accept sealed copies of titles. However, retailers will not accept a return of items if they are unsealed – so I recommend you take the items sealed to your CEX, and once the price has been confirmed and you’re ready to ‘press the button’ you then unwrap them and trade/sell. *IF* however you are attempting to trade/sell a title to CEX which has a title ending with “(S)” this denotes the item must be sealed, so this will have to remain sealed from start to finish.
Apologies for the sheer meatiness of todays post. As the process of ‘LoopHoling’ required some explanation, it took up some published inches – but going forward, when you all become professional loopers – I'll have to explain the process less and less :D