Computer gaming is a multi-billion dollar industry. People of all ages love to buy and play on the latest consoles and games. Advances in technology mean today's gaming feels more realistic, especially with 3D rendering. Major brands in the industry include Sony, Microsoft and Nintendo.
As we rush out to get our hands on the latest devices and games, what happens to our old consoles? Most of us sell them or trade them in for the new ones we want. You might not think it, but there are several good reasons to hang onto your old consoles. Here's why:
They will appreciate in value over time
Sure, your old games console might not be worth much today. Especially with millions of other identical models available to buy. The thing is: what happens in say ten or twenty years' time? There will be less of those consoles on the market.
The laws of supply and demand state that the value of items will go up when there is high demand but low availability. If you want to invest in electronics, you don't need to buy company shares. Just keep your old games consoles and watch them rise in value over time!
You can still get them repaired
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