New deal discounts Switch 2 to $400, but you have to act fast

Newegg's latest Deal of the Day is helping gamers buy Switch 2 consoles for little over $400 for the base console.

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Gamers have an opportunity to beat the incoming Nintendo Switch 2 price hike with a well-timed deal. Newegg's current Deal of the Day discounts $200 worth of Nintendo eShop gift cards for $170. Gamers are buying 2x of these deals, redeeming the gift card balances into their Nintendo accounts, and then adding extra money to cover the full cost of a Switch 2 console.

• What you spend: 2x orders of the Newegg Deal of the Day = $340 + $50 or $100 of extra money to cover remainder of the cost
• What you get: $400 in eShop credit + $50 or $100 of additional funding

In this way, users can attain a base Switch 2 console with no games for $390 pre-tax (little over $400 depending on state), or a pick-your-own-game bundle for $440.

Nintendo recently joined Sony and Xbox by announcing a price hike for the Switch 2, which raises MSRP to $499 for the base model with an effective date of September 1 in the United States.

New reports say that the company expects to produce 20 million Switch 2 consoles in this fiscal year, which could indicate that the group expects strong demand for the system. In any case, Nintendo's public forecasts are conservative as always, with the group expecting to sell 16.5 million consoles during the FY27 timeline.

Nintendo is currently facing a tough situation with Switch 2 profitability, as the combination of tariffs with global component shortages have eaten into the console's already-slimmer margins. The Switch 2 is already less profitable than the Switch 1 by default due to the technology used at the time of production and release, and that profitability has weakened over time, leading to a new generation where boosted unit sales don't always lead to boosted profits.

Nintendo management says that the price hike from $449 to $499 is critical to preserving the Switch 2's profit margins.