Delightfully bitter as the irony may be, the Smartphone bargain of the year in the form of the LG Nexus 4 is also one of the most overpriced resale items anywhere in the world today.
Ever since its release date just a few weeks ago, trying to buy the LG Nexus 4 direct from the source has been a little like trying to find a unicorn capable of emitting golden goose eggs…tricky indeed. So, it has become the sworn duty of the reseller to do anything and everything possible to hoodwink and swindle the masses by thinking of a price at which to sell the Nexus 4 and then doubling it.
Quite literally, it seems.
As of now, the LG Nexus 4 is still sold out via Google across most of the world, while third-party resellers are asking up to twice the standard retail price for the honor of taking one home. The general average resale price for the $299 8GB version is still well over $500, while the 16GB version is being spotted all over the place for $650.
Impatience, it seems, can be rather expensive.
The one shred of good news however is that the extraordinary level of demand for the LG Nexus 4 has led to more and more greedy resellers stocking up and offering them at inflated prices, meaning more competition on the resale market and some fractional discounts to be found.
That being said, there’s still little to no chance of taking home the 8GB Nexus 4 for less than $400 right now.
However, it’s looking increasingly likely that those with stockpiles of the rare gadgets are in for a struggle in making a profit is they hold onto them much longer, as reports from the Far East suggest that massive shipments of the Nexus 4 are expected early January which should give the official Google online portal all the units it could possibly need to meet demand.
Cold comfort for those hell-bent on taking one home for Christmas – great news for the more sensible souls realizing a few extra weeks isn’t going to kill anyone.