UK Retailer Gamestation is introducing a new service that will allow gamers to pawn their games and consoles for cash, then buy them back within 28 days. If you don’t buy back your goods then Gamestation will put them up for sale. Previously gamers have always been able to trade their games in for cash or store credit, but this adds a whole new element to the used games business model. Need some extra cash to purchase a Playstation 3? Pawn your Xbox 360, use the cash and then buy it back once you get paid.
If the service catches on then most likely other video game retailers will follow suit, maybe even US retailer Gamestop will introduce it. Seeing as their used game business is already serving them well. Leave a comment and let us know what you think of this new service, and if you would ever take advantage of it knowing the risks of losing your goods after 28 days.